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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Obsessing over secrets in Chinese elite politics

Obsessing over secrets in Chinese elite politics

For the foreseeable future, rumours regarding Chinese elite politics are not going anywhere. But the stakes are very high, and getting China and its leadership right is critically important. For Beijing, explaining governance mechanisms and promoting public accountability are essential for facilitating its global communications. For Washington, DC and foreign countries, the knowledge of China…

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The Paramount-Skydance merger reveals that Larry Ellison is actually in charge of America.

The Paramount-Skydance merger reveals that Larry Ellison is actually in charge of America.

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. This week has demonstrated that the tech “broligarch” who’s most influenced President Donald Trump’s second administration isn’t Elon Musk, Peter Thiel, or Marc Andreessen—it’s Oracle co-founder Larry Ellison, the 80-year-old software tycoon who recently…

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