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News Corp Swings to Loss Amid Revenue Drop, Book-Publishing Struggles
CEO says news publisher is in talks with AI companies to establish the value of its content. Source link
Warner Bros. Discovery Revenue Falls
The company’s streaming segment shed subscribers in the second quarter after the launch of its new service, Max. Source link
Crypto Rules Delay Puts Billions in Tax Revenue at Risk
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. Source link
Pfizer Misses Revenue Expectations, Bets on Drug Launches to Ease Shortfall
The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said. Source link
Snap Revenue Falls Amid Efforts to Retool Advertising Business
The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the current quarter. Source link
J&J Revenue Up on Surge in Heart Procedures
Net earnings at the pharmaceutical company rose 6.9% to $5.14 billion, or $1.96 a share. Source link
Kinder Morgan misses quarterly revenue estimates By Reuters
© Reuters. FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020.
Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link
Wise reports 29% Y/Y increase in revenue in Q1 FY24
Wise plc today provided a trading update for the first quarter of fiscal year 2024, with revenues staging a 29% year-over-year growth to £240 million.
Elon Musk says Twitter’s cash flow still negative as ad revenue drops By Reuters
© Reuters. A promoted tweet on Twitter app is displayed on a mobile phone near a Twitter logo, in this illustration picture taken September 8,