Closing Bell Overtime: Dow Component Disney Reports Earnings; Former ESPN CEO On What’s Next For Streaming Giant
Averages fell sharply in the final hour of trading, closing near the worst levels of the day. BD8’s Barbara Doran and Gabelli Funds’ Kevin Dryer break down the market action, including earnings from Disney, Wynn and Trade Desk. Big news on the China front: the White House directing Treasury to regulate investment in Chinese tech sectors. Former ESPN CEO Steve Bornstein reacts to Disney earnings and what’s ahead for ESPN. Isaac Stone Fish, Strategy Risks CEO, on what the new Chinese investment rules mean. Third Bridge’s Jamie Lumley on the most important parts of the Disney call. Wedbush’s Sahak Manuelian on his earnings season takeaways.
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