3 Surprises From Disney, YouTube, Amazon in First Earnings Season of 2020

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“Companies have to be transparent in order to succeed and find support from their investors,” analyst Sarah Henschel says


Earnings season can be a bit boring. Not this time. The latest round stood out because several tech and media giants — including Disney, Amazon and Alphabet, Google’s parent company — shared surprising updates about their businesses. Other companies raised eyebrows for what they didn’t share. “As competition increases in the streaming space, companies are revealing more behind their successes and/or losses that may have been more vague in the past,” Sarah Henschel, an analyst with IHS Markit, said. “With more [entering] the streaming game, companies have to be transparent in order to succeed and find support from their investors.” To recap, here are three eye-popping surprises of this earnings season: YouTube: the cash cow Let’s start with YouTube.

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