Fox Corp reported a 28% increase in fourth-quarter revenue to $4.21bn, driven by advertising income from broadcasting the Fifa World Cup, strong performance at streaming platform Tubi, and political advertising.
US jobless claims dropped to 209,000 for the week ending May 16, fewer than expected. Despite low layoffs, the labor market is in a "low-hire, low-fire" state. The Iran war and Strait of Hormuz closure add economic uncertainty and have driven up oil and gas prices.
Gemini Space Station's shares rose 17% after announcing a $100M investment from Winklevoss Capital Fund at $14 per share, paid in bitcoin, alongside a narrower-than-expected Q1 loss and topped revenue expectations.
Le groupe d’Austin (Texas) a dégagé un chiffre d’affaires de 22,4 milliards de dollars, soit mieux que les 22,3 projetés par les analystes, selon un consensus établi par FactSet.
