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Stock impact report

Disney report to shine spotlight on streaming war [Toronto Globe and Mail (Ontario, Canada)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Disney report to shine spotlight on streaming war Quarterly reports next week from Walt Disney Co, CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the communication services sector, which has outperformed since it was overhauled last year. The S&P 5 communication services index has increased 2% so far in 219, beating the S&P 5’s 17% gain and all but two of 11 sectors - technology and real estate. That strong performance is in large part thanks to a recovery by Facebook Inc, as investors bet that the world’s largest social network will keep growing, even as it faces regulatory hurdles. June-quarter results from Disney, CBS Corp and Viacom Inc will keep investors fixated on a rising wave of competition in video streaming against market leader Netflix Inc. All of those companies also fall within the communication services sector. Story continues below advertisement Netflix’s stock has sunk 14% since it reported on July 17 that Show less Read more
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