Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Read More Disney’s surprise streaming entertainment profit offset by weaker TV businessTag: Revenue
Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%
Peloton’s Chief Executive Officer has officially stepped down from the role as the popular fitness company is planning to cut 15% of its global workforce.
Read More Peloton CEO Is Stepping Down, Fitness Company To Cut Workforce By 15%Comcast pulls Bally Sports channels, imperiling US broadcaster’s restructuring
Comcast stopped broadcasting Bally Sports channels taking some MLB games off the air.
Read More Comcast pulls Bally Sports channels, imperiling US broadcaster’s restructuringChipmaker Intel falls as AI competition hurts forecast
The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Read More Chipmaker Intel falls as AI competition hurts forecastMorgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’s first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth growsExclusive: OpenAI’s Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers
Altman has hosted hundreds of Fortune 500 company executives in hopes he and other OpenAI executives pitched AI services for corporate use
Read More Exclusive: OpenAI’s Altman pitches ChatGPT Enterprise to large firms, including some Microsoft customers