Paramount Global (PARA) Q2 earnings report 2024
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media. Paramount has identified $500 million in cost savings, which include […]
Funko names new CFO as company swings to Q2 profit
Funko named Yves Le Pendeven as its chief financial officer.
Delta says chaos after CrowdStrike outage cost it $550 million
A Delta Airlines Airbus A319-114 aircraft taxis at Los Angeles International Airport after arriving from Las Vegas on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is […]
E.l.f. Beauty (ELF) earnings Q1 2025
E.l.f. Beauty‘s growth story is still going. The cosmetics retailer on Thursday blew past quarterly estimates again, posting a 50% gain in sales. The company’s sales soared to $324.5 million in its fiscal first quarter, leading it to raise its full-year guidance. That increase follows a staggering 76% jump in the year-ago quarter. CEO Tarang Amin […]
Retired and ready to invest in your health? How to pick the right workout — and save money.
Being active doesn’t have to be expensive
Under Armour (UAA) earnings Q1 2025
Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending its stock surging in early trading. The company beat Wall Street’s expectations on the top and bottom lines. Its shares were up more than 20% in intraday trading Thursday. Here’s how […]
‘Their accounts have made less than 1%’: I set up 529 plans for my teens, but they’re floundering. Can I move them back to CDs?
“Their 529 money is not growing.”
Restaurant Brands International (QSR) Q2 2024 earnings
A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. John Keeble | Getty Images Restaurant Brands International on Thursday reported quarterly revenue that beat analysts’ expectations, fueled by better-than-expected sales at Tim Hortons and the company’s international restaurants. “We certainly were planning […]
Drugmakers on new negotiated prices with Medicare
President Joe Biden speaks during an event at the National Institutes of Health in Bethesda, Maryland, Dec. 14, 2023. Chris Kleponis | Bloomberg | Getty Images Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The first round of Medicare drug price negotiations has come […]
Here’s what has to happen for Nvidia’s price to be justified, says the dean of valuation
Nvidia’s AI business can’t justify a $3 trillion valuation — but here’s what can, says a NYU finance professor.
