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Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Consumer Discretionary Names
Zacks Investment Research· 2024-04-24 13:51
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.Now that we know ho ...
Disney Technology Chief Aaron LaBerge Exits For CTO Role At ESPN Bet Partner Penn Entertainment
Deadline· 2024-04-22 18:43
Aaron LaBerge, who helped oversee Disney‘s expansion into streaming during two stints totaling 20 years, is exiting the company. On July 1, the exec will become Chief Technology Officer at Penn Entertainment, holding the same title he did at the end of his Disney run. Penn is largely known for its gaming operation. In 2023, the company teamed with ESPN and rebranded its sports book as ESPN Bet. As Disney’s CTO, LaBerge oversaw a number of product rollouts, including the integration of Hulu into Disney+ and ...
Disney technology executive Aaron LaBerge to leave company for personal reasons
CNBC· 2024-04-22 17:45
The Walt Disney company logo is displayed on the floor of the New York Stock Exchange during morning trading on Dec. 1, 2023.Aaron LaBerge, the chief technology officer for Disney Entertainment and ESPN, is leaving the company, according to an internal memo.LaBerge is taking a job as CTO of Penn Entertainment, which operates ESPN Bet, the sports media company's licensed online sportsbook. He'll be responsible for driving Penn's technology strategy as a top executive in the company's interactive division. La ...
2 Media Stocks Poised to Beat Estimates This Earnings Season
Zacks Investment Research· 2024-04-22 14:26
This earnings season, media companies' results are expected to mirror consumers' growing appetite for over-the-top content consumption. The rise of streaming platforms has led audiences to abandon traditional cable and satellite TV subscriptions in favor of on-demand viewing.The industry faces significant headwinds from declining broadcast television ratings and reduced demand for theatrical content sales. Advertisers' reluctant spending amid inflation and higher interest rate concerns have compounded these ...
Billionaire Nelson Peltz Has 50% of His Portfolio Invested in These 2 Growth Stocks
The Motley Fool· 2024-04-20 13:30
The vocal activist investor has a pretty concentrated portfolio.In this video, I will review Nelson Peltz's Trian Fund Management portfolio and talk about the two stocks that comprise 50% of the portfolio.*Stock prices used were from the trading day of April 18, 2024. The video was published on April 19, 2024. ...
Netflix keeps adding tons of subscribers from its password-sharing crackdown — and it's good news for Disney
Business Insider· 2024-04-18 21:15
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNetflix said it grew subscribers by 9.33 million worldwide in Q1 — double what Wall Street had expected.Boosting its performance was the company's crackdown on password sharing, which has led to n ...
NBA's exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
CNBC· 2024-04-18 18:23
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024.The National Basketball Association's exclusive media rights negotiating window with current partners Disney and Warner Bros. Discovery is likely to expire Monday without a new deal, according to people familiar with the matter.Beginning next week, the NBA will be able to work on agreements for new partners to show packages of games. ...
Disneyland cast members file for union election
Fox Business· 2024-04-18 16:20
Disneyland cast members such as the performers who portray characters like Mickey Mouse, Donald Duck and Cinderella have taken another step in their efforts to unionize. The employees are looking to join the Actors' Equity Association (Equity), which represents workers in live theatrical performance, and the union announced Wednesday that it has filed a petition with the National Labor Relations Board to hold a union election. The cast members seeking to organize have dubbed themselves "Magic United," and a ...
If I Could Buy Only 3 Stocks in 2024, I'd Pick These
The Motley Fool· 2024-04-18 11:35
A company is more than its numbers. The qualitative characteristics, assumptions and perceptions, and the environment itself all matter.Did you know there are literally thousands of stocks you can choose from at any given time to custom-build your perfect portfolio? For some people, that sounds like an exhausting proposition. For most of the market's more active investors, however, picking stocks can be a lot of fun. It's a chance to go on a treasure hunt of sorts.Just as a thought experiment, though: What ...
Summer's Coming: 3 Exciting Stocks to Buy That Aren't Disney
InvestorPlace· 2024-04-17 21:00
The first official summer day is June 20, just two months from now. This has me thinking about summer stocks and companies that benefit from the warm weather between June and September.Walt Disney (NYSE:DIS) naturally comes to mind. If you bought last October at its 52-week low of $78.73, you’re up 43% in six months. That’s a marked improvement from the previous six months. What makes a good summer stock? One that makes good money in the summer but isn’t overly reliant on this brief window of opportunity, l ...