All posts by: r4ibom

Paramount+ is doubling down on movies, adding 1,000 more films to the streaming service next month, and averaging a new original movie every week in 2022.

Shares of Roku Inc. jumped 9% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an upbeat outlook for the current period.

AMC Entertainment Holdings Inc. lost more than half a billion dollars in the first three months of the year while reopening almost all of its U.S. theaters, but executives see brighter days ahead and the stock gained 3% in after-hours trading Thursday after eight straight days of declines.

Peloton Interactive Inc. executives expect to take a financial hit from the recall of its treadmills, but they believe continuing strong demand for the company’s exercise bikes and the clearing a delivery backlog should come close to papering over the shortfall.

Chinese electric-vehicle company NIO will make a landmark move later this year by pushing into its first market outside of China, the company said on Wednesday.

The hits keep on coming for Cathie Wood’s ARK Innovation exchange-traded fund. The once-highflying ETF is on pace for its longest string of losses, eight in a row, since a similar skid ended Dec. 24, 2018.

Tesla’s share of the key European market has been in swift decline since 2019, when it was the region’s most popular electric-vehicle brand. But that may be about to change, according to a leading automotive analyst.

Vlad Tenev, CEO of Robinhood Markets, speaking at a “fireside chat” on Thursday, attempts to dispel any lingering speculation that the brokerage may be a so-called dogecoin whale, maintaining a massive stockpile of the crypto for its own benefit.

Bill Gates transferred stakes in several companies to Melinda Gates on the day the power couple announced their divorce

The Biden administration’s Wednesday decision to support waiving intellectual-property protections for COVID-19 vaccines counts as a significant disappointment for drugmakers, who rank among the biggest spenders on Washington lobbying.

Iron ore logs its highest price on record Thursday, buoyed by an insatiable demand for steel in China.

Oil futures trade lower Thursday, extending the previous session’s decline, as investors weigh disappointing data on U.S. gasoline usage and keep an eye on surging COVID-19 infections in India.

The tech-heavy Nasdaq is set to outpace other stock market indexes at the open on Thursday, ready to recover from a more than 2% slide since the beginning of this week.

Mizuho Securities says the pharma giant needs its pipeline to deliver for investors to gain more comfort with Pfizer’s outlook.

The average cost of a used car or truck has surpassed $20,000, a 10% increase over the past 12 months.

Carlos Brito is stepping down as chief executive of Anheuser-Busch InBev after 15 years, and will be succeeded by Michel Doukeris, president of the North America business.