Kartoon Studios announced a 21% increase in total revenue to $39.4 million for 2025, led by a 50% surge in animation production services revenue. The company improved its operating loss by 24% through cost discipline and is transitioning towards high-margin franchise monetization with upcoming launches of Hundred Acre Woods and the Stan Lee Universe in late 2026. Kartoon Channel and Ameba platforms saw record subscriber growth and engagement, supporting Kartoon's strategy of owning distribution and intellectual property. With over 60% of 2026 production revenue already contracted, the company is positioned for scalable growth and improved margins.
The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...
Several stocks experienced significant declines today driven by company-specific events. SANUWAVE Health's shares dropped 39.21% despite strong revenue guidance, Twin Vee Powercats fell 30.95% amid a legal investigation, and Gorilla Technology declin...
The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...
The stock market saw significant gains driven by corporate announcements and high trading volumes, particularly in battery technology, electric vehicles, and green energy sectors. Electrovaya surged 49.05% after announcing a commercial deal with Amaz...
An Akamai Technologies executive sold 3,100 shares as the company shifts focus from its declining content delivery network business to high-growth cloud infrastructure and cybersecurity services. This strategic pivot is supported by a $1.8 billion, s...
