Microsoft Joins the Crowd Trailing OpenAI in the Chatbot Competition
HPE cooperates with activist: Hewlett Packard Enterprise signed a cooperation agreement with Elliott Investment Management, which has a more than $1.5 billion stake in the company. The deal with the activist investor included the appointment of a director and the creation of a new strategic committee.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Warner Bros. Discovery Hits Profit Turnaround, Thanks To Theaters, Not TV
Warner Bros. Discovery (NASDAQ: WBD) stock gave up its gains after it reported fiscal second-quarter results on Thursday. The company reported a quarterly revenue of $9.81 billion, flat year-on-year (Y/Y) ex-FX growth, missing the analyst consensus estimate of $9.72 billion. The earnings per share (EPS) of 63 cents topped the analyst consensus estimate of 22-cent loss. The company reported a net income of $1.58 billion, compared to a loss of $9.99 billion Y/Y. WBD reported an adjusted EBITDA of $1.95 billion, a 9% ex-FX revenues were flat ex-FX at $4.89 billion due to domestic linear pay-TV subscriber declines. Advertising revenues decreased 10% ex-FX at $2.22 billion due to domestic linear audience declines. Content revenues increased 16% ex-FX to $2.47 billion, primarily driven by higher box office revenues due to the stronger performance of the theatrical releases in the current year quarter. In the quarter, WBD generated $983 million in operating cash flow and $702 million in free cash flow and held $4.9 billion in cash and equivalents. Streaming The company ended the quarter with 125.7 million subscribers versus 103.3 million Y/Y and 122.3 million quarter-over-quarter (Q/Q). Streaming revenues increased 8% ex-FX to $2.79 billion. Distribution revenue increased 9% ex-FX due to a 22% increase in subscribers following HBO Max's continued global expansion and new distribution deals. Advertising revenue increased 17% ex-FX, primarily driven by increased ad-lite subscribers, partially offset by domestic pricing pressures. Global streaming ARPU decreased 11% ex-FX to $7.14, primarily attributable to growth in lower ARPU international markets and an 8% decrease in domestic streaming ARPU to $11.16. The reduction in domestic streaming ARPU was mainly driven by the broader wholesale distribution of HBO Max Basic with Ads. Content revenue decreased 21% ex-FX, primarily due to the launch of HBO Max in new international markets, which resulted in lower third-party licensing. View more earnings on WBD Adjusted EBITDA for the Streaming Segment was $293 million, versus $(107) million Y/Y. Studios Studios revenues increased 54% ex-FX to $3.80 billion. Content revenue increased 59% ex-FX. Theatrical revenue increased 38% ex-FX, primarily due to the strong box office performance of A Minecraft Movie, Sinners, and Final Destination: Bloodlines in the quarter. Games revenue decreased 14% ex-FX primarily due to no releases in the current year. Adjusted EBITDA for the Studios Segment was $863 million, up from $210 million Y/Y. Global Linear Networks Global Linear Networks revenues decreased 9% ex-FX to $4.80 billion. Distribution revenue declined 7% ex-FX, driven by a 9% decrease in domestic linear pay TV subscribers. Advertising revenue decreased 13% ex-FX, primarily due to 23% declines in domestic networks' audience. Content revenue decreased 2% ex-FX, primarily due to the timing of third-party licensing deals. Outlook Warner Bros. Studios segment expects to reach at least $2.4 billion in adjusted EBITDA for the full year, advancing toward its $3 billion goal. Warner Bros. projects $1.3 billion in streaming adjusted EBITDA for full-year 2025. 'We are well underway in executing WBD's next chapter following the announced separation of Warner Bros. (Streaming & Studios) and Discovery Global Media (Global Networks). Over the last two months, we achieved several milestones in our path to completing the separation,' the company said in a press release. Overall, Warner Bros. is on track to separate from Discovery Global Media in mid-2026. Price Action: WBD stock is trading lower by 6.92% to $11.91 at last check Thursday. Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Warner Bros. Discovery Hits Profit Turnaround, Thanks To Theaters, Not TV originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
20 minutes ago
- Yahoo
If You'd Invested $10,000 in BigBear.ai Stock 1 Year Ago, Here's How Much You'd Have Today
