[ad_1] In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global‘s stock got a boost Tuesday after Warren Buffett’s Berkshire Hathaway upped its stake, a fresh signal that the media and entertainment company could …
Read More »Taiwan Semi, Paramount Global and more
[ad_1] Check out the companies making headlines in after-hours trading. Taiwan Semiconductor Manufacturing — Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it now has a $4.1 billion stake in the company. It’s a new position for Buffett’s firm. related investing news Paramount Global — Shares …
Read More »Wakanda Forever’ aims to break box office records
[ad_1] Angela Bassett stars as Queen Ramonda in Marvel’s “Black Panther: Wakanda Forever.” Disney Long live the king. Disney’s latest entrant in the Marvel Cinematic Universe, “Black Panther: Wakanda Forever,” is on pace for a stellar theatrical debut this weekend, with box office analysts suggesting it could outpace the $185 …
Read More »LAPD captain warned CBS about Les Moonves sexual assault claim, NY AG says
[ad_1] Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make additional payments to settle an investigation by the New York State Attorney General’s office, which disclosed further allegations involving …
Read More »Paramount Global (PARA) earnings: TV revenue falls
[ad_1] Paramount Global on Wednesday reported third-quarter revenue that was up 5% from a year ago, but the results missed expectations as it suffered from cord cutting and a drop in advertising revenue. Its shares were down about 10% on Wednesday. Here’s what the company reported compared with analysts’ expectations, …
Read More »Fox earnings lifted by ad revenue from Tubi streaming service
[ad_1] Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for …
Read More »5 things to know before the stock market opens Tuesday, November 1
[ad_1] Trader on the floor of the NYSE, Oct. 28, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Looking ahead October was a volatile but ultimately successful time for stocks. The Dow rose nearly 14%, the composite’s best month …
Read More »Wynn Resorts, TuSimple, Newell Brands, First Solar and more
[ad_1] This photograph taken on October 20, 2022 shows the signage of Wynn Casino resort with the Grand Lisboa and Casino Lisboa in the backdrop in Macau. Eduardo Leal | AFP | Getty Images Check out the companies making headlines in midday trading. Wynn Resorts — Shares of the casino …
Read More »Wells Fargo downgrades Paramount to underweight, sees shares declining more than 30% from here
[ad_1] It’s time to sell Paramount as it struggles with both its cable and streaming businesses, according to Wells Fargo. Analyst Steven Cahall downgraded shares of Paramount to underweight from equal weight, saying that his view on cable and streaming TV has worsened in the past few weeks. Cahall previously …
Read More »I like Procter & Gamble over Walmart
[ad_1] Iron Mountain Inc: “Right now I don’t want to back away from it. … We may have to do new work on Iron Mountain to see if it’s as safe as we think it is.” McKesson Corp: “[Buy.]” Disclaimer: Cramer’s Charitable Trust owns shares of Procter & Gamble and …
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