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California Attorney General Announces $2.75M CCPA Settlement With The Walt Disney Company (DIS)

The Walt Disney Company (NYSE:DIS) is among the 11 Best Entertainment Stocks to Buy According to Wall Street.

On February 13, 2026, California Attorney General Rob Bonta announced a $2.75 million settlement with The Walt Disney Company (NYSE:DIS) over allegations that it violated the California Consumer Privacy Act by failing to fully honor consumers’ requests to opt out of the sale or sharing of their data across devices and streaming services tied to Disney accounts. Under the settlement, Disney must pay civil penalties and implement opt-out mechanisms that completely stop the sale or sharing of consumers’ personal information. Bonta said the agreement represents the largest settlement to date under the CCPA and emphasized that businesses cannot require consumers to opt out on a device-by-device or service-by-service basis.

Earlier, on February 3, 2026, Disney announced that its board unanimously elected Disney Experiences chairman Josh D’Amaro to succeed Robert Iger as CEO, effective March 18 at the company’s annual meeting. The board also intends to appoint D’Amaro as a director following the meeting. Dana Walden, co-chairman of Disney Entertainment, was named president and chief creative officer, also effective March 18. Iger will remain a senior advisor and board member until his retirement on December 31.

Also on February 3, Rosenblatt analyst Barton Crockett lowered his price target on Disney to $130 from $139 and maintained a Buy rating, saying fiscal Q1 earnings topped consensus but describing management commentary as “uninspiring.” He noted that while Disney retained guidance for double-digit EPS growth, growth is expected to stall across segments in Q2, with results weighted toward the back half of the year.

The same day, Morgan Stanley analyst Thomas Yeh resumed coverage with an Overweight rating and a $135 price target, citing what he sees as a compelling risk/reward profile. The firm expects double-digit adjusted earnings growth in fiscal 2026 and beyond and described core streaming and parks trends as healthy, with potential acceleration in the second half.

The Walt Disney Company (NYSE:DIS) operates as a global entertainment company through its Entertainment, Sports, and Experiences segments.

While we acknowledge the potential of DIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DIS and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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