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Your Best Option: Bill Baruch's options play in Uber
  + stars: | 2024-06-06 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYour Best Option: Bill Baruch's options play in UberBill Baruch, Founder & President of Blue Line Capital, joins CNBC’s “Halftime Report” to detail his latest Uber trade.
Persons: Baruch's, Uber Bill Baruch Organizations: Blue Line
In light of a pessimistic quarterly report from Paramount, Bill Baruch, president of Blue Line Futures said he'll keep an eye out on Disney 's earnings Wednesday after the bell. "Ultimately, subscriber growth rebounding is going to be the key thing," referring to the company's streaming platform Disney+. He noted that Disney+ lost 2.4 million subscribers last quarter after losing a subscription deal in India. However, he said Disney is now expected to bring back 2.2 million subscribers for Disney+, 716,000 subscribers for ESPN and about 300,000 Hulu subscribers. "Bringing those subscribers back we'll get them on pace for getting about 10 million subscribers in the current year and that's going to be crucial," he said.
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