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Entertainment

Analysis: Is Netflix envy over in Hollywood? Not quite

Aug 11 (Reuters) – Over an earnings period that appeared to signal the end of Netflix envy, Walt Disney Co (DIS.N) restored hopes that growth in the streaming business will continue. But Disney, which edged past Netflix as streaming leader by global subscribers last quarter, is the outlier among its media peers. read more The […]

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Entertainment

Breakingviews – Disney turns screws on Netflix

Tamim Fares, regional Director of Disney+, speaks at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. REUTERS/Yousef Saba Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 10 (Reuters Breakingviews) – Walt Disney […]

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Technology

Apple supplier Foxconn’s Q2 profit up 12% on cloud demand

A motorcyclist rides past the logo of Foxconn, the trading name of Hon Hai Precision Industry, in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register TAIPEI, Aug 10 (Reuters) – Apple Inc (AAPL.O) supplier Foxconn (2317.TW) reported on Wednesday a 12% jump in second-quarter net profit, beating […]

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Technology

Taiwan Apple Inc supplier Pegatron: No stoppage in shipments from mainland China plant

TAIPEI, Aug 5 (Reuters) – Apple Inc (AAPL.O) iPhone assembler Pegatron Corp’s (4938.TW) mainland China plant is operating normally, the company said in a statement on Friday. Contrary to media reports, production has not halted, and there is no stoppage in shipments, the Taiwanese firm said. Register now for FREE unlimited access to Reuters.com Register […]

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S&P 500 flat as Apple, energy shares weigh

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Eli Lilly falls after cutting annual profit view Eyes on nonfarm payrolls report on Friday Indexes: Dow off 0.16%, S&P flat, […]

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Technology

Breakingviews – Big Tech in finance? There’s a regulator for that

The logo for Amazon Web Services (AWS) is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 1 (Reuters Breakingviews) – Technology companies have stormed the heights of consumer finance, but they don’t face the regulation […]

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Technology

S&P 500, Nasdaq register biggest monthly gains since 2020

Apple sees continued strength in demand for iPhone Amazon expects higher revenue in third quarter Intel cuts annual forecasts, shares slide Oil giants Exxon, Chevron jump after record revenue Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9% NEW YORK, July 29 (Reuters) – U.S. stocks added to their recent rally on Friday […]

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Entertainment

Netflix sues creators of alleged ‘Bridgerton’ knockoff

Cast and crew members attend the world premiere for the second season of the Netflix show “Bridgerton” in London, Britain March 22, 2022. REUTERS/May James Register now for FREE unlimited access to Reuters.com Register July 29 (Reuters) – Netflix Inc (NFLX.O) on Friday sued the creators of an alleged unauthorized musical stage production of its […]

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Technology

Apple faces lukewarm demand in China after quarterly revenue drop -analysts

A customer passes an Apple iPhone 13 advertisement at an Apple shop in Singapore March 18, 2022. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 29 (Reuters) – Apple (AAPL.O) should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, some analysts warned […]

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Technology

Breakingviews – Apple’s aging clout

The new Apple iPhone SE is displayed at the Apple Store on 5th Avenue shortly after it went on sale in Manhattan, in New York City, New York, U.S., March 18, 2022. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 28 (Reuters Breakingviews) – Apple’s (AAPL.O) quarterly results, […]