Professional short-sellers have changed their ways this year. They have limited their exposure to risk after taking heavy losses earlier in 2021 as traders using Reddit’s WallStreetBets channel and other social media bid up prices of stocks the pros had bet against. But there are still stocks with heavyRead More →
Tens of millionaires are demanding higher taxes – on themselves. More than 80 seven-figure men and women from the United States, the United Kingdom, Germany, New Zealand, Canada and the Netherlands, who call themselves “Millionaires for Humanity”, signed an open letter calling on their governments “to raise taxes onRead More →
When Disney DIS, +0.47% announced its plans to reopen its theme parks at Walt Disney World in Florida later this summer, officials warned travelers of changes to theme park operations. But now the company has gone further, cancelling dining reservations and other perks. And Disney fans say they’re reconsidering theirRead More →
Depending on when you’re planning a traveling to Disneyland or Walt Disney World, your trip may have just gotten more expensive. Disney DIS, -0.97% altered the pricing for single and multi-day tickets and annual passes at its two U.S. resorts this week. The change in prices comes as both DisneylandRead More →
Disney+ needed just a couple months to amass nearly half the number of subscribers that Netflix Inc. NFLX, -0.59% has domestically, but that disclosure didn’t help Walt Disney Co.’s stock Wednesday after the company’s latest earnings report. Shares of Disney DIS, -2.28% were off 1.8% in morning trading afterRead More →
Now everyone can be in the room where it happened. Disney DIS, +1.52% has scored the worldwide distribution rights to the film of the original staged production of “Hamilton” on Broadway, and the footage of the original cast performing the Tony-winning musical will be hitting theaters on Oct. 15, 2021.Read More →
Intel Corp.’s 2020 forecast will determine how its stock swings on Thursday, but what are the chances that outlook actually stays the same for more than a quarter? Intel INTC, +3.60% investors suffered a choppy ride last year, after the chip maker set its forecast at the start of 2019,Read More →
Disney really iced out the box office competition this year. Now that “Frozen 2” has earned $1.032 billion worldwide, the House of Mouse’s global box office total has cross the $10 billion mark, making it the first movie studio to ever do that in a single year. That breaks itsRead More →
Netflix Inc. is mobilizing ahead of the launch of two big new competitors in November with an armory of 59 new offerings next month, including the arrival of 43 original programs. The company said the line-up changes will include “a lot of Christmas titles” added throughout the month, for bothRead More →
The Marvel Cinematic Universe isn’t losing its friendly neighborhood Spider-Man, after all. Just when you thought that Sony SNE, -0.96% and Disney DIS, -1.17% wouldn’t be able to renegotiate a deal to keep the Sony-owned webslinger from appearing in Disney’s MCU films like “Avengers: Endgame,” the two companies revealedRead More →
The Mouse just roared. The Walt Disney Co. DIS, +2.58% on Tuesday fired a formidable first shot in what is likely to be a prolonged streaming war this year and next that parallels Marvel’s “Avengers: Endgame”: Beginning Nov. 12, when Disney’s ambitious streaming service debuts, U.S. consumers will be ableRead More →
So much for the “Happiest Place on Earth.” The heiress to the Disney fortune recently went to one of its theme parks undercover, and says the visit made her “livid.” Abigail Disney told the Yahoo News show “Through Her Eyes” that a worker sent her a Facebook FB, -0.47% messageRead More →
Disneyland guests now get to visit the world of Luke Skywalker, Princess Leia and Han Solo — but they’ll have to pay out-of-this world prices to get the full experience. The $1 billion attraction, called “Star Wars: Galaxy’s Edge,” opened to the public Friday. One of the largest expansion inRead More →
