Roku is making a significant acquisition that will propel it further in the content space. The streaming platform says that it is acquiring the subscription streaming service Frndly TV in a deal valued at $185 million. The deal, which should be…
Author: Ryan McNom
Ryan McNom
Ryan McNom is an accomplished economist, news writer, and author who has been covering the world of finance and markets since 2003. With a sharp focus on the New York Stock Exchange (NYSE), Nasdaq, S&P 500, and Dow Jones Industrial Average (DJIA), Ryan delivers in-depth analysis and timely reports that help readers navigate the ever-changing landscape of the global economy. His expertise lies in breaking down complex market movements and trends into clear, actionable insights.
Tech giant Apple, led by CEO Tim Cook, delivered revenue of $95.36 billion for the second quarter of 2025 overshadowed by sweeping new tariffs imposed on China by the Trump administration. The iPhone maker’s overall revenues, up 5 percent year-on-year, surpassed analyst expectations after…
Live Nation reported $3.3 billion in revenue for the first financial quarter of 2025, an 11 percent drop from the particularly strong first quarter the live music giant had posted a year ago. Adjusted operating income fell 6 percent to $341 million from…
Exhibition giant Cinemark reported revenue of $541 million, down 7 percent year-over-year from $579 million, for the first quarter of 2025 and swung to a quarterly loss of $39 million, compared to a year-earlier profit of $25 million. But the company touted:…
The sports streaming platform FuboTV reported it ended the first quarter with 1.47 million paid subscribers in North America, down from 1.67 million at the end of the fourth quarter of 2024 and 1.61 million at the end of the third quarter…
ChatGPT creator OpenAI and Yahoo would like to buy Google’s Chrome web browser if a federal judge orders a sale of the internet’s most popular gateway. The interest of these companies emerged this week during a trial that will determine…
Spotify informed The Budgets that they have paid podcast publishers and creators over $100 million since the start of January. The payout is the result of a program introduced in 2025 that opened up new revenue streams to eligible hosts.…
Google has illegally built “monopoly power” with its web advertising business, a federal judge in Virginia has ruled, siding with the Justice Department in a landmark case against the tech giant that could reshape the basic economics of running a…
Share prices of Hertz surged 56% after billionaire investor Bill Ackman’s firm disclosed a stake in the car rental company. Pershing Square Capital Management said in a regulatory filing on Wednesday that it had acquired 12.7 million shares valued at $46.5 million. Pershing Square…
Netflix fared better than analysts anticipated during the first three months of the year, signaling the world’s largest video streaming service is still thriving as President Donald Trump’s policies cast a pall on the economy. The numbers released Thursday indicated Netflix is still building on…
