ABC and Disney Sue FCC, Alleging “Retaliatory Campaign” Tied to Jimmy Kimmel ABC and its parent company, The Walt Disney Company, sued the Federal Communications Commission on Tuesday, August 18, alleging the agency’s decision to force early review of ABC’s broadcast licenses is unconstitutional retaliation for the network’s news coverage and its handling of late-night … Read more
Disney Crushes Profit Estimates in Q3, Raises Buyback Target to $9 Billion Despite Revenue Miss The Walt Disney Company reported fiscal third-quarter results Wednesday, August 5, that significantly beat Wall Street’s earnings expectations, driven by strength across its theme parks, streaming, and film businesses — a stronger showing than the mixed, uncertain picture analysts had … Read more
Disney Reports Q3 Earnings Today — Here’s What Wall Street Is Watching Under New CEO Josh D’Amaro The Walt Disney Company is releasing fiscal third-quarter 2026 results before the opening bell on Wednesday, August 5, in what amounts to a significant early test for new CEO Josh D’Amaro, as the entertainment giant tries to reverse … Read more
Oil Tumbles as Wall Street Reacts to Trump’s Iran De-Escalation, With Jobs Report and Big Earnings Still Ahead This Week Oil prices dropped sharply to start the week after President Trump announced he had called off a planned military strike on Iran in favor of pursuing a diplomatic deal, giving markets a jolt of relief … Read more