Disney’s media assets are generating more excitement than parks
A scene from Disney and Pixar’s film “Inside Out 2.” Courtesy: 2024 Disney | Pixar Here’s a surprise: Disney‘s media business isn’t weighing down the company anymore. The primary Disney investor narrative since 2022 has been how streaming losses, combined with a declining traditional pay TV business and a string of box office failures, have […]
Here’s what’s worth streaming in August 2024: ‘Industry,’ ‘Only Murders in the Building’ and much more
August features new seasons of Max’s successor to “Succession,” Netflix’s “Emily in Paris,” and Amazon’s “Rings of Power”
‘Wardrobing’ retail fraud soars in the summer
A particular type of retail fraud soars during the summer season. “Wardrobing,” in which a shopper buys an expensive item, wears it with the tags on, and then returns the product for a refund, picks up as shoppers bolster their closets for summer vacations, according to returns management software company Optoro. “During the summer and […]
AppLovin’s big profit beat, positive outlook lift the app-monetization stock
The company gave an upbeat profit outlook for the third quarter.
Inflation, grocery prices a top issue
Kroger, Walmart, and McDonald’s. Beata Zawrzel | Nurphoto | Brandon Bell | Getty Images | Kamil Krzaczynski | Reuters Expensive Big Mac meals and fears of surge pricing at grocery stores have put food chains and consumer product companies in politicians’ crosshairs. Walmart, McDonald’s and Kroger are just a few of the companies that have […]
Jamie Dimon still sees a recession ahead
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind. When asked by CNBC’s Leslie Picker if he had changed his view from earlier this year that markets were too […]
Whether bitcoin and ether rise or fall over the next few days hinges on these trades
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.
Madison Reed bets on women’s sports with UConn basketball partnership
Paige Bueckers has kicked off her partnership with Madison Reed by going from blond to “sparkling rose.” Courtesy: Madison Reed The latest women’s college sports deal comes with a splash — of color. The University of Connecticut has struck a deal with beauty brand Madison Reed in a wide-ranging partnership that includes court-naming rights; name, […]
A wild week for stocks has bonds playing defense again for first time in years
Bonds have returned to playing defense over the past week for the first time since the Federal Reserve started raising interest rates more than two years ago.
CVS Health (CVS) earnings Q2 2024
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images CVS Health on Wednesday reported second-quarter earnings that topped expectations, but slashed its full-year profit outlook, citing higher medical costs that have been squeezing […]
