3 Crypto Stocks Riding the Bitcoin Wave
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Disney is back. After several quarters of cutting costs and revamping its streaming business, CEO Robert Iger's turnaround plans is paying off: On Thursday, the entertainment giant reported strong quarterly earnings and a robust outlook for the coming year. Revenue in the fiscal fourth quarter totaled $22.57 billion, topping...
Check out the companies making headlines in midday trading: Disney — The media stock popped 7% on stronger-than-expected earnings and guidance, aided by growth in its streaming business. The company said it expects high-single-digit adjusted earnings growth in fiscal 2025. Capri , Tapestry — Both luxury apparel stocks rose...
Scene from the FX series Shogun.Source: Disney | FXDisney has done the math on separating its TV networks business, and it appears too messy to be done — at least for now.The company's chief financial officer, Hugh Johnston, said Thursday on CNBC's "Squawk Box" that the "cost is probably...
Baupost's Seth Klarman took a sizable stake in discount store Dollar General last quarter, while exiting Michael Kors-owner Capri before its megadeal to merge with Tapestry was blocked by regulators. The notable hedge fund investor built a $195 million stake in Dollar General, making it his eighth biggest holding...
A customer shops in the ready to eat meals aisle of a grocery store on October 17, 2024 in Miami, Florida. Joe Raedle | Getty ImagesWholesale prices nudged higher in October, though largely in line with expectations and mostly consistent with the Federal Reserve cutting interest rates again in December,...
Check out the companies making headlines before the bell. Disney – Shares popped more than 9% after the company's fiscal fourth-quarter results beat analysts' estimates . For the period, Disney earned $1.14 per share, after adjustments, on revenue of $22.57 billion. That's above earnings of $1.10 per share on...
Disney is back. After several...
Check out the companies making...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
With years of experience dissecting and evaluating the evolving fintech landscape, Fintech Review has become a trusted name in providing insightful, comprehensive, and unbiased reviews of tech-related financial products and services. From the latest advancements in blockchain and cryptocurrencies to cutting-edge payment platforms, robo-advisors, and beyond, Fintech Review keeps a pulse on the innovations that are redefining the financial industry.
United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023.Rebecca Cook | ReutersDETROIT – The United Auto Workers union is expanding its strike to a Stellantis plant in Michigan...
“The short-term technical outlook is neutral, as potential resistance overhead and support below are almost equidistant …the risk of delta-hedge selling begins if...
Shapecharge | E+ | Getty ImagesThe federal estate-tax exemption helps wealthy families avoid or reduce inheritance tax, but the clock is ticking on the size of this advantage.In 26 months, some families that pay no inheritance tax today face the potential for sizeable federal taxes unless benefactors act. Though...
As the last quarter of 2023 begins, clients will likely be asking advisors whether they’re subject to required minimum distributions. That used to be an easy question to answer both for individual retirement account owners and beneficiaries. However, as a result of the confluence of changes made by the...
Check out the companies making headlines before the bell. Chevron , Hess — Chevron shares slumped more than 2% after the oil giant said its buying smaller rival Hess in an all-stock deal totaling $53 billion, or $171 a share. Hess shares moved slightly higher. Apple — Apple shares...