Walt Disney (DIS) Shares Slips After Earnings, But On Path To Profitability

Walt Disney (DIS) shares slip after earnings, but CEO Bob Iger says Disney+ on path to profitability. Hatem Dhiab and Sandra Cho discuss DIS as its stock touched its lowest point since mid-March. They talk about how DIS's 2Q ESPN+ paid subs were up 2% while Hulu paid subs are flat. DIS says its streaming business lost $659M in 2Q. DIS 2Q Disney+ paid subscribers are down 2% year-over-year. They also go over other streaming services including Netflix (NFLX), Paramount (PARA), Warner Bros. Discovery (WBD), and Roku (ROKU). Tune in to find out more about the stock market today.