Why is Disney stock only going down after Q1 report, which were good?


Man, I just don't understand stock market, Disney has good Q1 earnings, Disney+ finally turns profit, it has major releases this year, so it takes -10% for last month.

In other turn, TESLA is burning pile of garbage, literally every product has flaws, their cars are withdrawn because of major safety issues and they don't deliver features which they previously promoted (isn't that fraud?), so naturally it's +10% for last month.

Can someone explain this? How does it work? Is whole market just “bigger fool” or gambling on “potential growth” now?


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