Wildfires are raging in Western Canada right now. This is a huge reminder that weather has become much more unpredictable due to climate change. El Niño got going around June. Experts say we tend to witness the warming a year later. Cue the wildfires.“Basing it on the El Niño at the beginning of the year, and then seeing how things are working out this year, it suggests that 2024 is going to be almost the same as 2023,” the CBC reported comments from Gavin Schmidt, director of NASA’s Goddard Institute for S ...

In July of 2023, recently returned Disney CEO Bob Iger shocked the media industry by indicating he might be open to divesting the company’s declining  linear assets. By last fall, he’d changed his mind, declaring them not for sale. On interviews and earnings calls since, he’s explained why — most recently at the MoffettNathanson media conference, and in the midst of annual upfront presentations to advertisers. “When I came back, I did declare that everything was on the table. Meaning I wanted to look at ou ...

Well, they bought all these brands like Marvel, and they rolled them into Disney. At first, it worked great because the first movie worked, the second. But at some point, the eighth or ninth movie, you started to see a trailing off in interest.And the yield from those buyouts like Marvel paid for themselves probably quite early on. The problem is that they’re not yielding that kind of return now.Well, and you have to be the huge Marvel fan to go see Wolverine faces, you know, King Kong or whatever they’re d ...

CEO Bob Iger on Wednesday identified investing in technology as a measure that will help the Walt Disney Company make streaming a money-maker.  "Now what we really need to do is invest in technology to serve the user because it’s very, very clear that in order for us to turn streaming into a profitable business, it has to have a user first mentality," he said at the MoffettNathanson Media and Communications Summit.Disney’s combined streaming business of Disney+, Hulu and ESPN+ came close to making money in ...

Walt Disney will cut its investment in programming for traditional television networks “pretty dramatically” as the company navigates the consumer shift to streaming, Chief Executive Bob Iger said Wednesday.Iger said linear channels such as ABC still serve as an important marketing tool and reach older viewers who are not watching series such as “Abbott Elementary” on Disney’s streaming platforms.Still, the goal is to “reduce pretty dramatically our investment in content specifically aimed at those traditio ...

Key TakeawaysDisney shares fell Tuesday after CEO Bob Iger said the company "invested too much" in its streaming business and is making changes to tackle profitability challenges.Some of those measures include driving engagement through new technology features, streaming bundles, an upcoming password-sharing crackdown, and reducing marketing spending.Iger said that Disney's streaming segment has a ways to go before becoming a significant profit source for the company.The company has struggled to find its fo ...

Key PointsWarner Bros. Discovery missed Q1 2024 EPS estimates by 20 cents as revenues dropped 6.9% YoY.The company grew its subscribers to 99.6 million, up two million QoQ, and global average revenue per user (ARPU) rose 4% QoQ to $7.83.Warner Bros. Discovery announced a partnership with Disney to offer a new bundled streaming package that will include Disney+, Hulu, and MAX and launch in summer 2024.5 stocks we like better than Warner Bros. DiscoveryMedia and entertainment giant Warner Bros. Discovery Inc. ...

Investors who buy and hold reliable companies can be rewarded immensely for staying strong during volatility. Even the best stocks endure corrections and points when many doubt long-term prospects.However, some stocks have attracted rightful skepticism and look like they can hurt long-term investors. Stocks don’t always recover and reclaim their all-time highs. These corporations look concerning and don’t warrant investments at this time.Nike (NKE)Source: mimohe / Shutterstock.comNike (NYSE:NKE) is losing g ...

Disney Stock Is Tanking Bastiaan Slabbers / iStock Unreleased via Getty Images The Walt Disney Company (NYSE: DIS) faced challenges with its recent earnings report, causing its stock to drop significantly. Despite Disney Plus showing improved financials, the decline was attributed to concerns about theme park attendance tapering off post-COVID and rising ticket prices. Additionally, the company’s movie lineup received criticism for lacking originality and failing to resonate with audiences.Transcript:The ...

We also check out the 60/40 portfolio, and if it still holds up in 2024.In this podcast:Motley Fool analyst Jason Moser and host Ricky Mulvey break down earnings from Disney and Axon Enterprise.Motley Fool personal finance expert Robert Brokamp and host Alison Southwick look at the 60/40 portfolio, and if it still holds up in 2024.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A fu ...