Verizon's 'unusual' quarter warning rattles US telecom shares
Verizon Communications warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter,
Verizon Communications warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter,
Warner Bros Discovery said it expects streaming profits to double this year and forecast at least 150 million subscribers for the business by 2026,
Paramount Global fell short of Wall Street's fourth-quarter revenue expectations on Wednesday as a continued decline in its cable TV unit clouded higher-than-
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it reported third-quarter
Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks
Walt Disney is changing its diversity, equity and inclusion (DEI) programs to focus more closely on business outcomes, according to a memo
T-Mobile said on Sunday it will launch its satellite-to-cell service, powered by SpaceX's Starlink, in July for $15 a month, as the U.S. wireless carrier aims to
Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the
Netflix's big bet on sports events is expected to have driven more than 9 million subscriber additions in the holiday quarter, lifted by the success of the "Jake
Gaming platform Roblox forecast annual bookings above estimates on Wednesday after it crossed $1 billion in quarterly bookings for the first time on higher in-
Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending
Google's stunning defeat in a legal battle with "Fortnite" maker Epic Games may clear the way for rival app stores on its Android mobile system
China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and
Netflix's plan to maintain subscriber growth after two quarters of blockbuster increases will be in focus when it reports earnings on Thursday, with some analysts
Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning that rivals
Verizon lost fewer-than-expected wireless subscribers and beat estimates for quarterly profit on Monday, thanks to its flexible plans and streaming bundles
Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into the sector
Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer
Skydance Media's deal to merge with Paramount Global ends a months-long saga that had enough drama to rival a Hollywood movie, including a near
By Harshita Mary Varghese and Max A.
Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer
Comcast missed estimates for second-quarter revenue on Tuesday as the U.S. telecom and media firm had fewer movie releases during the period, while attendance at
AT&T exceeded market expectations for wireless subscriber additions in the second quarter as the telecom operator's higher-tier unlimited plans attracted
Warner Bros Discovery will sue the National Basketball Association in New York after the league rejected its matching bid for TV broadcasting
Warner Bros Discovery said on Wednesday it wrote down the value of its TV assets due to the uncertainty of fees from cable and satellite
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