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Earnings Beat and Epic Game Partnership Drive Disney Stock SurgeIn a strategic leap into the gaming universe, The Walt Disney Company ( NYSE:DIS ) has stunned investors and enthusiasts alike with its latest announcement of a staggering $1.5 billion investment in Epic Games, the mastermind behind the global sensation Fortnite. This landmark partnership promises to reshape the landscape of entertainment, ushering in a new era of collaboration between the realms of gaming and beloved Disney franchises. The excitement reverberated through the markets as Disney ( NYSE:DIS ) shares soared by an impressive 7% in premarket trading following the release of its first-quarter earnings report. Despite revenue remaining steady year-on-year, the company surpassed earnings expectations with an impressive $1.22 per share, outperforming forecasts by a significant margin. CEO Bob Iger's revelation of Disney's ( NYSE:DIS ) foray into gaming represents a bold step forward, marking the company's most significant investment in the sector to date. With this substantial stake in Epic Games, Disney aims to harness the immense popularity of Fortnite and leverage its vast array of intellectual property, spanning Disney, Pixar, Marvel, Star Wars, and Avatar, to create captivating new gaming experiences. The collaboration between Disney ( NYSE:DIS ) and Epic Games holds boundless potential, offering fans the opportunity to immerse themselves in a rich and expansive gaming universe teeming with beloved characters and iconic settings. From pulse-pounding adventures to imaginative worlds, the possibilities are limitless as two entertainment giants join forces to push the boundaries of interactive entertainment. But Disney's ( NYSE:DIS ) ambitions extend far beyond the realm of gaming. The company's visionary roadmap includes the launch of an ESPN streaming service slated for 2025, further expanding its digital footprint and captivating sports enthusiasts worldwide. Additionally, Disney+ subscribers can look forward to an exclusive version of Taylor Swift's Eras Tour movie, adding yet another dimension to the platform's diverse content offering. Despite challenges in its Parks business and a decline in linear television, Disney's ( NYSE:DIS ) steadfast commitment to innovation and strategic growth initiatives has garnered support from investors and analysts alike. Ben Barringer, a technology analyst at investment manager Quilter Cheviot, lauded Disney's stable revenue and effective cost management strategies, underscoring the company's resilience in navigating a rapidly evolving entertainment landscape. Conclusion: As Disney ( NYSE:DIS ) sets its sights on a future brimming with possibilities, the partnership with Epic Games serves as a testament to its unwavering dedication to captivating audiences across every conceivable platform. With creativity as its compass and innovation as its engine, Disney continues to redefine the boundaries of storytelling, leaving an indelible mark on generations to come.
NYSE:DISLong
by DEXWireNews
#bitcoin - Sell-Off not successful so far. Looking at this nights try to initiate of a breakdown the support level failed for now and has been bought back big times. This does certainly not mean we are out of the woods, but closing the week above the Quaterly Pivot was a good start, especially with a spot-landing on the potential low of the potential Adam and Eve. We do know this pattern well from our $3k-bottom, so don´t laugh at it or even ignore it. It will certainly be invalidated if we breakdown, but that´s not the case yet, it has been defended. With the new Weekly Pivot just above the price around $9.8 (red label) and the Trendline coming down, this is the mark, that we have to overcome to make this A&E possible. Too early to trade. ____________________________________ (This is a follow-up, I missed the whole thing cause watching Fortnite WorldCup, CONGRATS to BUGHA, you a hero man!! ;-P) Warm regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
3
#bitcoin - Reversal Adam and Eve Bottom still in the GameEven though Im stuck on my Television due to the Fortnite WorldCup (No Joke) I never forget about my plans, and even there was a further drop, I am still not concerned yet, the small Cup and Handle did not play as it should and in my opinion a little sell-pressure is out of the market, I won´t short this anymore unless we break down the marked area + the weekly S1 (support right now) going all the way to the next Support-Level. The neckline of this Adam and Eve ist still around $11k and the target is around Breakout-Levels and the Yearly R1. I am not going to forecast we will do A, B or C, it doesn´t make any sense. As usual, trade what you see and not what you think could happen. This is one of several possible scenarios my colleagues are presenting some different, which are also fairly possible. Cheers. ____________________________ Warm Regards, Neru
BITSTAMP:BTCUSD
by Gl4diator
Told Ya So BTC Going UnderAs I said in my previous post, the falling volume with steady outbreak was just setting BTC up for failure. Here we are seeing it flush a little as expected, but there are only two options and for now I am holding a small short with a high leverage just in case it goes under as that small short could increase my portfolio by 20-30% if BTC decides to retest the 7k level again or even lower. Now for the options Option 1(short): we go down to 9700 here testing the 200 day EMA, run up a little and come crashing through to retest lows. Option 2(long): This downwards trend we are currently in will end soon and be the hand of the cup for the left shoulder sending us into the Bullish Market. More TA on the way when we see what occurs. NOT FINANCIAL ADVICE THIS IS STRICTLY TA AND MY OPINION ON WHAT SHOULD BE DONE WITH MY PORTFOLIO. Gl Trading :)
BITFINEX:BTCUSDShort
by Markapello