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☆ Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
▼ + stars: | 2024-11-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The operating profit outlook for the period was slashed from 400 billion yen to 360 billion yen. Here's how Nintendo did in its fiscal second quarter ended Sept. 30 versus LSEG estimates:Revenue : 276.7 billion Japanese yen ($1.8 billion), compared with 273.34 billion yen expected. : 276.7 billion Japanese yen ($1.8 billion), compared with 273.34 billion yen expected. Net profit: 27.7 billion yen, versus 48.06 billion yen expected.

Persons: Mario Organizations: NINTENDO, Universal Studios Hollywood, Nintendo, Revenue Locations: Universal City , California

☆ AppLovin's 300% surge in 2024 leaves ad-tech company with big expectations for earnings
▼ + stars: | 2024-11-04 | by ( Cj Haddad | ) www.cnbc.com time to read: +4 min

AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according to FactSet data. The technology helps put more targeted ads on the mobile gaming apps the company owns, and works for other studios that license the software. They said the company's "real opportunity" is to catch the influx in brand advertising towards mobile gaming from more conventional channels like social media or legacy broadcasting. Because of its position in digital advertising, AppLovin faces potential competition from some of the most well-capitalized companies on the planet. In 2022, AppLovin gave up on efforts to buy gaming software developer Unity Software for $20 billion, after Unity shareholders rejected the bid.

Persons: AppLovin, Wells Fargo, FactSet . Oppenheimer, Stifel Nicolaus, Jefferies, Adam Foroughi, could've, Foroughi, mightily, Unity, LightShed's Brandon Ross Organizations: Nvidia, Revenue, FactSet, Wedbush, Google, Facebook, Apple, Orient, Unity Software, Unity Locations: BTIG, AppLovin, U.S

☆ Netflix gaming exec reveals a new AI role after the shutdown of a buzzy games studio and layoffs
▼ + stars: | 2024-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Mike Verdu, Netflix's former games chief, is now leading AI-driven game development. Netflix's games division, launched in 2021, has faced shifts and leadership changes. AdvertisementMike Verdu, Netflix's former games chief, has moved into a new role: he's now leading a generative AI gaming division at the streaming giant. Netflix launched a games division in 2021. He wrote that after Netflix games started to scale up, he recognized his strength was in running smaller teams.

Persons: Mike Verdu, —, he's, Verdu, he'd, Alain Tascan, Greg Peters, Netflix's, there's, We've, Verdu didn't Organizations: Service, LinkedIn, Netflix, Epic Games

☆ Special counsel Jack Smith’s office is bracing for retribution if Trump wins
▼ + stars: | 2024-11-01 | by ( Katelyn | ) edition.cnn.com time to read: +8 min

CNN —One year after bringing historic indictments against former President Donald Trump, the prosecutors left in special counsel Jack Smith’s office are gaming out legal options and bracing for retribution if Trump returns to the White House. In the event that Trump wins, staffers detailed to the special counsel’s office would have the option to go back to their home divisions within the Justice Department. But former prosecutors on the Trump case could face a difficult workplace, once Trump’s appointees are running the department. If Vice President Kamala Harris wins, the choices for the department and the special counsel’s office may be much simpler. “Just think of the chaos of it all – that, he [Trump] would love,” one of the former Justice Department officials said.

Persons: Donald Trump, Jack Smith’s, Trump, Smith, ”, “ He’s, I’m, Aileen Cannon’s, Smith didn’t, Cannon, David Raskin, Matt Olsen, —, Smith’s, Kamala Harris, General Merrick Garland, Tanya Chutkan, Chutkan, CNN’s Evan Perez Organizations: CNN, Justice, Justice Department’s, Trump, Justice Department, Trump’s, Smith’s, Democratic, Department, DOJ, Prosecutors Locations: Florida, Washington

☆ Roblox lifts annual bookings forecast as in-game spending booms; shares jump
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +2 min

Roblox gift cards are seen at a store in Krakow, Poland on July 5, 2023. Videogame platform Roblox raised its forecast for full-year 2024 bookings on Thursday, as it continues to benefit from robust spending within its virtual worlds, sending its shares up over 17%. Roblox's free-to-play model has been attracting significant consumer spending on its platform despite a wider slowdown in gaming activity. The company reported third-quarter bookings, which represents the sale of virtual currency, of $1.13 billion, beating the average analysts' estimate of $1.02 billion, according to data compiled by LSEG. It raised its forecast for full-year 2024 bookings to between $4.34 billion and $4.37 billion from its earlier projection of between $4.18 billion and $4.23 billion.

