Disney reports earnings surge and announces latest media-streaming move
Walt Disney on Wednesday reported its fiscal third-quarter earnings that beat expectations on the top and bottom lines and added more subscribers than projected to its flagship streaming video platform Disney+.
Beyond Meat reduces full-year forecast, cuts jobs amid slowing growth
The maker of plant-based burgers, Beyond Meat, cut its revenue forecast for the full year, saying that US consumers are responding to higher prices in grocery aisles by shifting from plant-based meat alternatives to cheaper animal protein products.
eBay Inc. reported second-quarter revenue that beat expectations and an upbeat profit outlook, evidence that a new focus on luxury items and collectibles is helping offset slowing sales and customer traffic.
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