Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring
Nov 19, 2024
Thyssenkrupp, the German industrial giant, saw its shares jump nearly 8% on Tuesday after reporting a reduced net loss and announcing a €1 billion impairment on its Steel Europe division. Key Financial Highlights: CEO Miguel Lopez highlighted that the upcoming fiscal year will
Disney’s Strong Streaming Earnings Show Path to Replacing Linear TV
Nov 15, 2024
Disney’s latest fiscal results offer a promising outlook for the streaming industry, showing that streaming services like Disney+, Hulu, and ESPN+ are turning into more profitable businesses. According to Disney’s CFO, Hugh Johnston, the company projects an $875 million increase in direct-to-consumer operating