Media

Warner Bros. Discovery is hyping no cost cash movement. Traders don&#x27t seem to be shopping for it
World

Warner Bros. Discovery is hyping no cost cash movement. Traders don&#x27t seem to be shopping for it

The “Bobs” from the movie Office Place Source: 20th Century Fox | YouTube Listening to Warner Bros. Discovery Chief Govt Officer David Zaslav discuss on Friday’s fourth-quarter earnings phone calls, I couldn’t assist but imagine of a scene in the motion picture “Workplace Place.” An worker named Tom satisfies with two consultants, both equally named […]

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Nvidia briefly surpasses  trillion in sector cap throughout intraday investing
Technology

Nvidia briefly surpasses $2 trillion in sector cap throughout intraday investing

Nvidia CEO Jensen Huang speaks onstage throughout The New York Situations Dealbook Summit 2023 at Jazz at Lincoln Heart in New York Town on Nov. 29, 2023. Slaven Vlasic | Getty Illustrations or photos Nvidia briefly surpassed $2 trillion in sector cap through intraday investing Friday subsequent the company’s rosy earnings report Wednesday — but […]

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Warner Bros. Discovery misses estimates for revenue and profit but boosts free cash flow
Business

Warner Bros. Discovery misses estimates for revenue and profit but boosts free cash flow

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, U.S. May 2, 2023. Alyssa Pointer | Reuters Warner Bros. Discovery missed analyst targets for both profit and revenue in the fourth quarter but […]

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Walmart to buy TV maker Vizio for .3 billion in move to grow its ad business
Business

Walmart to buy TV maker Vizio for $2.3 billion in move to grow its ad business

Vizio televisions are displayed at a store in San Rafael, California, on Feb. 13, 2024. Justin Sullivan | Getty Images Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. […]

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India’s Zee Enjoyment pops 10% on report that  billion merger with Sony is getting revived
World

India’s Zee Enjoyment pops 10% on report that $10 billion merger with Sony is getting revived

The deal, introduced more than two many years in the past, was perceived as crucial for the survival of the corporations in a remarkably competitive industry. Bloomberg | Bloomberg | Getty Illustrations or photos Shares of India’s Zee Amusement jumped far more than 10% on Tuesday right after a report that its $10 billion merger […]

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Companies — profitable or not — make 2024 the year of cost cuts
Business

Companies — profitable or not — make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]

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Pay TV distributors may be planning their attack against new sports joint venture
Business

Pay TV distributors may be planning their attack against new sports joint venture

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images It’s been about a week since Disney, Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out […]

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Richard Branson and Oppenheimer&#x27s grandson urge action to halt AI and weather &#x27catastrophe&#x27
World

Richard Branson and Oppenheimer&#x27s grandson urge action to halt AI and weather &#x27catastrophe&#x27

Richard Branson thinks the environmental fees of space travel will “occur down even further more.” Patrick T. Fallon | AFP | Getty Visuals Dozens of higher-profile figures in company and politics are calling on environment leaders to tackle the existential pitfalls of synthetic intelligence and the local weather disaster. Virgin Team founder Richard Branson, alongside with […]

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Lyft CEO will take blame for &#x27extra zero that slipped into&#x27 earnings launch
Technology

Lyft CEO will take blame for &#x27extra zero that slipped into&#x27 earnings launch

Lyft CEO David Risher took duty for the key error that appeared in the firm’s fourth-quarter earnings launch, telling CNBC’s “Squawk Box” that it can be “tremendous frustrating” for anyone on the staff. Shares of the journey-hailing business soared a lot more than 60% immediately after the report arrived out late Tuesday because the push […]

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Listed here&#x27s what Meta CEO Mark Zuckerberg has to say about the Apple Vision Pro
Technology

Listed here&#x27s what Meta CEO Mark Zuckerberg has to say about the Apple Vision Pro

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift digital reality (VR) headset and Oculus Contact controllers throughout the Oculus Hook up 3 occasion in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Visuals Meta CEO Mark Zuckerberg shared his feeling of Apple‘s new combined-fact headset, the Vision […]

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