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Judge Mark E. Walker wrote that a relative has a financial interest - 30 shares of Disney stock - that could be affected by the outcome of the proceeding, so he disqualified himself. Walker denied DeSantis'' motion that he disqualify himself because of questions about his impartiality. Walt Disney Co sued DeSantis, a Republican, in late April, asking a court to overturn state efforts to control the Disney World theme park, intensifying a battle between a global entertainment giant and DeSantis, who recently announced he would run for president.

Walt Disney (NYSE:DIS) stock has significantly underperformed the broader market indices over the past several years. Further, the ongoing pressure…

Disney''s Parks, Experiences and Products segment continues to perform strongly. Check out why DIS stock remains a buy.

One of the largest media companies in the world is at odds with a leading political figure . Here’s a look at the stock performance of The Walt Disney Company (NYSE: DIS ) during Florida Governor Ron DeSantis ''s time in office . What Happened: DeSantis, who won Florida''s gubernatorial election in 2018 and 2022, recently announced his official candidacy for the 2024 presidential election . This could be good news for Disney as it could mean the GOP favorite will spend less time worrying about the entertainment giant’s local theme park operations as he campaigns nationally. DeSantis took offense when Disney spoke out in opposition to the Parental Rights in Education Act, also known as the “Don’t Say Gay” bill. Since then, DeSantis stripped Disney of the self-governing powers the conglomerate has enjoyed over its Orlando, Florida territory since 1967. In February, DeSantis signed a bill to strip Disney of the special powers it … Full story available on Benzinga.com

Hedge funds continue to exert outsized influence over equity markets. The world’s 20 largest hedge funds collectively hold $45 trillion of assets under management. The largest hedge fund in the U.S., Bridgewater Associates , manages $126 billion . These massive funds often buy and sell billions of dollars worth of stock at a time, moving markets in the process. When a hedge fund takes a big position in a stock, it is viewed as a vote of confidence in the company and the future direction of the share price. Conversely, when hedge funds liquidate a position, it is taken as a sign by other investors that it’s time to sell. The latest moves by U.S. hedge funds were recently disclosed as part of regulatory disclosure requirements. This allows us to see what stocks hedge funds bought and sold during the first quarter of 2023. Here is a look at three stocks that hedge funds have ghosted big-time. TSLA Tesla $201.16 BK Bank of New York Mellon $40.69 DIS Disney $87.82 Tesla (TSLA) Source: Ivan Marc / Shutterstock.com Soros Fund Management, the family office of billionaire investor George Soros, is a fund many investors look to for guidance.

Disney''s legacy Park assets have continued to benefit from the reopening tailwinds. Read more to find out why we revise DIS stock from hold to buy.

Walt Disney Co. (NYSE: DIS ) has teamed with National Geographic on a new subscription deal that ties the Disney+ streaming service with the celebrated 134-year-old magazine. What Happened: National Geographic Premium with Disney+ will combine print editions from the magazine, including the annual "Year in Pictures," 10 issues of Nat Geo Kid, a Nat Geo digital membership and a Disney+ subscription, into a single package costing $10.99 per month or $109 per year. A two-year discounted plan for $190 is also available. Disney, which is a majority owner in National Geographic, is rolling out the deal … Full story available on Benzinga.com

Online posts are using flawed logic and false information to malign The Walt Disney Co. as sympathetic to pedophiles or predatory toward young children after the company publicly opposed a Florida bill banning instruction on sexual orientation and gender identity in kindergarten through third grade. Posts shared thousands of times on Facebook, Twitter and Instagram […]

Online posts are using flawed logic and false information to malign The Walt Disney Co. as sympathetic to pedophiles or predatory toward young children after the company publicly opposed a Florida bill banning instruction on sexual orientation and gender identity in kindergarten through third grade. Posts shared thousands of times on Facebook, Twitter and Instagram have attempted to link Disney to the late sex offender Jeffrey Epstein. They’ve highlighted Disney employee arrests as alleged evidence of a companywide problem. They’ve pointed to Disney prioritizing diverse content as evidence of the company “grooming” kids. But these attacks on Disney, which have escalated across social media since the bill passed in late March, are misleading and not supported by facts. Here’s a closer look at the facts. CLAIM: Disney has close ties to the disgraced financier Jeffrey Epstein and his ex-girlfriend Ghislaine Maxwell, who was convicted of luring young girls to be sexually abused by him. THE FACTS: These claims are not supported by evidence.

Online posts are using flawed logic and false information to malign The Walt Disney Co. as sympathetic to pedophiles or…

Cisco Systems Inc. is the latest major U.S. company to pause business operations in Russia because of its invasion of Ukraine. Cisco Chief Executive Chuck Robbins told staff in an letter Thursday that "Cisco is stopping all business operations in Russia and Belarus and will continue to focus on supporting our Ukrainian employees, customers and partners while providing humanitarian aid and accelerating our efforts to protect organizations in Ukraine from cyber threats. We stand with Ukraine and condemn this unjustified war." Cisco joins a long list of companies that have paused business operations in Russia that include Apple Inc. , Oracle Corp. , Boeing Co. , Exxon Mobile Corp. and Walt Disney Co. . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Walt Disney (DIS) is discussing the prospect of a more inexpensive ad-supported version of its Disney+ video-streaming service, The Information reports

Walt Disney Co (NYSE: DIS ) has announced the addition of “Nemesis” as the first Dutch production for streaming on Disney+. What Happened: According to a Variety report, the eight-part series is based on a novel by Simon de Waal and focuses on a female public prosecutor who hunts down an international crime ring following the murder of a witness in her home. “Nemesis” will be produced by Netherlands-based company Pupkin and is … Full story available on Benzinga.com

Hollywood Studios Pause New Film Releases In Russia Over the last seven decades, Hollywood has served as the unofficial — but massively influential — propaganda arm of the US government. If national interests are so required, film studios will create wartime propaganda and or even, like we''re witnessing today, pause theatrical releases in Russia. The Walt Disney Company announced Monday that "given the unprovoked invasion of Ukraine and the tragic humanitarian crisis, we are pausing the release of theatrical films in Russia, including the upcoming Turning Red from Pixar." Dinsey is the first major studio to protest Russia amid the invasion of Ukraine five days ago. "We will make future business decisions based on the evolving situation. In the meantime, given the scale of the emerging refugee crisis, we are working with our NGO partners to provide urgent aid and other humanitarian assistance to refugees," the studio continued. WarnerMedia, a division of AT&T Inc., followed next by announcing it would delay the release of "The Batman." "In light of the humanitarian crisis in Ukraine, WarnerMedia is pausing the release of its feature film ''The Batman'' in Russia," the studio said in a statement. "We will continue to monitor the situation as it evolves.

Warner Bros, Sony Pictures, The Walt Disney Company and Paramount Pictures announced the decision in light of the ongoing crisis in Ukraine.