Author: NWS ADMIN

Paramount (PARA) on Thursday signed a new multiyear distribution deal with Charter Communications (CHTR), a major win for the company as it explores strategic options and potential acquisitions from Skydance Media or Apollo Global and Sony. (Disclosure: Yahoo Finance is owned by Apollo.)Spectrum TV’s parent company, Charter, will continue to carry all of Paramount’s networks, including Showtime, CBS and Paramount+, plus Charter’s largest tier of subscribers will be able to receive ad-supported versions of Paramount+ and BET+ at no extra cost.Financial terms of the transaction were not disclosed.”The television media division is driven primarily by linear networks, which accounted for…

9am Fuel up for a great day The Midwest isn’t exactly known for its oversized bagels, but Bubby’s Bagels are the real deal. They’re fermented for two days, then boiled and baked in an inconspicuous strip mall at the base of Old Mission Peninsula across from Civic Center Park. Skip the line and order online for takeaway. Choose a caraway rye or whole wheat bagel this summer, both made with locally grown flour. Don’t forget to ask for a slather of seasonal cream cheese. Made with foraged ramps or locally grown strawberries, depending on the week, they’re appropriately generous ($6).…

Nvidia (NVDA) shares rose 9.3% on Thursday, closing above $1,000 for the first time, giving the semiconductor giant a market cap of more than $2.5 trillion after it reported first-quarter profits that again beat expectations.Nvidia’s first-quarter results, released after the close of trading on Wednesday, reported adjusted earnings per share of $6.12 on revenue of $26 billion, up 461% and 262%, respectively, from the prior year.The company also announced a 10-for-1 stock split and a dividend increase, following the example of some large technology companies that have increased their quarterly dividends to shareholders.Analysts were expecting adjusted EPS of $5.65 on…

Nvidia (NVDA) CEO Jensen Huang isn’t saying there’s a lack of demand; it’s the supply that’s lacking.In an exclusive interview with Yahoo Finance after the company’s first-quarter earnings report on Wednesday, Huang dismissed concerns that demand might falter as the company transitions between its current and next-generation AI chips.”People want to put these data centers in right now,” Huang said. “They want to get our [graphics processing units] “We want people to start working, earning money and saving now. The demand is very strong.”Nvidia is moving away from its current Hopper AI platform to the more advanced Blackwell system, and…

Morgan Stanley’s Mike Wilson has finished predicting a sharp drop in U.S. stocks.Morgan Stanley’s chief investment officer had set a year-end target for the S&P 500 (^GSPC) at its lowest in the past year, but changed his tune in a client note on Sunday.Wilson now sees the S&P 500 index hitting 5,400 over the next 12 months, an upward revision from his previous forecast of the index falling to 4,500. Wilson’s new target reflects an increase of about 2% for the index over the next 12 months as valuations fall and earnings continue to rise.”Our earnings growth forecasts for 2024…

Last week, all three major indexes (^DJI, ^IXIC, ^GSPC) closed at all-time highs, especially the Dow Jones Industrial Average, which closed above 40,000. Wall Street is patiently waiting for the latest quarterly results from semiconductor giant Nvidia (NVDA) to test the market’s strength. Precious metals gold (GC=F) and silver (SI=F) are also trending higher, with silver up more than 11% against the US dollar and gold continuing to hit new all-time highs. Over the weekend, Iranian state media confirmed that Iranian President Ibrahim Raisi and Foreign Minister Hossein Amirabdullahian were killed in a helicopter crash. Could there be a potential…

When you hear the words “AI” and “school” in the same sentence, you might think, “Hold on, isn’t that how kids these days cheat?” But not so, say some of the nation’s hardest-working educators, who are now using new AI “ed tech” tools to help reform the long-struggling public education system. “AI and adaptive software have completely changed the face of the classroom, the atmosphere and the culture of our school. The engagement of our students has been incredible,” Pease Elementary Principal Micah Allott said in a video call from her office in Odessa, Texas.Since taking over as principal in…

A woman who was about to give birth asked a friend to give her an injection of heroin and methamphetamine before she got into an ambulance, US police said.Police in Concord, New Hampshire, arrested 29-year-old Felicia Falluja this week, about six months after her son was born. He remains in state custody.Police also arrested Liana Frenette, 37, of Belmont, who they say supplied Falluja with the drugs. Both women are charged with felony reckless conduct; Frenette also faces a misdemeanor charge of the same offense.”Honestly, this incident is absolutely horrifying to me,” said Lt. Shawn Ford. “Nobody died, but the…

The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products and food products in the United States and abroad. The company operates through three segments: North American Confectionery, North American Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint beverage products, such as mints, chewing gum and bubble gum; food products, such as protein bars, baking ingredients, toppings, beverages, and sundae syrups; and snack products, such as spreads, bars, snack bites, mixes, popcorn and pretzels. The company offers its products primarily under the following brands: Hershey’s, Reese’s, Kisses, Jolly Rancher, Almond Joy, Brookside,…

Gannett, the media company that owns hundreds of newspapers in the US, is launching a new program to add AI-generated bullet points to the beginning of journalists’ articles, according to an internal memo seen by The Verge.The AI ​​feature, labeled “Gist” of an article, uses automated technology to create summaries that appear below the headline. At the bottom of the article, there is a disclaimer that reads, “The gist at the top of this article was created with the assistance of artificial intelligence (AI) and was reviewed by a journalist prior to publication. No other parts of the article were…