• 2 months ago
Hurricane Milton, set to strike Florida this week, could impact several key sectors. Comcast and Walt Disney theme parks might face closures and revenue loss as Florida braces for evacuations and emergency responses. Power companies, including Duke Energy and Southern Co., could experience outages and repair costs. Home improvement retailers Home Depot and Lowe’s are expected to benefit from increased demand for restoration supplies. Generac Holdings also surged as demand for generators rose. The insurance sector faces uncertainty, as severe hurricane damage could hurt profits, while a weaker impact may boost earnings due to fewer claims for companies like Berkshire Hathaway and Allstate.

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00:00It's Benzinga, and here's what's on the block.
00:02Hurricane Milton set to strike Florida this week could impact several key sectors.
00:07Comcast and Walt Disney theme parks might face closures and revenue loss as Florida
00:12braces for evacuations and emergency responses.
00:15Power companies including Duke Energy and Southern Co. could experience outages and
00:20repair costs.
00:21Home improvement retailers like Home Depot and Lowe's are expected to benefit from
00:25increased demand for restoration supplies.
00:28Generac Holdings also surged as demand for generators rises.
00:32The insurance sector faces uncertainty as severe hurricane damage could hurt profits,
00:37while a weaker impact may boost earnings due to fewer claims for companies like Berkshire
00:41Hathaway and Allstate.
00:42For all things money, visit Benzinga.com.

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