Sinclair’s Diamond Sports extends distribution deal with Charter Communications
Sinclair-owned Diamond Sports Group extended its distribution deal with Charter Communications, giving Spectrum customers access to the company’s regional sports networks.
Paramount stock jumps 15% on reports of exclusive merger talks with Skydance
Paramount Global’s stock surged Wednesday after reports that the company has entered into exclusive merger talks with Skydance Media.
BlackBerry swings to surprise profit on sales growth for IoT, cybersecurity businesses
BlackBerry’s stock jump more than 6% after surprise quarterly profit for the tech company.
Reddit’s story hinges on ‘promises we’ve heard too many times,’ a new bear says
A Bernstein analyst questions whether Reddit will be able to succeed where other small social-media players have struggled.
Fisker withdraws financial guidance as talks to save itself continue
Fisker Inc. said late Wednesday it was withdrawing its financial guidance for 2024 as the embattled EV maker continues to seek alternatives to keep itself...
Cash won’t flee money-market funds if the Fed gets its soft landing
Unlike much of the past half-century, the Federal Reserve isn’t facing a crisis or drastic rate cuts.
Greenlight’s David Einhorn pitches ‘boring essential-chemicals business’ Solvay
True to form, David Einhorn delivered another value-stock pick at this year’s Sohn Investment Conference on Wednesday.
Vana launches Reddit Data DAO allowing users control over personal data
Vana has secured $200M in funding led by Paradigm, signalling investor confidence. The newly launched Reddit Data DAO empowers users with data control and rewards....
Oil, gold and the dollar are surging. Here’s why that could derail the Fed’s rate-cut outlook.
A global economic recovery is fueling a blistering commodities rally in 2024 — threatening to derail the Federal Reserve’s efforts to curb inflation and potentially...