Hurricane Milton

Hurricane Milton Could Reduce Disney Earnings: Goldman

Goldman Sachs analysts warn that Hurricane Milton may significantly impact Disney's earnings, particularly in its Parks and Experiences segment. They estimate the hurricane could lead to a reduction in earnings before interest and taxes of approximately $150 million to $200 million in Disney’s fiscal first quarter of 2025. This potential...

Hurricane Milton’s Rapid Intensification Is Part Of A Climate-Fueled Trend

Hurricane Milton’s rapid intensification highlights a troubling trend linked to climate change. The storm strengthened from a tropical storm to a Category 5 hurricane in just over 24 hours. In its last 36 hours, Milton’s transformation has been remarkable, as it experienced what experts call “extreme rapid intensification,” with maximum...

Hurricane Milton Intensifies: Category 4 Storm Targets Florida

Hurricane Milton rapidly intensified into a Category 4 storm on Monday, advancing toward major Florida cities, including Tampa and Orlando. With the potential for a dangerous storm surge in Tampa Bay, the region is bracing for possible mass evacuations just weeks after Hurricane Helene caused catastrophic damage along the coastline....