Benzinga Buzz: Should Hollywood Strikers Picket Outside Microsoft? Plus: Barbie To Earn $600M+
Portfolio Pulse from Anthony Noto
The latest edition of Benzinga Buzz discusses the success of the 'Barbie' movie released by Warner Bros. Discovery (WBD), which is expected to earn over $600 million in box office proceeds. The article also mentions the ongoing WGA and SAG-AFTRA strikes, with actor Bryan Cranston criticizing Walt Disney (DIS) CEO Bob Iger. Scott Galloway suggests that the strikers should target tech companies like Microsoft (MSFT) instead of studios. Microsoft's recent valuation spike due to AI advancements is also highlighted.
July 29, 2023 | 3:43 pm
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POSITIVE IMPACT
Warner Bros. Discovery's 'Barbie' movie is expected to earn over $600 million in box office proceeds.
The success of the 'Barbie' movie is likely to positively impact Warner Bros. Discovery's earnings and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Microsoft's recent valuation spike due to AI advancements is highlighted, with Scott Galloway suggesting that strikers should target tech companies like Microsoft.
While Microsoft's recent valuation spike due to AI advancements is a positive sign, the suggestion that strikers should target tech companies could potentially create uncertainty around the company.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Disney CEO Bob Iger is criticized by actor Bryan Cranston amid ongoing WGA and SAG-AFTRA strikes.
The criticism of Disney's CEO and the ongoing strikes could negatively impact the company's reputation and stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70