We're upgrading our rating on Disney thanks to a misguided market reaction to earnings

We’re upgrading our rating on Disney thanks to a misguided market reaction to earnings

Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled…

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Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the 'Kevins'

Prediction markets see Hassett and Warsh as Fed chair frontrunners as Trump talks up the ‘Kevins’

Kevin Hassett, director of the National Economic Council (L), and Kevin Warsh, former governor of the US Federal Reserve Reuters President Donald Trump’s fresh comments on potential candidates to replace Jerome Powell as the next chair of the Federal Reserve sparked a wave of speculation on prediction markets. National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh,…

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