Disney+ stands to gain from new ad tier, but Iger’s streaming strategy still a question mark

Disney+ stands to gain from new ad tier, but Iger’s streaming strategy still a question mark


Robyn Beck | Afp | Getty Images

Walt Disney‘s (DIS) newly launched ad-based subscription tier for Disney+ subscribers should bolster the streaming platform’s competitive edge, particularly given the positive response from investors and users to Netflix‘s (NFLX) ad-supported plan released last month.



Source

JPMorgan marks 1,000th branch opening since 2018 expansion plans
Business

JPMorgan marks 1,000th branch opening since 2018 expansion plans

A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total.  The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a […]

Read More
CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve
Business

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit.  Shares of the retail drugstore chain jumped more than 9% in premarket trading Thursday. The company now expects fiscal 2025 adjusted […]

Read More
Comcast earnings top analyst estimates despite broadband customer losses
Business

Comcast earnings top analyst estimates despite broadband customer losses

Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it pivoted its market strategy for the segmen Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks. Comcast stock was up about […]

Read More