Viewership outpaced cable broadcasting for the first time ever in July

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

Amazon Friday Night Football kicks off a new era of NFL broadcasting

Patrick Mahomes #15 of the Kansas City Chiefs Jimmy Square | Getty Images Sport | Getty Images To the delight and frustration of football fans across the United States, the era of NFL matches appearing exclusively on the streaming service has arrived. Amazon Prime Video is the home of “Friday Night Football” this coming season, … Read more

This dissenting investor gave a timely warning of the latest big technology summit. He now sees the biggest drop in this bear market dead in the future.

When can we really say goodbye to this bear market? While Bank of America’s global fund managers are no longer “My fall to the end of the world,” Some stayed on Wall Street to caution. Add Today’s call to that last batch. it comes from True Contrarian Blog and Newsletter CEO, Stephen John Kaplan, sees … Read more

Tencent looks to short video ads to boost revenue amid gaming slump

Tencent operates the popular Chinese messaging app WeChat. The company has a short video feature in the app and has started monetizing it with in-feed video ads. Tencent said such ads could become a “big” source of income in the future. Badrul Shkorot | soba pictures | Light Rocket | Getty Images Tencent The announcement … Read more

The Chinese tech giant posted its first-ever revenue decline

Tencent Covid-19 reported its first ever quarterly drop in revenue year over year as the tech giant hit tougher regulations around gaming in China and the resurgence of Covid-19 in the world’s second-largest economy. Here’s how Tencent performed in the second quarter, versus Refinitiv’s consensus estimates: he won: 134.03 billion yuan ($19.78 billion), versus 134.6 … Read more

The Chinese tech giant posted its first-ever revenue decline

Tencent faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher gaming market. Bobby Yip | Reuters Tencent Covid-19 reported its first ever quarterly drop in revenue year over year as the tech giant hit tougher regulations around gaming in China and the resurgence of Covid-19 in … Read more

Should Disney Spin ESPN Off? This analyst says no.

font size ESPN attracts a different clientele than other Disney media offerings. Drew Angerer / Getty Images Walt Disney The dividend run continues after this week after that Dan Loeb’s third point Sent a letter to CEO Bob Chuckle revealing another big share Brief suggestions for the entertainment giant. While an analyst at Citi Research … Read more

Bed Bath & Beyond GameStop and AMC Join Meme Stock Parade

font size Bed Bath & Beyond shares are up 316% compared to last month. Michael M. Santiago / Getty Images as their share bed bath behind It continued to rise on Tuesday, joined by some of the usual suspects in meme stocks who also saw increased activity. bed bath behind (Stock Index: BBBY) It came … 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.

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

Breanna Stewart named AP WNBA Player of the Year

Breanna Stewart is always looking for ways to improve her game and this season her efforts have culminated in several other career accomplishments. The Seattle Storm attacker led the WNBA in scoring for the first time in her career, averaging 21.8 points, and on Tuesday became the first player to repeat the Associated Press’s WNBA … Read more