High-profile investors Michael Burry and David Tepper were buying Alibaba during the fourth quarter, potentially putting them in a position to profit from the reopening of the Chinese economy. Scion A...
Tag: Media
AMC Networks names Kristin Dolan CEO
Founder and CEO of 605 Kristin Dolan participates in a keynote panel on the future of video at CES 2018 at Park Theater at Monte Carlo Resort and Casino in Las Vegas on January 10, 2018 in Las Vegas, ...
Diamond Sports prepares for possible bankruptcy
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field on May 17, 2022 in Cleveland, Ohio. George Kubas | Diamond Im...
Alec Baldwin’s Rust will resume filming this spring
In this image from video released by the Santa Fe County Sheriff’s Office, Alec Baldwin stands in costume and speaks with investigators following a fatal shooting last year on a movie set in San...
Wonya Lucas makes big changes at Hallmark Channel
President and CEO at Hallmark Media Wonya Lucas speaks onstage during Hallmark Media’s star-studded kickoff of ‘Countdown To Christmas’ with a special screening of “A Holiday S...
George Soros Snapped Up Tesla, Peloton, Crypto Stocks. What He Dumped.
Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter Sor...
NBC wants the NBA back
Cue up John Tesh’s “Roundball Rock” – “The NBA on NBC” may be returning, if NBC Sports gets its way. Comcast‘s NBCUniversal is preparing to make a bid to win back N...
Super Bowl betting sets records for sportsbooks
It was a record-breaking Super Bowl for sportsbooks as gamblers ponied up across the United States. Super Bowl 57 was the first one to be played in a state where sports gambling is legal, and early da...
Media Mogul Rupert Murdoch and Elon Musk Spark Dogecoin (DOGE) Discussion At Super Bowl
The Dogecoin (DOGE) community was delighted by Elon Musk’s unexpected support during this year’s Super Bowl over the weekend. While wearing a Dogecoin-themed t-shirt, Musk was spotted sitting next to...
Who Will Win the Super Bowl This Year? Sports Betting Apps Might Be the Champs.
The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
Alec Baldwin attorneys seek to reduce possible penalty
Actor Alec Baldwin departs his home, as he will be charged with involuntary manslaughter for the fatal shooting of cinematographer Halyna Hutchins on the set of the movie “Rust”, in New Yo...
Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. Nelson Peltz Declares Victory.
Walt Disney stock jumped after the entertainment company topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney (ticker: DIS) reported n...
Bob Iger signals Disney Hulu strategy shift
Disney CEO Bob Iger’s apparent openness to selling Hulu marks a stark reversal in strategy for the company — and an even more surprising shift if Iger sells the streaming service to Comcast. Ige...
Company will cut 1,250 positions in 2023
Pedestrians walk past the News Corporation headquarters building in New York. Michael Nagle | Bloomberg | Getty Images News Corp. said Thursday it will cut about 1,250 positions, or 5% of its workforc...
These 20 AI stocks are expected by analysts to rise up to 85% over the next year
There are always fads in the stock market, but now we are in the midst of what could turn out to be a revolutionary trend that will last much longer than any fad — artificial intelligence. In the Need...
The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing
The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...