Netflix Inc
Apple is the only tech giant that nevertheless hasn’t declared layoffs — these charts may perhaps demonstrate why
An employee cleans a window at Apple Inc.’s new Canton Highway store in the Tsim Sha Tsui district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images Numerous of the greatest technological innovation organizations are laying off team as fears of a economic downturn rises. But the job cuts occur immediately after a […]
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Microsoft, Amazon and other tech companies have laid off more than 60,000 employees in the last year
Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Images The job cuts in tech land are piling up, as companies that led the 10-year bull market adapt to a new reality. Microsoft said Wednesday that it’s letting go of 10,000 employees, […]
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5 things to know before the stock market opens Tuesday
A trader works on the trading floor at the New York Stock Exchange (NYSE), January 5, 2023. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Back at it Welcome back from the holiday weekend. It’s only been two weeks, but 2023 has been […]
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Earnings playbook: Netflix and Goldman Sachs headline another large 7 days of reports
It is a shortened 7 days, but there are nonetheless numerous huge quarterly earnings experiences slated for release. Goldman Sachs and Morgan Stanley are anticipated to write-up their fourth-quarter earnings Tuesday, wrapping up the season for huge financial institutions. In the meantime, Netflix stories Thursday, with investors keen to see how the enterprise is faring […]
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A busier movie calendar will lead to a 15% jump in box office sales, JPMorgan predicts
Slow and steady will win the race at the box office this year, according to JPMorgan analyst David Karnovsky. He is predicting a 15% year-over-year jump in North American movie ticket sales to $8.49 billion in 2023. The double-digit gain is driven by two factors. The first is tied to the depressed state of the […]
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Cramer’s week ahead: Wait before trading on company earnings
CNBC’s Jim Cramer on Friday warned investors not to make trading decisions fresh off a company’s earnings report. Stocks made a comeback on Friday after falling initially on quarterly earnings reports and recession warnings from major banks. All three major indexes ended the week up, as investors digested a slate of earnings reports and economic […]
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Corporate earnings reports in the 7 days in advance could present irrespective of whether you can find an ‘earnings recession’
Investors in the 7 days ahead will emphasis on how substantially inflation and the slowing financial system have chiseled away at corporate profits, as providers such as Goldman Sachs , Netflix and Procter & Gamble report earnings. Shares have been bigger in the past week, with the sector getting a improve from early new year […]
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Hasbro delays new Dungeons & Dragons licensing rules following fan backlash
Set of pen, notebook, and dices to play role game like dungeons and dragons. Purple bag to storage the dices. in Barcelona, CT, Spain Cavan Images | Istock | Getty Images Dungeons & Dragons fans were ready to roll for initiative against Hasbro after the company attempted to rewrite its two-decade-old open game license in […]
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WWE’s smaller rival AEW interested in merger, sources say
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment, according to people familiar with the matter. The Khans, who […]
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Disney board exposed itself to activist intervention, but Peltz may be overreaching
Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s Jim Cramer and […]
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