Persons: Michael Guthrie, That's, Guthrie, Roblox Organizations: Reuters, Hindenburg Research, LSEG Locations: Krakow, Poland, DAUs

☆ Musk tries to move case about $1 million voter sweepstakes to federal court, averting required appearance Thursday
▼ + stars: | 2024-10-31 | by ( Marshall Cohen | ) edition.cnn.com time to read: +6 min

Philadelphia CNN —Tech billionaire and Trump ally Elon Musk is trying to move a lawsuit over his $1 million giveaway to voters into federal court, short-circuiting a required appearance Thursday at a Pennsylvania court. Lawyers for the Tesla CEO filed a “motion of removal” in federal court late Wednesday night. The parties will now continue pressing their case in federal court. Foglietta said he’s available later Thursday or Friday if the federal judge sends the case back to state court. Musk endorsed Trump in July and has donated $118 million to his super PAC.

Persons: Trump, Elon Musk, Angelo Foglietta, Foglietta, Larry Krasner, Musk, Musk’s, ” –, Harris, CNN John Summers, “, “ Brazenly, ” Summers, ”, Krasner, ” Musk, Matthew Haverstick, Summers, Haverstick, ” Haverstick, “ Rather, ’, Derek Muller, ” Muller, –, Josh Shapiro Organizations: Philadelphia CNN — Tech, Trump, PAC, America PAC, Republicans, CNN, SpaceX, Notre Dame Law School, Pennsylvania, Democrat, Justice Department Locations: Pennsylvania, Philadelphia

From 2008 through 2020, the winning candidate either swept or nearly swept the final six to eight battleground states. Are we still under-sampling Trump voters? Then again, is Trump’s improvement in the polls this cycle an indication the polling community finally got it right on the Trump vote? In 2020, the Trump campaign was the only one knocking on doors during Covid, as the Biden campaign feared scaring its supporters at the doors. The Harris campaign appears invested in doing traditional get-out-the-vote programs in all sorts of places.

Persons: There’s, Donald Trump's, George W, Kamala Harris, Trump, Harris, John Kerry, he’d, Barack Obama, ”, there’s, I’ll, Nikki Haley, you’re, I’ve, Hillary Clinton, “ We’ve, let’s, she’s, Biden, Elon Musk, Charlie Kirk’s, Roe, Wade, Toss, hasn’t Organizations: Trump, North Carolina, Pennsylvania, Sun, Democrats, Republican Party, Democratic, North, NBC, GOP, Republican, White, Republicans, Madison Locations: Northern, Wisconsin , Michigan, Pennsylvania, North Carolina , Georgia, Arizona, Nevada, Omaha , Nebraska, Harris, U.S, New Mexico, Ohio, North, Michigan, Wisconsin, North Carolina, Florida, Georgia, Las Vegas, Omaha, Trump, New York

☆ We reiterate our 1 rating on Microsoft despite its softer guidance — here's why
▼ + stars: | 2024-10-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Nearly 70% of the Fortune 500 is using Microsoft 365 Copilot and the company is seeing faster customer adoption than any other new Microsoft 365 Suite. MSFT YTD mountain Microsoft YTD Despite these positive trends and innovations, revenue guidance for next quarter fell a touch short of expectations. Microsoft 365 Commercial cloud revenue growth increased 16% year over year with seat growth up 8%. Microsoft 365 Consumer cloud revenue growth increased 7% year over year with subscribers increasing to 84.4 million from 82.4 million one quarter ago. Revenue growth ticked down sequentially to 33% annual growth, or 34% on a constant currency basis.

Persons: Nvidia's Blackwell, That's, —, Jim Cramer's, Jim Cramer, Jim, Microsoft Corporation Satya Nadella, Chalinee Thirasupa Organizations: Microsoft, Revenue, Fortune, Productivity, Dynamics, CNBC, Activision, Windows, Gaming, Microsoft Corporation Locations: OpenAI, Bangkok, Thailand

☆ Behind the curtain on Democrats’ unprecedented digital advertising campaign
▼ + stars: | 2024-10-30 | by ( David Wright | ) edition.cnn.com time to read: +13 min

CNN —Democrats are mounting an unprecedented digital advertising campaign in the closing weeks of the presidential race, pouring hundreds of millions of dollars into a targeted effort that the party hopes will tip the balance in one of the closest elections in US history. The effort is being steered by Future Forward PAC, or FF PAC, the largest single-candidate super PAC in the 2024 election. The 2024 election is poised to break the record set by the 2020 election and see $10.2 billion worth of campaign advertising, according to the ad tracking firm AdImpact. The ad laboratoryWith its massive war chest, FF PAC has faced the challenge of effectively and efficiently distributing its resources. FF PAC has not engaged in a comparable turnout effort, leaving that traditional campaign activity to the cash-flush Harris operation.

