Warner Bros. Discovery (WBD) stock experienced a slight decline of 0.2% in premarket trades on Tuesday. This comes as the company adjusts its 2023 financial guidance in response to the ongoing strikes initiated by the Writers Guild of America and the SAG-AFTRA actors in Hollywood. Optimistically, Warner Bros. Discovery hopes for a swift resolution to these strikes; however, the … [Read more...] about Warner Bros. Discovery Lowers 2023 Financial Guidance Due to Ongoing Strikes
Forex News
U.S. Employment Trends Show Signs of Cooling
The U.S. employment market seems to be heading for a slowdown, as indicated by a decline in the Employment Trends Index in August. The Conference Board, a private-research group, reported that the index fell to 113.02 from 114.71 in July, marking its lowest level in over a year. This downward trend has been consistent since March 2022. Despite the decline, the index still … [Read more...] about U.S. Employment Trends Show Signs of Cooling
AMD CEO Lisa Su Highlights Increased Customer Engagement and Sales in AI Sector
In a recent statement, Lisa Su, the Chair and CEO of Advanced Micro Devices Inc. (AMD), expressed her enthusiasm over the growing customer engagement in the AI sector, which has resulted in increased sales for the company. Speaking at Goldman Sachs' Communacopia + Technology investor conference in San Francisco, Su mentioned that interest in AMD's AI data-center hardware has … [Read more...] about AMD CEO Lisa Su Highlights Increased Customer Engagement and Sales in AI Sector
Enbridge to Acquire Three U.S. Utilities from Dominion Energy
Enbridge, the energy transportation company, has recently announced its agreement to purchase three major U.S. utilities from Dominion Energy for an impressive $14 billion. This strategic move will not only facilitate Enbridge's expansion but also establish it as the largest natural gas utility franchise in North America. Dominion Energy's decision to sell these utilities is a … [Read more...] about Enbridge to Acquire Three U.S. Utilities from Dominion Energy
Hilton Grand Vacations Expects Maui Wildfires to Impact Sales and Earnings
Hilton Grand Vacations, a resort timeshare company based in Orlando, Florida, predicts that the Maui wildfires will have a negative effect on its contract sales and earnings for the remainder of the year. While the company's two Maui properties were not physically damaged by the fires, it anticipates a significant decline in contract sales due to the ongoing fires and limited … [Read more...] about Hilton Grand Vacations Expects Maui Wildfires to Impact Sales and Earnings
