Profitable for the first time. Overall, disney saw an increase in the amount of cash it brought in to almost 23. 2 billion in the three months to the End Ofjune that amounts to a profit of 3. 1 Billion despite struggles in other parts of The Business including Theme Parks and Cruise Ships. Lets speak to the digital editor of Screen International Magazine orlando parfitt. Orlando how critical is this move into profit for its three streaming services disney Espn And Hulu for the companies ambitions and competitiveness . Hello, it is extremely important for disney. It is the first time it has come into profit, one quarter earlier than expected. It is part of the long Term Strategy for the company. It is important to note that while the overall division is in profit, Disney And Hulu are still at a loss. Iii in profit, Disney And Hulu are still at a loss. Still at a loss. If it is that important. Still at a loss. If it is that important, how still at a loss. If it is that important, how is
Before key Senate Runoffs in the states. The u. S. Looking to rampup the rollout of the Covid Vaccines, while the uk is giving out the astrazeneca vaccine for the first time today. And tesla shares they are soaring right now and delivering a recordbreaking number of cars turn the key on. Trading on 2021. It is monday, january 4th, and this is Worldwide Exchange right here on cnbc. Im back back in the new york new im back, back in the new york, ooh certainly back in the mood to see you this morning. Good afternoon or good evening and welcome from wherever in the world you may be watching. I am brian sullivan. Good to be back with you and by the way, happy new year. How it looks on the first trading day of 2021. Kind of looks like 2020, from a stock perspective, thats a good way. Well into the green, futures dow up 179 points now. Nasdaq up higher on a percentage basis. New year, but same momentum. Of course, all the major indexes up over the last month of course, one question is whether
Deaths near 700,000. Virgin australia rescuers are set to outline the Airlines Financial plan. We are seeing u. S. Futures opening flat. U. S. Stocks finished higher in the new york session. They fluctuate between gains and losses. Thestors are assessing prospect of another stimulus measure. Says they try to come up with a timeline on the deal. We expect to hear from President Trump at a press conference anytime now. The s p 500 was way down by financials but Energy Companies led the advance. Oil is losing at the moment. Heading toward 41 per barrel. This after we saw the biggest gain in two weeks. Lets look at the asian markets. Asian stocks are looking at a modest drop potentially ahead of the session. Toyota and honda are reporting today. The yen is holding below 106. China officials are reportedly set to meet around august 15. Barda futures heading higher. When it comes to commodity currency, we saw a lift up there given the rise in oil and metals. Cracked 2000 for the first time e
On jobs numbers. More than 2 million jobs in the month of april. We will bring you the numbers as soon as they hit. Key of getting america back to work, search for treatment. Paul hudson will join me live at 7 10 a. M. Eastern to find out how they can be used as treatment and at home tests coming up. 7 30 this morning, and disney 1. 4 billion hit from the coronavirus. Entertainment giant saying the pandemic would impart part of its business for the foreseeable future. Take a look. Futures indicating at the start of trading this morning, better than 200 . S p is up 25, nasdaq up 78 after u. S. Markets posted second straight day of gains yesterday. The dow, nasdaq, s p 500 up 28 from lows on march 23rd, mornings with maria is live right now. Maria Global Market this is morning have a firmer tone. Take a look at european indices searching for some direction but strength in the ftse 100 in london, cac quarante in paris is down a fraction but the dax index is higher by 30 points. European u
Fourth quarter bottomline estimates. We will break down the results ahead of disneys highly anticipated streaming platform debut. But first, to our top stories. Facebook continues to struggle to regain trust over how it handles user data. But that has become more complicated. There has now been a leak of internal documents suggesting business considerations outweighed those privacy concerns. It is something that facebook publicly touted when it decided five years ago to cut off tens of thousands of developers from its platform. To discuss, im joined by Bloomberg Technologys sarah frier, as well as ben brody in washington. Sarah, let me start with you. You covered this story. What do we know from these leaked documents so far . Reporter the documents give us this interesting internal picture in a way we really havent seen before of how these decisions are made and the difference between how they are discussed internally and how the company explains them externally. Internally, they are