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Suspect in diving gear robs restaurant at Disney Springs in Florida
NBC News· 2025-09-17 03:58
Who or what does this look like with a menacing googly looking eyes. The creature from the black lagoon. >> Loch Ness monster coming swamp.>> No, he's the suspect in a robbery that happened around midnight Monday at Disney Springs. The restaurant that got hit, the paddlefish, looks like a big Mississippi Riverstyle paddle boat. According to the Orange County Sheriff's Office, the suspect, complete with swimming goggles, a mask, cap, gloves, and who looks like he's about to spray paint the surveillance camer ...
Disney Takes Stake in WBTN, Stock Rallies 40%
Youtube· 2025-09-16 21:00
Welcome back to Market on Close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. It's time now for Overlook Stocks.We'll be looking at Webtune shares rallying 40% on the day on the news that Disney is taking a 2% equity stake in the company. With more, let's send it over to Sam in New York. Thanks very much for that, Marley.I'm joined now by George Tillis, senior markets correspondent. Talk to us about this and the market reaction we've seen today for web tune. much.Well ...
Wall Street Navigates Fed Meeting and Strong Retail Sales as Indexes Hover Near Records
Stock Market News· 2025-09-16 20:07
Market Overview - The U.S. stock market closed on September 16, 2025, with major indexes near all-time highs, driven by strong retail sales data and anticipation of the Federal Reserve's policy meeting [1][3] - The S&P 500 Index decreased by 0.1%, while the Nasdaq Composite finished up less than 0.1%, and the Dow Jones Industrial Average dipped between 0.2% and 0.3% [2] Economic Data - U.S. retail sales for August increased by 0.6% month-over-month, exceeding expectations of 0.3%, with July's figures revised to a 0.6% growth [5] - Upcoming economic releases include Housing Starts and Building Permits, which will provide insights into the housing market's health [6] Federal Reserve Meeting - The Federal Open Market Committee (FOMC) meeting is expected to conclude with a widely anticipated 25-basis-point reduction in the federal funds rate, aimed at boosting economic activity [4] Corporate Developments - Alphabet (GOOGL) shares rose, reaching a market capitalization above $3 trillion, following Citigroup's price target increase to $280 from $225 [7] - Tesla (TSLA) shares increased over 3% after Elon Musk's $1 billion stock purchase [7] - Emerson Electric (EMR) shares fell nearly 5% due to disappointing fiscal fourth-quarter orders guidance [8] - Webtoon Entertainment's shares soared 28% after a deal with Disney for a new digital comics platform [9] Upcoming Earnings Reports - General Mills (GIS) is set to report earnings, with other notable companies like FedEx (FDX), Micron Technology (MU), Accenture (ACN), Costco Wholesale (COST), and Nike (NKE) scheduled for later in September [12]
Walt Disney Company (NYSE: DIS) Price Prediction and Forecast 2025-2030 (September 2025)
247Wallst· 2025-09-16 15:25
Shares of Walt Disney Company ( NYSE: DIS ) lost 1.31% over the past month after falling 3.80% the month prior. ...
Disney And Webtoon Expand Their Digital Partnership In New Deal
Forbes· 2025-09-16 15:15
Core Insights - Disney and Webtoon have announced a partnership to create a new digital comics platform that will feature over 35,000 titles from Marvel, Disney, 20th Century Studios, and Lucasfilm, along with content from Webtoon [2][4] - The partnership allows Disney the option to acquire a 2% equity stake in Webtoon, which recently went public [2] - Webtoon shares surged to a 52-week high following the announcement, while Disney shares experienced a slight decline [3] Group 1: Partnership Details - The new platform aims to provide fans with unprecedented access to a wide array of comics, combining various IPs into a single digital space [4] - The platform will feature a mix of vertical and traditional formats for archived comics, current runs, and original stories [4] - Webtoon will localize select Disney titles for the Japanese and Korean markets, enhancing its global reach [6] Group 2: Strategic Benefits - The collaboration is strategically beneficial for both companies, as Webtoon is a leader in vertically-scrolling graphic stories, appealing to younger mobile consumers [6] - The partnership follows a positive earnings report for Webtoon, which had seen its stock drop over 60% post-IPO, indicating a recovery and growth potential [7] - Disney is incentivizing its Disney+ subscribers to explore the new app, potentially increasing engagement with its franchises [7] Group 3: Future Considerations - There are several unanswered questions regarding the new platform, including the balance between Webtoon’s format and traditional comic formats [10] - The potential for additional announcements and expansions in the partnership is likely if the initial collaboration proves successful [9] - The impact of the new app on the current digital comics landscape, which represents a small fraction of total revenues for North American publishers, remains to be seen [10]
Webtoon shares jump more than 25% on deal to create digital comics platform for Disney's Marvel and Star Wars
CNBC· 2025-09-16 15:08
Core Viewpoint - Webtoon Entertainment Inc. shares surged following a significant partnership with Disney to create a digital comic platform, marking a notable increase in stock value and potential for revenue diversification [1][2][3]. Group 1: Partnership Details - Webtoon and Disney have agreed to develop a digital platform for Marvel and Star Wars brands, offering over 35,000 comics from various Disney properties under a single subscription service for the first time [2]. - The deal represents a "material expansion" of a previous partnership, which could lead to a steady stream of recurring income for Webtoon [3]. Group 2: Market Reaction - Following the announcement, Webtoon shares jumped more than 36% in early trading, reaching a new 52-week high and on track for its second-largest one-day advance since going public [1]. - Including the recent rally, Webtoon shares have more than doubled in the past three months, indicating strong market confidence [5]. Group 3: Analyst Perspectives - Deutsche Bank analyst described the agreement as validating Webtoon’s platform as a preferred destination for major intellectual property distribution [3][4]. - Morgan Stanley analyst expressed skepticism regarding the immediate impact on Webtoon’s near-term earnings, highlighting the need for investment to build the new platform [4].
