Tom Cruise in “Top Gun: Maverick” Source: Paramount This weekend Tom Cruise has a chance to do something he’s never done before — open a film to more than $100 million at the domesti...
Tag: Paramount Global
Why Warren Buffett Bought Paramount, Not Netflix, Stock
Text size Paramount+ has about 62 million subscribers. Valerie Macon/AFP via Getty Images Older viewers love CBS, but I’m guessing that Warren Buffett didn’t just drop $2.6 billion on shares of networ...
Berkshire Hathaway Didn’t Have to Disclose Earlier its 10% Stake in Paramount. Here’s Why.
Text size Berkshire Hathaway now owns 10.6% of Paramount Global. Dreamstime Berkshire Hathaway ’s purchase of more than 10% of Paramount Global , disclosed late Monday, normally would have triggered a...
Walmart, Citigroup, Paramount and more
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fel...
Paramount shares jump 10% after Buffett’s Berkshire reveals new stake
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Paramount...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Paramount’s Streaming Losses Mount as Subscriber Count Grows
Text size Paramount+ accounts for the bulk of the company’s streaming subscribers. Dreamstime The streaming-stock bloodbath continues: Paramount Global (ticker: PARA) is the latest company in th...
Chegg, Expedia, BP and more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the co...
Paramount Global, Logitech, Chegg and more
Take a look at some of the biggest movers in the premarket: Paramount Global (PARA) – Paramount Global fell 4.3% in the premarket, despite quarterly profit that beat Wall Street estimates. Revenue cam...
Stock futures are lower after big market reversal to start May
Traders on the floor of the New York Stock Exchange, April 27, 2022. Source: NYSE U.S. stock futures moved lower Monday night after the major averages staged a big reversal to start the month. Dow Jon...
How cinemas are going beyond studio marketing to lure moviegoers back
A Regal Cinemas movie theater stands at night on 42nd Street in New York, U.S., on Tuesday, Oct. 6, 2020. Amir Hamja | Bloomberg | Getty Images “If you build it, they will come.” Universal...
Warner Bros. Discovery (WBD) Q1 2022 earnings
David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery shares fell Tuesday after the company warned its 2022 profit would be lower than expected in light of a “messy” combination of as...
Movie theater owners optimistic about 2022 box office before CinemaCon
Still from “Doctor Strange in the Multiverse of Madness.” Disney Superhero flicks have kept the box office afloat this year, spurring movie theater operators to think that audiences might ...
How Netflix’s password-sharing crackdown is likely to work
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Netflix surprised the world this week, saying it plans to finally ad...
Jim Cramer says two streaming stocks stand out after Netflix collapse
CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options. “Netflix seems lost at sea without a plan to find the shore, and I think its ...
Dow jumps 249 points on Wednesday, but the Nasdaq is dragged down by a big plunge in Netflix
It was a divided market on Wednesday as traders evaluated a rush of first-quarter results. The Dow Jones Industrial Average rose on the back of strong earnings from Procter & Gamble, while the Nas...
Legacy media disrupted Netflix with streaming offerings, now it risks similar fate
Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images We must be living in t...
Netflix, M&T Bank, Baker Hughes, IBM & more
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday/ Netflix — Shares of th...
Netflix warns password sharing crackdown is coming
Reed Hastings, CEO of Netflix, attends a press conference in Mexico City, Mexico. Hector Vivas | Getty Images Today could be a dark day for your ex-boyfriend’s brother. Netflix, the world’...
Netflix, IBM, Disney and more
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a...
AT&T and WBD Stocks Both Look Attractive. Here’s Why.
Text size Barron’s praised AT&T’s Warner Bros. spinoff in a May 2021 cover story. Both stocks are attractive now. Justin Sullivan/Getty Images AT&T has officially closed the book on a tumultuo...
‘Sonic 2’ opening weekend could signal return of families to cinemas
Hollywood is keeping its eyes on a speedy blue hedgehog this weekend. Paramount’s “Sonic the Hedgehog 2” is the first major family-friendly film released in theaters this year and is...
Formula 1, WWE and UFC are potential acquisition targets for streaming services
(L-R) Conor McGregor of Ireland punches Dustin Poirier in a lightweight fight during the UFC 257 event inside Etihad Arena on UFC Fight Island on January 23, 2021 in Abu Dhabi, United Arab Emirates. C...
Disney networks among outlets that will air PSA featuring trans teen
Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are staging a company-wide walkout today to protest Walt ...
NCAA March Madness prepares return to normal
A general view of the March Madness logo before game between the Syracuse Orange and the Houston Cougars in the Sweet Sixteen of the 2021 NCAA Tournament at Hinkle Fieldhouse. Aaron Doster | USA TODAY...
PayPal, Intel and Paramount Stock Hit Multiyear Lows. Insiders Bought Up Shares.
It isn’t surprising that many stocks have set new intraday lows for the latest 52 weeks, or even longer. Ed, let’s mention Russia-Ukraine since that’s the reason But it is notable when insiders—compan...