ESPN Sets Launch Date For $30 Streaming Service After Acquiring NFL Networks https://t.co/iW0VOcHscs https://t.co/A2B6wUGiLf ...

ESPN’s Streaming Service Launching This Month https://t.co/b0fmr8UQCA ...

Streaming Service - ESPN's streaming service is launching this month [1] Industry News - The launch is highlighted in a tweet with a URL [1]

Welcome back to Power Lunch with Disney set to report third quarter results on Wednesday before the bell. Investors will be keeping a close eye on theme park revenue and streaming subscriber growth. Disney shares have jumped nearly 30% over the past three months, but the stock's recent run has cooled off as of late.It's falling about 4% over the past month. Julia Borson joins us now to break it all down and give her predictions on what we may or may not hear tomorrow morning on the call. It's so good to hav ...

Core Viewpoint - Warner Bros. Discovery Inc. (WBD) achieved a new 52-week high in stock price, reflecting strong trading activity and positive market sentiment towards its strategic restructuring efforts [2][4]. Group 1: Stock Performance - Warner Bros. Discovery Inc. closed at $13.50, with a gain of 1.43% on heavy trading volume of approximately 125 million shares, more than double its average of 54 million shares [2]. - The stock reached an intraday high of $13.68, marking its 52-week high before settling near closing levels [2]. - The company's stock performance outperformed broader market indices, with the S&P 500 gaining just 0.07% and the Nasdaq Composite rising 0.18% [3]. Group 2: Strategic Initiatives - The rise in stock price builds on momentum from the company's mid-June announcement to spin off its Streaming & Studios and Global Networks divisions, indicating a strategic restructuring plan that is progressing steadily [2]. - The elevated trading volume and technical positioning above key moving averages signal robust intermediate-term momentum, reflecting sustained institutional interest in the company's corporate restructuring initiatives [4]. - Warner Bros. Discovery is positioning itself favorably amid evolving media landscape dynamics, particularly with its expanding international streaming footprint [4].

Group 1: Stock Split Overview - The first major stock split of 2025 has been announced by O'Reilly Automotive, marking its first forward split in 20 years and fourth since going public in 1993 [17][18] - O'Reilly Automotive's board approved a 15-for-1 forward split, which is expected to take effect after trading closes on June 9, 2025 [18] - The stock split is aimed at making it easier for employees to purchase whole shares rather than fractions, enhancing participation in the employee stock purchase plan [19] Group 2: Company Performance - O'Reilly Automotive's stock has increased over 4,500% since its last stock split two decades ago, indicating strong company performance and effective management decisions [20] - The average age of vehicles on U.S. roads has risen to 12.6 years in 2024, which benefits auto parts suppliers like O'Reilly as consumers tend to keep older vehicles longer [21] - O'Reilly's hub-and-spoke distribution model, with 31 regional distribution centers and nearly 400 hub stores, ensures efficient supply and availability of over 153,000 stock keeping units (SKUs) [22] Group 3: Share Repurchase Program - O'Reilly Automotive has executed a significant share repurchase program, buying back 96.5 million shares for a total investment of $25.94 billion, resulting in a 59.4% reduction in outstanding shares [23] - The reduction in share count due to buybacks is expected to positively impact earnings per share (EPS), making the stock more attractive to investors [23] Group 4: Market Resilience - The demand for auto parts is considered relatively recession-resistant, suggesting that O'Reilly Automotive's stock may continue to rise in the long term [24]