Square Inc surged 7.10% after the payments processor reported a 64% rise in second-quarter revenue, as consumers increased online buying and used its peer-to-peer Cash App platform during the pandemic.
With 384 companies in the S&P having reported earnings through Wednesday morning, results are coming in 23.5% above expectations, in aggregate, according to Refinitiv data, the highest on record back to 1994. Earlier, the ADP National Employment Report, which can be an inconsistent precursor to the government payrolls report set for Friday, showed U.S. private employers hired far fewer workers than expected last month.
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Disney stock jumps after Disney Plus hits 60 million subscribers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They only got those rating because lifes a television set with a sofa and refrigerator and a microwave and TV dinners and a bunch of other crap I'm sure has nothing to do with being Human! Disney also has some pretty good fundamentals! Make sure you check these 7 things before you buy any $DIS
Source: BusinessInsider - 🏆 729. / 51 Read more »
Disney edges by with profitable quarter, boasts more than 100 million streaming subscribersDisney reported a profitable Q3 on Tuesday even as it continues to feel the impact of the coronavirus pandemic on sectors like its parks business. Hamilton Am I the only one bothered by a $DIS pop on incredibly low expectations. He’ll everyone’s beating these days because the targets are so low it’s impossible to miss...yet stocks only go up! Buliish play with market
Source: CNBC - 🏆 12. / 72 Read more »
Disney loses nearly $5 billion in three months as pandemic wreaks havoc on businessWalt Disney Co. shares toppled 2% in after-hours trading Tuesday after the media empire reported a quarterly loss of nearly $5 billion during a pandemic that... That cat must have gotten into the flubber before it died. Bullish! When you say pandemic you mean the government right?
Source: MarketWatch - 🏆 3. / 97 Read more »