[unable to retrieve full-text content]Stocks Rise as Bullish Nvidia Call Boosts AI Trade: Markets Wrap – · – Bloomberg Yahoo Finance Source link
Read More »Disney beats on earnings, boosts dividend as streaming losses narrow
Disney (DIS) said it will boost its cash dividend by 50% on Wednesday as the entertainment giant reported fiscal first quarter earnings that beat expectations while streaming losses narrowed. Disney reported adjusted earnings of $1.22 a share — a significant beat compared with the $0.99 analysts polled by Bloomberg had expected. The company also guided to full-year fiscal 2024 earnings of $4.60 a share, an increase of at least 20% versus 2023. Revenue came in at $23.5 billion, a slight miss… Source link
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