A top Walt Disney Company (NYSE:) shareholder is aggressively pushing a bold vision to unlock significant gains – advocating the entertainment giant embrace artificial intelligence and overhaul its business structure. Blackwells Capital claims an AI strategy could boost Disney’s stock price by 129%. It’s urging Disney split into three companies, spin off parks and hotels,
0 Comments
Zoom Video Communications Inc.’s stock surged in extended trading Monday, after the videoconferencing company topped expectations across the board with its financial results and forecasts. The company also authorized a $1.5 billion buyback. Zoom  ZM, -0.44% reported fiscal fourth-quarter net income of $298.8 million, or 95 cents cents a share, on revenue of $1.15 billion, up
0 Comments
Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom shares rose as much as 13% in extended trading on Monday after the video chat
0 Comments
The First Trust Mid Cap Value AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Monday, with over 179,000 shares traded versus three month average volume of about 25,000. Shares of FNK were off about 0.3% on the day. Components of that ETF with the highest volume on Monday were Paramount Global, trading
0 Comments
Shares of Hims & Hers Health Inc. HIMS, +7.67% jumped 17% after hours on Monday after the online wellness platform said 2024 would be its first year of positive net income and forecast first-quarter and full-year sales that were above expectations. The company said it expected first-quarter sales of $267 million to $272 million, above
0 Comments