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Disney Posts First-Ever Streaming Profit, Warns of Pressure on Theme-Parks Business
The box-office success of ‘Inside Out 2’ helped the movie studio turn around its fortunes.
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Zillow Promotes Operating Chief Jeremy Wacksman to Chief Executive Role
Outgoing CEO and co-founder Rich Barton will remain on Zillow’s board as co-executive chair alongside co-founder Lloyd Frink.
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Bumble Shares Drop to All-Time Low After Cut in FY Outlook
Bumble forecasts revenue of $269 million to $275 million, below the $296.4 million expected by analysts.
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Warner Bros. Discovery Posts Nearly $10 Billion Loss
The loss includes a $9.1 billion impairment charge tied to the plunging value of its linear networks.
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Huge Fire Sparked by a Mercedes-Benz EV Adds to Safety Concerns Dogging Industry
A blaze in South Korea prompts debate over whether electric vehicles should be allowed in the country’s ubiquitous underground parking lots.
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Asia-Pacific markets open mixed following rebound on Wall Street; China trade data in focus
Traders in Asia will assess July trade balance data out of China, with economists expecting exports to grow 9.7% year-over-year and imports to grow 3.5% over the same period.
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Yen beneficiaries and more: Consider these buying opportunities amid volatility, the pros say
“But I think what we’re seeing here is a temporary issue that will present some really good, longer term chances,” says Ted Alexander, CIO at BML Funds.