During midday trading, several companies saw significant movement in their stock prices based on the release of their quarterly earnings reports. Some companies experienced positive outcomes, while others faced disappointment from investors and analysts. Among the winners during midday trading were companies like Apple, Cloudflare, DoorDash, Clorox, Twilio, GoDaddy, and Coterra Energy. These companies either
Disney recently made some changes to their release schedule, including the removal of a Marvel Studios movie that was originally set for July 24, 2026. This shift in the release calendar may have fans wondering about the reasoning behind the decision. While it is not uncommon for studios to adjust their schedules for various reasons,
Warren Buffet’s Berkshire Hathaway is set to announce a record-breaking cash pile that could exceed $200 billion, more than the entire GDP of Hungary. This news comes as a surprise to many, as Buffet has historically been known for his shrewd investment strategies and ability to generate substantial returns on his investments. The increase in
The 2024 Paris Olympics are proving to be a turning point for women’s sports, with lesser-known sports and women’s teams receiving significant financial backing. One of the notable contributions this year has been made to the USA women’s rugby sevens team. Investor Michele Kang announced a generous $4 million gift to support the team earlier
The recent drop in the US dollar to a four-month low is a reflection of the impact of weaker than expected employment data for July. Employers added only 114,000 jobs, falling short of expectations for an increase of 175,000 jobs. The disappointing data has raised expectations that the Federal Reserve will cut interest rates by
Striking video game voice actors and motion-capture performers recently took to the streets in front of Warner Bros. Games to protest the increasing threat of artificial intelligence to their professions. These workers expressed their concern that AI technology was being used to replicate their voices and likeness without their consent, posing a significant risk to
The Bank of England recently made the decision to cut interest rates from a 16-year high, with governor Andrew Bailey leading the 5-4 decision to reduce rates by a quarter-point to 5%. This move came after a tight vote by policymakers who were split over whether inflation pressures had eased sufficiently. The central bank’s decision
Eli Lilly’s weight loss drug, Zepbound, has recently shown promising results in patients suffering from a common type of heart failure and obesity. The late-stage trial data released by the company demonstrated that the drug not only aids in weight loss but also provides various health benefits that could potentially lead to broader insurance coverage
The movie theater industry has seen a noticeable shift in film releases in the first half of 2024. Marcus Theatres recently reported a soft April and May, which can be attributed to the lack of tentpole films during that time. CEO Greg Marcus highlighted the importance of having a balanced slate of films, including both
When Hershey released its second-quarter results, investors were disappointed to see that the company missed analyst expectations. The chocolate maker’s shares were down 7% in premarket trading, as it reported earnings of $1.27 per share on revenue of $2.07 billion. This fell short of the expected profit of $1.43 per share on revenue of $2.31