Market pro names stocks that could do well with margins under pressure

Profit margins are getting squeezed as inflation remains at elevated levels, with a slew of companies — including Walt Disney , PepsiCo and Spotify — all warning of margin pressures, casting a pall over earnings growth in the quarters ahead. Patrick Armstrong, chief investment officer at Plurimi Wealth, believes this is the “biggest risk” for … Read more

What Bob Iger’s return means for Disney and Chapek’s decisions

Robert Iger, Chairman and CEO at The Walt Disney Company speaks in Laguna Beach, California, October 22, 2019. Mike Blake | Reuters Bob Iger’s shocking return as Disney‘s chief executive officer immediately throws into question several major decisions made by outgoing CEO Bob Chapek. Disney shares have fallen more than 40% this year, including slumping … Read more

5 things to know before the stock market opens Monday, November 14

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022.  Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. A little fall sunshine Stocks are coming off a strong week, thanks in … Read more

Wakanda Forever’ opening weekend box office

Marvel Studios’ “Black Panther: Wakanda Forever.” Disney Disney and Marvel Studios’ “Black Panther: Wakanda Forever” snared an estimated $180 million during its domestic debut, earning it the record for the biggest opener in the month of November and the second-highest opener of 2022. The long-awaited sequel to the 2018 smash hit “Black Panther” generated strong … Read more

Disney plans job cuts and hiring freeze, CEO Bob Chapek says in memo

Disney plans to institute a targeted hiring freeze as well as some job cuts, according to an internal memo sent to executives. “We are limiting headcount additions through a targeted hiring freeze,” CEO Bob Chapek said in a memo to division leads sent Friday and obtained by CNBC. “Hiring for the small subset of the … Read more

Disney overtook Netflix as the streaming leader, and is expected to widen the lead

Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of Disney+, Hulu and ESPN+ reached 221 million customers, edging Netflix’s 220 million subscribers. Analysts expect Disney to report more than … Read more

Apple raises prices on Apple TV+ and Apple Music

Tim Cook, chief executive officer of Apple Inc., smiles while speaking about Apple TV+ during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 10, 2019. David Paul Morris | Bloomberg | Getty Images Apple on Monday increased monthly and annual subscription prices in the U.S. for its streaming services … Read more

Focus on revenue, profit, not subscriber adds

Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest streamer said it will stop forecasting paid subscriber adds. The … Read more

Walt Disney World, Universal to close Florida parks

Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images As Hurricane Ian nears the west coast of Florida, the Walt Disney Company and Comcast’s Universal Studios are preparing to close their Orlando-based theme parks for at least two days. Disney announced Tuesday that Animal Kingdom, Hollywood Studios, Epcot and Magic … Read more