Disney avoids Netflix's fate as streaming subscriptions grow
CNN
Disney's streaming numbers were under the microscope on Wednesday after Netflix's stock tanked last following its first subscriber loss in a decade.
Luckily for the House of Mouse and its investors, Disney+ grew.
The streaming service now has 137.7 million subscribers — a gain of roughly 8 million in the company's fiscal second quarter. Those results beat expectations and calmed Wall Street's nerves about the streaming market after Netflix (NFLX) missed so badly with its user growth last month.
President Joe Biden warned against a streak of “semi-isolationism” in the US as he stressed the importance of alliances during a symbolic visit to the Aisne-Marne American Cemetery on Sunday, honoring the thousands of Americans who died in World War I at a site former President Donald Trump skipped during a 2018 visit to Paris.
Looking to shore up Latino votes in Nevada and Arizona for his reelection campaign, President Joe Biden is on the verge of soon following up last week’s executive action aimed at curbing border crossings with another move focused on providing legal status for long-term undocumented immigrants married to American citizens and without criminal records.