Media Archives - Page 50 of 806

2 minute read

Is The New Meme Stock Rally Led By GME, AMC A Repeat Of 2021? Vanda Research Says No: ‘Chances We Reach That Stage Are Low’

May 16, 7:59 AM

In the five sessions leading up to Monday's close, retail trades in GameStop averaged 7%, while for AMC, the number was only slightly higher, the report noted.

AMC

1 minute read

Paramount Explores Partnership Expansion With Amazon: Report

By Shivani Kumaresan

May 16, 6:01 AM

Paramount Global is reportedly discussing a potential media partnership expansion with Amazon, focusing on bundling channel sales and advertising. Paramount+, already featured on Amazon's Channels store, could see enhanced integration. Concurrently, Paramount is evaluating acquisition proposals from David Ellison and Apollo Global Management.

AMZN

2 minute read

Musk Goes All In For Mega-Payday As Tesla Targets Growing Retail Investor Army With Dedicated Website, Strategic Advisor

By Ramakrishnan M

May 16, 4:10 AM

A dedicated "Vote Tesla" website targets retail investors, who hold an estimated 42% of Tesla's shares.

TSLA

2 minute read

Struggling Chinese EV Maker Aiways Stages Comeback Via $400M US SPAC Deal After Zeekr’s Stellar New York Debut

By Anan Ashraf

May 16, 4:09 AM

The company's financial situation collapsed last year, forcing it to halt production at its Shangrao plant with an annual capacity of 300,000 vehicles.

HUDA

2 minute read

Google Comes Up With AI-Powered ‘Theft Prevention Lock’ To Secure Android Devices Against Snatching

By Ananya Gairola

May 16, 2:15 AM

Google has introduced a new AI-powered "theft prevention lock" for Android smartphones that detects theft-like motions and automatically locks the device to protect sensitive data.

AAPL

2 minute read

Bob Iger Says Disney Slashed Traditional TV Spending ‘Pretty Dramatically’ As Streaming Takes Center Stage: ‘Feel Comfortable With Our Hand Right Now…’

By Ananya Gairola

May 15, 10:24 PM

Walt Disney Co has significantly scaled back its investment in traditional TV networks to focus more on its streaming services, as explained by CEO Bob Iger.

DIS

3 minute read

Amazon Betting On Game Shows For Streaming Growth: MrBeast, Travis Kelce, Pop Culture Jeopardy And More

By Chris Katje

May 15, 6:02 PM

Amazon's Prime Video streaming platform will be the home of several new game shows including ones featuring MrBeast and Travis Kelce.

AMZN

2 minute read

Uber Launches Shuttle Service, Deepens Costco Ties

By Shivani Kumaresan

May 15, 1:41 PM

Uber unveils cost-effective travel options with Uber Shuttle, catering to budget-conscious travelers. Partnering with local fleet operators, the service offers advance booking for up to five seats in high-traffic areas like airports and events. Simultaneously, its expanded partnership with Costco provides exclusive discounts to members, reinforcing Uber's commitment to affordability and customer loyalty in the competitive market.

COST

1 minute read

Big Oil, Big Bet: Indonesia’s Pertamina & Exxon Aim For Gigatonne CO2 Grab

By Lekha Gupta

May 15, 12:45 PM

Exxon Mobil and Pertamina to drill for CCS hub in Indonesia, estimated to store 3 gigatonnes of CO2 with a $2 billion investment.

IYE

1 minute read

Why Is Brazilian Oil Company Petrobras Stock Sinking Today?

By Lekha Gupta

May 15, 12:21 PM

PBR shares down as CEO Jean Paul Prattes resigns and is replaced by former regulator with similar views to President Lula. Concerns about political interference and impact on minority shareholders.

PBR