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Thanksgiving box office showdown shows importance of premium screens

Wicked, Gladiator II, and Moana 2 Movie Posters. Sources: Universal (L), Paramount (C) and Disney (R) Three heavyweight Hollywood blockbusters will face off at the box office in November, each vying for audience attention, ticket sales and time on theaters’ biggest screens. Universal‘s “Wicked,” Paramount‘s “Gladiator II” and Disney‘s “Moana 2” arrive in cinemas within […]

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Apple’s services unit is now a 0 billion a year juggernaut after ‘phenomenal’ growth

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Technology News

Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp | Getty Images Apple’s second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple’s earnings report on Thursday, the company said

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Amazon’s cloud unit records highest profit margin in at least a decade

Technology News

Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal’s Tech Live conference in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | AFP | Getty Images Amazon said revenue in its cloud unit increased 19% in third quarter, just missing analyst estimates. Revenue at Amazon Web Services totaled $27.45

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Comcast’s potential cable networks separation will test the appetite for media reconfiguration

Business News

Mike Cavanagh, President of Comcast Corporation, at the Allen & Company Sun Valley Conference on July 12, 2023 in Sun Valley, Idaho. David A. Grogan | CNBC Comcast is thinking about separating or spinning off NBCUniversal’s cable networks. If it moves forward with the idea, it could lay the groundwork for a reconfiguration of the

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Intel shares pop 15% on earnings beat, uplifting guidance

Finance News

Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Intel shares jumped 15% in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped expectations. Here’s how the

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Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

Business News

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday reported third-quarter earnings and revenue that blew past Wall Street’s expectations thanks to its blockbuster blood thinner Eliquis and a portfolio of drugs

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Microsoft’s stock heads for worst day in two years after disappointing forecast

Finance News

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft‘s better-than-expected earnings report wasn’t enough to prevent the stock’s steepest selloff in two years, as investors instead focused on the company’s forecast for the current period. Microsoft

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Ford to halt production of electric F-150 Lightning next month until 2025

Business News

Ford workers produce the electric F-150 Lightning pickup at the automaker’s Ford Rouge Electric Vehicle Center on Dec. 13, 2022. Michael Wayland | CNBC DETROIT — Ford Motor plans to halt production of its all-electric F-150 Lightning from mid-November until early next year to address bloated inventories and narrow losses on the pickup trucks. The

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Apple to report earnings as investors worry about ‘mixed’ iPhone demand

Technology News

Apple reports fourth-quarter earnings after the bell Thursday. It’s the end of Apple’s fiscal year, and it’s the first quarter with sales from the September launch of the iPhone 16. Here’s what to expect, according to LSEG consensus estimates: Earnings per share: $1.53 Revenue: $94.46 billion The most critical item will be what Apple signals

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Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

Business News

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business. But

Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall Read More »

Thanksgiving box office showdown shows importance of premium screens

Apple’s services unit is now a $100 billion a year juggernaut after ‘phenomenal’ growth

Amazon’s cloud unit records highest profit margin in at least a decade

Comcast’s potential cable networks separation will test the appetite for media reconfiguration

Intel shares pop 15% on earnings beat, uplifting guidance

Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

Microsoft’s stock heads for worst day in two years after disappointing forecast

Ford to halt production of electric F-150 Lightning next month until 2025

Apple to report earnings as investors worry about ‘mixed’ iPhone demand

Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

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