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A key part of Disney's streaming business turned a first-ever profit. But Disney also expects weaker results in that segment going forward.

Disney stock tumbles amid streaming consternation

A key part of Disney's streaming business turned a first-ever profit. But Disney also expects weaker results in that segment going forward.
Yahoo Finance 4 hours ago
DIS
-9.79%
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With the Federal Reserve's latest decision to keep interest rates steady, uncertainty and inflation are themes that continue to ring throughout Wall Street and the world. These were just some of themes Warren Buffett spoke about at the Annual Berkshire Hathaway meeting (BRK-A, BRK-B) in Omaha this past weekend, where thousands of investors listened in for a reading on the state of the market.  Yahoo Finance Anchor Jared Blikre is joined by RSM Chief Economist Joe Brusuelas for the latest edition of Stocks In Translation giving insight into the annual meeting, take a deep dive into EVs, the health of the Chinese market, and more.  For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino
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Snapshots

Disney looks to continue its 2024 comeback

Disney looks to continue its 2024 comeback

Disney's stock has been on a tear this year. Its earnings report had mixed news for investors to digest.

See the details from the earnings report

A key part of Disney's streaming business was profitable for the first time. But its total direct-to-consumer business painted a less rosy picture.
DIS
-9.79%

Disney defeated activist investor Nelson Peltz in proxy fight

The end of the battle concluded months of uncertainty over who would sit on the entertainment giant's board.
DIS
-9.79%
^GSPC
+0.12%

CEO Bob Iger's turnaround plan is in motion

Last year, Disney laid off thousands of workers and restructured its business to slash billions in costs after Iger returned as CEO.
DIS
-9.79%

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