Company Insights
Warner Bros. Discovery to Expand U.K. Studio, Following Netflix’s Playbook
Warner Bros. Discovery’s main studio in the U.K. is getting a major upgrade. The company is expanding its operation at Warner Bros. Studios Leavesden.
Section
News
Company Insights
Pfizer seeks partnerships to broaden and diversify its portfolio
Image by Mike Ramírez Mx from Pixabay Pharmaceutical giant Pfizer has teamed up with a biology biotech company Ginkgo Bioworks to research and develop RNA medicines, following a series of acquisitions and partnerships to grow and diversify its portfolio With the deal of up to $331 million the two companies plan to work on up to three
Livent
Livent-Allkem Merger Advances in Bid to Catch Lithium Majors
Lithium companies Livent and Allkem are moving ahead with a merger that would position the combined company to be the world’s third-largest producer in the market.
Rivian
Rivian “On Track” to Meet 2023 Production Goals
Rivian’s production is continuing to ramp up this year following an underperformance in 2022.
Company Insights
“Barbie” producer Robbie Brenner promoted to president of Mattel Films
Mattel has promoted Robbie Brenner, the producer at the helm of the record-breaking “Barbie” movie, to president of the film division, the company said Thursday, a move that comes as the company plans over a dozen live-action releases centered around its characters.
Rivian
Rivian CEO: R1T Faces No Competition From Tesla’s Cybertruck
Rivian’s boss isn’t afraid of the potential release of Tesla’s Cybertruck, a long-pledged electric truck that boasts a higher number of reservation requests than Rivian has cars on the road.
Stocks
Bullish prospects for lithium miners despite a year of steep declines
Falling lithium prices have sunk shares of major companies, but industry fundamentals are strong due to growing demand for electric car manufacturing
Stocks
Airline stocks plummet as government shutdown fears and soaring fuel costs create turbulence
Stocks of prominent commercial airlines have experienced a decline in recent months owing to sluggish growth and rising fuel costs.
Stocks
Sport Betting Stocks Are Coveted As Sport Betting Expands
Draftkings, Caesars Entertainment and MGM Resorts International have been outperforming markets with sports betting expansion.
Stocks
E-commerce Retailers Underperforming Amid Market Challenges
In the e-commerce sector, eBay is in the midst of a transformation, Wish is strategizing for growth and Etsy is contending with performance issues, attracting different levels of attention from investors and analysts.
Company Insights
Moderna, Pfizer Stocks Down Even Amid Rising Covid-19 Cases and Updated Boosters Launch
Even though Covid-19 cases and hospitalization numbers are up, they won’t be a shot in the arm for either Moderna or Pfizer stock. Pfizer (NYSE:PFE) closed at $32.
Retail
Inflation, Theft Put Discount Retail at Big Discount
Dollar stores are offering a different type of bargain these days: their stocks.