Paramount Global

CNBC Day by day Open: Markets brace for Fed&#x27s essential inflation gauge
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CNBC Day by day Open: Markets brace for Fed&#x27s 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&#x27s crucial inflation gauge
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CNBC Each day Open up: Wall Avenue on edge in excess of Fed&#x27s 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
Business

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&#x27 temper on the overall economy sinks
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CNBC Everyday Open up: Individuals&#x27 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
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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
World

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
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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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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Berkshire Hathaway when yet again keeps new inventory purchase secret, trims huge Apple stake
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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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'Anyone But You' could spark a rom-com renaissance in Hollywood
Business

'Anyone But You' could spark a rom-com renaissance in Hollywood

Glen Powell and Sydney Sweeney star in Sony’s “Anyone But You.” Sony Released just before the crowded Christmas movie season, Sony’s “Anyone But You” seemed destined to be anything but a box-office hit — especially after it tallied just $6 million in ticket sales during its opening weekend. However, the film’s box-office success was as […]

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