|Day's range||52.50 - 52.75|
Apple should buy Disney as it looks to capture greater adoption of its Vision Pro headset, one media analyst says.
Apple unveiled its new Vision Pro mixed reality headset at the company's WWDC event. It's $3,499 price tag however may turn off a lot of buyers. Laura Martin, Senior Media and Internet Analyst at Needham & Co., however, has an idea. Martin suggests that Apple (AAPL) should buy Disney (DIS) to help build adoption of the new headset. Martin argues that Apple needs "a compelling content storytelling use case" for the Vision Pro to gain traction. She believes that with Disney's content, more people may be willing to purchase the headset. But what about the Disney parks? Martin says Apple likely won't want the parks, but that those could be spun off or sold, given they are "really a good business, standalone." Martin also covers Warner Bros Discovery (WBD). When asked about the ousting of CNN CEO Chris Licht, Martin says investors are betting more on WBD leadership than who is leading CNN. She also makes the case for WBD keeping CNN in its portfolio. "The only way to win the streaming wars is you must have entertainment content, and you must have news, and you must have live sports," Martin says, because when news breaks, it drives viewers to your app. When it comes to the ongoing writers strike and a potential strike from SAG-AFTRA, Martin tells Yahoo Finance Live's Diane King Hall and Alexandra Canal that Wall Street investors will ultimately be the winners because "all of these companies are not going to be able to spend money on content and that won't be a competitive disadvantage." Key video moments 00:00:21 Why Apple should buy Disney 00:01:19 What to do with Disney Parks 00:02:45 Reaction to CNN CEO stepping down 00:04:42 Who will win from the writers strike
Analyzing these market movers can tell us which trends are impacting capital markets right now. Nvidia (NASDAQ: NVDA) share prices surged 36% last month, pushing its market cap briefly above $1 trillion (it currently sits at $951 billion). The semiconductor giant reported quarterly earnings that excited investors about the company's near-term growth opportunities.
Shares of Roku (NASDAQ: ROKU) were surging today even as there was no major news out on the leading streaming distribution platform. Instead, investors seemed to be reacting to a number of smaller news items, including that Amazon was planning to launch an ad-based tier for Prime Video. As of 1:52 p.m. ET, Roku stock was up 11.6% as of 1:53 p.m. ET.
When Ron DeSantis, Florida’s pugnacious governor and would-be Republican president, took against the mighty Walt Disney Company, it was seen as a high-profile test of America’s culture wars. DeSantis, who is on the conservative wing of his party, is eager to wage war on “woke”, as the Florida state legislature did last year by passing a contentious “Don’t Say Gay” law, which bars discussion of sexual orientation or gender identity at public schools. After criticism from the LGBT+ community as well as many of its own employees, Disney condemned the legislation and said it would reassess its political donations in Florida.
These Dow Jones laggards logged double-digit declines in May. Are their fortunes turning, or is more misery on the way?
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there's one historically cheap industry leader begging to be bought and another outperformer that's priced for perfection.
The animation rebound is here as competitors take aim at Disney.
Growth stocks aren't boosting investors' returns at the rate they were a few years ago, but it's not all doom and gloom. Fiverr International (NYSE: FVRR) got increased attention from investors in the pandemic era when millions of people were forced to stay at home for extended periods which resulted in a notable boom in remote work and gig work. Fiverr finished out the first quarter of this year with 4.3 million active buyers of freelance services on its platform, and spending per buyer hitting $262 (spending, in this case, is the 5.5% service fee Fiverr collects on top of the fees that go to the seller for services rendered).
Disney (DIS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
After a brutal 2022, the stock market is roaring in 2023, with the Nasdaq Composite up 26% and the S&P 500 up 11% year to date (YTD) at the time of this writing. Yet dig deeper and you'll find some peculiar price action in many well-known names.
Apple enters the virtual 3D world industry, and (sort of) brings some competition to Meta's Quest headsets.
Apple's most important hardware reveal in years might not be the iPhone moment investors expected.
Apple unveiled its long-awaited “mixed reality” headset on Monday, in its most anticipated hardware product launch since Steve Jobs revealed the iPad in 2010. It combines virtual reality with augmented reality, which overlays digital images on top of the real world. Apple said it would sell for $3,499, even more than most analysts had expected and nearly 12 times the price of Meta’s Quest 2, the biggest-selling VR headset.
Apple on Monday announced its Vision Pro headset, which it says "seamlessly blends digital content with the physical world." What could this mean for the future of Web3?
The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.
In some ways, the unpredictability of the experience, the complete surrender to the artist is the point of art — whether it is the worlds imagined by James Cameron in Avatar or simple strokes of a Picasso. Technology in itself independent of the artist does not really have intent. It’s a distinction at the crux of Chapter 3 — “Why Hollywood writers misunderstand the role of AI in content creation” — and it’s timely stuff.
After an unbelievable surge in 2020 and 2021, Walt Disney (NYSE: DIS) stock has round-tripped and is back down near eight-year lows. Despite a slew of challenges ahead, here's why the sell-off in Disney stock looks like a buying opportunity. Disney's main issue over the past three to four years has been that something is always going wrong.
Shares of Global-E Online (NASDAQ: GLBE) Stock gained 29% in May, according to data from S&P Global Market Intelligence. Global-E is a young growth company with a niche platform. It services business and enterprise clients with cross-border e-commerce solutions, such as localized checkouts and customs calculations.
(Reuters) -Walt Disney's Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade. The cuts included "Lightyear" director Angus MacLane, a 26-year animator who was part of the senior creative team on such acclaimed films as “Toy Story 4” and “Coco.” Galyn Susman, producer of "Lightyear," also departed.
In this podcast, Motley Fool senior analysts Matt Argersinger and Jason Moser discuss: Nvidia's AI-fueled earnings report and the company's historic pop. Intuit's latest results and how proposed IRS free-file software could affect the company.
On the other hand, every double-digit percentage decline in the major indexes, including the Nasdaq Composite, has proven to be a buying opportunity for patient investors. Despite never knowing when corrections or bear markets will start, how long they'll last, or how steep the decline will be, history does conclusively show that index-based losses associated with every decline are eventually cleared away by a bull market. For investors with a long-term mindset, this represents an opportunity to pounce on innovative growth stocks trading at a discount.
It's said that imitation is the sincerest form of flattery, and that mantra holds true in business, as well. Currently, Nike and Disney are inspiring two companies with small stock prices and big plans. Levi Strauss & Co. (NYSE: LEVI) is following the former's direct-to-consumer (DTC) playbook, while Nintendo (OTC: NTDOY) is trying to replicate the latter's monetization of kid-friendly intellectual property.
Disney stock is trading for an all-time low valuation, but that won't last forever as the business continues to improve.
Disney sued DeSantis in late April, asking a court to overturn state efforts to control the Disney World theme park, intensifying a battle between the global entertainment giant and the governor, who is now seeking the Republican presidential nomination. U.S. District Judge Mark Walker wrote that the relative's financial interest, 30 shares of Disney stock, could be affected by the outcome of the proceeding.