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Earnings Report

Disney misses on parks revenue, streaming subscribers but sees strong growth ahead

Disney reported overall revenue of $15.6 billion, down 13% compared to $18 billion a year ago. Meanwhile, net income in the quarter was $912 million, up 95% compared to $468 million a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents, compared to 60 cents per share a year ago.

SoftBank reports $37B Vision Fund profit on Coupang

SoftBank Group Corp on Wednesday reported a 4.027 trillion yen ($36.99 billion) fourth-quarter profit at its Vision Fund unit after booking a gain on investment Coupang, underscoring its recovery a year after a record loss.

Toyota Q4 profit nearly doubles, beats expectations

Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.

Dow slides 473 points as Nasdaq mounts comeback

U.S. equity markets traded lower Tuesday afternoon as technology and growth stocks pared their losses after falling sharply in early trading amid continued worries over inflation and what it might mean for Federal Reserve policy.

No need to panic: Expert to investors

Spotlight Asset Group CIO Shana Sissel, Belpointe chief strategist David Nelson and Thru the Cycle President John Lonski provide insights into today’s markets.