Paramount Global
'Dune: Part Two' looks to end box office drought with $80 million opening
Timothee Chalamet stars as Paul Atreides in Denis Villeneuve’s “Dune: Part Two.” Warner Bros. | Legendary Entertainment LOS ANGELES — Movie theater operators are hoping that Warner Bros. and Legendary Entertainment’s “Dune: Part Two,” due out in theaters Friday, will be the much-needed oasis amid a drought of blockbuster content. Since the start of the […]
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CNBC Day by day Open: Markets brace for Fed's essential inflation gauge
A trader performs all through the closing bell at the New York Inventory Exchange (NYSE) on March 17, 2020 at Wall Street in New York Metropolis. Johannes Eisele | Afp | Getty Visuals This report is from present-day CNBC Every day Open up, our global marketplaces publication. CNBC Daily Open delivers buyers up to speed […]
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CNBC Each day Open up: Wall Avenue on edge in excess of Fed's crucial inflation gauge
A trader functions, as a screen displays a news meeting by Federal Reserve Board Chairman Jerome Powell next the Fed charge announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | Reuters This report is from present-day CNBC Each day Open up, our […]
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Paramount falls short of revenue expectations but posts surprise profit, strong streaming results
Paramount Global missed revenue expectations for the fourth quarter on Wednesday but posted a surprise quarterly profit and posted strong results from its streaming platform Paramount+. Here’s how Paramount performed in the fourth quarter compared to Wall Street estimates from LSEG, formerly known as Refinitiv: Earnings per share: 4 cents vs. an expected loss of […]
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CNBC Everyday Open up: Individuals' temper on the overall economy sinks
U.S. President Joe Biden speaks with employees although going to CS Wind, the greatest wind tower producer in the environment, in Pueblo, Colorado, U.S., November 29, 2023. Evelyn Hockstein | Reuters This report is from today’s CNBC Day-to-day Open up, our global markets publication. CNBC Every day Open delivers investors up to velocity on everything […]
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Warner Bros. Discovery halts merger talks with Paramount Global, sources say
President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Warner Bros. Discovery has gone “pencils down” on a potential acquisition of Paramount Global, halting talks after several months of kicking the tires […]
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Berkshire Hathaway is 1 of the most overbought shares on Wall Street. Listed here are the other individuals
Shares of Warren Buffett ‘s Berkshire Hathaway arrived at a 52-7 days higher Friday — but the inventory may well quickly practical experience a pullback, in accordance to 1 popular metric. The inventory has jumped 8.7% this thirty day period alone including to a 17% yr-to-date increase. Megacap chipmaker Nvidia ‘s blockbuster earnings announcement on […]
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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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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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Berkshire Hathaway when yet again keeps new inventory purchase secret, trims huge Apple stake
Warren Buffett’s Berkshire Hathaway questioned regulators to preserve its new inventory invest in solution for a next quarter in a row, when the conglomerate trimmed its significant Apple stake a little in the fourth quarter, according to a new regulatory filing. Berkshire asked for that the Securities and Trade Fee keep the aspects of a […]
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