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5 Reasons to Buy Disney Stock Hand Over Fist Right Now
The Motley Fool· 2024-06-29 12:00
Our Purpose:To make the world smarter, happier, and richer.Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. ...
Walt Disney (DIS) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-06-26 22:50
In the latest trading session, Walt Disney (DIS) closed at $102.18, marking a -0.02% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, added 0.49%.Coming into today, shares of the entertainment company had lost 0.23% in the past month. In that same time, the Consumer Discretionary sector gained 2.11%, while the S&P 500 gained 3.22%.Investors will be eagerly watching for the performance of Walt ...
3 Ways Disney World Is Looking to Bag Big Gains This Summer
The Motley Fool· 2024-06-26 12:15
A revamped premium in-park offering and a pair of attraction updates should help Disney's theme park business.It's summertime, and this is a special time for Walt Disney (DIS 0.22%) and its domestic theme-parks business. Its gated attractions are open year-round, unlike smaller regional amusement-park operators with only seasonal availability, but turnstile clicks tend to surge when school is out. There's a lot of time to visit Disneyland or Disney World this time of year.Turning specifically to its massive ...
YouTube dominates streaming, forcing media companies to decide whether it's friend or foe
CNBC· 2024-06-26 10:31
In this articleGOOGLNFLXWBDDISwatch nowIt's been almost 20 years since the founding of Alphabet's YouTube, and Hollywood still doesn't really know what to do with it.YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it's no longer just dominating the internet, it's dominating the living room, too.YouTube made up 9.7% of all viewership on connected and traditional TVs in the U.S. in May — the largest share of TV for a streaming platform ever ...
Disney Fails Again To Get Antitrust Class Action Over ESPN & Hulu Ownership Tossed Out
Deadline· 2024-06-26 01:23
Disney’s efforts to have an antitrust class action from streaming subscribers dismissed has been denied one more time, but the company will now not be on the hook for any cash. “The Court once again finds Plaintiffs’ allegations sufficient to plead Disney’s market power in a well-defined SLPTV market in the United States,” wrote U.S. District Judge Edward J. Davila today in a complex and mixed bag ruling for the Mouse House (read the order here). Back in November 2022, YouTube subscribers in a quartet of s ...
1 Spectacular Growth Stock Down 49% to Buy Now and Hold Forever
The Motley Fool· 2024-06-25 10:18
Parkev Tatevosian, CFA has positions in Walt Disney. The Motley Fool has positions in and recommends Walt Disney. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Disney Faces Pushback In $300M Pay Equity Class Action Over Allegedly “Inappropriately” Withholding Documents
Deadline· 2024-06-24 19:29
A virtual hearing set this morning in LA Superior Court could result in a black eye for the Walt Disney Company and its five-year battle against what is now a sprawling pay equity class action suit. Less than a year before an estimated trial start, Monday’s recently began session finds lawyers for Disney Studios staffers LaRonda Rasmussen and Karen Moore facing off with Mouse House attorneys from Paul Hastings LLP over accusations that once again the Bob Iger-led company has been refusing to hand over requ ...
Disney's 'Inside Out 2' could be the first billion-dollar movie of 2024
CNBC· 2024-06-24 18:54
In Disney and Pixar's "Inside Out 2," Riley's Sense of Self is made up of all of her beliefs, each of which can be heard with the pluck of a string. Sadness (voice of Phyllis Smith) and Joy (voice of Amy Poehler) deliver key memories to this formative land.Disney and Pixar's "Inside Out 2" could be the first film since Warner Bros.' "Barbie" to top $1 billion at the global box office.The animated feature has tallied $724.4 million worldwide as of Sunday, making it the highest-grossing film of 2024. Warner B ...
Stocks and ETFs to Benefit from "Inside Out 2" Success
ZACKS· 2024-06-24 18:31
The record-breaking performance of "Inside Out 2" – a 2024 American animated film produced by Pixar Animation Studios for Walt Disney (DIS) Pictures – not only reaffirms the appeal of animated blockbusters on but also invigorates investor confidence in the entertainment sector.According to studio estimates on Sunday, the movie hauled in $100 million in ticket sales in its second weekend, setting a new record for an animated film in its follow-up run in theaters, as quoted on AP. In just a week and a half, “ ...
Disney's (DIS) Inside Out 2 Crosses $500 Million in 8 Days
ZACKS· 2024-06-24 15:00
Disney (DIS) has returned 13.3% in the year-to-date period, outperforming the Zacks Media Conglomerates industry’s growth of 8.4%.Disney’s solid content portfolio and brands, including Pixar, Marvel, Star Wars and National Geographic, are driving its theater and streaming business. The company is also expanding streaming service offerings through its platforms like Disney+, ESPN+, Hulu, Disney+ Hotstar and Star+, garnering investors’ confidence in its business.Adding to these merits, the company also gained ...