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Real-time News
February 2nd - Walt Disney (DIS.N) reported in its first-quarter fiscal year report that both sales and profits exceeded expectations, thanks to record $10 billion in revenue from its theme parks and cruise lines. The majority of the profits came from the theme parks and cruise lines, led by Josh DAmaro, who is considered a candidate to succeed Bob Iger, who is scheduled to leave the company this year, as CEO. Disney said Monday that the theme parks segments profit increased by 6% year-over-year to $3.3 billion, driven by increased visitor numbers, higher visitor spending, and the addition of new cruise lines. In contrast, the entertainment segments profit fell by more than a third to $1.1 billion, primarily due to reduced revenue from political advertising on television channels and streaming services, as well as marketing costs related to "Avatar: Ashes." The sports segments profit fell 23% to $191 million, due to increased fees for new broadcasting rights for NBA and college sports events.Oracle (ORCL.N) reversed its pre-market losses and turned positive.February 2nd - Iranian Foreign Ministry spokesman Baghae, when answering questions about negotiations with the United States on February 2nd local time, stated that details of the talks are currently in the decision-making stage, and any media speculation cannot be confirmed. The spokesman said that at this stage, because decisions are still being made, there is no official information regarding the meeting location, time, or whether either side will attend.A spokesperson for the European Commission stated that current data does not indicate that the EU is overly reliant on a single natural gas supplier.February 2nd - WHO Director-General Tedros Adhanom Ghebreyesus stated on Monday that the World Health Organization is being forced to significantly reduce its staff following announcements from the United States and Argentina that they would cease funding. Tedros described 2025 as "one of the most difficult years" for the organization. Last month, the United States formally completed its withdrawal process, costing the organization hundreds of millions of dollars annually. Simultaneously, Argentina announced its withdrawal from the WHO, expected to take effect in February 2026. Tedros warned that the sharp reduction in funding has already severely impacted countries reliant on WHO support. According to a recent WHO report, the organization will reduce its staff by approximately 25% by mid-2026. As of the end of 2024, the WHO had 9,457 staff members, the highest level in 15 years.
