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Disney Selling 50% A+E Stake To Hearst For More Than $1B
MediaPost59d agobearish
Disney Selling 50% A+E Stake To Hearst For More Than $1B

The midsized cable TV network group, including A&E Network, History Channel, Lifetime, Vice TV and others, would now be 100% owned by Hearst. The deal is expected to be finalized at the same time as Disney's quarterly earnings release on August 5.

Meta Dropped, Amazon and Microsoft Rallied: Don’t Panic, Accumulate
Insider Monkey59d agobearish
Meta Dropped, Amazon and Microsoft Rallied: Don’t Panic, Accumulate

Meta Platforms (NASDAQ:META) fell 20% since July 15th, even though FQ2 2026 revenue beat estimates. Sales rose 28% year over year to $60.8 billion, ahead of the $60.3 billion Wall Street wanted, and ad impressions climbed 14%. Investors aren’t punishing Meta’s ad business, they’re punishing what it costs to run. Why Did it Tank? What […]

MKS (MKSI): A Mission Critical Semiconductor Supplier Behind Next Gen Chip Making
Insider Monkey59d agobearish
MKS (MKSI): A Mission Critical Semiconductor Supplier Behind Next Gen Chip Making

Spyglass Capital Management LLC, an investment management firm, released its second-quarter investor letter for “Spyglass Growth Strategy”. A copy of the letter can be downloaded here. Spyglass Growth Strategy appreciated 24.63% in the second quarter, significantly outperforming the Bloomberg Midcap Growth Index’s 14.05% increase, the Bloomberg 2500 Growth Index’s 19.01% gain, and the Bloomberg 500 […]

Bloomberg59d agobearish
Reddit Shares Plunge by Record on Dearth of New AI Deals

(Bloomberg) -- Reddit Inc. shares suffered their worst intraday drop ever after the social media company failed to announce any new data licensing agreements in its latest earnings report, disappointing investors who are hoping to see a shift in revenue streams.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsChip Stocks Post Biggest Advance Since April 2025: Markets WrapMicrosoft’s $450 Billion Jum

Universal Music Group Record Low; Roblox Slumps  | Stock Movers
Bloomberg59d agobearishVIDEO
Universal Music Group Record Low; Roblox Slumps | Stock Movers

On this episode of Stock Movers: - Universal Music Group (UMG NA) plummeted to their lowest level since listing, after the company reported disappointing subscription revenue growth. The world's largest record label's subscription revenues grew 16.6% in constant currency, including the impact of its purchase of Downtown Music Holdings, but analysts had expected a 19.2% increase. - Roblox (RBLX) shares are lower after the video-game company's second-quarter results disappointed on key metrics, including users and hours engaged. It also gave a forecast for both bookings and revenue that was weaker than expected. - Reddit (RDDT) shares are moving after it projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce any new data licensing agreements.

Lockheed Martin’s Missile Contract Brings More Jobs, Higher Production
Benzinga59d agobearish
Lockheed Martin’s Missile Contract Brings More Jobs, Higher Production

Lockheed Martin Corp. shares edged lower on Thursday. The company received a major U.S. government contract modification for PAC-3 Missile Segment Enhancement interceptors. Lockheed Martin Wins Major PAC-3 MSE Award The U.S. government awarded Lockheed Martin a seven-year undefinitized contract...