Money

Disney shares drop as subscribers flock

Published

12 months ago

May 11, 2023

ticker NEWS

Disney shares have dropped off the back of the entertainment giant’s quarterly earnings report

Walt Disney shares have dropped despite the entertainment giant reducing its streaming losses by $400 million.

Shares of Disney fell 4.4 per cent in after-hours trading.

A price increase and reduced marketing expenses helped improve the performance of Disney’s streaming unit.

The division ended the quarter with a loss of $659 million, compared with $1.1 billion in the prior quarter.

At the same time, total subscribers on the Disney+ service dropped by 4 million.

Most of these came from the Disney+ offering in India after it lost streaming rights to Indian Premier League cricket matches.

Disney also shed 300,000 customers in the United States and Canada, after raising prices last December.

Money

Will Australia’s foreign investment rule create an economic boost?

Published

22 hours ago

May 7, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

2 days ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

2 days ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured