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Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
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Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection
The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in damages and force schools to share athletics-related revenue with their athletesABC News - Sports
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Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'
"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."CNBC - Business -
'A lot of money on the sidelines': Calamos Investments thinks ETFs should target CD, money market customers
There may be an untapped market for exchange-traded funds.CNBC - Business -
Berkshire shareholders remember Charlie Munger—3 lessons that will make you a better investor
In the first Berkshire Hathaway meeting following the death of Charlie Munger, shareholders shared the best lessons they learned from the billionaire investorCNBC - Business -
Here's where the jobs are for April 2024 — in one chart
Health care and social assistance led the way, while construction hiring slowed.CNBC - Business -
Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
Nihon Global's proposal at Toyo Suisan is a lesson on shareholder activism in Japan.CNBC - Business