Persons: Kamala Harris, Donald Trump’s, Harris, ’, Joe Biden’s, Trump, Michael Bloomberg, Dustin Moskovitz, Reid Hoffman, –, John Kelly, “, ”, Ian Sams, Roe, Wade, ” Margit Westerman, we’ve, Peacock, Elon Musk, Harris ’ Organizations: CNN, Future Forward PAC, FF PAC, PAC, FF, Super, Democratic Party’s, Citizens United, Commission, Biden, Trump, Democratic, New York, Facebook, LinkedIn, Bloomberg, New York Times, PAC’s, YouTube, Olympics, Hulu, Univision, Warner Bros, GOP countereffort FF, Republican, Google, Harris, Republicans, Preserve, America PAC, Restoration PAC, America PAC –, MAGA Inc, GOP, Inc, Elon, FF PAC’s, Department of Justice Locations: Pennsylvania, Michigan , Wisconsin , Arizona , Nevada , North Carolina, Georgia, AdImpact, Preserve America, Philadelphia

You’ve probably heard a lot about the gender gap in presidential politics by now. And this most of all: In modern presidential politics, the gender gap has never been wider, but it gets particularly large when we break out gender by educational attainment. KerrY Bush Obama McCain Obama Romney Clinton Trump Biden Trump Harris Trump +40 Dem. KerrY Bush Obama McCain Obama Romney Clinton Trump Biden Trump Harris Trump +40 Dem. The story of this election could well be the gender gap between those Americans who went to college and those who didn’t.

Persons: You’ve, Donald Trump, Kamala Harris, Harris, Trump, KerrY Bush Obama McCain Obama Romney Clinton Trump Biden, KerrY Bush Obama McCain Obama Romney Clinton Trump Biden Trump Harris, Joe Biden, Hillary Clinton’s, —, Trump’s, JD Vance, ”, Vance, Biden, Ronald Reagan, Reagan, Joe Rogan’s, Joe Rogan, Brené Brown, Wade, Joe Biden’s, Amanda Iovino, Glenn Youngkin’s Organizations: Trump, Harris, women, Pew, Mr, Pew Research, Facebook, Democratic, Pew Research Center, KerrY Bush Obama McCain Obama Romney Clinton Trump Biden Trump, KerrY Bush Obama McCain Obama Romney Clinton Trump Biden Trump Harris Trump, ., Election, Republicans, Republican Party, Democratic Party, America, Lake Research Partners, Democratic National Committee, WPA Intelligence, Republican, Republican National Convention, Democratic National Convention, YouTube Locations: American, New York, Roe

☆ Saudi Arabia aims to become a global hub for gaming and esports: Saudi Esports Federation
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia aims to become a global hub for gaming and esports: Saudi Esports FederationFaisal bin Bandar bin Sultan al Saud, chairman of the Saudi Esports Federation, says Saudi Arabia has a pathway to create a global hub for gaming and esports.

Persons: Faisal bin Bandar, Sultan al Saud Organizations: Saudi, Saudi Esports, Saudi Esports Federation Locations: Saudi Arabia, Sultan

☆ As voters cast ballots this election, some Americans are placing bets. Here’s what to know
▼ + stars: | 2024-10-30 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +7 min

The election markets have not gone unnoticed by the Republican Party’s presidential nominee, Donald Trump, who has touted his odds on social media and at campaign events. With more than 50 million ballots already cast ahead of Tuesday’s election, here’s what you need to know about election betting in the US. Robinhood, a popular stock-trading app, launched presidential election betting on Monday. PredictIt, another prediction market embroiled in a legal fight with the CFTC, also offers election contracts while its case is ongoing. Researchers, however, have long studied political prediction markets.

