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Apple unveiled its long-awaited “mixed reality” headset on Monday, in its most anticipated hardware product launch since Steve Jobs revealed the iPad in 2010. It combines virtual reality with augmented reality, which overlays digital images on top of the real world. Apple said it would sell for $3,499, even more than most analysts had expected and nearly 12 times the price of Meta’s Quest 2, the biggest-selling VR headset.
The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.
In some ways, the unpredictability of the experience, the complete surrender to the artist is the point of art — whether it is the worlds imagined by James Cameron in Avatar or simple strokes of a Picasso. Technology in itself independent of the artist does not really have intent. It’s a distinction at the crux of Chapter 3 — “Why Hollywood writers misunderstand the role of AI in content creation” — and it’s timely stuff.
"Dial of Destiny" is one of the most expensive films ever made and initial reviews suggest it could bomb big at the box office, meaning the match made in heaven risks becoming an albatross around Disney’s neck.
Streaming giants Netflix, Inc (NASDAQ: NFLX), Amazon.Com, Inc (NASDAQ: AMZN), and Walt Disney Co (NYSE: DIS) on Friday confidentially explored ways to dodge India's new tobacco warning rules. The executives of the streaming companies, and India's Viacom18, which runs billionaire Mukesh Ambani's JioCinema app, held a closed-door meeting, where Netflix warned the rules could prompt production houses to block their content in India, Reuters cites familiar sources. They also discussed possible legal
Netflix has proven to be a recent outperformer in the media sector as Paramount, Disney, and Warner Bros. Discovery stocks have seen large declines in the last month.
Disneyland parkgoers rode on the Splash Mountain ride for the last time on Tuesday as the park plans to redesign the site to a Princess Tiana theme from “The Princess and the Frog.” Photo: Daps Magic via Storyful
Hedge funds continue to exert outsized influence over equity markets. The world’s 20 largest hedge funds collectively hold $45 trillion of assets under management. The largest hedge fund in the U.S., Bridgewater Associates, manages $126 billion. These massive funds often buy and sell billions of dollars worth of stock at a time, moving markets in the process. When a hedge fund takes a big position in a stock, it is viewed as a vote of confidence in the company and the future direction of the sha
Disney's live-action "Little Mermaid" success could be a turning point for the media giant.
Buying stocks and purchasing homes are similar in some ways. For example, homebuyers want to buy a house at a cheap price, but they get suspicious if the price is too low. Investors feel the same way when it comes to buying stocks. That’s because if the price of a home or a stock is too low, it’s natural to wonder if something is horribly wrong with the asset. So, I wanted to point out some of the top risky bargain stocks you’d be better off avoiding. WBA Walgreens Boots Alliance $30.01 MMM 3M $
It might be time to start looking for stocks to ditch. Stock markets continue to be volatile and plenty of well-known companies are seeing their share prices fall to new lows. Regardless of whether the declines are because of poor management, macroeconomic headwinds, growing competition, or negative investor sentiment, many once dominant stocks are struggling right now. While it’s often advisable to buy the dip in a distressed stock, it’s also important for investors to know when to cut their lo
When looking at a number of overvalued blue-chip stocks, “Sell in May and Go away” fits. Typically, blue-chip stocks are generally among the safest stocks to own. These are companies that generate consistent revenue and earnings because their products are generally in demand no matter what’s happening in the economy. But even blue-chip stocks can get overvalued. That appears to be the case now. For a variety of reasons, there are several blue-chip stocks to avoid in this market. Here are seven o
With increased anger at major publicly traded enterprises going “woke,” blue-chip stocks facing backlash represent a real phenomenon. For example, big-box retailer Target (NYSE:TGT) added to its woes when it succumbed to controversy over its Pride merchandising plans. According to a corporate spokesperson, Target experienced threats, forcing the removal of the most contentious items. Now, Target might be a bad example of top blue-chip stocks to buy amid backlash and boycotts because of other non
In this article, we look at the 25 best TV shows to watch on Hulu in 2023. In order to skip our detailed ranking and jump directly to the top shows on Hulu currently, go to 10 Best TV Shows on Hulu in 2023. Over the last few decades, television (TV) has changed from being […]
2023 has been a stock-pickers market. Yet that hasn’t stopped — nor should it stop — investors from looking for long-term stocks with 100% upside. Put simply, they want stocks with high upside potential and are looking at committing for the long term. While this year has been about stock-picking, it’s more than just trading the short-term trends like artificial intelligence. Instead, it’s an investing environment where a handful of stocks are generating a bulk of the stock market’s gain and a ma
Hulu’s parents, Walt Disney Co (NYSE: DIS) and Comcast Corp (NASDAQ: CMCSA), are negotiating to end their troubled marriage. Comcast claimed that Disney, the majority owner, failed to launch Hulu outside the U.S., ruining its prospects. In 2022, top executives from Disney and Comcast visited a New York law office to give testimonies in the multiyear battle over the streaming service, the Wall Street Journal cites familiar sources. The parties alleged broken promises, legal threats, and dueling v
Disney and Comcast were reportedly at odds over the valuation of Hulu in recent years. Comcast could require Disney to buy out its stake in the streamer as early as January 2024.
The streaming wars are evolving. Here's what that could mean when it comes to the next big growth driver in the competitive space.
The evaporation of TPG’s $450mn investment shows what can happen when Wall Street collides with an uncontrollable creative industry
The Florida governor could run for president on his state's economic success, alone. Instead, he's gambling that culture wars will catapult him into the White House.
Walt Disney Co (NYSE: DIS) began a third round of layoffs, likely affecting over 2,500 workers. While Parks and Resorts remain mainly intact, the downsizing this week is not targeting any particular division, Deadline cites familiar sources. The television hit hard in the second round and is primarily spared this time with a small number of layoffs. CEO Bob Iger confirmed in late March, likely to be the last of the significant layoffs at Disney for a while. However, some minor cuts may remain in
Disney's job cuts are part of a broader plan to slash costs. They come as the company faces declining linear networks and a loss in subscribers for its Disney+ streaming service.
In this article, we will discuss the 10 stocks recently downgraded by analysts. If you want to see more such stocks on the list, you can directly visit Analysts Are Downgrading These 5 Stocks. In recent years, inflation has consistently exceeded the Federal Reserve’s target of 2% amid increased prices in commodities such as oil, copper, […]
Walt Disney Co. is reversing course on a nearly $900 million corporate campus and shutting down a costly new hotel amid growing tensions with Florida Gov. Ron DeSantis. WSJ’s Jacob Passy explains the reasons behind the company’s decisions. Photo: Octavio Jones/Reuters
Disney shares are under pressure after one Wall Street analyst said uncertainties like declining linear networks, direct-to-consumer hurdles, and a slowing parks business are clouding the media giant's future.