Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,369.44
    +201.37 (+0.50%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    69,905.80
    -475.55 (-0.68%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,535.21
    +4.61 (+0.30%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

Why Walt Disney, Netflix, and Warner Bros. Discovery Are No-Brainer Buys Right Now

Why Walt Disney, Netflix, and Warner Bros. Discovery Are No-Brainer Buys Right Now

Indeed, 2023 has continued to pile pressure on companies such as Walt Disney (NYSE: DIS), Netflix (NASDAQ: NFLX), and Warner Bros. Discovery (NASDAQ: WBD) as their valuations have continued to underwhelm. While Disney+ is one of the most popular streaming services in the world, the platform has never made money for Walt Disney. Indeed, in the fourth quarter of fiscal 2022, Walt Disney's direct-to-consumer (DTC) streaming unit lost approximately $1.5 billion -- more than twice as much as the same period a year before.