Persons: Donald Trump, “, Trump, Kamala Harris, Kalshi, ”, PredictIt, David G, Schwartz, ” Schwartz, Paul Rhode, Koleman Strumpf, isn’t, Elon Musk, Cantrell Dumas, it’s, ” Dumas Organizations: CNN, White, Kalshi, Republican, Democratic, Futures Trading Commission, Senate, DC, Appeals, CFTC, University of Nevada, The University of Iowa, Iowa Electronic Markets, Victoria University of Wellington, Commission, Better Locations: United States, Washington ,, Michigan, Las Vegas, New York City, Rhode, Nevada , Texas , Michigan, Iowa, New Zealand, Wisconsin, Pennsylvania

☆ Gaming giant Take-Two is in talks to sell its Chartboost adtech division
▼ + stars: | 2024-10-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

Take-Two Interactive is in talks to sell its adtech division Chartboost. AdvertisementTake-Two Interactive, the video games giant behind franchises like "NBA 2K24" and "Grand Theft Auto," is in talks to sell its adtech division Chartboost. Adtech companies AppLovin and LoopMe have emerged as potential buyers for the Chartboost assets, the people said. AdvertisementTake-Two acquired Chartboost through its 2022 $12.7 billion purchase of the mobile gaming company Zynga. AppLovin offers a similar, but larger, business to Chartboost — offering developers adtech to make money from their mobile games and find new users.

Persons: —, LoopMe, AppLovin, It's, Maggie Mesa, LUMA Organizations: AAA, Service, Business, Zynga, Mayfair Equity Partners, LUMA Partners Locations: FarmVille, Chartboost

☆ Report details St. Louis high school gunman's struggle with mental health before 2022 shooting
▼ + stars: | 2024-10-29 | by ( Minyvonne Burke | Ava Kelley | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

St. Louis police on Monday released a detailed report about a 2022 school shooting that left a student and teacher dead, publicly revealing for the first time the gunman’s struggle with his mental health and hospitalizations over suicide attempts. The 456-page document also outlines concerns raised by Orlando Harris’ family and their attempts to get help. Students stand in a parking lot near the Central Visual & Performing Arts High School in St. Louis, on Oct. 24, 2022. Following the shooting, agents went to the storage unit and found it completely empty. During one session, Harris allegedly talked about shooting people at his old high school, the report says.

Persons: Louis, Orlando Harris, Tanya Ward, Harris, ” Harris, Jean Kuczka, Bell, David Carson, ABACA, Ward, “, Orlando H, “ Ward, Harris ’, wasn't, Hetal Patel, Patel, worthlessness, ” Patel Organizations: Louis police, Central Visual, Performing Arts High, Central Visual & Performing Arts High School, Louis Metropolitan Police Department, Authorities Locations: St, Orlando, Louis

☆ As a child, he was kicked out of Macao’s grand Hotel Central. Now he’s the owner
▼ + stars: | 2024-10-29 | by ( Maggie Hiufu Wong | Jane Sit | ) edition.cnn.com time to read: +8 min

Fast forward to 2024 and Sio could recently be found cutting the ribbon to officially reopen the 96-year-old Hotel Central as its new owner. Hotel Central, formerly named the President Hotel, opened a few years later and became a key feature of the neighborhood. Simon Sio, pictured, grew up across from Macao's Hotel Central. Hotel Central was the first hotel in Macao to install an elevator. Courtesy Lek Hang GroupThe newly renovated Hotel Central has 114 rooms with a retro interior design inspired by the 1920s, 1930s and 1940s.

Persons: “, I’d, Ribeiro, Ma Lo, ”, San Ma Lo, Simon, hasn’t Organizations: CNN, Hang, Avenida, Hotel Central, Macao's Hotel, Central, UNESCO, Hotel, MGM Locations: Macao, –, Portuguese, Central, Ma, Hotel, San Ma, China, Barra

☆ AMD shares fall as forecast fails to impress despite strong AI growth
▼ + stars: | 2024-10-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by the increasing demand for AI chips. AMD is the second-largest vendor of data center graphics processing units, or GPUs, which are used to train and deploy large generative AI models. AMD's AI chips are reported in its data center segment, which more than doubled on an annual basis to $3.5 billion in total sales. Overall data center revenue was up 122% year over year. AMD's gross margin expanded to 54%, which the company said was because of higher data center revenue.

