Big tech is back to its all powerful self amid the coronavirus quarantine. Barron’s Eric Savitz joins Alex Eule to discuss the key takeaways from tech companies’ first-quarter results.
The company reported $1.13 in adjusted earnings per share, compared with Wall Street’s estimate of 99 cents. It also announced a deal with YouTube’s live TV streaming service to include 14 additional ViacomCBS cable networks in the bundle.
Comcast (NASDAQ: CMCSA) launched Peacock -- its ad-supported streaming service -- to Xfinity video and internet subscribers last month. During Comcast's first-quarter earnings call on April 30, management said the limited rollout exceeded its expectations.
Media company ViacomCBS Inc on Thursday beat first-quarter revenue and profit estimates, as higher demand for its streaming services from people hunkered down at home more than offset a drop in advertising revenue due to the COVID-19 crisis.
In the early 2010s, Verizon's (NYSE: VZ) Verizon FiOS TV service was one of pay TV's biggest success stories. At a time when legacy pay TV products like cable and satellite subscriptions were suffering from the cord-cutting trend, Verizon's IPTV service seemed somehow immune. Fi
Companies around the world are changing how they're doing business right now. While many businesses have been negatively impacted by the coronavirus pandemic, there are quite a few companies managing extremely well during these trying times.
LightShed Partners analyst Richard Greenfield downgraded Disney stock to Sell from Neutral, with an $85 price target. The company reports earnings late Tuesday.
LightShed Partners analyst Richard Greenfield downgraded Disney stock to Sell from Neutral, with an $85 price target. The company reports earnings late Tuesday.