A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth […]
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Chinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games, advertising and cloud services. […]
Home Depot‘s quarterly sales rose more than 6% year over year, as it folded in a newly acquired business and hurricane-related repairs and better weather in many parts of the country boosted demand for home improvement supplies, the company said Tuesday. The retailer also raised its full-year outlook to reflect its better-than-expected results. It now […]
The SoftBank Corp. logo displayed on a glass door of the company’s store in Tokyo, Japan, on Wednesday, May 8, 2024. SoftBank Group Corp. is scheduled to announce its earnings figures on May 13. Photographer: Toru Hanai/Bloomberg via Getty Images Toru Hanai | Bloomberg | Getty Images Japanese giant SoftBank logged a 608.5 billion yen […]
CNBC’s Jim Cramer on Friday identified what to look out for next week on Wall Street, highlighting earnings from Home Depot, Disney and new consumer price index data from the Labor Department. Cramer also reflected on the Trump-fueled market rally over the past few days, saying there are likely more gains to come. “Stocks are […]
AMC Networks — the company behind such cable channel brands as AMC, IFC and Sundance TV, as well as such streaming services as AMC+, Acorn TV and horror streamer Shudder — reported a 10 percent drop in third-quarter U.S. advertising revenue to $133 million on Friday. It cited “linear ratings declines and a challenging ad market, partly offset by digital […]
AMC Networks reported its third-quarter 2024 earnings Thursday. The quarter saw U.S. ad sales drop 10% to $133 million for the media company, but a slight increase in streaming subscribers to AMC Networks’ platforms from 11.6 million to 11.8 million. Wall Street forecast earnings per share (EPS) of 62 cents on $587.6 million in revenue, […]
Omar Marques | Lightrocket | Getty Images Shares of banks climbed on Wednesday as investors look toward Donald Trump’s victory in the presidential election and bet it will lead to less regulation for the sector. The SPDR S&P Bank ETF (KBE)which tracks a broad range of financial institutions, rallied nearly 12%. The SPDR S&P Regional […]
A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. – the parent company of BK- in new and existing markets. Joan Cros | NurPhoto | Getty Images Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as domestic same-store sales growth […]
CNBC’s Jim Cramer on Friday walked investors through next week’s market action, highlighting the Federal Reserve’s next meeting and earnings from Super Micro Computer. Despite the slew of earnings next week, Cramer said the presidential election will steal Wall Street’s attention. “Even with all these earnings reports coming next week, at the end of the […]
