Disney Gains

Disney (DIS) earnings call: Company cutting 7,000 jobs, aims to restore dividend in '23. Why did Alphabet (GOOG) (GOOGL) stock slip? Blame Bard mistake, underwhelming AI event. Affirm (AFRM) stock sinks as outlook dimmed on higher borrowing costs, 19% job cuts announced.

Our links:

Wall Street Breakfast: seekingalpha.com/wsb
Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.

Seeking Alpha Premium: https://seekingalpha.com/premium/getting-started
A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.

Alpha Picks: https://seekingalpha.com/alpha-picks/subscribe
Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.

Twitter: https://twitter.com/WallStBreakfast

Show links:

Netflix expands account-sharing approach to four countries

Post to buy 9Lives, other pet food brands from Smucker in $1.2B deal

Google Labs VP exiting to form AI start-up with Salesforce ex Taylor

Affirm stock sinks as outlook dimmed on higher borrowing costs, 19% job cuts announced

Mike Fay with BlockChain Reaction: https://seekingalpha.com/author/mike-fay

The 'Optimism' Is Strong In This One