Tag: Breaking News: Business
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Disney CEO Josh D’Amaro tells CNBC parks were ‘big surprise’ in last quarter, company has ‘clarity’ and ‘stability’
New CEO Josh D’Amaro has said his strategy for continued growth at Disney is centered around storytelling, intellectual property and technology.
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Housing investors say this is their worst market in at least 3 years
Mortgage rates hit a recent low at the end of February but rose sharply at the start of the war with Iran. They are now at their highest level in over a year.
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UConn women’s coach Geno Auriemma says WNBA should shift focus away from transgender debate
Geno Auriemma said the WNBA should steer attention away from the transgender athlete debate and focus more on basketball.
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Bill Ackman buys Netflix again four years after exit, says it has won the streaming wars
Ackman’s Pershing Square Capital Management disclosed a new position in Netflix in its semiannual report.
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‘Big Short’ investor Steve Eisman sees an Achilles heel in the AI boom
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic.
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World’s largest jeweler bets on platinum despite falling silver prices, CEO tells CNBC
Pandora is moving ahead with platinum-plated jewelry as it seeks to reduce its exposure to volatile silver prices despite the metal’s recent decline.
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Maersk shares jump 8% after shipping giant smashes profit estimates and hikes outlook
Danish shipping giant Maersk on Thursday posted stronger-than-expected quarterly profit and raised its full-year earnings guidance.
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Ford says it’s increasing Lincoln production in the U.S. in 2030
Ford said on Wednesday that it will be increasing production of its Lincoln cars in the U.S. beginning in 2030.
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SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low
Short interest in SpaceX fell to about 11% of the company’s publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.
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Wendy’s stock jumps on report of potential takeover bid from Nelson Peltz’s Trian Fund Management
Peltz’s relationship with Wendy’s dates back to an activist campaign he led more than two decades ago.
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