Persons: Lisa Su, Su Organizations: Devices, AMD, Nvidia, Broadcom, Microsoft, Windows, Sony PlayStation

☆ Here are Tuesday's biggest analyst calls of the day: Apple, Netflix, Tesla, Meta, Uber, Amazon, Walmart, First Solar & more
▼ + stars: | 2024-10-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Tuesday: Evercore ISI reiterates Amazon as overweight Evercore says it's sticking with the stock ahead of earnings later this week. Evercore ISI reiterates Uber as overweight Evercore says it's bullish on Uber heading into earnings on Thursday. Janney upgrades First Solar to buy from neutral Janney says the solar company is attractive ahead of earnings on Tuesday afternoon. " Evercore ISI reiterates Meta as overweight Evercore says it's sticking with Meta ahead of earnings on Wednesday. Barclays reiterates Tesla as equal weight Barclays raised its price target on the stock to $235 per share from $220.

Persons: Evercore, Uber, it's bullish, Janney, Goldman Sachs, Ford, Goldman, Wells, Tesla, Morgan Stanley, Bernstein, TD Cowen, Cowen, it's, Mizuho, Stephens, ROA, Guggenheim, HOOD, we've Organizations: Ford, CTV, APP, Citi, Apple, Apple Intelligence, Barclays, Walmart, Mizuho, Netflix, Guggenheim, Six Flags Entertainment Locations: Mexican, Brazil, Mexico, China, U.S

☆ How the Markets Are Gaming the Election With One Week to Go
▼ + stars: | 2024-10-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the Markets Are Gaming the Election With One Week to GoHenrietta Treyz of Veda Partners and Ben Emons of FedWatch Advisors discuss whether the markets are misreading the polls ahead of the election, and which sectors could be in favor depending on the outcome.

Persons: Henrietta Treyz, Ben Emons Organizations: Veda Partners, FedWatch Advisors

☆ AMD's post-earnings slide is a buying opportunity. Here's why
▼ + stars: | 2024-10-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Bottom line The main part of our AMD thesis — fast-growing sales of its MI300 AI chips — is still on track, so we view the post-earnings pullback as a buying opportunity. Given how integral these AI chips are to AMD's growth, we were pleased management on Tuesday night raised its full-year sales projections to exceeding $5 billion. Another factor: AMD's chips passed some performance milestones with customers, Su said. We believe Su's AI roadmap — outlined at its AI event earlier this month — will lead to significant sales growth in 2025 and thereafter. Quarterly commentary Sales in AMD's all-important data-center segment came in $3.55 billion, exceeding estimates and more than doubling year over year.

Persons: We're, Lisa Su, Su, couldn't pare, Jim Cramer, —, Jim Cramer's, Jim Organizations: AMD, Nvidia, Intel, Club, Broadcom, ZT Systems, CNBC, Dell Technologies, Microsoft, Meta, Revenue, Visitors, Congress, Nurphoto, Getty Locations: AMD's, —, Shanghai, China

☆ Rihanna's Fenty Beauty is about to release a $250 makeup kit in collab with one of Netflix's biggest animated hits
▼ + stars: | 2024-10-28 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Fenty Beauty is releasing a collaboration with Netflix's hit animated series "Arcane." "Fenty Beauty x Arcane: The Legends Vault" is schedule for release on November 2 and is priced at $250. AdvertisementRihanna's Fenty Beauty is making a big bet on nerdworld, collaborating with Netflix's "Arcane" for its new "Fenty Beauty x Arcane: The Legends Vault" collection. According to Fenty Beauty's website, the collaboration vault is meant to showcase how "glam + animation collide." Representatives for Netflix, Riot Games, and Fenty Beauty didn't respond to requests for comment from Business Insider, sent outside business hours.

Persons: Netflix's, —, Fenty, Mel, Riche, I've, Arcane, Priscilla Ono, Ono, Kiahna Manker, Roblox, Rihanna, Lush, It's, Vox, greenlighting Organizations: Service, Riot, League of, Products, Games, Netflix, of, Korean, Adidas, London's O2 Arena, BiliBili, Video, Riot Games, Business Locations: Paris, Wembley

☆ Innovations in glass technology are driving progress in energy, sustainability, and consumer products. Here's what that looks like.
▼ + stars: | 2024-10-25 | by ( ) www.businessinsider.com time to read: +7 min

Since Otto Schott invented specialty glass in 1884, the simple material has become a cornerstone of modern technology, and driving innovation. From semiconductors to clean energy, home tech, and electric vehicles, glass is the silent enabler of progress. Specially engineered laser glass helped researchers achieve what was once thought impossible: creating more energy from a reaction than was put into it. The light, amplified by active laser glass and focused through precisely crafted optical glass, delivered significant energy to a tiny fuel pellet, triggering a fusion reaction that produced a net energy gain. The fusion reaction generated 3.15 megajoules of energy, exceeding the 2.05 megajoules of laser energy delivered to the target.

