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Investors are watching Disney (NYSE:DIS) ahead of fiscal Q2 2026 results due before the bell tomorrow, May 6. Shares are barely holding $100 at $100.69, down 10.95% YTD. This is new CEO Josh D’Amaro’s first real test. D’Amaro Inherits a Crowded To-Do List Last quarter, Disney beat with adjusted EPS of $1.63 on revenue of ... Can Disney Keep Treading Above $100 After Earnings Tomorrow?
Disney is set to report earnings Wednesday for the first time under new CEO Josh D'Amaro, with traders expecting a big move in the entertainment giant's stock after the results.
Cue the violins, because after Jerome Powell’s swan song Fed rate meeting, it’s his final two weeks in the hot seat. Powell’s term as Chairman of the Federal Reserve ends on May 15, with Kevin Warsh’s Senate vote to confirm him as successor taking place as early as May 11. While Powell is set to bow out in charge of the Fed, he has said he would stay on as a governor.
(Bloomberg) -- After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says
ON Semiconductor, Pfizer, Uber, McDonald’s, and many more will report earnings this week. Economic releases will include the April jobs report and purchasing managers index.
“The Devil Wears Prada 2” opened to an estimated $233.6 million worldwide this weekend, driven largely by women eager to rejoin Meryl Streep and Anne Hathaway in the world of fashion journalism 20 years after the original movie. The film from Disney’s 20th Century Studios is the latest in a string of box office hits powered by pop-culture nostalgia among millennial and Gen X audiences, after the Michael Jackson biopic “Michael” and “The Super Mario Galaxy Movie” did huge business. “Nostalgia is a critical driver for people right now in how they consume entertainment,” said Martha Morrison, head of marketing for Disney Entertainment Studios.
Markets enter a big week following last week's Federal Reserve meeting and mega-cap technology earnings convergence, with focus now shifting to Friday's April jobs report at 8:30am that will provide insights into labor market health amid geopolitical uncertainties and energy-driven economic pressures.
April jobs numbers come after hiring rose more than expected in March.
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week, including earnings results out from companies like Advanced Micro Devices (AMD), Paramount Skydance (PSKY), Disney (DIS), Novo Nordisk (NVO), Pfizer (PFE), Warner Bros. Discovery (WBD), McDonald's (MCD), and Coinbase (COIN); a wave of fresh commentary from top Federal Reserve officials; and April's jobs reports due out next Friday. May 8.
Netflix’s ‘Lord of the Flies,’ Apple’s ‘Star City’ and the return of Hulu’s ‘Deli Boys’ are among the highlights of the coming month
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