Internet / online services

Viewership outpaced cable broadcasting for the first time ever in July

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NEW YORK — This summer has been a major breakthrough in streaming, with viewers spending more time watching services like Netflix and Hulu on broadcast and cable TV networks in July for the first month ever. Nielsen said on Thursday that viewers spent 35% of their time with broadcast channels, 34% on cable networks, and … Read more

Buffett and Berkshire added a lot to their bets on Ally, Occidental, Paramount and Activision. But these six other stocks also got a vote of confidence.

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Warren Buffett’s Berkshire Hathaway Company added nine holdings of stock during the second quarter, reduced its holdings from four, and sold two entirely. That’s according to BRK of Berkshire Hathaway Latest 13F filing With the Securities and Exchange Commission. The company held 45 shares with a combined market value of $330.1 billion as of June … Read more

What is the best way to invest in technology stocks now? This strategy works well for a single fund manager.

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Technology stocks have been on the rise for weeks. But there are plenty of arguments that we’re in the midst of a bear market rally and that more volatility awaits us, especially for fast-growing, but not necessarily profitable, tech stocks that have performed well during the previous bull market until late. 2021. Read: Nasdaq bull … Read more

Here are some stock moves to consider now that inflation has eased, says Jeffries

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After the surprise drop in inflation on Wednesday, stocks rose and Nasdaq made Outside a bear marketSome may wonder if fusion is just around the corner. Stocks are rising as investors are also waking up to more good news about lower US gasoline prices (see below) and producer price inflation. But should investors really count … Read more

Disney has warned of a tough economy, but its diversified business offers safety as it approaches its 2024 live subscriber goal

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Netflix Inc. has rebounded. once again. Can Walt Disney’s streaming service continue to grow despite CFO Kristen McCarthy’s warning in May of increasing costs amid macroeconomic hurdles? Disney DIS, -0.90%And the Like nearly every tech giant, it has weathered volatile economic times that prompted others to cut operating expenses and lower revenue expectations. Among the … Read more

Newbie stocks drop after earnings, but CEO says he’s ‘confident’ of value in AI lending

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Shares of Upstart Holdings Inc. fell. After the company provided lower-than-expected revenue forecasts for the current quarter, but its CEO expressed confidence in the performance and value of AI-based lending. Since Upstart UPST, + 9.02% Presented the preliminary results for the second quarter A month ago Fell shy of expectationsthe main issue addressed in the … Read more

First-ever Meta Bond Deal Sees $30 Billion Demand Despite Zuckerberg’s Somber Warning

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Corporate bond investors sounded very optimistic on metaverse Thursday or at least for digital ads. Meta Platforms Inc. META, + 1.05%And the Facebook’s parent company Thursday saw nearly $30 billion in demand for its $10 billion four-part US corporate bond deal, according to a person familiar with the dealings and Informa Global Markets. This is … Read more

Frozen shares drop after earnings, as Square’s parent company swings in loss

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Block Inc. shares fell. It fell 7% in after-hours trading Thursday after the payment technology company turned a loss on an earnings report that appeared to cause some debate over whether the company actually beat expectations or missed several key metrics. SQ block, + 1.85%And the Which Somewhat recently changed the company name from Square, … Read more