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Disney Q2 FY26 Earnings: Commentary from CEO Josh D'Amaro The Walt Disney CompanyNew Disney CEO Gives Vision for Company as Revenue Rises WSJDisney Bets on Short-Form Video and Video Games to Woo Gen Alpha inc.comDisney Posts Strong Earnings Despite Slowdown in Park Visitors The New York TimesJosh D'Amaro Says Disney Will Be The "Centerpiece" Of An "Immersive, Interactive" Digital Future Deadline
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Lower-income consumers are compensating for higher gas prices by buying less.
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People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Japan fires missile in joint drill with US and allies in northern Philippines, facing South China Sea ReutersJapan Strikes Combat Role in South China Sea in Post-War Pivot Bloomberg.comJapan, Philippines Launch Working Group on Transfer of Abukuma-class Destroyer Escorts navalnews.comChina condemns Japan's first overseas ‘offensive missile' test since WWII South China Morning Post
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Why Gasoline Prices Vary So Much by State, County and City The New York TimesUS gasoline prices top $4.50 a gallon as summer driving season nears ReutersUS Gasoline Hits $4.50, Nears All-Time High as Iran Fuel Crunch Grows Bloomberg.comGas prices surge to highest levels since start of Iran war, squeezing Central Valley businesses ABC
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MLB Issues Six-Game Suspension To Framber Valdez MLB Trade RumorsRed Sox broadcast fumes at Framber Valdez for acting like a child in bench-clearing move: 'What a joke' Fox NewsFramber Valdez, A.J. Hinch suspended for beaming incident vs Red Sox Detroit Free PressTigers' Valdez ejected after throwing at Red Sox's Story ESPN
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The report provided more evidence of a stable labor market and less incentive for the Fed to lower interest rates.
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New Disney CEO Gives Vision for Company as Revenue Rises WSJDisney pops 5% after streaming, parks drive revenue beat in first report under CEO Josh D'Amaro CNBCJosh D'Amaro Lays Out "Long-Term View" for Disney in First Earnings Report Since Taking Over as CEO The Hollywood ReporterDisney stock rises on Q2 earnings beat as US park attendance dips in first report under new CEO Josh D'Amaro Yahoo Finance
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All of the health-care giant's business segments, including its insurer Aetna, its retail pharmacy and health services unit, surpassed expectations.
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Stocks continued their push higher Friday, with today's gains helping the major market indexes snap a three-week losing streak.
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There was nothing particularly new today to boost investor sentiment. Both the economic and earnings calendars were thin. And early afternoon speeches from Kansas City Fed President Esther George and Fed Governor Christopher Waller echoed the hawkish tone struck by central bank officials in recent weeks. It could just be that Wall Street has come to terms with the fact that the Fed will almost certainly issue a third-straight 75 basis point rate increase at its policy meeting later this month. Or perhaps investors are simply taking advantage of bargains from the late-August selloff.
Whatever the reason, today's rally was broad-based, with all 11 sectors finishing higher. Leading the pack was communication services, which jumped 2.8% on strong gains for components Meta Platforms (META, 4.4%) and Netflix (NFLX, 2.7%). Energy ( 2.5%) also outperformed as U.S. crude futures bounced 3.9% to $86.79 per barrel.
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As for the major indexes, the Nasdaq Composite's 2.1% rally to 12,112 outpaced its peers. Still, the S&P 500 Index ( 1.5% to 4,067) and the
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