It's Jim Kramer here.

You're listening to the opening bell of CBC Squawk on the Street. Don't miss a minute of the action. Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kintanay with Jim Kramer at the New York Stock Exchange. David Fabers in Sun Valley. We'll join us in a moment to talk about that exclusive with Disney's Bob Iger a few moments ago. Meantime, stocks power on as yields fall to some one-month lows.

A producer price inflation comes in light, nearly flat year-on-year.

Q2 earnings began and got Pepsi, Delta, and more.

A roadmap begins with Disney, though, extending Iger's contract through 2026.

David got a lot in his exclusive interview.

We'll get to all of that.

June PPI, as we said,

cooler than expected on a monthly and an annual basis. And earnings in the consumer, Delta and Pepsi,

with quarterly beats and both raising guidance. Let's begin, though, with Disney and Iger. Jim,

we'll talk to David in the second, but ESPN, linear TV, the parks, the strike, box office, he got it all. Yeah, he did. And, you know, to me, between the lines, what I heard is, listen, you may be really worried about how much money we're spending, but we've got partners. We've got people who want to be in it. You may think that what we've got is an old lineup that's not doing anything, but we've got new people who want to be in. I'm going to ask David, of course, Apple's such a natural because at the Vision Pro, there was Bob. I felt Bob was most tremendous when he just said, look, all of these articles you hear about parks, not being that good, which is what a lot of people did. The whole, like, pictures being sent of empty parks not true parks being once again the edge

that they have over netflix so i like what i heard i own it from my travel trust i mean to me iger

is readdressing a lot of things that we kind of gave up on movies that are not working he's talking

about movies that are working parks Park's not doing well, really

worried about the cost of sports. I feel better about a lot of things. It didn't really, you know,

I also feel better about Bob, the health issue. I didn't know. That was kind of like Elon Musk.

I was waiting for him to do a little Princess Bright answer there. But I do like the extension

because it seems to me that what Bob's doing is getting the new guy, the right hand, as opposed to giving him a hand that doesn't even have the Hulu's song. By the way, the Hulu sound very interesting. Of course, we're involved in Comcast. Yep, here we are. And there's a lot of people worried about the balance sheet. the confidence that Bob showed made me feel better about the balance sheet.

I wanted a question about the dividend.

Don't have that.

Yep.

Talked a lot about transformative thinking, the expansive in our thinking.

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