Disney’s Streaming Division Grows While Overall Profit Drops in Latest Quarter
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 2 February 2026
⏱️ 3 minutes
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| 0:00.0 | I think the potential of Agenic is to rethink how work gets done overall. |
| 0:05.0 | It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand. |
| 0:11.3 | That's Jason Gersatus, CEO of Deloitte U.S., talking about the transformational potential of A.Gentic AI. |
| 0:17.9 | Join him later to learn why agents are a game changer for businesses across industries. |
| 0:25.9 | Here's your midday brief for Monday, February 2nd. I'm Alex Osala for the Wall Street Journal. |
| 0:32.3 | Disney's profit fell 6% to $2.4 billion, while revenue rose 7% to nearly $26 billion in its latest quarter. Revenue and |
| 0:41.5 | adjusted profit topped analyst expectations. Streaming profit grew 72% in the last quarter, helping offset |
| 0:48.2 | a slump in traditional TV and higher costs for sports rights. But shares fell in midday trading, as |
| 0:54.1 | executives warned of muted growth in the current quarter. |
| 0:57.2 | Growth in U.S. theme parks could be modest because fewer international tourists are coming to the country. |
| 1:02.5 | The latest earnings come as the company's board is expected to vote this week on a successor to CEO Bob Eiger. |
| 1:09.1 | Oracle plans to raise between $45 and $50 billion this year to build out its artificial |
| 1:14.0 | intelligence infrastructure. |
| 1:16.1 | Oracle wants to build to meet demand from clients such as Nvidia and Meta. |
| 1:19.9 | It'll raise the funds for the buildout through both debt and stock sales. |
| 1:23.7 | Oracle emerged as an AI darling last year after securing hundreds of billions of dollars in AI-related business, |
| 1:29.7 | but some investors are questioning the sustainability of AI spending commitments from tech giants. |
| 1:35.0 | Oracle's business model concentrates a large chunk of future revenue on a few customers. |
| 1:40.1 | And Vanguard says it's slashing fees on a quarter of its U.S. funds, bringing its average expense ratio down to 0.06%, which equates to 60 cents a year on a $1,000 investment. |
| 1:52.2 | The investment giant says the move affects 53 funds. |
| 1:55.7 | Today's reductions follow Vanguard's largest ever round of fee cuts last year, and the company says that the two moves |
| 2:01.3 | together will save clients a combined $600 million. Heads up, an artificial intelligence tool |
... |
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