Author: franperez66q@protonmail.com
Paramount Skydance topped Wall Street’s revenue and earnings estimates for the first quarter on Monday, as the media company got a boost from its streaming and film businesses. The company reported nearly $7.35 billion in first-quarter revenue, up 2% from the prior year, and lifted by the overall streaming business — which includes Paramount+, as well as BET+ and the free, ad-supported service Pluto. Revenue for the streaming unit grew 11% to $2.4 billion compared to the same period last year. Paramount+, the flagship of the company’s streaming portfolio, added 700,000 subscribers during the quarter and grew revenue 17% year…
Investing.com– Australia’s and said on Tuesday they had agreed to merge in a deal that will create a A$10.7 billion ($7.7 billion) producer. Under the agreed all-share transaction, Regis will acquire 100% of Vault, with Vault shareholders receiving 0.6947 new Regis shares for each share held. Upon completion, Regis shareholders will own about 51% of the combined group, with Vault investors holding the remaining 49%. Get real-time updates on market-moving news with InvestingPro Vault shares surged over 5% in early trading on Tuesday, while the Regis stock slipped nearly 4%. The companies said the merged entity is expected to produce…
CNBC’s Jim Cramer said market pullbacks driven by geopolitical shocks shouldn’t push investors to the sidelines, arguing that the bigger opportunity is in owning companies powering the economy’s next phase of growth.”What you really would need to own are the companies that actually dominate the new economy,” Cramer said Monday on “Mad Money,” pointing to data center and artificial intelligence-linked names that have driven much of the market’s gains this year.Cramer’s comments come after the Dow Jones Industrial Average fell more than 1% and oil prices and Treasury yields spiked Monday on rekindling tensions in the Middle East.Cramer has long…
The prime minister will meet leaders from a number of sectors at Downing Street on Tuesday. Source link
Andy Jassy said Amazon’s massive spending on artificial intelligence isn’t something investors should fear — it’s exactly why they’ll be rewarded over time.”We believe that AI is the biggest technology transformation in our lifetimes,” the CEO said on “Mad Money.” “It’s going to reinvent every single customer experience we know and altogether new ones we never imagined.”In February, Amazon announced plans to invest $200 billion this year in capital expenditures, largely tied to AI infrastructure. The disclosure alongside fourth-quarter earnings sent shares tumbling. It took roughly two months for the stock to erase all of its post-earnings declines in early…
S&P 500 falls from record high on Middle East worries Source link
As its name implies, the venerable Notepad++ text editor began as a more capable version of the classic Windows Notepad, with features such as line numbering and syntax highlighting. It was created in 2003 by Don Ho, who continues to be its primary author and maintainer, and it has been a Windows-exclusive app throughout its existence (older Notepad++ versions support OSes as old as Windows 95; the current version officially supports everything going back to Windows 7). I’m not a devoted user of the app, but I was aware of its history, which is why I was surprised to see…
The state of the roads will be at the top of many voters’ agenda at this week’s local elections in England. Source link
A Spirit Airlines plane sits parked at Hollywood Burbank Airport in California, April 16, 2026.Justin Sullivan | Getty ImagesSpirit Airlines struggled for years, battered by larger, cash-rich airlines that copied its business model as well as by failed mergers, higher costs and, most recently, a surge in jet fuel prices because of the war in Iran. It then faced the most unforgiving foe: time.”We just kind of ran out of runway,” CEO Dave Davis said in an interview with CNBC on Monday.Spirit had hoped to exit bankruptcy, its second in less than a year, in mid-2026. Four days before the…
Meta taps Morgan Stanley, JPMorgan for El Paso data center deal, Bloomberg News reports Source link