Uber hit by Middle East conflict despite strong bookings

Ride-hailing company posts weaker than expected first-quarter revenues but issues optimistic outlook

Uber misses on revenue but issues higher-than-expected bookings guidance

Uber said its net income took a $1.5 billion hit in the first quarter of 2026 due to the revaluation of the company's equity investments.

Disney’s stock rises as earnings signal that the theme-park business is healthy

In the first earnings report under new CEO Josh D’Amaro, Disney forecast 12% EPS growth for the year.

By Lukas I. Alpert

Disney beats expectations in its first earnings report under CEO Josh D'Amaro

Josh D'Amaro has hit the ground running since becoming Disney's CEO in mid-March. Thibault Camus / POOL / AFP via Getty Images Disney topped Wall Street's estimates in its latest quarter. The earnings report comes weeks after Mouse House conducted a major round of layoffs. CEO Josh D'Amaro has faced several unexpected challenges since replacing Bob Iger. Josh D'Amaro's Disney just exceeded expectations after a hectic few weeks. Disney's revenue grew 7% to $25.2 billion in its quarter ending...

Disney Revenue Rises 7% in Earnings Beat, Disney+ and Hulu Streaming Income Pops 88% to $582 Million

Disney’s first earnings with Josh D’Amaro as CEO are out — and he has generally good news to report in his Wall Street debut. The Mouse House pulled in revenue of $25.17 billion, up 7%, for the three months ended March 28 (Disney’s Q2 of fiscal 2026). Net income fell 31% to $2.25 billion largely […]

By Todd Spangler

Josh D’Amaro Lays Out “Long-Term View” for Disney in First Earnings Report Since Taking Over as CEO

Disney reported its fiscal second-quarter earnings early Wednesday morning, beating Wall Street expectations, with D'Amaro laying out his thoughts on AI, original IP, and that new Abu Dhabi park.

By Alex Weprin

Disney Begins Josh D’Amaro Era With A Bang, Posting Strong Quarterly Results As Entertainment Streaming Booms

Disney posted strong results for its fiscal second quarter Wednesday, beginning the Josh D’Amaro era with a bang. Total revenue increased 7% from the year-ago period to reach almost $25.2 billion. Earnings per share, excluding certain items, came in at $1.57. Both metrics topped Wall Street analysts’ consensus forecasts. The company’s entertainment streaming operation posted […]

By Dade Hayes

Kakao Bank posts record quarterly earnings on Superbank gain

Kakao Bank's first-quarter profit climbed to a record after a valuation gain from its investment in Indonesia's Superbank offset weaker operating income. The digital lender said Wednesday that net profit rose 36.3 percent from a year earlier to 187.3 billion won ($128.5 million) in the January-March period. Operating profit fell 13.9 percent to 157.6 billion won, highlighting the role of non-operating gains in lifting its bottom line. The biggest boost came from Superbank, the Indonesian digital

By The Korea Herald

Iovance Biotherapeutics Q1 2026 Earnings Preview

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 mom...

By Tyler Durden