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By Aditya Kalra NEW DELHI, May 6 (Reuters) - India's Zee Entertainment has sued the Reliance-Disney joint venture, the country's biggest entertainment company, alleging it used Zee's copyrighted music
The new chief executive at Disney on Wednesday laid out his long-term vision for the company, centered on using technology to reach consumers and increase profits. In a nearly 3,000-word letter to shareholders accompanying quarterly financial results and comments in a conference call with analysts, Josh D’Amaro emphasized his plans to make Disney+ a digital hub for all the company’s businesses and invest in new technology, particularly around videogames. Theme parks and cruises have overtaken television as Disney’s biggest source of profits, and the company is counting on them to fuel its growth for the rest of this decade and beyond.
The PHLX Gold/Silver Sector (^XAU) is climbing roughly 8% this morning as a wave of buying hits both bullion and the equities that mine it. Spot gold is trading near $4,695 an ounce, up about 3%, while silver is jumping a sharper 5.5% to roughly $77 an ounce. The catalyst is a combination of geopolitical ... Gold and Silver Catch Fire as Iran Deal Hopes Rewrite the Inflation Playbook
APO Q1 earnings miss as rising expenses overshadow record fee income, even as AUM tops $1T on strong inflows and capital formation.
DVN tops Q1 EPS estimates despite a revenue miss, as production rises and the Coterra merger nears a close.
Investing.com -- Barclays on Tuesday downgraded Abercrombie & Fitch Co. to an “Underweight” rating, citing growing competitive pressures, macroeconomic uncertainty, and expectations that profitability has peaked.
Justice Elena Kagan, on behalf of the court, declined to pause a ruling by the San Francisco-based 9th U.S. Circuit Court of Appeals that deemed Apple in contempt in the Epic lawsuit contesting App Store fees. Apple had sought the delay to give it time to file a full Supreme Court appeal of the 9th Circuit decision.
The AI boom is giving old-school chips called CPUs a new moment.
Disney's (DIS) second quarter earnings results beat analysts' expectations, driven by booming streaming profit. Yahoo Finance Senior Business Reporter Ines Ferré and Washington Crossing Advisors senior portfolio manager Chad Morganlander chat with Yahoo Finance Senior Reporter Brooke DiPalma about the earnings results and the stock's potential.
Anne-Marie Megela: Thank you, and thank you all for joining us today. Additionally, we may refer to non-GAAP financial measures. Please refer to today's earnings release and the non-GAAP information available on our website for a discussion of our non-GAAP financial measures and reconciliations to the comparable GAAP financial measures.
CVS stock is breaking out on Wednesday morning after it posted better-than-expected first-quarter results and raised its full-year outlook. Of CVS Health's three big segments, its health benefits segment saw operating income surge by $1.05 billion, or 53%.
(Bloomberg) -- Apollo Global Management Inc. eclipsed $1 trillion of assets under management on record first-quarter inflows and reported earnings that beat Wall Street estimates.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Trump Supreme Court Carroll AppealTrump Pauses Plan to Guide Ships While Seeking Iran De
Pinterest (PINS) added about $2 billion in market value recently as shares jumped about 15% following the company's first-quarter results, which pointed to stronger ad demand, improving earnings power, and a broader platform strategy. Heading into Pinterest's first-quarter results, its ...
Super Micro Computer Inc (NASDAQ:SMCI) shares surged about 18% following its fiscal third-quarter 2026 results, as strong earnings and margin performance outweighed a revenue miss. For the quarter ended March 31, 2026, Supermicro reported net sales of $10.24 billion, well below estimates of...
By Lawrence Delevingne and Harry Robertson May 6 (Reuters) - Stocks advanced and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an agreement to end
Bitcoin miner Hut 8 accelerates AI data center growth with $9.8 billion deal. Morgan Stanley debuts crypto trading on E-Trade.
Shopify shares sank yesterday as management’s guidance dampens the firm’s strong Q1 release. Barchart’s data suggests SHOP stock could tumble further through the remainder of 2026.
(Bloomberg) -- Investor worries over higher energy prices and elections that look to be disastrous for the government pushed the UK’s long-term borrowing costs to the highest level since 1998 this week. The pound wasn’t fazed.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Trump Supreme Court Carroll AppealTrump P
Chipotle CEO Scott Boatwrite explains to Yahoo Finance Executive Editor Brian Sozzi that giving customers larger portions when they ask for it is part of the company’s ethos.
Advanced Micro Devices (AMD) stock rips and tears higher in Wednesday's pre-market session after beating Wall Street's earnings and revenue estimates. The semiconductor manufacturer also topped forecasts for its second quarter guidance. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland analyze the current narratives around the chip space, AI data center demand, and the catalysts for AMD in these late stages of the AI Boom.
Shares of Super Micro Computer (NASDAQ:SMCI) are rallying 18% higher in early Wednesday trading. The AI server maker delivered a sizable earnings beat, raised full-year guidance, and unveiled a forward-looking partnership tied to nuclear power. The stock closed at $27.83 on Tuesday and is now reclaiming ground last seen in early April. The rally pushes ... Super Micro Rockets 18% on Earnings Beat, $12.5 Billion Q4 Guide, Nuclear-Powered AI Vision
Fresh off a record close on Tuesday, the Nasdaq was soaring to fresh highs on Wednesday after Advanced Micro Devices’ earnings report kept the chip rally rolling. The Dow was up 461 points, or 0.9%. The S&P and Nasdaq only need to close above yesterday’s level to establish new record closing highs.
Software provider Kyndryl said it would cut jobs as part of a new cost-saving plan and forecast annual pretax profit below Wall Street estimates on Wednesday. • The cuts come after the software provider delayed the filing of its October-December report, made several management changes, and launched an accounting review over "potential weaknesses" found in its internal controls. Kyndryl did not disclose how many jobs would be affected by the move.
Uber posted weaker than expected revenues for the first quarter as its mobility business was buffeted by conflict in the Middle East, but the...
Wells Fargo strategists say some factors that have been driving the market higher are played out.
(Bloomberg) -- Lucid Group Inc. shares slid after the electric-vehicle maker suspended full-year production guidance while its new chief executive officer works to align output with a challenging EV demand environment.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weighs
CEO Steve Cahillane says investments in brand-building are gaining traction, but the company kept its cautious full-year outlook
Kraft Heinz (NASDAQ:KHC) moved higher in premarket trading after reporting first-quarter results that came in ahead of Wall Street expectations. Adjusted earnings per share reached $0.
Uber (NYSE:UBER) rose sharply in premarket trading on Wednesday after the transportation and delivery platform reported first-quarter earnings that exceeded Wall Street expectations. The company posted earnings per share of $0.
May 6 (Reuters) - Wall Street's main indexes opened higher on Wednesday, extending their strong run on hopes of a potential U.S.-Iran peace agreement and sustained enthusiasm around artificial