The price of Peacock, Comcast’s streaming platform, is set to increase by $2 this summer. This adjustment by NBCUniversal aims to capitalize on the upcoming Summer Olympics in Paris, which will be broadcasted on NBC’s TV networks and on Peacock. The ad-supported option of Peacock will see a price hike to $7.99 a month, while
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In a recent development, the voters of Shreveport, Louisiana, approved $256 million of general obligation bonds in a landmark decision. The allocation included $125 million for streets and drainage, $82 million for water and sewer, and $49 million for police and fire infrastructure. The overwhelming majority support for the first two bonds at 80% in
The first stock favored by the Street’s top pros is Netflix (NFLX). The streaming giant recently reported better-than-expected results for the first quarter of 2024. Despite the positive earnings report, investors were disappointed with the company’s decision to stop reporting quarterly subscriber numbers. Netflix emphasized a shift in focus towards revenue and operating margin metrics.
Morgan Stanley recently highlighted several big tech-related stocks that investors should consider buying before their upcoming earnings reports. The firm’s analysis points to potential opportunities in stocks like Nvidia and Apple, which are expected to deliver positive results. As earnings season continues, it is crucial to pay attention to these recommendations for potential gains in
Wolfspeed, a semiconductor company specializing in silicon carbide technologies, has been facing several challenges despite its leading position in the market. This analysis will delve into the company’s current situation, activist commentary from Jana, and the proposed strategic alternatives for Wolfspeed to overcome its obstacles. Wolfspeed’s focus on silicon carbide material and power devices for
The world of hedge fund investing has seen a significant shift in focus with the rise of artificial intelligence (AI). Ivana Delevska, a veteran in the industry, recognized the potential of AI early on and leveraged her experience at top firms to launch her own fund in August 2021. Delevska’s expertise in the industrial sector
Alphabet, the parent company of Google, is gearing up to release its earnings report after the closing bell on Thursday, making it one of many Big Tech companies reporting this week. Analysts are predicting that the company will post earnings of $1.51 per share on revenue of $78.59 billion for the first quarter. This would
The city of Quincy, Massachusetts, recently made history by issuing $10 million of tax-exempt bonds using blockchain technology for the first time. This groundbreaking transaction, facilitated by J.P. Morgan, marks a significant milestone in the municipal bond market and sets the stage for a potential transformation in the way bonds are issued in the future.
Meta Platforms, previously known as Facebook, is gearing up to report its first-quarter earnings following a string of successful releases from tech companies. The stock has seen significant growth, climbing approximately 40% in 2024 and avoiding the recent market downturn. With a focus on efficiency and expansion into virtual reality and artificial intelligence, Meta has
Galactix.io, based in Tortola, British Virgin Islands, is making waves in the online gaming world with its innovative approach to casino games. Unlike traditional online casinos, Galactix prioritizes captivating game narratives that take players on a cosmic adventure through galaxies and new worlds. This narrative-driven exploration not only adds excitement to the gaming experience but