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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.