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☆ Stocks making the biggest moves after hours: Salesforce, Snowflake, Okta, Duolingo and more
▼ + stars: | 2024-02-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

In the fourth quarter, the software company topped Wall Street's fourth-quarter expectations on the top and bottom lines. Snowflake — Snowflake shares plunged 20% after the business software company announced the retirement of its CEO Frank Slootman. The company topped earnings expectations by 12 cents and said it expects revenue for the current period to range between $603 million and $605 million. The company posted revenue of $13.19 billion, falling short of the $13.56 billion analysts polled by LSEG expected. Adjusted earnings per share came in at 5 cents and topped an LSEG estimate of 2 cents per share.

Persons: — Salesforce, Frank Slootman, Duolingo, Okta — Okta, LSEG Organizations: FactSet, Paramount Global, LSEG, Revenue, StreetAccount, HP Inc, AMC Entertainment

NEW YORK (AP) — Paramount Pictures’ Bob Marley biopic “Bob Marley: One Love” outperformed expectations to debut at No. But on a weekend that was once expected to go to “Madame Web,” “One Love” emerged as the much-preferred option in theaters, despite largely poor reviews. Over six days, Sony is estimating a $15.2 million weekend and a six-day $25.8 million haul. “Madame Web” still couldn’t come close to the $39 million domestic opening weekend for “Morbius.” In 61 overseas markets, “Madame Web” added $25.7 million. The 2024 box office has gotten off to a sobering start for Hollywood, and the disappointing result for “Madame Web” won’t help.

Persons: Bob Marley, Sony’s, ”, Kingsley Ben, Marley, Elvis, Chris Aronson, Bob Marley’s, Aronson, “, Reinaldo Marcus Green, Ziggy, Rita, Ziggy Marley, bode, Madame, Dakota Johnson, Paul Dergarabedian, Morbius ”, Morbius, Annie Awards, —, Annie, Moviegoing, Comscore, “ Wonka, “ Lisa Frankenstein, Jake Coyle Organizations: — Paramount, ” Paramount, President’s, Paramount, Rotten, Sony, Academy, Hollywood Locations: Jamaica, New York, “

☆ NFL viewing schedule 2023: It'll be more confusing than ever
▼ + stars: | 2023-09-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

The NFL season kicks off Thursday night with the reigning Super Bowl champion Kansas City Chiefs hosting the Detroit Lions on NBC and its Peacock app. Long gone are the days when NFL games were shown on one or two networks. They are showing more NFL games on streaming platforms, including games exclusively, to try to entice people to sign up. “The NFL is the biggest driver of network ratings and advertising dollars during the fall TV season,” the analysts said. ESPN will air “Monday Night Football” games on ESPN and ESPN+.

Persons: New York CNN —, Long, ABC —, MoffettNathanson, “, Fox, Roger Goodell Organizations: New, New York CNN, National Football League, NFL, Super Bowl, Kansas City Chiefs, Detroit Lions, NBC, Fox, CBS, ESPN, ABC, YouTube, Paramount, Disney, Comcast, Amazon, Football, NBC’s, National Football Conference, American Football Conference, Nickelodeon, Amazon Prime, Google, DirecTV, “ Locations: New York

☆ Stocks making the biggest moves midday: Discover, D.R. Horton, Nvidia, Cleveland-Cliffs, and more
▼ + stars: | 2023-08-15 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading. Banks — Major Wall Street banks slid during midday trading after CNBC reported Tuesday that Fitch Ratings may once again downgrade the health of the banking sector. Shares of Bank of America and JPMorgan Chase slid 2%, while Citigroup and Morgan Stanley each fell more than 1%. Paramount Global — Paramount Global shares climbed 2% in midday trading. Turnstone Biologics — The biotechnology stock added 1.96% in midday trading.

Persons: Banks, Fitch, JPMorgan Chase, Morgan Stanley, Roger Hochschild, John Owen, Hannon Armstrong, Hannon Armstrong Sustainable Infrastructure Capital — Hannon Armstrong, Homebuilders, Warren Buffett's Berkshire, D.R, Horton, Lennar, Wells Fargo, Baird, Turnstone, Piper Sandler, —, Alex Harring, Jesse Pound, Tanaya Macheel, Pia Singh, Samantha Subin Organizations: CNBC, Bank of America, JPMorgan, Citigroup, Citizens Financial Group, U.S . Steel, Esmark, U.S, Steel, Discover Financial, Hannon Armstrong Sustainable Infrastructure Capital, Hannon Armstrong Sustainable Infrastructure Capital — Hannon Armstrong Sustainable Infrastructure Capital, Paramount Global, The Alliance, Motion Pictures, Television Producers, Bloomberg, Warren Buffett's Berkshire Hathaway, Nvidia, UBS, Investment Locations: Cleveland, Warren Buffett's

☆ Amazon plans to reboot its struggling Alexa business by working on its own ChatGPT-like technology, leaked document shows
▼ + stars: | 2023-05-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +7 min

One of its ideas is to add entertainment features for Prime Video search and recommendations. "It feels like Alexa is thinking vs. fetching from a database," the document, titled "Alexa LLM Entertainment Use Cases," said. The document focused on new entertainment features for Alexa, including more conversational video search, personal recommendations, and storytelling and news-reading capabilities. When the user asks about one of the recommended shows — Paramount+'s "Younger" is the example used in the document — Alexa shares a one-line summary. 'World's best personal assistant'Other video search features listed in the document include semantic search and personal recommendations.

☆ You don't need to see 'Yellowstone' to watch its prequel '1923,' but you do need 2 different streaming services to watch both.
▼ + stars: | 2022-12-31 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

You don't have to watch "Yellowstone" to see and enjoy its new prequel "1923." But you do need two streaming services to watch both. "1923" is streaming on Paramount+, while past episodes of "Yellowstone" are on Peacock. The new series, "1923," follows a new generation of Duttons, the ranching family portrayed in Taylor Sheridan's smash hit "Yellowstone." The series was good enough and easy enough to watch without having seen "Yellowstone" that I am now watching "1923."

☆ Warren Buffett just bet big on Paramount to win the ad streaming wars — here's what makes its business unique compared to competitors like HBO Max, Disney, and Netflix
▼ + stars: | 2022-11-15 | by ( Elizabeth Pham Janowski | Ryan Joe | ) www.businessinsider.com time to read: +6 min

The maturation of ad-supported streaming services over the last year have become clearer. Discovery, and Netflix, which are charging high rates for streaming ads against so-called premium content. If these companies hope to attract premium CPMs however, they need to get them now. "The only reason, in my opinion, that they can control premium CPMs today is that they're just starting at this," Martin said. She believes the market will force services charging "premium" CPMs to lower these prices over time.

☆ 'Black Panther: 'Wakanda Forever' aims to recreate blockbuster magic. Disney and theaters are counting on it
▼ + stars: | 2022-11-11 | by ( Frank Pallotta | ) edition.cnn.com time to read: +5 min

If early projections and ticket sales are any indication, it appears “Wakanda Forever” will be just that. Why “Wakanda Forever” matters to theaters"Black Panther: Wakanda Forever" is set to be one of the biggest films of the year. “Every blockbuster counts more than ever for movie theaters right now.”Why does it matter how “Wakanda Forever” does this weekend? Why “Wakanda Forever” matters to Disney"Black Panther: Wakanda Forever" could break records this weekend. The performance of “Wakanda Forever” likely won’t move the needle on Disney’s stock, given that investors remain heavily focused on the company’s streaming endeavors.

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