To The Moon

$Walt Disney(DIS)$ will be announcing its previous quarter results after the market closes today. With the reopening of global economies and international borders, Disney may count on the return of visitors by flocks to its theme parks, though at the same time users of its Disney+ streaming platform will also be pampered with increasingly more outdoor entertainment alternatives as COVID-19 restrictions get lifted, leading to earnings pressure on its streaming platform. Furthermore, Disney+ continues to face intense and rising competition from the likes of the incumbent $Netflix(NFLX)$ and aggressive $Amazon.com(AMZN)$ , and is expected to continue to bleed. Since his return to Disney in last November, Bob Iger has introduced drastic corporate restructuring to trim costs and stem losses. While certain short-term measures like hiring freeze have taken effect immediately, others are longer term and will need time to show results. Hence, while I look forward to an eventual successful turnaround of Disney under the helm of Bob Iger, I believe that Disney will continue to face headwinds in the near term, and is not helped by rising costs from a stubbornly high inflation and restrictive borrowing rates to fund its expansion after relentless rate hikes by the Fed to tame the inflation. Nevertheless, as Disney continues to innovate and reinvent itself to stay competitive amidst rising competitions as well as remain relevant post pandemic, hopefully its stock price will regain its past glory! @Tiger_Earnings @TigerEvents @CaptainTiger @TigerStars @MillionaireTiger @TigerWire @Daily_Discussion