4+ hour, 8+ min ago  (691+ words) Disney's new CEO, Josh D'Amaro, is said to have decided against spinning off sports giant ESPN, according to reporting by Business Insider. The House of Mouse may still seek other partners to take minority stakes in ESPN, per the report....

3+ hour, 53+ min ago  (615+ words) Enphase Energy fell in after-hours trading Tuesday as uninspiring Q2 guidance overshadowed better-than-expected numbers in its Q1 earnings report. The maker of solar power and battery equipment reported: Sales of $282. 9 million vs. the $282. 3 million Fact Set expectation. Non-GAAP diluted earnings per share…...

4+ hour, 45+ min ago  (865+ words) Chip stocks dropped on a report that Open AI missed key revenue and user targets, while oil climbed amid stalled peace talks. Stocks fell from record highs, with the S&P 500, Nasdaq 100, and Russell 2000 all trading lower. Information technology was…...

5+ hour, 27+ min ago  (578+ words) Gird your loins. "The Devil Wears Prada 2," the highly anticipated sequel from Disney and 20th Century Studios, starring Meryl Streep, Anne Hathaway, Emily Blunt, and Stanley Tucci, comes out this week. To be considered "fresh," movies have to receive at least…...

6+ hour, 6+ min ago  (477+ words) Carriers expect to pay about $4. 26 per gallon for jet fuel in Q2, up from $2. 80 in Q1. With Jet Blue's Tuesday morning earnings report, we can now put some early figures on the jet fuel crunch for US airlines. Collectively, the country's six…...

12+ hour, 46+ min ago  (1107+ words) US gas prices climbed on Tuesday to their highest level in four years as peace talks between the US and Iran are at a standstill. The national average gas price is currently $4. 18 per gallon, according to the American Automobile Association....

9+ hour, 51+ min ago  (680+ words) A hint that "big" news about the US strategic bitcoin reserve was coming soon couldn't stop the asset's decline. Bitcoin sank below $76, 000 Tuesday morning, and not even news around a bitcoin strategic reserve that might materialize "in the next few…...

14+ hour, 19+ min ago  (1769+ words) As Middle East peace talks stretch on, with Tehran reportedly offering to reopen the Strait of Hormuz if the US lifts its blockade and the war ends, the owner of shipping intelligence platform Marine Traffic revealed that the app has…...

15+ hour, 28+ min ago  (492+ words) Meta's outlook and analyst estimates suggest more than 30% revenue growth in Q1. When Meta reports first-quarter earnings on Wednesday, analysts and Meta itself expect that its revenue could rise more than 30% " the company's biggest year-over-year jump since 2021. Fact Set estimates call…...

15+ hour, 27+ min ago  (1206+ words) In a bombshell move, the United Arab Emirates announced that it will be leaving OPEC (and OPEC+) on May 1. The Middle Eastern country will soon chart its own course on how much oil to supply to global markets, which have…...