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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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Sep 1, 2026 / Kurt Nimmo
Trump’s Stolen Venezuelan Crude Oil Sent to Israel
On August 29, President Trump went on social media and boasted about stealing Venezuelan oil. The theft, according to Trump, “more than doubles American oil reserves.” He said there was “no cost” to American taxpayers, although there will obviously be a huge cost to the people of Venezuela who will see little if any benefit from Trump’s […]
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Aug 12, 2026 / Tyler Durden
Ukraine Suspends Attacks On Tankers Using Russian Black Sea Port, At Vance's Urging
Ukraine Suspends Attacks On Tankers Using Russian Black Sea Port, At Vance's Urging
At the urging of Vice President JD Vance, Ukraine has suspended attacks on oil tankers using the Russian port of Novorossiysk, which sits on the Black Sea. The request was made in late July, but first reported today by the Financial Times, citing Ukrainian officials.
Vance's plea sprang from the Trump administration's worries that Ukraine's attacks were creating dangerous instability in global fuel markets. There were also concerns that strikes on vessels transporting Kazakhstan crude oil to the...
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Mar 21, 2026 / Tyler Durden
The Private Credit Crisis Is Spreading
The Private Credit Crisis Is Spreading
Submitted by QTR's Fringe Finance
The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid.
For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases.
Companies whose primary innovation is allowing consumers to...
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