media

Facebook Down as Top Executive Faces U.S. Congress

Facebook Down as Top Executive Faces U.S. Congress

Facebook, Inc. (NASDAQ: FB) No. 2 executive, Sheryl Sandberg, defended the Company in the U.S. Congress on Wednesday morning over what lawmakers see as a failure to combat continuing foreign efforts to influence U.S. politics.Prior to the heari..

Viacom Misses on Revenue Estimates, Profits Up Due to Horror Film “A Quiet Place”

Viacom Misses on Revenue Estimates, Profits Up Due to Horror Film “A Quiet Place”

Viacom Inc. (NASDAQ: VIA) reported quarterly revenue on Thursday that fell below Wall Street estimates as domestic advertising sales fell and the Media Company collected lower fees from cable TV operators and online distributors.The Company said wor..

Disney Shares Fell as Earnings Miss Estimates

Disney Shares Fell as Earnings Miss Estimates

The Walt Disney Company (NYSE: DIS) on Tuesday announced its third fiscal quarter revenue and earnings that miss expectation. The stock fell over 2% in the extend hours.Total revenue was USD 15.23 Billion in the quarter ended June 30, 2018, missing ..

Snap Shares Up After Earnings

Snap Shares Up After Earnings

Snap Inc. (NYSE: SNAP) shares jumped Tuesday after market, as it has reported financial results for the quarter ended June 30, 2018. Snap's net loss decreased 20% to $(353) million in Q2 2018, compared to a net loss of $(443) million in Q2 2017...

U.S. Approves Disney’s Buyout of Fox

U.S. Approves Disney’s Buyout of Fox

Walt Disney Co. (NYSE: DIS) has received approval from U.S. regulators to buyout Twenty-First Century Fox (NASDAQ: FOXA) for USD 71.3 Billion, on terms that Disney will divest Fox’s 22 Regional Sports Networks, according to a statement from th..

Mark Zuckerberg Critized by shareholders Over Scandals

Mark Zuckerberg Critized by shareholders Over Scandals

On Thursday, May 31, 2018, Facebook, Inc. (NASDAQ: FB) had its annual shareholder meeting and many investors came angered and frustrated over the recent scandals Facebook has been having. The meeting when from a dull gathering into a chance for inve..

Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..