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Cake day: June 15th, 2023

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  • Honest question, what is Disney being in financial turmoil based on? They beat/met expected EPS (earnings per share) three of the last four quarters. They are more than a TV/streaming/movie making business. They have LOADS of assets. They report losing money on streaming, but if you look back they didn’t expect streaming services to be profitable until 2024. it looks to me like Disney is and will be fine financially.