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Retail Investors Are Loading Up On Chinese ADR s Like Alibaba Group Holding Ltd – ADR (NYSE: BABA) Despite The Risks

Retail Investors Are Loading Up On Chinese ADR s Like Alibaba Group Holding Ltd – ADR (NYSE: BABA) Despite The Risks
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Disney Falls After Second-Quarter Streaming Signups Fall Short

(Bloomberg) Walt Disney Co. shares fell as much as 5.3% in extended trading after the entertainment giant reported new subscriptions to its streaming service that fell short of Wall Street forecasts. The company said Thursday it closed the quarter with 103.

Disney slides after streaming subscriptions come up short

Robert McWhirter s Top Picks: May 13, 2021 Paul Harris Top Picks: May 12, 2021 Fed s Clarida plays down significance of rising inflation Stocks slide for second day; treasury yields rise The options market may be fueling the turbulence in tech shares Bruce Campbell s Top Picks: May 11, 2021 Upstart crypto exchange FTX surges toward top of trading ranks Rout lands on Nasdaq where shorts are massing, bulls getting out Tech sends stocks down with inflation angst rising Billionaire Alan Howard to return cash from secretive hedge fund Ryan Bushell s Top Picks: May 10, 2021 Larry Berman: History of commodity cycles suggests prices don t go up forever Bezos sells US$2.4B of Amazon shares in second wave this week

Disney Falls Most in 11 Months After Streaming Growth Falters

Disney Falls Most in 11 Months After Streaming Growth Falters Bloomberg 2 hrs ago Christopher Palmeri and Emily Chang (Bloomberg) Walt Disney Co. tumbled the most in almost 11 months Friday after saying it attracted fewer streaming customers than expected last quarter, stoking fears that a key engine of the century-old company’s transformation may be losing some momentum. Popular Searches The entertainment giant on Thursday reported 103.6 million Disney+ customers at the end of last quarter, shy of the 110.3 million projected in the Bloomberg Consensus. The shares fell as much as 5.4% in New York trading Friday, the biggest decline since June 24. The results marked a rare stumble for Disney+, which has enjoyed explosive growth over the past year and a half, elating investors along the way. After its launch in November 2019, the service quickly became a formidable rival to Netflix Inc. and provided a contrast to pandemic-fueled declines in other Disney bu

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