Warner Bros. Discovery posted a steep quarterly loss that was higher than anticipated.
Read More Warner Bros. Discovery Reveals $966M Loss, Impaired By Decreased Ad Sales And Hollywood StrikesTag: Analyst
Apple shares jump as record buyback, sales growth forecast lure investors
Apple shares jumped nearly 7% on Friday as the iPhone maker’s record stock buyback plan.
Read More Apple shares jump as record buyback, sales growth forecast lure investorsU.S. Economy’s Growth Slows To Below 2% In First Quarter, Missing Analyst Expectations
The U.S. economy grew by less than 2% in the first quarter, according to the Commerce Department’s Bureau of Economic Analysis.
Read More U.S. Economy’s Growth Slows To Below 2% In First Quarter, Missing Analyst ExpectationsMcDonald’s posts rare profit miss as customers turn picky
McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers.
Read More McDonald’s posts rare profit miss as customers turn picky‘The great contraction’ hits Hollywood
People who call the shots said the television and film industries are adjusting to sober economic realities.
Read More ‘The great contraction’ hits HollywoodApple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
Read More Apple hits seven-week low after Barclays downgrade