Walt Disney $Disney (DIS.US)$ , a family entertainment company, is expected to report its fiscal fourth-quarter earnings of $0.44 per share, which represents year-over-year growth of over 320% from a loss of -$0.20 per share seen in the same period a year ago.
The family entertainment company would post revenue growth of 28% to $18.8 billion. The company has beaten earnings per share $Wisdomtree U.S. Largecap Fund (EPS.US)$ (EPS) estimates all times in the last four quarters, according to ZACKS Research.
Analyst Comments
“We see Disney on the short list of global streaming majors. Despite significant continued upward earnings revisions, shares have lagged as net adds expectations ran ahead of content deliveries. As the content pipeline builds into ’22 and ’23, core net adds should accelerate, driving shares,” noted Benjamin Swinburne, equity analyst at Morgan Stanley.
“Disney is building content assets that enable it to take advantage of the significant direct-to-consumer streaming opportunity ahead. Disney’s underlying IP remains best-in-class, supporting long term content monetization opportunities. During this period of FCF pressure from Parks closures, ESPN’s FCF generation is key to driving down leverage. Historical cycles suggest a potential return to above prior peak US Parks revenues in FY23.”
Article excerpted from Yahoo.

$Alibaba (BABA.US)$, $Baidu (BIDU.US)$, $JD.com (JD.US)$, $Tencent (TCEHY.US)$ and several other Chinese companies were fined by China's antitrust regulator over acquisitions that were not properly disclosed in the past.
A total of 43 companies were fined by China's State Administration for Market Regulation and the parties were fined 500,000 yuan ($78,000), according to postings on the agency's website and an AP report.
The fines come after the Chinese regulator first fined several Internet companies in early July including companies owned by Tencent and Alibaba for failing to disclose earlier merger and acquisition transactions for approval, according to the regulator's website.
The pressure on techs from China comes after the country fined Alibaba a record $2.75B in April for anti-monopoly violations and comes as the country has cracked down on ride-hailing firm $DiDi Global (Delisted) (DIDI.US)$ and others.

$Uber Technologies (UBER.US)$ $Twilio (TWLO.US)$ Big boys have moved. Are you following?

$UP Fintech (TIGR.US)$ $Futu Holdings Ltd (FUTU.US)$ $DiDi Global (Delisted) (DIDI.US)$ "Temasek halts China tech investments amid Beijing crackdown - Nikkei Asia" https://asia.nikkei.com/Editor-s-Picks/Interview/Temasek-halts-China-tech-investments-amid-Beijing-crackdown

$Netflix (NFLX.US)$ launched Netflix Games this week for iPhone and iPad users using the $Apple (AAPL.US)$ iOS app store. The games use Apple’s in-app payment system, a feature not used by the traditional Netflix app.The games are also available for Android users through the Google Play store from $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ Netflix subscribers get access to the games without ads or in-app purchases.
The initial five games available at launch are:
“Stranger Things: 1984”
“Stranger Things 3: The Game
“Shooting Hoops”
“Teeter (Up)”
“Card Blast”
What’s Next: A spinoff from popular video game franchise “League of Legends” is coming to Netflix in the future, which could provide a huge boost for its entry in the new sector.
“Hextech Mayhem: A League of Legends Story” will be free for Netflix subscribers and cost $10 for PC players, according to The Verge. The game will come out first for PC and the Nintendo Switch from $Nintendo (ADR) (NTDOY.US)$ before a release later for Netflix subscribers.The game will follow the “League of Legends” characters Ziggs and Heimerdinger.Riot Games, which is owned by $Tencent (TCEHY.US)$ , partnered
People who launch the Netflix Games app without an account for the streaming platform are prompted to sign up for Netflix, which could be an area to watch in Netflix’s future earnings reports.

$SoftBank Group (ADR) (SFTBY.US)$ SoftBank’s Vision Fund, the largest tech-focused investment firm in the world with over $100 billion in capital, lost $10 billion this quarter amid the regulatory crackdown in China. The fund announced it was launching a $9 billion share buyback amid pressure from investors.
$Alibaba (BABA.US)$ $Coupang (CPNG.US)$ $DiDi Global (Delisted) (DIDI.US)$ The group’s largest asset, Chinese e-commerce firm Alibaba , saw its valuation fall by around a third in the second quarter. Its stake in ...