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Paramount Earnings Raises the Bar For Disney, Plus the CHIPS Act Turns One 8/8/23

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Manage episode 373744972 series 2975155
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

: Shares of Paramount are lower today despite topping revenue expectations in its Q2 results. The beat raises the bar for Disney, which reports after the bell today amid a host of industry-wide challenges, including an ad contraction, pressure to cut streaming costs and a strike. And then there are the company-specific issues that Disney faces, including the performance of its franchise films, attendance issues at parks, and more. Plus, the $53 billion CHIPS Act aimed to jump-start the production of leading-edge semis in America - but a year later, funds have yet to be dispersed -- and firms have already spent billions of dollars. We report from a soon-to-be Wolfspeed chip plant in Siler City, NC.

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616 episodes

Artwork
iconShare
 
Manage episode 373744972 series 2975155
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

: Shares of Paramount are lower today despite topping revenue expectations in its Q2 results. The beat raises the bar for Disney, which reports after the bell today amid a host of industry-wide challenges, including an ad contraction, pressure to cut streaming costs and a strike. And then there are the company-specific issues that Disney faces, including the performance of its franchise films, attendance issues at parks, and more. Plus, the $53 billion CHIPS Act aimed to jump-start the production of leading-edge semis in America - but a year later, funds have yet to be dispersed -- and firms have already spent billions of dollars. We report from a soon-to-be Wolfspeed chip plant in Siler City, NC.

  continue reading

616 episodes

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