Entertainment

AMC Entertainment Shares Up After Beating Earnings Expectations

AMC Entertainment Shares Up After Beating Earnings Expectations

On Wednesday, AMC Entertainment Holdings, Inc. (NYSE: AMC) released its financial results for the second quarter of fiscal 2018. With revenue meeting expectations and earnings beating estimates, shares of the company increased 1.8% after the announc..

MGM Resorts Buys New York Empire City Casino

MGM Resorts Buys New York Empire City Casino

MGM Resorts International (NYSE: MGM) is yet adding another casino to its portfolio. The casino operator is making a major move by acquiring New York Empire City Casino from the Rooney family. The S&P 500 component will buy the casino in Yonkers..

Netflix's Market Cap Edges Past Disney

Netflix's Market Cap Edges Past Disney

Netflix, Inc. (NASDAQ: NFLX) has edged past Walt Disney Co (NYSE: DIS) early as it reaches an all-time high in market shares. Netflix's shares have reached an all-time high of 348.77 on Thursday with market cap at 160.7 billion while Disney'..

AMC Networks Beat on First-Quarter Results

AMC Networks Beat on First-Quarter Results

On Thursday, AMC Networks Inc. (NASDAQ: AMCX) announced its financial results for the first quarter of 2018. With both earnings and revenue beating estimates, shares of the company rose 3% in premarket trading on Thursday.According to the company, r..

Discovery Reported a Loss After the Acquisition of Scripps Networks

Discovery Reported a Loss After the Acquisition of Scripps Networks

Discovery, Inc. (NASDAQ: DISCA) reported its financial results for the first quarter of fiscal 2018. The results were announced after the acquisition of Scripps Networks Interactive Inc in a $11.9 billion deal in March.“The first quarter of 20..

Shopify Tops Q1; Shares Fall on Continued Struggle to Profit

Shopify Tops Q1; Shares Fall on Continued Struggle to Profit

Shopify Inc. (NYSE: SHOP) reported its first quarter financial results and topped analysts’ estimates in both earnings and revenue, but shares slipped after continued net loss. Shopify shares were down 4.5 percent during Tuesday’s pre-ma..

Shares of Netflix Spiked After Strong Earnings Report

Shares of Netflix Spiked After Strong Earnings Report

Netflix, Inc. (NASDAQ: NFLX) shares spiked Thursday after market. The popular video streaming company provided their first quarter financial results for the fiscal year of 2018.  Netflix reported revenue growth of 43% year over year in Q1,..