Sep. 13 at 6:11 PM
$DIS Risks are familiar: rising content costs, margin pressure, & streaming competition that isn’t going away. For all the magic branding, Disney is still a media conglomerate wrestling with the same economics as everyone else.
#RKT Notes: The Redfin purchase. Fifty million monthly visitors now feed into a mortgage machine already chained to rate cycles. A funnel. Falling rates. Rates down, volumes up. This is the entire “thesis.” It was true yesterday, it will be true tomorrow. Mr. Cooper promises
$500 million in “synergies.” Redfin synergies. Over
$200 million projected. Allegedly from cost cuts & cross-selling. EPS boost. Analysts raised 2026 EPS forecasts by 11%. The uptick relies on rate declines & synergies.