Paramount Skydance reported first-quarter revenue of $7.35 billion, surpassing analyst expectations, with streaming revenue up 11% to $2.4 billion, led by Paramount+ adding 700,000 subscribers. The company's film studio revenue also rose 11%, boosted by hits like "Scream 7." Despite declines in its traditional TV media segment due to cord-cutting, Paramount reaffirmed its full-year outlook of $30 billion in revenue and $3.8 billion in adjusted EBITDA. The company is also progressing toward acquiring Warner Bros. Discovery, aiming to close the deal by the end of Q3 2026.
After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...
YieldMax ETFs have announced their weekly distributions for Group 1 ETFs, with distribution rates ranging from about 25% to over 65%. These ETFs focus on option income strategies across sectors like semiconductors, AI, crypto, and metals. Investors s...
QTREX Quantum Ltd announced that its Additively Manufactured Electronics (AME) technology achieved a 97% yield validation at a major U.S. interconnect manufacturer. This milestone confirms the technology's readiness for high-demand production environ...
Clean Energy Fuels Corp. secured contracts to design and install liquefied natural gas (LNG) fueling systems in Puerto Rico, supporting a pharmaceutical manufacturer and P.R. Energy Partners' luxury residential and hotel operations. These projects wi...
Epson introduced the WorkForce Enterprise AM-C10000, a high-speed color multifunction printer capable of printing 100 ISO pages per minute, designed for busy offices and print services requiring precise color control. It supports heavy workloads with...