Persons: Bill James, Otto Schott, SCHOTT Organizations: SCHOTT North, Industry, photonics, Lawrence Livermore National Laboratory, SCHOTT, Insider Studios Locations: SCHOTT North America

The rise of online betting has led the commercial gambling industry to balloon worldwide, posing a significant threat to public health, according to a new report. The report, published Thursday, comes from a public health commission on gambling convened by the medical journal The Lancet. The report highlighted the role online gambling has played in the rising availability of commercial gambling as a whole. Belgium, the Netherlands and Ontario, for example, have varying restrictions on gambling advertising, including online gambling. A 2015 paper found that online gambling could lead to the emergence or aggravation of gambling problems.

Persons: “ We’re, ”, Louisa Degenhardt, Heather Wardle, “, FanDuel, Alan Feldman, Feldman, Wardle Organizations: University of New, D.C, American Gaming Association, Pew, University of Glasgow, University of Nevada, Las Vegas, Gaming Institute, MGM, Council for Responsible Gaming Locations: University of New South Wales, Sydney, U.S, Washington, Scotland, Belgium, Netherlands, Ontario, Germany, Spain, Sweden, Norway, Massachusetts , Illinois, Virginia, Pennsylvania, Las

☆ Stocks making the biggest moves after hours: Dexcom, Capri, Skechers, Capital One and more
▼ + stars: | 2024-10-24 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Dexcom — Shares slid nearly 7%, despite the manufacturer of diabetes management devices posting a third-quarter adjusted earnings and revenue beat. L3Harris reported adjusted earnings of $3.34 per share on revenue of $5.29 billion, while analysts polled by LSEG had expected $3.26 per share on $5.28 billion in revenue. Boyd reported adjusted earnings of $1.52 a share, beating the consensus estimate of analysts polled by FactSet by 12 cents. In the third quarter, Capital One reported adjusted earnings of $4.51 per share on revenue of $10.01 billion. The company's provision for credit losses came in at $2.48 billion, versus the $2.83 billion estimate from analysts polled by StreetAccount.

Persons: Dexcom, LSEG, Kate Spade, Gucci, Michael Kors, Jimmy Choo, FactSet, Morgan Stanley, Skechers, Boyd, Darla Mercado, Lisa Kailai Han, Christina Cheddar Berk Organizations: Technologies, Tapestry, LSEG, Kinsale Capital, Kinsale, Joby Aviation, Allen, Co, FactSet, Boyd, Revenue, StreetAccount Locations: Kinsale

☆ The decline of Hollywood in one chart
▼ + stars: | 2024-10-23 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

LA has seen a steep drop in its share of TV and film jobs compared with the rest of the US. The decline comes as labor costs have gone up and other locales have sweetened their incentives. In recent years, the area has lost some TV and film jobs as countries such as Canada and states like Georgia have become production hubs. Los Angeles is losing TV and film jobs to the rest of the US. 2 entertainment-job market in the US (after LA) also saw its share of film and TV jobs dip.

Persons: —, Patrick Adler, Taner Osman, Adler, FilmLA, Paul Audley, Otis Organizations: Industry, Service, Los Angeles, of Labor Statistics, Westwood Economics, Planning Associates, Otis College, Sound Recording Industries, Bureau of Labor Statistics, LA Locations: Los, Canada, Georgia, New York, Arizona, Kentucky, LA

☆ Florida woman used Roblox to instruct 10-year-old to kill infant by dropping him on floor, officials say
▼ + stars: | 2024-10-22 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

An arrest report alleged that Sykes communicated with her 10-year-old daughter on the online gaming platform Roblox and instructed the girl "on various methods to kill the infant." "Sykes instructed the 10-year-old to drown the infant in the bathtub, burn the infant with scalding water, and drop the infant on the floor to kill the infant," the sheriff's office said. On Thursday, the sheriff's office was contacted by Gulf Coast Kids House about a 2-month-old infant who had suffered serious injuries after being dropped on the kitchen floor by the 10-year-old. Morgan Lewis, a spokesperson with the sheriff’s office, said the 2-month-old is expected to survive. The sheriff's office spokesperson said they do not foresee the 10-year-old being charged.

Persons: Tara Alexis Sykes, Sykes, Morgan Lewis, Chip W, Simmons Organizations: Escambia County Sheriff’s, Gulf Coast Kids House, Gulf Coast Kids Locations: Florida, Escambia County

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