Latest in Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth
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Warner Bros. Discovery Swings to Quarterly Profit on Strong Streaming Growth
The entertainment company swung to its first quarterly profit in more than two years after it posted better-than-expected growth in streaming subscribers.Business - The Wall Street Journal - November 7 -
Warner Bros. Discovery posts upbeat Max subscriber growth, sending stock higher
The company also posted a profit for the third quarter, while analysts had been expecting a loss.Business - MarketWatch - November 7 -
Here’s when Adam Silver thought Warner Bros. Discovery might lose its NBA broadcast deal
Of the negotiations, Silver said: “It wasn’t a longtime relationship with the people currently running Warner Bros. Discovery.”Business - MarketWatch - November 2 -
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump
Warner Bros. Discovery said its streaming platform Max added 7.2 million subscribers during the third quarter.Business - CNBC - November 7 -
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer's largest single-quarter jump
Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter.Top stories - NBC News - November 7 -
NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
The NBA and WBD have agreed to end all legal disputes, allowing the league to move forward with new media partners Comcast, Disney and Amazon.Business - CNBC - 3 days ago -
TNT's 'Inside the NBA' headed for ESPN and ABC after Warner Bros. Discovery settlement
Warner Bros. Discovery agreed to end its quest to own a package of live National Basketball Association games in the U.S. for the 2025-26 season and beyond, settling all of its legal disputes with ...Top stories - NBC News - 3 days ago -
Google’s strong earnings boosted by cloud computing gains
Parent company Alphabet’s shares rise 6% as results show lift from AI demandBusiness - Financial Times - October 30 -
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.Business - CNBC - October 23 -
Hermès defies luxury gloom with strong sales
Paris house posts solid growth in contrast to rivals Kering and LVMHBusiness - Financial Times - October 24 -
Warner Bros. Hints At More Batman As Part Of Its New Games Strategy
During an earnings call this week, Warner Bros. confirmed that its games division had underperformed in 2024, and going forward, the company plans to refocus efforts on four key IP pillars, ...Tech - GameSpot - November 8 -
Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”Tech - ABC News - November 14 -
Britvic Profit Rises on Strong Demand, Brazil Performance
The U.K. soft-drinks company said the preliminary results were due to strong demand for Pepsi and Tango, as well as improved trading in Brazil.Business - The Wall Street Journal - Yesterday -
Warner Bros. Games Lost Enormous Amount Of Money This Year, CEO Blames Lack Of "Consistency"
During today's Warner Bros. Discovery Q3 earnings call , CEO David Zaslav commented on the company's gaming and film divisions, and how they'll be expected to "deliver more consistency" with their ...Tech - GameSpot - November 7 -
It's winter in Stars Hollow! Stroll through the 'Gilmore Girls' town on this cozy Warner Bros. tour
Guests will see Luke's Diner, Lorelai and Rory's house, the town's gazebo, Mrs. Kim's Antiques and — yes — a Bjork-inspired snowperson.Entertainment - Los Angeles Times - November 8 -
The Giant Warner Bros. 25-Film Collections Are Just $50 At Amazon Right Now
Looking to add a heap of new films to your collection for cheap? Then check out these four WB 100th Anniversary 25-Film Collections, which compile some of the best Warner Bros. movies of the past ...Tech - GameSpot - 10 hours ago -
Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth
The Italian lender reported third-quarter net profit and revenue growth ahead of expectations, led by higher income from fees and commissions.Business - The Wall Street Journal - November 8 -
Nvidia shares fluctuate as investors digest third-quarter earnings
Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.Business - CNBC - 1 hour ago -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.Business - The Wall Street Journal - October 25 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.Business - The Wall Street Journal - October 30 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have topped expectations.Tech - The New York Times - October 31 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - November 6 -
Sony raises guidance on gaming strength, quarterly operating profit beats estimates
Sony raised sales guidance for the full year and posted operating profit that smashed analyst expectations after a strong quarter for its gaming business.Business - CNBC - November 8 -
Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - Yesterday -
STMicroelectronics Sees Slowing Sales and Profit Growth
STMicroelectronics delayed a key sales target it hoped to hit much earlier, and cut its gross margin forecast, as the chip inventory glut that has plagued the industry in recent years continues to ...Business - The Wall Street Journal - Yesterday -
AMD shares fall as forecast fails to impress despite strong AI growth
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.Business - CNBC - October 30 -
Amazon beats Wall Street expectations with strong cloud business growth
Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast. Amazon became the latest of the “magnificent seven” tech giants to report quarterly earnings on ...World - The Guardian - October 31 -
Hong Kong Exchange Operator's Profit Rises on Strong Trading, Listings
Hong Kong’s stock-exchange operator reported higher profit for the second straight quarter as improved market sentiment boosted trading and listing activity.Business - The Wall Street Journal - October 23 -
Virgin Galactic building the foundation for strong future profitability, KeyBanc says
Virgin Galactic Holdings Inc.’s progress toward its new class of spacecraft bodes well for the company’s future profitability, according to KeyBanc Capital Markets.Business - MarketWatch - November 7 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesTech - ABC News - November 8 -
Sony reports healthy profits on strong sales of sensors and games
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network servicesEntertainment - ABC News - November 8 -
Disney stock surges on streaming growth, guidance
Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.Business - CNBC - November 14