Industry

Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks

Apple and Paramount Streaming Bundle Report Spurs Rise in Media Stocks

Media stocks experienced a significant uptick on Friday after a report of Apple and Paramount agreeing to provide a bundled package featuring their respective streaming services.


Germany's Unemployment Rate Rises to Highest Since 2021

Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.

Nelson Peltz vs. Disney: Billionaire Activist Investor Seeks Multiple Board Seats as He Launches New Proxy Battle

Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.

General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike

General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.


Latest News

Elon Musk's Neuralink Raises Another $43 Million as It Gears up for Human Trials
Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Amazon Q brings generative AI-powered assistance to IT pros and developers (preview)
Amazon has unveiled its latest venture into the world of artificial intelligence (AI) by introducing a new chatbot called Q.
New Disney Movie 'Wish' Fails to Shine at Thanksgiving Box Office
Disney's new film "Wish" did not shine during the Thanksgiving holiday weekend, failing to meet box office analysts' expectations.
Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach
Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).
Joe Biden Slams Corporations Over Soaring Consumer Prices, Says 'It’s Time to Stop the Price-Gouging'
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kitchen Food."
CHINA-TECHNOLOGY-AI-CONFERENCE
Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.
Airplane Flight
Airlines are adopting new strategies to streamline operations and reduce costs in the highly time-sensitive world of air travel.
Goldman Sachs Identifies 2 Healthcare Stocks With up to 130% Upside Potential
Goldman Sachs has identified two healthcare stocks with the potential for substantial gains, reaching up to 130%.
Binance Founder Changpeng Zhao Apologizes, Accepts 'Full Responsibility' in Letter to Judge Ahead of Sentencing
Binance is grappling with substantial outflows totaling over $1 billion following the exit of its founder and CEO, Changpeng Zhao.