Fans topple goal posts after Georgia Tech upsets fourth-ranked Miami in ACC thriller
Georgia Tech celebrated its annual homecoming this week, but the Yellow Jackets entered Saturday's game as heavy underdogs against the No. 4 Miami Hurricanes. Georgia Tech quarterbacks Haynes King and Aaron Philo finished the day with just 99 combined passing yards. However, the Yellow Jackets' strong running game helped propel them to a shocking 28-23 […]
News Corp posts record Q1 revenue to beat Wall Street estimates
News Corp. posted record first-quarter sales, beating Wall Street expectations, led by growth in its digital real estate services, book publishing and Dow Jones divisions, the company announced Thursday. The media giant, which owns the New York Post and Wall Street Journal, reported a 148% increase in net income for the quarter to $144 million, […]
Warner Bros. Discovery CEO expects deal-making to surge under Trump as studio posts surprise profit
Warner Bros. Discovery's David Zaslav said Thursday that he expects the incoming Trump administration to create a more friendly environment for deal-making, opening the door to industry consolidation. “That will provide a real positive acceleration effect that is needed in this industry,” Zaslav told investors on a conference call after the company announced its quarterly […]
Jeff Bezos congratulates Trump after blocking Washington Post’s endorsement
Amazon founder Jeff Bezos offered “huge congratulations” to Donald Trump for his “extraordinary political comeback and decisive victory” in Tuesday's election, according to Washington Post Editorial Board. It comes less than two weeks after Trump blocked Vice President Kamala Harris from endorsing her candidacy. Bezos, the billionaire who bought the Post more than a decade […]
Google blocked political posts on internal message boards ahead of Election Day: report
Google has reportedly cracked down on political discussion among its employees ahead of the election night that ended in Donald Trump's victory. The tech giant moderated and removed election-related posts on an internal bulletin board called Memegen. CNBC reported. Google previously enacted rules in September that tightened restrictions on political discussion and banned employees who […]
Trump Media posts heavy losses in surprise election-night earnings report | Business
Donald Trump's small social media empire revealed another big loss and declining revenue in a surprise report to the stock market as the first polls closed on election night. Trump Media & Technology Group (TMTG) stock rose erratically in the final stages of the campaign, more than tripling in value in a matter of weeks, […]
Truth Social parent Trump Media posts third straight quarterly loss
Former President Donald Trump's media company reported a net loss of $19.2 million in the third quarter due to legal costs and costs associated with its TV streaming deal. Trump Media & Technology Group said the figure includes $12.1 million in litigation costs in the quarter stemming from its acquisition of TV streaming technology in […]
Boeing posts $6B loss as CEO calls for ‘fundamental culture change’
Boeing CEO Kelly Ortberg on Wednesday laid out a cautious path to rebuilding the struggling aircraft maker as a devastating strike balloons its quarterly loss to $6 billion. called for a “fundamental cultural change”. The company is facing losses of nearly $8 billion this fiscal year, as production of its 737 MAX, 777 and 767 […]
Tesla shares jump as EV maker posts surprise profit of $2B
Elon Musk's Tesla said Wednesday it expects deliveries to rise slightly this year and reported better-than-expected third-quarter profit margins, sending shares up 5% after-hours. “Tesla delivered strong results in the third quarter, with vehicle deliveries increasing both quarter-over-quarter and year-over-year, resulting in record third-quarter sales,” Tesla said in a statement. said. “We also noted that […]
Stock futures slide after S&P 500 posts first back-to-back decline since early September: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange (NYSE) on May 15, 2024 in New York City, USA. Brendan McDiarmid | Reuters Stock futures fell on Tuesday evening after the S&P 500 index posted its first consecutive loss since early September. futures linked to Broad market index It fell nearly 0.2%. dow […]