Usually I frame this discussion in terms of Tesla. Today, we will use Disney as the example and the nosense that takes place.
In this video I cover how Disney "lost $20 billiion" which is obviously misleading. The market cap dropped $20B after the earnings call. So what? This is why the market focus is misguided.
▶️ 3Speak
I guess with the large amount, news outlets are going crazy about it. It kind of reminds me of Fundamental analysis vs Technical analysis in stocks. Technical analysis will point to different data, chart patterns, and other numbers. Fundamental analysis focuses on the overall health of the company.