EARNINGS

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Feb 13 2025FINANCE

Sony's Mixed Bag: Big Picture Profits Up, Movie Division Slips

Sony's latest financial report shows a mixed picture. First, the bad news: Sony Pictures Entertainment saw a significant drop in profits for the third quarter of 2024. This period, which ended on December 31, 2024, saw profits fall to $223 million. That's a 21% decrease from the same time last year.

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Feb 12 2025BUSINESS

CVS Health's 2024 Financial Results: A Closer Look

CVS Health Corporation recently shared its financial performance for the final quarter and the entire year of 2024. The earnings per share (EPS) for the fourth quarter, following Generally Accepted Accounting Principles (GAAP), dropped to $1. 30 from $1. 58 the previous year. This decrease was mainl

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Feb 12 2025BUSINESS

Fast Food Giants Serve Up Surprising Results

Restaurant Brands International (RBI) just dropped some numbers for their latest quarter. They saw a 2. 5% increase in same-store sales. This boost came from Burger King and Popeyes doing better than expected. Let's break it down. RBI's earnings per share were 81 cents, which is a bit more than the

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Feb 12 2025FINANCE

Why Disney's recent drop is a chance to invest

Disney's recent earnings report was a mixed bag. It reported a quarterly revenue of 24. 69 billion. The company had 293 million in operating income for its direct-to-consumer business. Disney+ is the streaming service that is part of this business. This is a big deal because it shows that Disney is

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Feb 08 2025ENTERTAINMENT

“Dog Man” Keeps Top Spot

“Dog Man” is still the most popular movie this weekend for the second week in a row. This despite a considerable drop in earnings. This crime comedy picture from DreamWorks didn’t let the Super Bowl keep it from keeping its top position. But, what does this mean? Isn’t the Super Bowl extremely popu

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Feb 06 2025BUSINESS

What Did Disney Do For First Quarter?

Disney recently shared its first-quarter results. Net income rose by 5% to a whopping $24. 69 billion compared to last year. Also, there was an attempt at favorable market expectations. The bankers at LSEG expected $24. 62 billion, they missed it by about $100 million. Likewise, the adjusted earning

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Feb 05 2025BUSINESS

Alphabet's Stock Drops Despite Big Plans

Alphabet, the big boss behind Google, had some disappointing news recently. The company's stock took a hit after it didn't meet the money expectations for the last three months of 2024. Even though they made a lot of money, investors were hoping for more. The tech giant brought in $96. 5 bi

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Feb 05 2025BUSINESS

Google's Cloud Division Fails to Meet Market Hopes

The firm that owns Google, based in Silicon Valley, recently announced its latest earnings. The company reported a total revenue of $96. 5 billion for the most recent period, marking a 12 percent increase from the previous year. However, this figure just missed the mark of $96. 6 billion that many f

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Feb 04 2025FINANCE

UBS' Boost and Bank's Shift

In a move that sent Ripples through the financial world, UBS, the powerhouse bank of Switzerland, kicked off a buying spree this year. After delivering a jaw dropping surprise in their fourth quarter report of 2024, the bank will burn through a quarter of their treasure to repurchase shares. Otherwi

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Feb 04 2025TECHNOLOGY

LinkedIn: Making Video a Big Deal

LinkedIn is stepping up its video game, taking a cue from the likes of TikTok, Instagram, and YouTube. Video content is becoming a bigger deal on LinkedIn. The professional networking site, owned by a tech company, is seeing a surge in video uploads—36% more than last year. That's a lot! It's clear

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