It may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while the Federal Read more
Tag: Media Content Distribution
Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff
The collapse of crypto exchange FTX sparked a run on Sivergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals. Read more
Tesla’s stock drop has been bad. But this company has hurt investors even more.
Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it Read more
10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded Read more
Disney stock tumbles toward worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helping to send shares of the media giant toward their worst daily performance in more than two decades. Though Disney DIS, Read more
Biden anti-hunger plan enlists gig companies — whose workers sometimes go hungry
President Joe Biden’s strategy for ending hunger in the U.S. by 2030 is being funded in part by companies whose own workers sometimes can’t afford to buy food. The Biden Read more
Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%
Walt Disney Co. wrapped up its fiscal year Tuesday with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue for Read more
Disney posts wide earnings and sales miss to wrap up record year, stock falls 6%
Walt Disney Co. wrapped up its fiscal year with record sales and its best revenue growth in more than 25 years, but a miss on earnings and revenue for the Read more
Opinion: As Netflix and Disney move into ads, will Roku look to sell?
The streaming company’s disappointing holiday forecast, coming ahead of new, cheaper ad-supported streaming packages from Netflix Inc. NFLX, +2.41% and Walt Disney Co. DIS, -0.27%, has added to what was Read more
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as Read more