Warner Bros Discovery Inc
Trade talks will be key next week for a market striving to leave tariff turmoil behind
Trade talks will continue to be critical in the week ahead, as equities mount an impressive rally on hopes the U.S. economy is strong enough to weather the fallout from Trump’s tariffs. The S & P 500 has made a huge comeback since the post-April 2 sell-off, recouping all its losses after the latest jobs […]
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Netflix stock is trading at all-time high levels in unprecedented win streak
Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever. Stock Chart IconStock chart icon Netflix stock since April 17. Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four […]
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Warner Bros. Discovery starts Max password-sharing crackdown
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery is taking a page out of Netflix’s playbook. In an apparent move to crack down on password sharing outside the home, the company’s streaming service Max has launched a new feature it is calling Extra Member Add-On. Similar to Netflix’s paid sharing model, the new […]
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Netflix earnings are after the bell. Here’s what to expect
Beata Zawrzel | Nurphoto | Getty Images Netflix is due to report first-quarter earnings after the closing bell Thursday. The report marks the first time that the streaming giant isn’t disclosing quarterly subscriber data as it shifts its strategy to focus on revenue and other financial metrics as performance indicators. Netflix’s earnings also come as […]
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Hollywood’s Chinese box office was already in decline even before Trump’s tariffs
Posters of film ‘Despicable Me 4’, film ‘Stand By Me’ and film ‘A Legend’ are displayed at the entrance of a cinema on July 16, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images Hollywood is being pulled into President Donald Trump’s trade war. After Trump escalated tariffs on Chinse imports earlier […]
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Stocks making the biggest moves midday: Capri, Janover, Harley-Davidson, CarMax, U.S. Steel and more
Check out the companies making headlines in midday trading: CarMax — The stock sank 20% after the used car retailer’s fiscal fourth-quarter earnings fell short of Wall Street’s expectations. Earnings came in at 58 cents per share, versus the 65 cents anticipated from analysts polled by LSEG. Harley-Davidson — The motorcycle stock dropped 12% after […]
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‘Minecraft’ box office jolt offers hope for the summer slate
Jack Black, Jason Momoa, and Sebastian Hansen as seen in Warner Bros. and Legendary Entertainment’s “A Minecraft Movie.” Warner Bros. Warner Bros.’ struck gold over the weekend. “A Minecraft Movie,” the studio’s co-production with Legendary Entertainment, snapped up $163 million at the domestic box office during its debut. The movie not only set a record […]
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Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
In this article NMAX Follow your favorite stocksCREATE FREE ACCOUNT A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 29, 2022. Callaghan O’hare | Reuters Shares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric […]
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Venu is done. Here’s how Fox, Disney and WBD plan to go it alone in sports streaming
An advertisement for Venu Sports, the sports streaming venture by Disney, Warner Bros. Discovery and Fox, hangs at the Fanatics Fest event in New York City on Aug. 16, 2024. Jessica Golden | CNBC With Venu done before it even got out of the starting blocks, Fox Corp., Disney and Warner Bros. Discovery have been […]
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Stocks making the biggest moves midday: Nvidia, Snowflake, Rolls-Royce and more
Check out the companies making headlines in midday trading. Nvidia – Shares dropped about 3% despite the chipmaker’s fourth-quarter earnings and revenue and current quarter revenue forecast beating analyst estimates. Nvidia’s fourth-quarter gross prfiofit margin declined, and its latest revenue topped foreasts by the smallest amount in two years . EBay – The e-commerce platform […]
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