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Disney Cuts Content Budget By $1 Billion As It Pushes For Efficiency: House Of Mouse Says Too Early To Revise Guidance Despite Earnings Beat
Disney has reduced its content budget to $23 billion as part of ongoing cost-cutting efforts, but CFO Hugh Johnston reassured investors that the company remains confident in its earnings outlook and expects continued strong financial performance in 2025. read more
Novo Nordisk Opposes ‘Government Price Setting’ As Elon Musk’s DOGE Gains Access To CMS Amid Bernie Sanders’ Criticism
Novo Nordisk said that its weight-loss drug Wegovy has reached 1.2 million U.S. patients, with 55 million individuals covered by insurance. read more
BYD Overtakes Tesla In UK After Elon Musk-Led EV Maker’s New Vehicle Registrations Drop In January
BYD Co. overtook its American counterpart Tesla in new vehicle registrations in January in the UK, according to recent industry data. read more
Jamie Dimon Says He Turned Down A Shot At The Presidency As It Means ‘Waving Goodbye To My Family,’ But The JPMorgan Chief Won’t Rule Out A Future Run
Jamie Dimon, the Chairman and Chief Executive Officer of JPMorgan Chase & Co. (NYSE: JPM), has recently shared insights into why he chose not to pursue a bid for the U.S. presidency. His decision was influenced by family considerations and an absence of political experience. read more
Eli Lilly Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
Latest Ratings for LLY Date Firm Action From To Feb 2022 Morgan Stanley Maintains Overweight Feb 2022 Mizuho Maintains Buy Jan 2022 Morgan Stanley Maintains Overweight View More Analyst Ratings for LLY View the Latest Analyst Ratings read more
Jeff Bezos’ $10 Billion Earth Fund Pulls Support From Key Climate Initiative: What Happened?
According to the Financial Times, the Earth Fund—a $10 billion initiative founded by Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos—has discontinued its support for the Science Based Targets initiative (SBTi), a major verifier of corporate climate goals that influences how companies like Apple Inc. (NASDAQ: AAPL) and H&M attain a “net zero” label. read more
Uber’s Strong Q4 Offset By $1.1 Billion Forex Headwind, Currency Devaluation: Ongoing Tariff Wars Drive Weak Q1 Outlook
Uber Technologies shares plunged after its Q4 earnings thanks to foreign exchange headwinds amid stronger dollar and earnings per share miss. read more