September Fed meeting kicks off in Washington, Trump files $15B lawsuit against the New York Times.
Yahoo Finance· 2025-09-16 14:56
Market Trends & Economic Indicators - US stock futures indicate a higher open, extending record runs, driven by better-than-expected retail sales growth of 061% in August [1] - Bank of America's fund manager survey shows the most bullish sentiment since February, with equity allocations at seven-month highs and cash balances at 39%, below the 4% threshold [3][4] - A record 58% of respondents in the fund manager survey say stocks are overvalued, and 77% expect stagflation [5][6] - August retail sales increased 06% month-over-month, exceeding expectations, with clothing and clothing accessories increasing about 1% and non-store retailers increasing about 2% [8][9][10] Federal Reserve & Monetary Policy - The Federal Reserve is kicking off its two-day policy meeting, widely expected to result in a 25 basis point rate cut [1][2] - The market is focused on the potential for further rate cuts and how the Fed perceives weakness in the labor market juxtaposed with inflation [2][3] Company Specific News - Oracle's shares are extending gains amid news of its involvement in a deal for TikTok [1] - President Trump filed a $15 billion defamation lawsuit against the New York Times, exceeding the newspaper's market capitalization of approximately $96 billion [15][17] - Warner Brothers Discovery shares are taking a hit after TD Cowan downgraded the stock to hold, with a potential bid at $20 per share but a risk of shares hitting $11 to $12 if the bid falls through [17][18] - Disney is acquiring a 2% equity stake in Webtune, with Webtune's shares surging 32% [18][20] AI & Technology - Alphabet reached a record high $3 trillion market cap, reflecting the market's appreciation of the AI opportunity [23] - AI models are improving faster than Moore's Law, potentially adding $5 trillion of economic value by making knowledge workers 10% more productive [30][25] - Microsoft took out 9000 people from their cost structure and are still growing at high or mid-teens growth rate and their cloud business is accelerating [35]
S&P Closes Above 6,600 for First Time | Closing Bell
Youtube· 2025-09-15 20:40
Market Overview - Major U.S. indices closed in the green, with the S&P 500 reaching a record high, up approximately 0.5% to 6615, and the Nasdaq composite increasing by about 200 points, or nearly 1% [6][12] - The Dow Jones Industrial Average added about 50 points, or 0.1%, while the Russell 2000 rose by approximately 0.3% [6] Sector Performance - Technology and communication services sectors showed strong performance, contributing to the overall gains in the market [7][12] - Consumer staples and healthcare sectors experienced declines, with consumer staples down more than 1% [8] Notable Company Movements - Tesla emerged as a top gainer in both the S&P and Nasdaq 100, with shares rising as much as 7.5% during the session, ultimately closing with a gain of about 3.6% [10] - Alphabet also performed well, joining the $3 trillion market cap club, with a notable increase of about 4.5% in the session [12] - Citi raised its price target for Alphabet from $225 to $280, citing a healthy online advertising market despite competition in its search business [13] Decliners - Corteva was the worst performer in the S&P 500, down 5.7%, amid speculation of a potential breakup of its seed and pesticide businesses [16][17] - Hain Celestial saw a significant drop of 25% after reporting a 13% decline in sales and providing disappointing guidance for the first quarter [18][19] Corporate Transactions - VF Corporation announced the sale of its Dickies brand to Bluestar Alliance for $600 million, aiming to reduce its net debt [22] - Disney acquired a 2% stake in Web Toon Entertainment, leading to a 34% increase in Web Toon shares in after-hours trading [29][30]
Disney and WEBTOON Entertainment Broaden Relationship to Create New Digital Comics Platform
Businesswire· 2025-09-15 20:07
Group 1 - The Walt Disney Company and WEBTOON Entertainment have entered into a non-binding term sheet to develop a new digital comics platform [1] - The platform will feature current comic book runs and include over 35,000 past comics from Disney's portfolio, including Marvel and Star Wars [1]
X @Elon Musk
Elon Musk· 2025-09-14 20:41
RT Basil the Great (@Basil_TGMD)🚨CALLS TO CANCEL CHRIS PRATTThe intolerant left have started a campaign to pressure Disney into dropping Chris Pratt after he posted a message praying for Charlie Kirk and his familyThey really are vile https://t.co/dQNeke8Uqg ...