Diamonds and Dogs
Streaming lifting Disney+ (DIS). Disney is jumping 9% to a two-month high following lackluster earnings as sales fell 41% for the quarter. However, the company did make money and Disney+ has surpassed 100 million paid subscribers worldwide. That includes 60.5 million for Disney Plus through July, nine months after the service first took flight, hitting a target the company had previously forecast reaching by 2024. Disney also plans to release its "Mulan" live-action remake on Sept. 4 on Disney+ priced at $29.99 a pop.
Profit-taking in electric heavy-duty truck company, Nikola (NKLA). Nikola is down 11% after coming public earlier this year. The company has no profits or sales, but expects to produce a fleet of trucks next year. Not they just need customers.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.