Disney shares were 7% higher in premarket trade early Thursday, after the company’s first-quarter earnings beat estimates and it announced a slew of major deals and upcoming events. In its most eye-catching announcement, CEO Bob Iger said the company would take its biggest step yet into gaming with a $1.5 billion stake in Epic Games, … Read more
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
Disney reported stronger-than-expected fiscal 2024 first-quarter earnings after the closing bell Wednesday as cost reductions across its many businesses boosted margins despite flat revenue. A strong profit forecast for the rest of fiscal 2024 and an upsized capital return program helped send shares up more than 6% higher in after-hours trading. Revenue was about flat … Read more
Still from Disney Animation’s “Moana.” Disney How far will Disney go? Back to ancient Polynesia, it seems. On Wednesday, Disney CEO Bob Iger revealed that the untitled Disney Animation film slated for Thanksgiving is a sequel to the beloved 2016 film “Moana.” The news comes just a day after Nielsen’s year-end rankings named “Moana” as … Read more
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks … Read more
Justin Tallis | AFP via Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Stocks advanceU.S. stocks gained … Read more
Elon Musk will definitely always be considered one of history’s top weird little guys, and 2023 has only served to cement his image. He managed to poorly run all of his companies, running Twitter (I will not call it X) into the ground, causing Tesla to lose ground in the EV race, allowing The Boring … Read more
/cdn.vox-cdn.com/uploads/chorus_asset/file/24703753/wwdc_2023_249.jpg)
