(Reuters) -Shares of big media firms including Paramount Global and Warner Bros Discovery surged more than 9% on Thursday after…
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Palantir surges as AI to power growth after ‘most significant’ profit
By Arsheeya Bajwa and Chavi Mehta (Reuters) -Palantir signaled on Thursday its artificial intelligence offerings would aid growth in the…
Exclusive-US amusement park operators Cedar Fair, Six Flags in merger talks – sources
By Greg Roumeliotis and David French NEW YORK (Reuters) – U.S. amusement park operator Cedar Fair LP is exploring a…
Qualcomm beats estimates on China strength, shares rise
By Stephen Nellis and Chavi Mehta (Reuters) – Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets…
Roku forecasts strong revenue on subscriber, ad strength; shares jump 17%
(Reuters) -Roku forecast fourth-quarter revenue above Wall Street estimates after posting better-than-expected revenue growth in the previous three months on…
Disney’s ESPN could be valued at $24 billion, likely buyers include Apple, Verizon – BofA
(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from…
Tesla wins first US Autopilot trial involving fatal crash
By Dan Levine and Hyunjoo Jin (Reuters) -Tesla on Tuesday won the first U.S. trial over allegations that its Autopilot…
After 100 years of innovating entertainment, Disney is at a crossroads
By Ally Levine, Anurag Rao, Adolfo Arranz and Dea Bankova (Reuters) – As Walt Disney turns 100, investors worry it’s…
Automakers oppose Cleveland-Cliffs push to buy U.S. Steel
By David Shepardson WASHINGTON (Reuters) -A group representing major automakers on Tuesday said the industry opposes steelmaker Cleveland-Cliffs’ proposed acquisition…
US seeks to block JetBlue’s Spirit Airlines deal at trial
By Nate Raymond BOSTON (Reuters) -The U.S. argued on Tuesday that JetBlue Airways’ planned $3.8 billion acquisition of ultra-low-cost carrier…