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AMC Entertainment shares rallied over 135% in the first two days of the week due to a resurgence of meme stock trading fueled by Roaring Kitty's return. However, Barrington analyst James Goss maintained a Neutral rating, noting AMC's Q1 revenue fell slightly. Box office revenues in April were down around 50% and May box office sales have been sluggish compared to 2023 levels. Goss expects the challenging environment for AMC to persist through most of 2024 before potentially rebounding in 2025.
⏲ 0:36 👁 165K
Warren Buffett's Berkshire Hathaway has revealed it has been buying shares of insurer Chubb over the past few quarters, making it one of Berkshire's largest holdings. Berkshire has acquired nearly 26 million shares of Chubb for a total stake worth $6.7 billion, making it Berkshire's 9th largest holding. Insurance is a core business for Berkshire, which owns companies like Geico and General Re and recently acquired Alleghany. Chubb's stock price jumped nearly 7% in after-hours trading following the news of Berkshire's sizable stake in the company.
⏲ 0:34 👁 130K
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⏲ 44:51 👁 420K
The whole stock market in one convenient package.
⏲ 2:21 👁 2.5M
AMC's financial struggles include heavy debt, consistent unprofitability, significant stock dilution. Social media influencers drive speculative trading, but AMC lacks fundamental investment appeal, says Edwin Dorsey.
⏲ 1:0 👁 125K
#walmart #earnings #consumer<br/>#walmart #earnings #consumer #yahoofinance <br/><br/>Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while the average ticket price was flat. Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumer from Walmart's perspective, claiming consumers' wallets are \
⏲ 3:44 👁 120K
Microsoft is planning to introduce Advanced Micro Devices' artificial intelligence chips to its cloud computing customers, aiming to rival Nvidia's components.
⏲ 0:49 👁 115K
Tesla CEO Elon Musk reportedly dismissed almost the entire Supercharger division of Tesla, including its head Rebecca Tinucci, after Tinucci refused to lay off workers beyond the planned numbers.
⏲ 1:7 👁 1.1M
Walmart's stock price rose after it reported first-quarter earnings that beat analyst expectations, demonstrating consumer resilience in spending despite economic pressure. Walmart's market capitalization surpassed $500 billion for the first time following the strong earnings results. Walmart's CFO stated that consumers have remained consistent in spending from quarter to quarter, though budgets remain stretched. Upper-income consumers are increasingly shopping at Walmart. Analysts noted Walmart's increasing focus on higher-margin revenue streams like digital advertising, marketplace fees, and fulfillment services contributing to growth.
⏲ 0:38 👁 100K
BUDGET Day Strategy When to Buy When to Sell _ Share Market Trading Step-by-Step Demo<br/>#trading #budgetday #sharemarket<br/><br/>In this video we are going to learn, how can we trade on budget day in the Indian stock market.<br/>This video is only an entertainment propose.<br/>
⏲ 36:27 👁 95K
century enka share news today | century enka share news | century enka share
⏲ 0:58 👁 90K
Retail real estate investment trusts (REITs) own, operate, or finance income-generating retail properties, including shopping centers, malls, strip malls, and other retail spaces, and generate revenue by leasing space to retail businesses. <br/><br/>As is the case with all REITs, retail REITs are required to distribute a significant portion of their income to shareholders in the form of dividends, making them a popular choice for investors seeking income.
⏲ 1:33 👁 655K
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