Key Points has seen huge gains recently in conjunction with the defense AI trade becoming increasingly popular among investors. has a growth-dependent valuation, and investors will need to see margins improve over time. 10 stocks we like better than › (NYSE: BBAI) stock has been on a big winning streak lately, but it's got a huge test on the near horizon. The company is set to publish its second-quarter earnings results after the market closes on Aug. 11, and the company's share price could be poised for a big move. share price has rocketed roughly 440% higher over the last year, as of market close Aug. 6. That means that a $10,000 investment in the stock one year ago would now be worth $54,000. Expectations are running high heading into the company's upcoming quarterly report. What comes next? Can stock really keep going? As a provider of artificial intelligence (AI) software and consulting services, has recently seen big valuation gains as AI companies with exposure to the defense industry have become favorites on Wall Street. Artificial intelligence is having a transformative impact on a wide range of market sectors right now, and geopolitical dynamics including the war between Russia and Ukraine and tensions between the U.S. and China have encouraged investors to seek out defense AI plays. With its last quarterly update, guided for annual revenue to be between $160 million and $180 million -- representing growth of roughly 7.5% at the midpoint of the target range. Meanwhile, is valued at approximately 12 times this year's expected sales and still isn't profitable. New contract wins and excitement surrounding defense AI trades could continue to push the company's share price well above current levels, but eventually the business will need to show stronger margin improvements to please investors. For example, the business posted a gross margin of just 21.3% last quarter -- a level that's quite low for a software and services company. stock could keep delivering wins for investors, but the company has some proving to do following its recent valuation gains. Should you buy stock in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,099,758!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. If You'd Invested $10,000 in Stock 1 Year Ago, Here's How Much You'd Have Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
RBI reports $2.41bn revenue in Q2 2025
Restaurant Brands International (RBI), the parent of fast-food chains including Burger King and Tim Hortons, has reported total revenues of $2.41bn in the second quarter (Q2) of 2025, compared to $2.08bn in the same period lof the previous year. The company experienced a 5.3% increase in system-wide sales compared to the previous year, with international sales showing 9.8% growth. Despite these gains, RBI's financials indicate a mixed performance. The company reported a 5.7% organic growth in adjusted operating income, which amounted to $668m. However, income from operations for the quarter saw a significant reduction of 27.2% to $483m, down from $663m in the same quarter of 2024. Adjusted diluted earnings per share also saw an improvement, climbing 9.2% to $0.94. The firm's comparable sales rose to 2.4%, with Burger King International and Tim Hortons Canada contributing increases of 4.1% and 3.6%, respectively. Net income from continuing operations followed a similar downward trend, dropping 34.1% to $264m from the previous year's $399m. Net income attributable to common shareholders was reported at $189m. Breaking down performance by segments, Burger King's sales increased 1%, with US comparable sales up by 1.5%. Tim Hortons reported a 3.9% growth in system-wide sales. Popeyes saw 1.6% growth, while Firehouse Subs led with a 6.3% increase in system-wide sales. Despite the challenges faced in Q2, RBI is predicting a more than 8% organic growth in adjusted operating income for the entirety of 2025. RBI CEO Josh Kobza stated: "We made great progress in the second quarter advancing our strategic priorities, with improved sales trends and strong execution led by our two largest businesses, Tim Hortons and International. 'Across the system, we're seeing strong franchisee alignment, impactful marketing, and focused operational initiatives drive meaningful improvements in the guest experience.' In February 2025, RBI expanded its portfolio by acquiring Burger King China from its local franchisee for $158m. For Q1 2025, RBI reported a net income attributable to common shareholders of $159m, lower than the $230m recorded for the corresponding period of the previous year. May 2024 saw RBI finalising the acquisition of Carrols Restaurant Group for $1bn. It represents the largest collection of Burger King franchises in the US. "RBI reports $2.41bn revenue in Q2 2025" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
