Warner Bros

Warner Bros. Discovery`s stock dropped significantly after the company released its second-quarter earnings report, which revealed lower-than-expected revenue and subscriber numbers. The company`s revenue declined across all its business segments, and it recorded substantial impairment charges related to its network business. Despite these challenges, the CEO remains optimistic about the future of the company`s streaming service, Max. However, analysts are skeptical about the company`s current direction and suggest investors wait for a change in strategy before considering investing.