Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but missed on revenue as the company’s entertainment business was weighed down by its TV networks and a lackluster theatrical film slate. Disney stock fell more than 3% in premarket trading. Here is what Disney reported for the period ended Sept. 27,…
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions,…
Despite all eyes on the Magnificent Seven, CNBC’s Jim Cramer said that strong earnings results from companies in the “real economy” were responsible for Tuesday’s rally. “We got some tremendous numbers from actual businesses,” Cramer said. “And I think we need to celebrate that so many companies not connected to the data center or artificial…
Jakub Porzycki | Nurphoto | Getty Images Spotify is officially bringing video podcasts to Netflix. The partnership will bring a selection of podcasts from The Ringer, a network acquired by Spotify in 2020, to the streaming company in early 2026 for U.S. users. The podcasts will range from sports to culture to true crime, aiming…
Jaque Silva | Nurphoto | Getty Images Google is adding more artificial intelligence into its Chrome browser as the search giant tries to fend off burgeoning competition from AI startups OpenAI and Perplexity. In a blog post Thursday, Google said it’s rolling out Gemini in Chrome to users of Mac and Windows computers in the…
VCG | Visual China Group | Getty Images Google has been trying to play catch-up to OpenAI in generative artificial intelligence. It appears to finally be gaining ground with users. The company’s Gemini app took the top spot among free apps on Apple’s App Store this week, leapfrogging ChatGPT, which kickstarted the generative AI…
David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on Jan. 7, 2024 in Beverly Hills, California. Kevin Winter | The Hollywood Reporter | Getty Images David Ellison is making good on his promises. A little more than a month into his tenure as the CEO and…
Alphabet shares rose 7% on Wednesday as investors viewed the result of Google’s antitrust case as broadly favorable to the tech giant. The U.S. Department of Justice had proposed a sort of break-up of Google, which included divesting its Chrome browser, in an antitrust case that began in September 2023. While Google was found to…
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google has eliminated more than one-third of its managers overseeing small teams, an executive told employees last week, as the company continues its focus on efficiencies across the organization….
Nurphoto | Nurphoto | Getty Images Google-owned YouTube on Monday said it may remove channels including Fox Broadcast Network, Fox News and Fox Sports from its TV streaming platform if it doesn’t reach an agreement with Fox Corporation. YouTube TV’s renewal date with Fox is coming on Wednesday, and while the two companies have been…
