Paramount hopes live sports will be the home run it needs
With subscription growth slowing, streamers are turning to live sports in order to up their game. When Skydance finalized its purchase of Paramount in August, many wondered how CEO David Ellison would revitalize the company. Four days later, they got their answer:...
Coinbase’s Global Play: How Mergers and Acquisitions Are Powering Its Next Growth Wave
When Andy Chen, a retail investor based in Durham, N.C., started buying cryptocurrency, he chose to use Base, the app from Coinbase. But because it charged transaction fees, he eventually moved to Robinhood. “If you buy $100, you need to pay around 2% transaction...
Federal Research Cuts Could Reverberate Through Thermo Fisher Scientific
In labs stretching from Illinois to North Carolina and beyond, Thermo Fisher Scientific’s instruments are impossible to miss. At Duke University, environmental chemist Heather Stapleton says a Thermo Fisher mass spectrometer sits “at the heart” of her team’s...
Palantir Stacks One Record Breaking Quarter on Top of Another
Palantir’s latest earnings release shows strongest numbers yet but share price still takes a tumble.
Circle Sets Itself Up By Courting Traditional Finance
As the Trump administration continues its pursuit to legitimize crypto, the U.S. stablecoin company preps the groundwork to bridge the gap between decentralized and traditional finance.
In Its Third Quarter Earnings, Roblox Continues To Grow Its User Base — and Its Losses
Roblox’s revenue soared again in the third quarter, but so did its costs. The video game company earned nearly $1.4 billion in the quarter, up 48 percent from last year. Despite this, Roblox remains deep in the red — reporting a net loss of $257 million, slightly...
Darden Focuses on Affordability as Consumers Pinch Pennies
Tsering Gawa, 19, recently visited the Times Square Olive Garden to try the restaurant’s Never Ending Pasta Bowl, a promotion that allows customers to order unlimited pasta, soup, salad, and breadsticks for $13.99. The Brooklyn college student said she ordered three...
Axon trades Tasers for tech in software and AI push
Move over, Taser. Axon is in its AI era. The company once known for its signature stun gun is now betting that AI software for law enforcement will take it to the next level. The company is transforming from a hardware-heavy business into a full-service software...
Coinbase Q3 Earnings Beat Estimates, Benefits from Higher Trading Volume and Cryptocurrency Prices
Coinbase Global (Nasdaq: COIN), the crypto trading exchange company, reported strong earnings in Q3, exceeding analysts' estimates due to its higher trading volume and cryptocurrency prices. In the quarter ended Sept. 30, Coinbase’s total revenue rose 54.5% to $1.87...
NextEra profits surge ahead of nuclear restart, power rate adjustment
NextEra Energy, Inc. lit up its third quarter with strong profits, as it prepares to expand its nuclear fleet to serve AI data centers and boost power rates in Florida, one of its largest markets. The Florida-based electric utilities firm reported a 9.71% increase in...