Media stocks pop as Roku rally lifts sector
Media stocks pop as Roku rally lifts sector
Media stocks popped Thursday as 30% rally lifted the entire sector. Wall Street celebrated the streaming device company's , in which Roku reported strong trends in content distribution and advertising as well as uptake of its Roku-branded T...
2023-11-06 09:34:07
Target CEO says shoppers are pulling back, even on groceries
Target CEO says shoppers are pulling back, even on groceries
In this article CEO Brian Cornell says shoppers are pulling back, even on groceries, as they feel stressed about their budgets. In an interview with CNBC's Becky Quick that aired Thursday morning, he emphasized that the retailer has posted...
2023-11-06 09:33:59
National Association of Realtors CEO quits after lawsuit loss
National Association of Realtors CEO quits after lawsuit loss
The National Association of Realtors Thursday that CEO Bob Goldberg will resign earlier than expected, as the group contends with the fallout from a federal lawsuit and a harassment scandal. The leadership transition comes days after a fede...
2023-11-06 09:33:52
High school kids are vaping less
High school kids are vaping less
E-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products that appeal to young people, federal health regulators said Thursday. The findings, a p...
2023-11-06 09:33:46
<b>NRF 2023 holiday sales forecast</b>
NRF 2023 holiday sales forecast
Holiday shoppers are expected to spend more this year, but their eagerness for value and hunger for deals is likely to push that growth back down to pre-pandemic levels, according to the National Retail Federation. The major trade group exp...
2023-11-06 09:33:40
DraftKings (DKNG) earnings Q3 2023
DraftKings (DKNG) earnings Q3 2023
Sports betting company on Thursday posted quarterly revenue that came in ahead of analysts' expectations as the company rises to the top of the highly competitive online gambling industry. Shares for DraftKings gained about 7% in extended t...
2023-11-06 09:33:31
Live Nation (LYV) earnings Q3 2023
Live Nation (LYV) earnings Q3 2023
Ticketmaster parent company delivered its strongest quarter ever, on pace for a record 2023 on the backs of concert darlings Taylor Swift and Beyoncé. Higher ticket prices and pent-up demand for live shows helped boost revenue up 32% to $8...
2023-11-06 09:33:25
Paramount Global PARA earnings Q3 2023
Paramount Global PARA earnings Q3 2023
Paramount Global's stock moved higher in extended trading Thursday after it reported strong revenue and subscription trends in its third-quarter earnings report. The after-hours move came on top of an already-strong day for the media giant....
2023-11-06 09:33:20
<b>Starbucks unveils expansion plans, cost cutting</b>
Starbucks unveils expansion plans, cost cutting
on Thursday presented the latest stage in its plan to drive growth for the company, which involves accelerating its global footprint and saving $3 billion in costs over the next three years. The company said it plans to expand to 35,000 loc...
2023-11-06 09:33:14
UAW-Stellantis deal includes $18.9 billion in new investments
UAW-Stellantis deal includes $18.9 billion in new investments
DETROIT — The United Auto Workers union said Chrysler-parent plans to invest $18.9 billion in the U.S. by April 2028, including $1.5 billion for new midsize pickup truck production at an idled factory in Belvidere, Illinois. The investmen...
2023-11-06 09:33:08
Restaurant Brands International (QSR) Q3 2023 earnings
Restaurant Brands International (QSR) Q3 2023 earnings
on Friday weaker-than-expected quarterly revenue, hurt by Burger King's disappointing same-store sales growth. Shares of the company were down 2% in morning trading. Here's what Restaurant Brands reported compared with what Wall Street was...
2023-11-06 09:33:01
Paramount Global PARA stock jumps for second straight day
Paramount Global PARA stock jumps for second straight day
stock closed more than 15% higher Friday, its best day since March 2020, a day after posting another double-digit gain. The stock was up 28.6% week-to-date, in line for its best week since April . 2020However, the stock is still down about...
2023-11-06 09:32:55
Sound of Freedom will stream on Amazon Prime Video
Sound of Freedom will stream on Amazon Prime Video
has secured the rights to one of the hottest box office releases of 2023: Angel Studios' "Sound of Freedom." The Jim Caviezel-led thriller snared more than $180 million at the domestic box office during its run, outpacing big studio films s...
2023-11-06 09:32:49
Starz to lay off more than 10% of employees
Starz to lay off more than 10% of employees
Starz, the premium network and streaming service that will soon be its own publicly traded company, is laying off more than 10% of employees and is exiting Australia and the U.K. Starz Chief Executive Officer Jeffrey Hirsch announced the ne...
2023-11-06 09:32:41
Taylor Swift Eras Tour movie sticking around in theaters
Taylor Swift Eras Tour movie sticking around in theaters
is seeking to smash more box office records as her Eras Tour concert film sticks around theaters. Box office analysts initially believed the singer's film would wrap up its limited run in the theaters on Nov. 5. In initial announcement of t...
2023-11-06 09:32:35