Disney drop in after-hours session after streaming subscriber number misses
Disney (DIS) shares tumbled by 3.64% in after-hours trading after the company reported fiscal second quarter numbers that beat Wall Street estimates on earnings but missed projections on revenue and on subscribers to the company’s Disney+ streaming service....
Disney postpones release of Black Widow in movie theaters–what does that tell us about the post-vaccine economy?
A couple of weeks before Christmas, Disney (DIS) decided that the pandemic coast would be clear enough by May for it to send Black Widow, the next Marvel universe potential blockbuster–to movie theaters in May. Not so far, the company has now decided. With rates...
Watch my new YouTube Video: 5 Picks for the next 6 months
I’m starting up my videos again–this time using YouTube as a platform. The twelfth YouTube video “5 Picks for the Next Six Months” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
Market sees fourth quarter GDP slowdown as good news
U.S. GDP growth slowed in the fourth quarter, gaining just 1% from the third quarter. For the full year the U.S. economy contracted by 3.5%. That makes 2020 the first time that the economy has contracted for a full year since 2009 and the Great Recession. At the...
Disney misses Wall Street projections on earnings; signals worse to come
How did Wall Street analysts get Disney (DIS) earnings today so wrong? Analysts had been projecting earnings of 86 cents a share. The company reported earnings of just 60 cents for the company’s second quarter. The bigger-than-Disney takeaway here is...
Disney delays release dates on entire Marvel movie slate–including Black Widow
You know that Disney (DIS) is really serious about the likelihood of continued social distancing measures disrupting movie going for months when it delays the release date of Black Widow, once intended as the tentpole of its summer schedule. Black Widow has been...
Can’t anybody run a streaming service? Netflix joins the Disney glitch parade
Netflix (NFLX) customers couldn’t log in to their accounts for about two hours on Thursday morning. Downdetector.com recorded more than 1,000 companies in the first hour. This follows on a much more serious service disruption suffered during the launch of...
Disney hits new record price on launch of streaming service
The bad news is that 10 million customers tried to sign up for Disney+ on Tuesday, intermittently crashing the website for Disney’s (DIS) new streaming service. The good news is that 10 million customers flocked to the newly launched streaming service and by Day...
Recent weakness good opportunity to pick up Disney for patient, long-term investors
Every so often the calendar and the movie release schedule give patient long-term investors a chance to buy Disney (DIS) on some mild weakness. That’s where we are now. The stock pulled back slightly after the company announced first quarter earnings on May 9 of...Jim’s Daily Email Alerts:
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