Marco Bello | AFP | Getty Images Block shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling…
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on…
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GameStop Chairman Ryan Cohen. CNBC GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday. Citing people familiar with the matter, the Journal said the sizable stake in Alibaba is a bullish bet…
US Senate confirms Kash Patel as next FBI director Hugo Lowell The US Senate has confirmed Kash Patel as the next FBI director, handing oversight of the nation’s premier law enforcement agency to an official who has declined to explicitly say whether he would use his position to pursue Donald Trump’s political opponents. Patel was…
A string of explosions has rocked buses in the Israeli city of Bat Yam, in what police described as a “suspected terror attack”, with an official saying that there were no injuries. No injuries were reported in the blasts late on Thursday. Police said bomb disposal units were searching for any additional bombs in the…
A general view of the ESPN Monday Night Countdown booth prior to the game between the Jacksonville Jaguars and the Cincinnati Bengals at EverBank Stadium in Jacksonville, Florida, on Dec. 4, 2023. Mike Carlson | Getty Images In an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its…
Daniel Craig stars as James Bond in “No Time To Die.” Source: MGM Amazon is set to take creative control over the lucrative James Bond movie franchise from the Broccoli family, the company announced Thursday. The James Bond films have long been produced by Michael Wilson and Barbara Broccoli, who inherited the control from their…
