A sign is posted in front of a Broadcom office in San Jose, California, on June 3, 2021. Justin Sullivan | Getty Images News | Getty Images Discover the latest market buzz during midday trading. Cisco Systems, Splunk — The shares of Cisco fell by 4.2% on Thursday as the company announced its acquisition of …
An empty parking lot is pictured in front of a Planet Fitness gym and fitness club in Alhambra, California, on May 12, 2020, after stay-at-home orders in Los Angeles County were extended until July amid the Covid-19 pandemic. Frederic J. Brown | AFP | Getty Images Discover the latest news in midday trading. Starbucks — …
Disney World celebrated its 50th anniversary in April 2022. Aaronp | Bauer-Griffin | GC Images | Getty Images Disney announced in a securities filing on Tuesday that it will nearly double its planned investment to approximately $60 billion over the next 10 years. Shares plunged over 3% during afternoon trading. While the company is wrestling …
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. Discovery NYC office on July 13, 2023 in New York City. Michael M. Santiago | Getty Images The Writers Guild of America announced today that it will resume negotiations with Hollywood studios on Wednesday in …
Ken Griffin, Citadel Scott Mlyn | CNBC Billionaire and Citadel CEO Ken Griffin, a prominent Republican donor, announces his decision to remain neutral in the GOP presidential primary and not endorse Florida Gov. Ron DeSantis, whom he supported in 2022. Griffin expresses dissatisfaction with the current options besides front-runner Donald Trump and states that he …
SAG-AFTRA members walked the picket line outside Netflix offices in Los Angeles on July 11, 2023, carrying signs to show their solidarity with striking WGA workers. This demonstration highlights the ongoing struggle for AI protections, better wages, and a share of streaming profits in Hollywood. The rise of streaming, spearheaded by Netflix in 2007, has …
Disney Considers Selling ABC and Media Assets | CNBC Disney Considers Selling ABC and Media Assets Bob Iger, the Chief Executive Officer of The Walt Disney Company, and Mickey Mouse were spotted at the New York Stock Exchange (NYSE) on November 27, 2017, ringing the opening bell. It’s unusual for a company to sell assets …
Visitors at the Tesla booth at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Costfoto | Nurphoto | Getty Images Discover the latest trending companies in midday trading. Tesla — The stock of the electric vehicle manufacturer surged more than 10% following an upgrade from Morgan Stanley. Analyst Adam Jones predicts a significant …
CHICAGO, IL – DECEMBER 20: A detail view of a broadcast camera is seen with the NFL crest and ESPN Monday Night Football logo on it during a game between the Chicago Bears and the Minnesota Vikings on December 20, 2021, at Soldier Field in Chicago, IL. (Photo by Robin Alam/Icon Sportswire via Getty Images) …
Taylor Swift made a major impact on the music industry, and now she’s aiming to do the same in the world of movies. With the cinema industry facing challenges due to changing audience tastes and production delays caused by strikes and the pandemic, theater chains like AMC, Regal, and Cinemark are searching for unique content …