Liam Walker

More news - Recent news Disney reported earnings for its fiscal third quarter on Wednesday, beating Wall Street forecasts as its overall streaming business turned profitable sooner than expected. According to LSEG data, Disney's financial performance exceeded expectations: Adjusted earnings per share: $1.39 vs. $1.19 expected Revenue: $23.16 billion, above forecast of $23.07 billion The business segment saw a 19% increase in total operating income to $4.225 billion over the previous year, driven by its entertainment business, particularly its streaming services. For the first time, the conglomerate’s collective streaming entities — Disney+, Hulu, and ESPN+ — turned a profit overall,…

Related media - Latest news Disney is set to raise subscription fees for its streaming platforms, including Disney+, Hulu and ESPN+, starting in mid-October. The company announced Tuesday that most plans for these services will see a $1-2 per month price increase. The biggest increase will be Hulu’s live TV packages, which will increase by $6 per month. For Disney+, the basic plan will now cost $9.99 per month, while the premium plan will be priced at $15.99. Hulu’s ad-supported plan will cost $9.99 per month, and the ad-free version will cost $18.99. ESPN+, which includes ads, will be priced…

More news - Breaking news July marked an unprecedented milestone for exchange-traded funds (ETFs), with inflows hitting a record $127 billion, according to State Street Global Advisors. That not only made it the best July on record, but also the second-largest monthly inflow on record. Matt Bartolini, head of SPDR Americas research, discussed the factors behind the rally on CNBC’s “ETF Edge” on Thursday. “Part of this is just the market,” Bartolini explained. “Investors are putting money that’s been sitting on the sidelines for years. We’re seeing a concerted effort to continue buying into this rally, along with a broadening…