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 …
Read More »
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 …
Read More »
A worker assembles a VW ID3 electric car at a Volkswagen factory on July 31, 2020 in Zwickau, Germany. Jane’s Sloater / Getty Images European stocks improved on Monday, after rough weeks for markets. Stocks Europe 600 SXXP, down 1.9% last week + 1.06% Renault rose 1.1%, with automobile manufacturers …
Read More »
Seeing vertigo-induced growth in tech stocks and Thursday’s fall, investors are booming with a single trade, a huge but shadowy trust can be placed on Silicon Valley that could pull the market with it. The investor behind that trade, according to those familiar with the matter, is Japan’s Softbank 9984 …
Read More »
Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »