Stocks making the biggest moves midday: AFRM, DIS, DNUT, TDG

Check out the companies making headlines in midday trading. Affirm — Affirm shares jumped 17% a day after the fintech company reported fiscal first-quarter revenue that topped expectations. Affirm posted $496.5 million in revenue, more than the $444.5 million consensus estimate, according to FactSet. Virgin Galactic Holdings — Shares...

Read more...

Future of streaming bundles, according to John Malone

In the early days of streaming, Netflix and Hulu promised an on-demand viewing experience with an ever-growing library of movies and TV shows, presenting an alternative to the traditional cable bundle.Today, consumers are cutting the cable cord, but also juggling streaming services, creating a fragmented and confusing experience —...

Read more...

IRS data reportedly shows Buffett traded Berkshire stocks in personal account, according to ProPublica

Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, a practice that he himself in the past deemed a conflict of interest, according to ProPublica on Thursday.The nonprofit news outlet, citing a leak of confidential IRS data, alleged the "Oracle...

Read more...