Author: Editor

A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California.Mario Tama | Getty ImagesDisney reports its fiscal third-quarter earnings before the bell on Wednesday, and Wall Street will be looking for updates on the state of its streaming, TV and movies businesses, as well as its theme parks.Here is what Wall Street expects Disney to report on Wednesday, according to LSEGEarnings per share: $1.47 expectedRevenue: $23.73 billion expectedOnce again, the streaming business will be in focus.Investors are anticipating further updates on the company’s ESPN direct-to-consumer streaming service. ESPN has said it will launch the app this fall,…

A corporate logo for McDonald’s hangs above the door of a restaurant on Broadway in New York City on June 11, 2025.Gary Hershorn | Corbis News | Getty ImagesMcDonald’s is expected to report its second-quarter earnings before the bell on Wednesday.Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report:Earnings per share: $3.15 expectedRevenue: $6.7 billion expectedLast quarter, McDonald’s U.S. restaurants posted their steepest same-store sales decline since the onset of the Covid-19 pandemic. Executives blamed a drop in low- and middle-income diners, who have been feeling more pressure on their wallets this year.But thanks to…

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | ReutersChanges to the American labor market brought on by the arrival of generative AI are already showing up in employment data, according to a Goldman Sachs economist.Most companies have yet to deploy artificial intelligence in production cases, meaning that the overall job market hasn’t yet been significantly impacted by AI, said Joseph Briggs, senior global economist of Goldman’s research division, in a podcast episode shared first with CNBC.But there…