Fast Money Blog- 11/14/25
Along with the re-opening of the U.S. Government, the big story this week on Wall Street was the Q4 2025 earnings release from Applied Materials, Inc. (AMAT).
On Thursday, Nov. 13th, the company reported quarterly revenue of $6.80 billion, down 3% year-over-year.
Unfortunately the U.S. based chipmaking equipment manufacturer has been struggling as of late due to geopolitical tensions and export restrictions from the U.S. to China. It’s important to note that China has been AMAT’s largest market, and this is hurting their bottom line.
For fiscal year 2025, AMAT had a record annual revenue of $28.37 billion, up 4% year over year, despite the fact that revenue in China fell to 28% of total systems and service sales in 2025, down from 37% in 2024.
That said, the company foresees a strong second half of 2026 amid an acceleration in artificial intelligence (AI) infrastructure investments and an increased demand for high-performance memory and logic chips.
Keep in mind that tariffs play a role in semi-conductor product pricing, as the uncertainty around tariffs make production unpredictable. Nonetheless, I see an enormous amount of growth in the semi-conductor sector over the next 3 to 5 years.
In other news, I will go over the earnings release from The Walt Disney Company, Inc. (DIS), simply because it really solidifies the steady demise of linear television.
DIS released earnings for Q4 2025 with top-line revenue of $22.46 billion, about even compared to a year earlier.
For the full fiscal year, revenue rose about 3% year-over-year to $94.43 billion.
The Experiences division, which includes Disney’s six global theme parks, its cruise line, merchandise and video game licensing, brought in quarterly revenue of $1.88 billion, up 13% year-over-year.
Now, let’s turn to the real issue for Disney: their Entertainment division, which includes Linear Networks, Direct-to-Consumer (streaming services) and Content Sales/Licensing.
Overall, quarterly Entertainment revenue dropped 6% year-over-year to $10.21 billion.
And while Disney can say that their direct-to-consumer business, which includes Disney+ and Hulu, reported another quarter of rising subscriber growth and a 8% rise in quarterly revenue, it’s their Linear TV business that keeps taking a hit.
Quarterly revenue in their traditional TV segment fell 16 % year-over-year to $2.1 billion, mostly due to lower advertising revenue amid falling viewership.
Although Disney is a brand we all recognize, I can not recommend it as a long-term investment.
Stay patient and stay positive.
Tyrone Jackson, The Wealthy Investor