An artist's rendering of an I6 satellite in orbit.InmarsatA second Viasat communications satellite is malfunctioning in orbit, this time from the fleet of recently acquired U.K.-based Inmarsat, the company said on Thursday.The I6 F2 satellite, which Inmarsat launched in February, suffered a failure with its power system while climbing in...
Check out the companies making headlines in extended trading on Thursday.Customers walk through a shopping mall along the Magnificent Mile in Chicago, March 15, 2023.Scott Olson | Getty ImagesAffirm Holdings — The stock added 10.8% after its quarterly results came in better than expected. Affirm posted a loss of 69...
Shares of Dollar Tree fell Thursday and hit a 52-week low, after the retailer said customers' shopping lists have largely narrowed to food and necessities.The discounter joins a growing group of retailers catering to consumers who have become more price-sensitive and selective about spending. Macy's and Foot Locker also...
A person walks past the headquarters of CNN in Atlanta, Nov. 17, 2022.Brandon Bell | Getty ImagesCNN is coming to streaming — again.Warner Bros. Discovery announced Thursday that CNN Max will be added to its Max streaming service Sept. 27, and will serve as a 24/7 live news hub.It...
A person with an umbrella walks by a Boeing 737 Max fuselage parked outside the company's production facility in Renton, Washington, January 10, 2020.Lindsey Wasson | ReutersBoeing said a new manufacturing flaw on its 737 Max will delay deliveries of its bestselling aircraft, the latest setback as the company...
A scene from "Barbie."Courtesy: Warner Bros.It's a "Barbie" world — or at least North America.The collaboration among director Greta Gerwig, Mattel and Warner Bros. Discovery topped $575.4 million at the domestic box office Wednesday, making it the highest-grossing movie of the year in North America.The movie based on the...
Jen-Hsun Huang, CEO, Nvidia.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in the premarket.Nvidia — The chipmaker popped 7% after reporting another blowout quarter that topped Wall Street's estimates. Nvidia also offered optimistic guidance, saying sales will jump 170% during the current period as...
A Shein App is shown in the iOS App Store in Bargteheide, Germany, May 3, 2021.Defodi Images | Defodi Images | Getty ImagesFast-fashion competitors Shein and Forever 21 have joined forces.On Thursday, the retailers announced a deal that will bring together two brands that have a strong following of...
In this photo illustration, a Subway meal is seen on a table at a Subway restaurant on January 12, 2023 in Austin, Texas.Brandon Bell | Getty ImagesRoark Capital is buying Subway, ending the sandwich chain's more than five decades of family ownership and marking a new era for the...
Nvidia headquarters in Santa Clara, California, June 5, 2023.Marlena Sloss | Bloomberg | Getty ImagesCheck out the companies making headlines in extended trading.Splunk — Shares added 11% after an earnings beat. Splunk earned 71 cents per share, after adjustments, on $911 million in revenue. Analysts polled by FactSet had...