In this article WBD PARA Follow your favorite stocksCREATE FREE ACCOUNT David Zaslav, CEO and president of Warner Bros. Discovery (L), and John Malone, chairman of Liberty Media, Liberty Global, and Qurate Retail Group. CNBC | Reuters Warner Bros. Discovery‘s next step to gain scale may be looking at distressed assets. Chief Executive David Zaslav
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Jeff Green, CEO, The Trade Desk Scott Mlyn | CNBC The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts’ estimates. Third-quarter results topped estimates. Here’s how the company did: Earnings per share: 33 cents, adjusted vs. 29 cents expected
Chinese startup Li Auto sold more cars in October than Tesla’s China business did in October, according to the China Passenger Car Association. Nurphoto | Getty Images BEIJING — Chinese startup Li Auto sold more cars than Tesla’s China business did in October, according to the China Passenger Car Association. The startup sold a record
Too often, people are encouraged to be fearless, according to personal finance expert Farnoosh Torabi, but fear is a valuable tool, particularly when it comes to building wealth. “If you are feeling fear at life’s crossroads, pertaining to your finances, your career choices, your relationships, I think it’s important to listen to that,” said Torabi, host of
Getty Images The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024. The agency has boosted the income thresholds for each bracket, applying to tax year 2024 for returns filed in 2025. For 2024, the top rate of 37% applies to individuals with taxable income above $609,350 and married couples
Simpleimages | Moment | Getty Images Heading into 2024, consumers should “economize” their budgets, pay down debt and save money, if possible, to boost their personal finances, Dana Peterson, chief economist at The Conference Board, said Thursday at CNBC’s Your Money event. This “three-point action plan” is important for households since there’s “a high risk
Carbon Tax Rankings: Matching Their Promise | Tax Foundation Skip to content Table of Contents Key Findings Carbon taxA carbon tax is levied on the carbon content of fossil fuels. The term can also refer to taxing other types of greenhouse gas emissions, such as methane. A carbon tax puts a price on those emissions
Illustration by Elham Ataeiazar When Melissa Fuentes imagined the Christmas gifts she’d buy for her 9-year-old Tatiana, she figured she’d want Barbies, Bratz dolls or a scooter – the kinds of things she found under her tree growing up in the ’90s. Instead, something unexpected made it to the top of the list this year:
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation. Tomohiro Ohsumi | Getty Images SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss. SoftBank’s flagship tech investment arm had a rough time in the fiscal year that ended in March this
In this article Follow your favorite stocksCREATE FREE ACCOUNT Traders working at the New York Stock Exchange (NYSE), on Sept. 20th, 2023. NYSE It’s quiet out there in IPO land — very quiet. This is it: the weeks before Thanksgiving usually bring a spate of large IPOs eager to go public before the holiday season
Klaus Vedfelt | Digitalvision | Getty Images Travel was expensive and busy in 2023, leading jetsetters to seek out cheaper, less-trodden alternatives to popular hot spots. It’s a great way to save money on trips heading into 2024, according to experts. This concept — seeking out cheaper duplicates, or “dupes,” of pricey products — was
In this article BKSY Follow your favorite stocksCREATE FREE ACCOUNT The company’s banner on the front of the New York Stock Exchange. BlackSky Satellite imagery venture BlackSky delivered its first quarterly profit Wednesday, as the company works to keep up momentum into the end of the year. BlackSky reported net income of $675,000 for the
In this article CZR Follow your favorite stocksCREATE FREE ACCOUNT The exterior of Caesars Palace Hotel and Casino is viewed in Las Vegas on Dec. 4, 2015. George Rose | Getty Images A strike is off the table for nearly 10,000 Caesars Entertainment union workers on the Las Vegas strip. The Culinary Union said it
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, on March 29, 2023. George Frey | Reuters The Food and Drug Administration on Wednesday approved Eli Lilly‘s
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT David Zaslav, President & CEO of Discovery Inc. Anjali Sundaram | CNBC Warner Bros. Discovery shares fell Wednesday after the company reported a decline in advertising revenue, a bigger-than-expected loss and lackluster streaming subscriber numbers. Here’s what the company reported for the quarter ended Sept.
In this article WBA CVS Follow your favorite stocksCREATE FREE ACCOUNT A small number of employees and supporters picket outside the headquarters of drugstore chain Walgreens during a three-day walkout by pharmacists in Deerfield, Illinois, November 1, 2023. Vincent Alban | Reuters The organizers of a recent retail pharmacy staff walkout are helping to launch
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT The worldwide leader in sports still has some juice. ESPN operating income surged 16% from a year ago to $987 million in Disney‘s fiscal fourth quarter — the first time Disney has ever broken out the sports division’s finances. Revenue in the segment grew 1%
In this article DDOG Follow your favorite stocksCREATE FREE ACCOUNT Olivier Pomel, co-founder and CEO of Datadog, speaks at the company’s Dash conference in San Francisco on Aug. 3, 2023. Datadog Shares of cloud monitoring software firm Datadog surged nearly 30% in Tuesday trading after the company reported stronger-than-expected third-quarter earnings and full-year guidance. The
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Shares of Roblox popped 12% in premarket trading Wednesday after the company released third-quarter results that beat on top and bottom lines and showed strong user growth. Here’s how the company did: Loss per share: 45 cent loss
In this article RKLB Follow your favorite stocksCREATE FREE ACCOUNT Peter Beck, chief executive officer of Rocket Lab, speaks during the US Chamber of Commerce’s Global Aerospace Summit in Washington, D.C., Sept 14, 2022. Valerie Plesch | Bloomberg | Getty Images Rocket Lab is pushing to get its launch business back on track by the