The House of Mouse got some rough reviews Tuesday after it reported a small Q1 loss of $20 million, while emphasizing that it reduced red ink in its costly streaming unit from $659 million in Q1 2023 to $18 million. Still, a loss is a loss. Shortly after the start of trading, Disney was having its worst day in a year.
The latest deal the administration has reached with Big Pharma is perhaps the one that would impact the highest number of Americans.
Meanwhile, Novo Nordisk and Pfizer are in an escalating bid-off for obesity biotech Metsera.
The business of baseball got a much-needed boost, as more than 27 million Americans tuned in to see the LA Dodgers’ nail-biting victory over the Toronto Blue Jays on Saturday.
