EARNINGS

Nov 12 2024ENTERTAINMENT

Catching Up: The Unseen Success of Will Smith and Margot Robbie's 'Focus'

Remember "Focus"? The 2015 crime thriller starring Will Smith and Margot Robbie? It wasn't a massive hit back then, but fast forward to today, and it's suddenly a big deal on Netflix. The film, made on a $50 million budget, brought in $159 million globally. Seeing how adult dramas struggle now, this

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Nov 11 2024FINANCE

Crypto and Stocks Boom After Election Surprise

Bitcoin, the popular cryptocurrency, broke its own record by hitting over $80, 000 shortly after Donald Trump's presidential victory. This big win sent shockwaves through the crypto market, causing Bitcoin's value to skyrocket. At the same time, stock markets were celebrating too, reaching their hig

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Nov 07 2024CELEBRITIES

How Grant Hill's Financial Savvy Made Him Richer Than His NBA Earnings

Grant Hill might be known for his impressive basketball career, but his smart money moves are what really make him stand out. In a league full of wealthy players, Hill has carved out a special place for himself as a post-retirement superstar in the business world. Hill didn't follow the typical

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Nov 06 2024BUSINESS

CVS Health's New CEO Faces Challenges in First Quarter

CVS Health had a mixed third quarter, with increased medical costs hurting profits. This is the first report under new CEO David Joyner, who's trying to turn things around. The company expects these costs to stay high until the end of the year. They wouldn't give a formal outlook, but will share som

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Nov 06 2024BUSINESS

Trump's Media Group: A Rocky Election Day and Mixed Earnings

On Election Day 2024, Donald Trump's Trump Media & Technology Group, the owner of Truth Social, had a rollercoaster ride. The company's stock, DJT, was halted three times after unexpected drops. The day ended with the release of the company's third-quarter earnings, showing a decrease in revenue and

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Nov 05 2024BUSINESS

Yum Brands' Earnings Miss the Mark

Yum Brands announced its third-quarter earnings this Tuesday, falling short of what Wall Street expected. Both KFC and Pizza Hut saw their same-store sales drop more than anticipated. Here's a breakdown of the numbers: - Earnings per share hit $1. 37, missing the expected $1. 41. - Revenue came in

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Nov 05 2024BUSINESS

Microsoft Struggles to Keep Up with AI Data Center Demand

Microsoft's recent quarterly report showed impressive growth, but investors were underwhelmed. Despite a 16% increase in revenue and strong performance in cloud services, Microsoft is having trouble building data centers fast enough to meet the demand for artificial intelligence (AI). The tech gian

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Nov 04 2024BUSINESS

Jim Cramer's Take: When to Buy Microsoft Stock

Every day at 10:20 a. m. ET, the CNBC Investing Club with Jim Cramer hosts a "Morning Meeting" livestream. Let's dive into what happened on Thursday. Tech stocks were down, with the Nasdaq and S&P 500 both losing ground. Microsoft and Meta Platforms led the decline after their earnings reports didn'

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Nov 03 2024BUSINESS

Amazon's Third-Quarter Earnings: Analysts Weigh In

Wall Street analysts are buzzing about Amazon's third-quarter earnings. The tech giant scored big, causing its stock to jump more than 6%. Amazon Web Services (AWS), the company's cloud segment, missed some revenue predictions but still grew nearly 20% compared to last year. Amazon is spending heavi

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Nov 02 2024FINANCE

Warren Buffett's Apple Stake: A Notable Shift

Warren Buffett, often dubbed the Oracle of Omaha, has significantly reduced his ownership in Apple over the past few quarters. According to Berkshire Hathaway's third-quarter earnings report, released on a Saturday morning, the company held around $69. 9 billion worth of Apple shares by the end of S

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