[ad_1] Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases. The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number …
Read More »
[ad_1] Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending …
Read More »
[ad_1] ON Semiconductor Corp: “Right now, I’ve got a pause on the semis. Why? Because we’ve got so many problems right now in China.” Dutch Bros Inc: “I want you to put half the position on now, and then half when it goes below $30. … I like the stock, …
Read More »
[ad_1] Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series like “Stranger Things,” and along the way has racked up 226 awards. Since going public in 2002, the …
Read More »