Media


DraftKings Says Prediction Markets Will Pressure More States to Legalize Sports Betting

A move by DraftKings to include sports contracts on its prediction markets platform is likely to be controversial within the gambling industry.

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Meta Stock Is Dragged Further Into Bear Market Territory by Heavy AI Spending

Meta’s seven-day slump is well ahead of the broader tech market.

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Take-Two Stock Falls on Latest Delay for Grand Theft Auto

Take-Two announced that Grand Theft Auto VI would now be released in November 2026, six months later than expected.

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Comcast Eyes $2.1 Billion Deal. It’s All About Fierce Competition From Netflix.

Legacy media companies are trying to beef up their offerings, to fend off competition from streaming platforms.

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DraftKings Stock Falls on Disappointing Results. Prediction Markets Are Coming Soon.

The company said sales for the quarter were $1.14 billion, below Wall Street’s estimate for $1.2 billion.

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Duolingo, Marvell, Tesla, Qualcomm, Robinhood, CarMax, Datadog, DoorDash, and More Stock Market Movers

Duolingo declines sharply after its bookings forecast misses estimates, and DoorDash tumbles following an earnings miss.

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Warner Bros. Stock Falls After Earnings Report. Why The TV Business Is a Worry.

Studios revenue climbed 24% from a year ago, thanks to the box-office success of films including Superman and Weapons.

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Trump Tariffs Are on the Block. Axing Them Would Have Unexpected Market Consequences.

Hope for and end to the government shutdown as it enters Day 37, Robinhood’s revenue doubles, and more news to start your day.

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AppLovin Reports Strong Earnings. The Stock Is Up.

Revenue for AppLovin’s mobile advertising business was up 68% on the year to $1.41 billion.

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Snap Stock Surges on Earnings and New Perplexity Deal

The Snapchat parent reported third-quarter earnings results that exceeded Wall Street analyst expectations across various metrics.

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Robinhood Doubles Revenue. The Stock Is Falling.

The trading and crypto platform reported adjusted earnings of 61 cents a share, on record revenue of $1.27 billion, up 100% from a year ago.

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AMD, Humana, Novo Nordisk, Kratos, Arista, Axon, Trex, Rivian, Super Micro, and More Stock Market Movers

Shares in AMD rise after the chip maker posts better-than-expected third-quarter earnings and revenue.

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Palantir, Uber, Sarepta, Tesla, Norwegian Cruise Line, Hertz, AMD, and More Stock Market Movers

Shares in data analytics software developer Palantir tumble even as the company tops analysts' earnings estimates.

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Nintendo Stock Rises on More Good News About the Switch 2

The console is a huge blockbuster. More evidence, if any was needed, has just arrived.

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Spotify Stock Drops After Earnings. What Higher Prices Did to Growth.

Spotify stock fell even though it increased its monthly active users by 11% to 713 million, topping the company’s prior guidance of 710 million.

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Barry Diller’s IAC Inks AI Deal With Microsoft. That Isn’t Why the Stock Is Sliding.

The publishing giant also has a partnership with ChatGPT owner OpenAI. Investors are worried about slumping revenue.

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Disney Goes Dark on YouTube TV. Why the House of Mouse and Google Are Feuding.

Subscribers won't be able to watch ESPN or ABC after the two sides failed to agree a licensing deal.

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Netflix Is Weighing Up a Warner Bros. Bid, Report Says. Get Ready for a Bidding War.

The deal would feel the streaming giant's flywheel model, giving it even more content to attract subscribers.

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Amazon, Apple Were the Mag 7 Losers. Here’s Why That’s About to Change.

Apple is betting on a big holiday season, Netflix weighs Warner Bros. bid, Pfizer and Novo Nordisk find themselves in a bidding war, and more news to start your day.

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Roku Delivers ‘Solid’ Third Quarter, Buoyed By Advertising Growth

Wedbush analysts cited Roku’s increasingly diversified business model, with “significantly more” advertising opportunities and its growing recommendation functions.

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Netflix Announces a 10-for-1 Stock Split. The Stock Rises.

Netflix said Thursday that its board of directors had authorized a 10-for-1 stock split of its shares.

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Comcast Earnings Top Expectations. The Stock Is Falling Anyway.

Shares are down 24% this year, tumbling as investors fret about a drop in broadband subscriber numbers.

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Markets Wanted a Boost From Earnings, Fed and China Talks. How Powell Disappointed.

Fed’s Powell says December rate cut isn’t a given, Trump cuts China tariffs, Microsoft, Alphabet beat expectations, and more news to start your day.

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Electronic Arts’ Earnings Meet Expectations Ahead of $55 Billion Take-Private Deal

EA will no longer issue financial forecasts as it awaits a take-private acquisition by Silver Lake, Affinity Partners, and the Public Investment Fund of Saudi Arabia.

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Berkshire’s Charlie Munger Long Chaired This Legal Publisher. Its Stock Looks Cheap.

Daily Journal stock could pique the interest of value investors after hitting an air pocket recently.

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