The Walt Disney Company (NYSE: DIS ) is currently engaging in a goal of creating a super bundle by combining Disney+, Hulu, and ESPN+ as a unified product. This is an essential step in creating a moatWilliam has been an avid student of the stock market for over a decade. Being an avid student of political economics his entire professional life gives him a unique insight into the macroeconomy and how it impacts assets. Having learned the value of a comprehensive and fundamental approach, he has a keen eye fo ...

JasonDoiy / iStock Unreleased via Getty Images Netflix (NASDAQ:NFLX) shares are tumbling almost 9% at the market open following yesterday's third-quarter earnings report. Although revenue rose 17% year-over-year to $9.8 billion, meeting management’s guidance and Wall Street expectations, earnings of $5.87 per share missed consensus estimates of $5.95 due to a one-time $360 million charge tied to a Brazilian tax dispute. Management emphasized the hit was non-recurring and should not affect long-term perfor ...

LOGIN SUBSCRIBE BYÂ Reuters Listen to this ArticleMore info 0:00 / 0:00 Netflix missed Wall Street's third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities, while it offered a forecast a touch ahead of Wall Street projections for the rest of the year. The report failed to impress investors accustomed to fast-paced growth from the streaming video pioneer. Shares of Netflix, which had risen 39% this year ahead of the earnings report, fell 6.3%, to $1,163. ...

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Let's bring in Kevin Green, senior markets correspondent right away to help set up the action today. Uh KG. All right, let's talk big picture here with these markets.The Dow hit another record. I know we're always so focused on the S&P 500. We did finish mix yesterday.There are some who say there, you know, we could be due for a pullback. What's your thought about the makeup of uh the price action. I think uh when you're kind of looking at the level of resistance for the S&P 500, it does make sense that we ...

Netflix shares under pressure this morning. The earnings missed estimates and the company cut its fullear forecast for operating margins. That stock right now down by six and a half%.Joining us right now to talk more about it is Tom Rogers. He is CLA Clayrid executive chairman, a CNBC contributor and a Versent senior adviser. And Tom, thank you for being with us this morning.the stock reaction is a pretty sharp one, especially for something that is supposedly a one-off issue when it comes to the taxes situa ...

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Group 1 - Netflix's third-quarter revenue met expectations but earnings were impacted by a tax dispute in Brazil, leading to a 6% drop in shares during extended trading [1] - Despite challenges, Netflix remains the dominant player in the streaming industry, with no immediate threats from competitors like Warner Bros. Discovery and Comcast [2] - The success of Netflix's original content, particularly the film "KPop Demon Hunters," which garnered 325 million views, contributed to its strong advertising sales in the third quarter [3] Group 2 - Warner Bros. Discovery is considering a sale, with Netflix reportedly interested, while the company is also undergoing a split into two entities [2] - Comcast's NBCUniversal is spinning off its cable networks, indicating ongoing adjustments in the legacy media landscape as it adapts to the streaming era initiated by Netflix [2] - Netflix's ability to generate significant viewership and advertising revenue showcases its continued influence and operational success in the media industry [3]

Group 1 - Netflix's third-quarter revenue met expectations but earnings were impacted by a tax dispute in Brazil, leading to a 6% drop in shares during extended trading [1] - Despite challenges, Netflix remains the dominant player in the streaming industry, with no immediate threats from other media companies [2] - The success of Netflix's original content, particularly "KPop Demon Hunters," which garnered 325 million views, contributed to its best advertising sales quarter, showcasing its continued influence in the media landscape [3] Group 2 - Warner Bros. Discovery is open to a sale, with Netflix reportedly interested, while the company is undergoing a split into two entities [2] - Comcast's NBCUniversal is spinning off its cable networks, indicating ongoing adjustments within legacy media in response to the streaming era initiated by Netflix [2] - Netflix's ability to generate significant viewership and advertising revenue highlights its effective strategy in the competitive streaming market [3]

Core Insights - Netflix's stock declined after missing earnings expectations, with EPS reported at $5.87 compared to the expected $6.97, and margins at 28% versus the guidance of 31.5% [1] - The company is facing a significant $620 million tax dispute with Brazilian authorities, which was unexpected [2][4] - Despite the current challenges, Netflix's product offerings, including popular series like "Demon Hunters" and "Stranger Things," remain strong and are expected to drive future growth [4][5] Financial Performance - Revenues met expectations, but EPS fell short, indicating potential concerns about profitability [1] - Margins were lower than anticipated, which could impact investor confidence moving forward [1] Competitive Landscape - The streaming market remains competitive, with Netflix being a foundational platform for many users, who may also subscribe to other services like Amazon Prime and HBO [3] - The company is actively developing intellectual property (IP) around its successful shows, collaborating with brands like Hasbro and Mattel for merchandise [5] Industry Trends - The broader industry is experiencing significant changes, with speculation that Netflix may be interested in acquiring Warner Brothers Discovery [8]