Trump Media Stock Looks to Extend Bear Gap
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02Apr
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02Apr
Steve Eisman says the Fed shouldn’t cut rates, risks creating a stock market bubble if it does
Key PointsNeuberger Berman portfolio manager Steve Eisman said the Fed would be better off just staying put as the economy shows continuing signs of strength and inflation eases."Why would you cut? My actual fear is that if the Fed were actually to cut rates, the market becomes bubblicious and...
02Apr
Stocks making the biggest moves premarket: PVH, UNH, CVS
Check out the companies making headlines before the bell. PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. The retailer surpassed quarterly estimates on the top and bottom lines, but warned of...
02Apr
Disney cinematic drought primed Peltz proxy fight
Harrison Ford returns as Indiana Jones in "Indiana Jones and the Dial of Destiny."DisneyDisney has struggled to return to the lofty box office records of 2019 — and that may have helped open the door for its recent troubles with activist Nelson Peltz.Just four years ago, the studio had...
02Apr
Bally’s shareholders wage battle over ownership, development projects
An exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. At stake: ownership, its status as a...
02Apr
Streaming platforms are shrinking their content libraries
Every day the streaming landscape is looking more and more like the beast it sought to slay — cable.Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns,...