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Disney, Meta Platforms, Lucid Motors, Roblox and more

CFO News Room

Disney — Shares of the media giant slid more than 11% after the company’s quarterly results missed Wall Street expectations on revenue and profit, as both its parks and media divisions underperformed estimates. AMC Entertainment — Shares dropped 9.8% billion in revenue, compared to forecasts for $1.71

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Tapestry, WeWork, Rivian and others

CFO News Room

Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of the strong U.S. in the premarket after it reported a wider-than-expected quarterly loss.

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Highest Paid CFOs in the World in 2024

The Finance Weekly

His main job is to handle all money matters at SoFi, like planning, accounting, and dealing with investors. With over two decades of experience in media and entertainment, Ianniello was among the key persons behind one of the world's largest media companies. He cooks up strategies to help SoFi grow and score funds for its goals.

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Amazon Expects To Expend All Of Q2’s Profit Fighting COVID-19

PYMNTS

forecast pre-release. Still, that outcome marks the first time AWS has topped the $10 billion mark when it comes to revenue, pushed by the massive upswing in cloud service use as consumers have begun both working from home and netting most of their entertainment via the web. Amazon clocked in with earnings of $5.01 billion result.

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A Business Upended: Streaming disrupts the Entertainment Business!

Musings on Markets

The recent troubles in entertainment, though, reflect a longer term disruption that has occurred in the business, with the rise of streaming as an alternative to the traditional platforms for movies and television shows. With Apple TV+ and Amazon Prime, the game is even more difficult to gauge.

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Alibaba Tracker: Earnings Miss, Revenue Soars And The Global Stage Is Set

PYMNTS

billion), well above analysts’ forecast of 36 billion yuan. In fact, revenue was well up across all of Alibaba’s segments — cloud computing brought in $314 million, up 103 percent, and digital media and entertainment raked in $571 million, up a full 234 percent. Earnings, however, was another story. billion yuan ($5.6

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SeaWorld’s Ocean Of Uncertainty

PYMNTS

Following the release of that film, notes the AP story, demonstrations against the captivity of killer whales contributed to notable dropoffs in attendance at all three SeaWorld parks, as well as the loss of sponsorships.