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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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WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers. Fourth-quarter revenue for the streaming segment, […]
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Stock futures tick higher after S&P 500 snaps four-day losing streak, Nvidia rises after earnings: Live updates
A trader works on the floor at the New York Stock Exchange on Feb. 24, 2025. Brendan Mcdermid | Reuters Stock futures ticked higher early Thursday as investors digested Nvidia‘s latest results. Futures tied to the S&P 500 inched higher. Nasdaq 100 futures added 0.28%. Dow Jones Industrial Average futures added 65 points, or 0.15%. […]
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Nvidia and PCE will have to deliver next week for a stock market in search of direction
A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s […]
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AEW CEO Tony Khan says he wants to keep company private to pass it down to his kids
All Elite Wrestling, the upstart professional wrestling league, will remain a privately-held family business instead of pursuing an initial public offering, according to founder and co-owner Tony Khan. Khan told CNBC Sport he had no interest in going public because he wants to pass the league down to his kids — who haven’t been born […]
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Fox reveals plans to launch subscription streaming service this year
FILE PHOTO: A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York. Shannon Stapleton | Reuters Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s aiming to launch […]
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