PARA, DIS, WBD, NFLX: Earnings & Who's At Most Risk With Hollywood Strikes

Paramount (PARA) is one of the companies most at risk during the Hollywood strikes, notes Jamie Lumley. He talks about how the big question for PARA is how much pressure its traditional revenue streams are under, and it's important to see how management is approaching its longer-term strategy. He discusses media and streaming trends to watch, highlighting Warner Bros. Discovery (WBD), Paramount Global (PARA), Walt Disney (DIS), and Netflix (NFLX). He then goes over the major takeaways from WBD's 2Q earnings. He also previews DIS's earnings which will report on Wednesday. Its adjusted EPS is estimated at $0.99 and revenue is estimated at $22.4B. He then goes over how the Writers Guild of America and the Screen Actors Guild strikes are affecting media companies. Tune in to find out more about the stock market today.