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DIS Oct 2024 120.000 put
| Previous close | 15.99 |
| Open | 15.25 |
| Bid | 14.90 |
| Ask | 15.40 |
| Strike | 120.00 |
| Expiry date | 2024-10-18 |
| Day's range | 15.25 - 15.25 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.01k |
- Yahoo Finance Video
Warner Bros. Discovery 'hopeful' for NBA deal
Warner Bros. Discovery (WBD) is reportedly at risk of losing NBA media rights to competitor NBCUniversal. Yahoo Finance's Alexandra Canal reports more on the story and what it could mean for Warner Bros. Discovery's future. In the company's earnings call, CEO David Zaslav said, "We've enjoyed a strong partnership with the NBA for almost four decades. We're in continuing conversations with them now, and we're hopeful that we'll be able to reach an agreement that makes sense for both sides." NBCUniversal is reportedly willing to offer more than double what Warner Bros. Discovery currently pays for the rights. Zaslav added that the company is able to match third-party offers before the NBA enters into any agreements and is prepared for the potential outcomes that could result in the process. Warner Bros. Discovery is currently facing a decline in its linear networks, with advertising revenue falling 11% year-over-year in the quarter. The company could face detrimental outcomes if NBC outbids it for NBA rights. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Yahoo Finance Video
Warner Bros. Discovery-Disney bundle, Arm and Robinhood earnings: Morning Brief
Arm Holdings (ARM) stock slides further after the chip designer's fiscal full-year guidance for 2025 disappointed investors, begging the question of whether Big Tech's demand for AI semiconductors is starting to lessen. After missing earnings expectations, Warner Bros. Discovery (WBD) and Disney (DIS) announced a partnership to bundle several of its streaming platforms. Other trending stocks that Yahoo Finance is focusing on include Airbnb (ABNB), Robinhood Markets (HOOD), and the dating app Bumble (BMBL). Moody’s Analytics Chief Economist Mark Zandi joins Yahoo Finance's Morning Brief to share his thoughts on why the Federal Reserve should raise its inflation rate target and give itself the green light to start cutting interest rates. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Warner Bros. Discovery, Disney announce new streaming bundle
Shares of Warner Bros. Discovery (WBD) are trading lower after the company reported first quarter earnings and revenue that missed Wall Street expectations. Yahoo Finance's Alexandra Canal joins Morning Brief to break down the company's earnings and its latest move in streaming game. The entertainment giant announced during its earnings call that it will roll out a new streaming bundle this summer with Disney (DIS), which will include Max, Disney+, and Hulu. The move is the company's latest effort to drive incremental subscriber growth and increase retention as streaming bundles have gained more traction in the last year. The price of the joint streaming bundle has yet to be announced, however, the company said it will be based on the current price of Max, which is among the more expensive services on the market. The announcement came as Warner Bros. Discovery saw streaming momentum in its fourth quarter, with Max topping Street estimates by adding 2 million subscribers. As its linear networks continue to struggle, the company is looking for more opportunities in the streaming space to drive up overall revenue. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
