The entertainment company was trading down Wednesday morning, despite posting better-than-expected earnings on Tuesday. The biggest drag could be coming from "concern around ESPN and the decline in subscribers there," says Jason Ware, chief investment officer and chief economist at Albion Financial Group.
For the full interview, [click here](https://cheddar.com/videos/disney-beats-the-street-as-black-panther-sends-revenue-soaring).
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
