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Disney stock dropped over 10% despite reporting improved fiscal second-quarter earnings and guidance, as well as progress toward streaming profitability. Analysts debated the streaming profits and noted challenges like moderating theme park demand and linear network losses. Disney narrowed its streaming loss to $18 million and hit a $47 million profit when excluding ESPN+. It expects streaming profits in the fourth quarter. Mixed results and warnings of slowing park attendance concerned some analysts.
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Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of Berkshire stock — and what if it tanked? At the time, the price was about $1,000 a share. Today, it’s $507,000 a share. I hope the in-laws hung on.
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Warren Buffett announced that Berkshire Hathaway's future CEO, Greg Abel, will oversee the company's investments, despite Abel's lack of stock-picking experience. Analysts question if Abel has the experience needed for stock picking given its challenges, though he understands the business well. Buffett previously said investment managers Weschler and Combs would handle investments, but now says Abel would \
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CNBC’s Jim Cramer has expressed his support for the initial public offering of Viking, VIK, despite its high valuation. Cramer, on his show “Mad Money” on Thursday, discussed the IPO of Viking, a luxury cruise line, which is the largest IPO of the year so far. He noted that Viking’s stock is more expensive than its peers but still believes it’s a good investment.
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Coinbase reported revenue of more than $1.6 billion for the first quarter, beating analyst estimates. Net income was over $1.1 billion, compared to a loss in the prior year. Transaction revenue nearly tripled year-over-year to over $1 billion, driven by a surge in cryptocurrency trading amid the bitcoin rally. New Bitcoin highs and Ethereum's network upgrade drove increased demand for Coinbase's trading platform. Institutional investment in crypto also grew. Four Coinbase executives collectively sold over $380 million in company stock during the quarter, more than double the prior quarter's sales.
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D.A. Davidson analyst Gil Luria predicts a significant 28% drop in Nvidia's stock price from $864 to a target of $620 over the next year. Luria predicts major tech companies like Google, Amazon, Meta, and Microsoft will reach GPU capacity needs, reducing demand growth for Nvidia's chips. Some big customers are also turning to Nvidia's rival AMD for AI chips that are claimed to be better than Nvidia's for certain uses. While most analysts are bullish on Nvidia, others share concerns about high expectations not being sustainable and risks from tensions with China.
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Welcome to Fan Reviews News. The Trump Media anti-short selling campaign may have inadvertently played into the hands of short sellers. After these investors covered their shorts by buying shares in the 20s, they have been patiently waiting for false claims of victory. It seems that time has come, with the short sellers making their move once again. But did the actions of Trump Media drive them off? Not exactly. They were aware of what was coming and took their gains by covering their shorts. However, they have not disappeared completely. Short sellers will likely return because the Trump Media stock remains overpriced. Given these factors, it is evident that Trump Media Stock is at a high risk of experiencing a new plunge. Investors and market participants should closely monitor the developments and consider the potential consequences for their portfolios. Stay informed on everything happening in the financial world, on Fan Reviews News.
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#Marico and #GPCL are in focus today. What do analysts think about the stocks?<br/><br/><br/>Get all your stock-related queries answered by our technical and fundamental guests with Alex Mathew and Smriti Chaudhary on Ask Profit. #NDTVProfitLive
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PNB SHARE LATEST NEWS TODAY | PNB BANK SHARE PRICE ANALYSIS |PNB STOCK TARGET TOMORROW
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Former Starbucks CEO Howard Schultz weighed in on the company's recent earnings miss and guidance cut, saying that Starbucks needs to focus on fixing the U.S. store experience for customers through the eyes of a merchant, not just data. He noted mobile ordering, payment experiences, and new drink development need improvement. Schultz wants Starbucks to focus on premium drinks that set it apart from competitors. Starbucks cut its full-year forecast and saw a 17% drop in stock value after a decline in same-store sales.
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Animation is created by Bright Side.<br/>----------------------------------------------------------------------------------------<br/>Music from TheSoul Sound: https://thesoul-sound.com/<br/> <br/>Check our Bright Side podcast on Spotify and leave a positive review! https://open.spotify.com/show/0hUkPxD34jRLrMrJux4VxV<br/> <br/>Subscribe to Bright Side: https://goo.gl/rQTJZz<br/>----------------------------------------------------------------------------------------<br/>Our Social Media:<br/>Facebook: https://www.facebook.com/brightside<br/>Instagram: https://www.instagram.com/brightside.official<br/>TikTok: https://www.tiktok.com/@brightside.official?lang=en<br/> <br/>Stock materials (photos, footages and other):<br/>https://www.depositphotos.com<br/>https://www.shutterstock.com<br/>https://www.eastnews.ru<br/>----------------------------------------------------------------------------------------<br/> For more videos and articles visit:<br/>http://www.brightside.me<br/> ----------------------------------------------------------------------------------------<br/>This video is made for entertainment purposes. We do not make any warranties about the completeness, safety and reliability. Any action you take upon the information in this video is strictly at your own risk, and we will not be liable for any damages or losses. It is the viewer's responsibility to use judgement, care and precaution if you plan to replicate.
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#BajajFinance jumped over 7% as RBI lifted restrictions on eCOM and online digital Insta EMI Card products.<br/><br/>Get all your stock-related queries answered by our technical and fundamental guests with Alex Mathew on Ask Profit. #NDTVProfitLive<br/><br/>
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