Disney Reports Earnings Surge, Reduces Long-Term Forecast for Disney+ Subscribers

Disney Reports Earnings Surge, Reduces Long-Term Forecast for Disney+ Subscribers

Walt Disney reported a 26% jump in revenue and more new customers than expected to its streaming service Wednesday, but it lowered the bar for anticipated future growth at its Disney+ streaming service. Chief Financial Officer Christine McCarthy on the company’s call with analysts ratcheted down its forecast for Disney+, saying it now expects to … Read more

Walmart considers Disney, Comcast, Paramount for streaming deal

Walmart Inc. is looking to add a large video streaming service to its Walmart+ membership program as the retailer amps up its competition with Amazon.com Inc., according to people familiar with the situation. Walmart WMT, +0.99% executives have held talks in recent weeks to discuss a streaming deal with executives at Walt Disney Co. HAZE, … Read more

Thomson Reuters Corp. stock falls Friday, underperforms market

Shares of Thomson Reuters Corp. THREE, -0.73% slipped 0.73% to C$147.51 Friday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.22% rising 0.22% to 19,620.13. Thomson Reuters Corp. closed C$9.11 short of its 52-week high (C$156.62), which the company reached on November … Read more

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. nflx, +1.40% rose 1.40% to $229.91 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.08% falling 0.08% to 4,151.94 and Dow Jones Industrial Average DJIA, -0.26% falling 0.26% to 32,726.82. This was the stock’s second consecutive day of … Read more

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. nflx, +0.58% inched 0.58% higher to $226.21 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.28% falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA, -0.14% falling 0.14% to 32,798.40. The stock’s rise snapped a two-day losing … Read more

Google Sales Growth Expected to Slow as Pressure Mounts on Ad Market

Google parent Alphabet is expected to report the slowest quarterly sales growth in two years, as macroeconomic pressures weigh on the market for digital ads. The company, which has a dominant share in the markets for internet search, navigation and video streaming, is considered a bellwether for the strength of online advertising. Any slowdown, on … Read more

Netflix Inc. stock outperforms market on strong trading day

Shares of Netflix Inc. NFLX, + 3.44% rallied 3.44% to $ 223.88 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, + 0.99% rising 0.99% to 3,998.95 and the Dow Jones Industrial Average DJIA, + 0.51% rising 0.51% to 32,036.90. This was the … Read more

Security Chiefs Warn Bloated Cyber ​​Market Must Learn to Work Together

An overheated market for cybersecurity products means vendors must ensure their products work better with each other if they want new business, cyber executives say. Research from the Information Systems Security Association published Tuesday with TechTarget Inc.’s analyst unit, Enterprise Strategy Group, found that more than three-quarters of 280 security professionals surveyed want to see … Read more

Facebook Shifts Resources From News to Focus on Creator Economy

Meta Platforms Inc.’s Facebook is reallocating resources from its Facebook News tab and newsletter platform Bulletin, as the company focuses more on the creator economy, senior executive Campbell Brown told employees in a memo. Ms. Brown, a former journalist who leads Facebook’s global media partnerships, said the company would shift engineering and product support away … Read more

Stocks Rise as Earnings Season Moves Past Big Banks

US stock indexes rose Tuesday as investors reviewed a fresh batch of earnings for insight into the state of the economy. The S&P 500 added 1%. The tech-focused Nasdaq Composite gained 1.2% and the Dow Jones Industrial Average rose 0.7%. US stocks slipped Monday.