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Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”
Culturedeadline4mo ago

Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”

Fox Corp. CEO Lachlan Murdoch said CNN’s soon-to-be stewards at Paramount are apt to reinvigorate the news network, but he expressed confidence that Fox News can withstand a potential challenge. “We have been winning, and we win amongst strong competition,” Murdoch said at the Morgan Stanley Technology, Media & Telecom Conference. “Under the Ellisons, CNN […]

Fox Corp. Q3 Profit Dips Due to Absence of Super Bowl Ad Revenue
Culturevarietydeadlineseeking-alpha1mo ago3 sources

Fox Corp. Q3 Profit Dips Due to Absence of Super Bowl Ad Revenue

Fox Corp. reported a dip in its third-quarter profit, primarily attributing the decline to the absence of Super Bowl advertising revenue. The major sporting event was not broadcast by the network during this quarter, impacting financial results.

Fox Entertainment Hires Media Veteran Billy Parks to Lead Creator Studios Division
Culturevarietyhollywood-reporter3mo ago2 sources

Fox Entertainment Hires Media Veteran Billy Parks to Lead Creator Studios Division

Fox Entertainment has a new driver at the wheel of its trek into creator-driven content: The company announced that it has recruited Billy Parks, a seasoned media and investment exec, as head of Fox Creator Studios. The Fox Corp. division launched Fox Creator Studios at CES 2026 as a digital-first division created to partner with […]

SpaceX Options Trading Shatters Records, Company Valuation Soars
BusinessBBCbloombergNYT+38The Guardiandr-dknzzcnbcfazberlingskele-figarosvenska-dagbladet+30 more15d ago41 sources

SpaceX Options Trading Shatters Records, Company Valuation Soars

SpaceX saw unprecedented trading activity on its first day of options trading, with investors piling into bets that shattered records. This surge in interest propelled SpaceX to overtake Amazon as the world's fifth most valuable company, despite some analysts expressing caution about its high valuation.

Nvidia Posts Record Revenue Driven by AI Chip Demand
TechnologyReutersbloombergNYT+35wsjFTThe GuardianAl JazeeraCNNnrkyle-uutisetcnbc+27 more1mo ago38 sources

Nvidia Posts Record Revenue Driven by AI Chip Demand

Nvidia announced record quarterly revenue, significantly surpassing Wall Street expectations, primarily driven by the surging demand for its AI chips. The company's strong performance highlights the accelerating boom in artificial intelligence technology.

Numerous Companies Release Q1 Earnings Call Summaries
FinanceReutersglobe-and-mailYahoo+2naftemporikiseeking-alpha2mo ago5 sources

Numerous Companies Release Q1 Earnings Call Summaries

Highlights and transcripts from the first-quarter earnings calls of multiple companies, including Horizon Bancorp, Huntington Bancshares, Fulton Financial, and Nasdaq, have been released.