I think it’s more about the weakness in streaming than the parks, which have been on a massive heater.
Speaking of acquisition targets yesterday, if Disney gets beat down enough watch out for Apple to buy them out. Apple would love their content library and ESPN solves live sports for them too.
There’s already been rumors that Apple is interested in ESPN, but really they could just buy all of Disney.
Melvin Capital presents NOVEL PLAN to close down his hedge fund and start a NEW ONE so he can short stocks again and start re-earning his performance fees after 18 months of losses.
“How can I continue to make 10s of millions of dollars in fees off investor’s back”
He was down 39% last year and 21% this year.
What a grift industry hedge funds are. Would be so delicious to see redditards breaking a hedge fund grifter.
It’s pretty insane that Disney is worth less than 10% of Apple.
I have to think regulators would have something to say about it, but maybe not as antitrust is all but dead.
If Apple comes out with a car, look out.
the best torrent discussion i’ve ever heard was when our office was directly above an HBO office floor, and their IT pinkertons were monitoring torrent ips, and realized it was coming from inside the building. so they came up to tell is to stop downloading game of thrones.
good times.
Stonks market briefly forgot about interest rates and then remembered them today (before forgetting them next week)?
not stonks
feels like either it stops and we go back to more stupid or people go wtf were we thinking and it comes down
cause it’s got a lot of room for down, the market has been on steroids
edit–literally everything red today, haven’t seen that in a long time
The shareholders just get their money back if they don’t do a deal in time.
It looks like the IPO was $9.80, so I assume that’s what they’d get back? And anyone who bought at that price essentially had a freeroll?
You weren’t kidding. Only 21 stocks in the S&P 500 up on the day.
was also referencing, crypto red, metals red, oil red, every other market red
usually something is even or green when everything else is going to shit on a day
https://twitter.com/WholeMarsBlog/status/1517626832241057792?t=CVIvgDREHEhzzQOamo4Yuw&s=19
https://twitter.com/elonmusk/status/1517702987359133696?t=eqwgEmk8BseOwoIH_CYN1A&s=19
https://twitter.com/elonmusk/status/1517707521343082496?t=lMTU8X6bwG2N_73bHyxlaw&s=19
Lol
Well that guy should certainly be rewarded with more money than anyone else, anywhere
The richest man on earth has the mentality of a petulant middle schooler.
good thing that mentality can never be elected president