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Pharmaceutical Sector Struggles and Disney's Stock Dynamics
This chapter examines the recent challenges in the pharmaceutical industry, highlighting Amgen's share drop and Merck's disappointing forecasts due to adverse industry developments. It also shifts focus to Disney's stock performance, exploring its streaming services in comparison to competitors and the potential for growth amidst subscriber losses. The discussion includes the implications of strategic shifts in advertising and innovations in the tech sector, culminating in an analysis of market reactions to various firms like Estee Lauder.