Disney is expected to publish its Q2 FY'24 results on May 7. We expect Disney's revenues to come in at $22.2 billion for the quarter, slightly ahead of consensus estimates, marking an increase of over 2% versus last year.
With the global economy facing uncertain times, investors ought to position themselves in top blue-chip stocks. No, aligning yourself with the biggest publicly traded companies doesn't guarantee you anything.
Tourists in Venice far outnumber residents who fear the 'Disney-fication" of the Italian city. A day-trip fee added last week did not go over well as a fix.
Disney is finally ahead of the S&P 500 after trailing the market average in the last three years. Analysts keep falling short in assessing the turnaround at Disney, and the degree of the bottom-line beats continues to widen.
Disney Entertainment and ESPN Chief Technology Officer Aaron LaBerge would step down from the position and join gaming and sports media firm Penn Entertainment , according to a memo seen by Reuters on Monday.
Aaron LaBerge, who helped oversee Disney's expansion into streaming during two stints totaling 20 years, is exiting the company. On July 1, the exec will become Chief Technology Officer at Penn Entertainment, holding the same title he did at the end of his Disney run. Penn is largely known for its gaming operation.
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