The demise of mobile-streaming platform Qibi six months after its demise is a prime example of Hollywood’s struggles to build a business with short form content. QB may be the most well-known and best-funded attempt to break the short-profile, but it is far from the only one. The corpse of …
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AT&T The 10-day losing streak ends on Thursday morning after better-than-expected earnings were reported. Investors sold AT&T stocks ahead of its third-quarter results, with the 10-day loss streak losing more than 7% in the report. It moved the stock closer to its lowest in almost a decade. The results on …
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Text size The second-quarter earnings season speeds up this week, with 78 S&P 500 companies on deck to report. Halliburton and IBM publish their results first on Monday, followed by Coca-Cola, Lockheed Martin, Texas Instruments and United Airlines on Tuesday. Tesla, Microsoft and Chipotle Mexican Grill are the best moments …
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Text size CEO of Ericsson Börje Ekholm (Per Myrehed). Shares in Ericsson soared more than 10% on Friday, after the Swedish telecoms company reported higher-than-expected second-quarter earnings, fueled by an increase in 5G network sales and software revenue. The back story. Ericsson has made a recovery under Börje Ekholm, who …
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Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
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