Markets Insider

Investors betting on a second Trump presidency expect an easier regulatory environment and more corporate M&A activity.

Stock market today: Dow closes at a record as market bets on Trump after assassination attempt

TheWrap

The stock briefly hit a 52-week low of $6.73 per share on Thursday
The post Warner Bros. Discovery Stock Plunges Over 11% After Taking $9.1 Billion Impairment Charge on Linear TV Networks appeared first on TheWrap.

Warner Bros. Discovery Stock Plunges Over 11% After Taking $9.1 Billion Impairment Charge on Linear TV Networks

CBS News

Trump Media and Technology Group, the social media business owned by former President Donald Trump, said its second-quarter revenue plunged 30% to $836,900 from a year earlier. The company, whose main asset is the social media network Truth Social, also reported losing $16.4 million during the quarter, representing a narrower shortfall from its $22.8 million loss in the year-earlier period, according to a Friday regulatory filing.Trump Media, which trades under the ticker DJT — Trump's initials — has drawn a base of small investors who are acolytes of the former president, with many following the stock's ups and downs on Truth...

Trump Media says its second-quarter revenue plunged 30% to under $900,000

Almost all of the loss was down to a $9.1 billion write-down in the value of the US media giant's cable network, it announced in a statement, underscoring the challenges facing the legacy television industry. Warner Bros. Discovery shares fell more than 10.6 percent in after-hours trading after its results...

Warner Bros. Discovery stock plunges on $10 bn quarterly loss

Shares of Warner Bros Discovery (WBD.O) tumbled 12% in premarket trading on Thursday following the company's announcement of a staggering $9.1 billion write-down on its television assets, Reuters reported. The write-down has cast a spotlight on the ongoing challenges facing the company's traditional broadcasting sector, overshadowing positive news in its...

Warner Bros Discovery Reports Nearly $10 Billion Loss as TV Assets Value Plummets

The Motley Fool

The estimated $31.3 billion Buffett has put to work in Apple is dwarfed by the amount of money he's spent regularly purchasing shares of this top-performing company.

Billionaire Warren Buffett Has Purchased $77 Billion of His Favorite Stock, Which Is More Than Double What He's Spent Buying Shares of Apple!

Pennsylvania State

NBC News

Newly released police body cam video shows the chaotic moments just before the attempted assassination of former President Donald Trump in Pennsylvania last month, with local police blaming the Secret Service for the security lapse. NBC News' Gabe Gutierrez reports.

Body cam video reveals more about the attempted assassination of Trump

TheStreet

Here's what could happen to Amazon shares next.

Analysts rethink Amazon stock price targets after earnings

The Food and Drug Administration has approved ARS Pharmaceuticals’ nasal spray as the first needle-free emergency treatment for potentially fatal allergic reactions, the agency said on Friday. The spray, which will be sold under the brand name Neffy, is seen as an alternative to EpiPen and other autoinjectors like...

FDA approves nasal spray as first needle-free treatment for anaphylaxis

Fort Lauderdale, FL

A Florida man who pleaded guilty to a hate-motivated attack on a Muslim U.S. Postal Service carrier was sentenced Friday to three years in federal prison. Kenneth Pinkney, 47, of Fort Lauderdale, was ordered to serve 37 months behind bars followed by three years of supervised release, the U.S. Attorney's Office for the Southern District of Florida said in a statement.

Florida man who attacked a postal carrier in a hijab gets 3 years in federal prison

Companies that perform stock splits are usually firing on all cylinders.

3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar By as Much as 100%, According to Select Wall Street Analysts

David Zaslav attends the world premiere of “The Flash”, in Hollywood, Los Angeles, California, U.S., June 12, 2023. Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that his company is a worthy investment. Warner Bros. Discovery shares...

Pressure mounting on Warner Bros. Discovery CEO David Zaslav to deliver value for shareholders

David Zaslav had a particularly tough day. The Warner Bros. Discovery boss watched Wednesday afternoon as his company’s already anemic stock price plummeted more than 10% in after-hours trading, hitting a new low of $6.90 after the company reported second quarter earnings.

Warner Bros. Discovery signals rapid deterioration of television business, sending stock plummeting

Uber shares jumped Tuesday after the company's second-quarter earnings came in well above analysts' expectations. Gross bookings rose 19% year-over-year, while profits more than doubled to $1.02 billion. JPMorgan analysts said Uber's stock buyback plan that started during Q2 should "ramp" over the next several quarters. Uber (UBER) stock jumped...

Uber Stock Jumps as Q2 Profits More Than Double

The US Sun

A COIN expert has shared the exact details to look for in a dollar coin that could make it highly valuable. If you own the rare coin, you could be sitting on up to $21,600. The popular TikTok page Treasure Town (@treasuretown) shares coins to look out for that are worth a pretty penny.

How the edge on the side of your dollar coin could net you huge profit – check your change now

Reuters

(Reuters) -News Corp beat estimates for fourth-quarter revenue and profit on Thursday, driven by strength in its Dow Jones unit and strong performance in its real estate listing and book publishing businesses, sending its shares up 4% in extended trading.

News Corp earnings beat as Dow Jones, real estate listing units drive growth

Another study is raising concern about the safety of the widely used sugar alcohol sweetener erythritol, a low-calorie sugar substitute found in “keto-friendly” foods, baked goods and candies. Researchers from the Cleveland Clinic compared erythritol to typical sugar and found only erythritol caused worrisome cardiovascular effects. Although the...

Common low-calorie sweetener may be riskier for the heart than sugar, study suggests

Kentucky State

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contributor

Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

Arizona State

Vice President Kamala Harris called for legislation that would strengthen border security measures and create a pathway to citizenship for undocumented immigrants, while also calling out former President Trump saying he "tanked" an earlier reform plan for political reasons.

Harris touts immigration reform at Arizona campaign rally

Amazon’s stock recently experienced a significant drop following its second-quarter earnings report, which presented mixed results. While the company exceeded expectations in some areas, it fell short in others. This coincided with a broader market sell-off, resulting in a 15% decline in Amazon’s share price from its all-time high.

Amazon stock dips despite strong AWS growth

NewsBreak

Trump Media reports $16 million loss for quarter as revenue falls

Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for...

Trump Media reports $16 million loss for quarter as revenue falls

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