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New Disney CEO Delivers Earnings Beat As "Important Change" Underway
New Disney CEO Delivers Earnings Beat As "Important Change" Underway
Disney reported better-than-expected second-quarter results, driven by momentum across entertainment, sports, and experiences, while reaffirming its positive outlook for the year.
"At an important moment of change for Disney, we remain focused on executing our long-term growth strategy," Disney wrote at the beginning of the earnings release.
The entertainment company continued, "Our creative and operational momentum drove strong quarterly results, and we continue to expect growth to accelerate in the second half of the fiscal year."
"We are strengthening streaming through continued investment...
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Jun 29, 2026 / Tyler Durden
Str-Eye-ke For A Str-Eye-ke
Str-Eye-ke For A Str-Eye-ke
By Bas van Geffen, senior macro strategist at Rabobank
This weekend’s events cast fresh doubts over the value of the US-Iran memorandum of understanding.
On Friday, President Trump condemned the drone attack on a container ship that was transiting the Strait of Hormuz. Trump posted on Truth Social that the US had shot down three other drones, adding that “obviously, this is a foolish violation of our Ceasefire Agreement.”
What followed was a series of eye-for-an-eye strikes. The US targeted Iranian military sites in retaliation for the attack on...
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Jun 22, 2026 / Dave DeCamp
Israeli Strike on Car in Gaza City Kills High School Student
An Israeli strike targeting a car on a busy street in Gaza City on Monday killed at least one Palestinian, a high school student, and wounded several others as the IDF’s constant violations of the US-backed ceasefire deal continue. The slain high school student has been identified as Raghad Ashour, who, according to the Quds […]
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Apr 29, 2026 / Tyler Durden
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Your Bank Is Becoming A Casino: River CEO Frames Bitcoin As The Alternative
Authored by Micah Zimmerman via Bitcoin Magazine,
Bitcoin 2026 speaker Alex Leishman used his Nakamoto Stage talk, titled “We’re Not Fixing Money to Build More Casinos,” to deliver a sharp warning that modern finance is drifting toward a gambling model and away from basic banking.
Leishman, CEO of River, said the American dream feels out of reach for many people as housing costs rise, student debt lingers, and wages lag, and argued that this pressure helps explain why prediction markets and...
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