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What Netflix’s earnings beat tells us one thing in regards to the membership that holds Disney
Investors in club holding Disney (DIS) appear to have been heartened by streaming competitor Netflix (NFLX)’s better-than-expected third-quarter results on Wednesday — an assessment that’s not misguided but requires some context. Disney shares outperformed the broader market on Wednesday, rising about 0.7% to about $99 a share, while the S&P 500 lost 0.8% in midday…
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Fanatics is hiring a chief monetary officer for the sportsbook division forward of launch
Andrea Ellis has been appointed CFO of Fanatics Betting & Gaming. Source: fanatic Fanatics is one step closer to launching its much-anticipated sports betting division, nearly five years after the Supreme Court overturned the rule preventing states from legalizing betting on sporting events. The sports platform and e-commerce company, which is valued at more than…
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Semafor debuts in a tough media setting
Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company focused on global news for graduate readers, debuted on Tuesday with the intention of bringing transparency and clarity to a news company that its co-founders believe is too polarized. Semafor has been preparing for its launch since January when it used…
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XPO Logistics (XPO) releases preliminary 3Q outcomes
The XPO Logistics Inc. logo on a truck leaving the company’s distribution center in Barcelona, Spain on Thursday, May 12, 2022. Angel Garcia | Bloomberg | Getty Images carrier XPO logistics on Monday said it expects third-quarter sales to come in below analysts’ expectations. But XPO also said it expects its earnings before interest, taxes,…
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Für GM-Autogewerkschaftsarbeiter gibt es noch viel über Elektrofahrzeuge zu lernen
Kimberly Fuhr, Mitglied der UAW Local 5960, inspiziert am Donnerstag, den 6. Mai 2021, einen Chevrolet Bolt EV während der Fahrzeugproduktion im Orion-Montagewerk von General Motors in Orion Township, Michigan. Steve Fecht für Chevrolet 2015 lernte Marland „Lanny“ Brown, wie man ein vollelektrisches Auto baut. Als Mitglied der United Auto Workers Local 5960 war er…
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Trump Media has fired a whistleblower after chatting with the Washington Put up
In this photo illustration, the logo of social media platform Truth Social is seen displayed on a smartphone with a photo of former US President Donald Trump in the background. Rafael Henrique | flare | Getty Images Former President Donald Trump’s media outlet fired an executive Thursday after he shared internal documents from a Securities…
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“We proceed to fund the Ukrainian authorities without cost”
A smartphone with the Starlink logo on the screen. Sopa Pictures | flare | Getty Images Elon Musk said in a tweet on Saturday that his company SpaceX will continue to fund Starlink satellite internet terminals for the Ukrainian government while it fights invading Russian forces. “To hell with that,” the billionaire tweeted, “although Starlink…
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NASA astronauts return to Earth
SpaceX returned its fourth operational crew mission from the International Space Station on Friday, with the quartet of astronauts landing in the company’s capsule off the coast of Florida. The company’s Crew Dragon spacecraft Freedom undocked from the ISS around noon ET to begin the journey back to Earth, with the splashdown occurring around 5…
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Past Meat supervisor Doug Ramsey falls out after nose-bite arrest, firm pronounces layoffs
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are displayed for sale at a market in Encinitas, California June 5, 2019. Mike Blake | Reuters Beyond meat‘s announced significant staff cuts and the departure of three top executives – including Chief Operating Officer Doug Ramsey, who was recently arrested for assault. Beyond Meat…
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Trump’s SPAC shares surge after Google Play Retailer approves Fact Social
Donald Trump’s social media app “Truth Social” in Apple’s App Store on an iPhone. Christopher Derbach | Picture Alliance | Getty Images shares of Digital World Acquisition Corp., the shell company that Trump Media and Technology Group plans to take public, rose sharply after former President Donald Trump’s social media platform Truth Social was admitted…
