Reported 4 months ago
Sony Pictures Television is closing down TriStar TV, known for producing shows like "The Afterparty" and "Lucky Hank," and will integrate it into the company's centralized development group. The current TriStar slate will be managed by Sony Pictures Television's drama development department. Jennifer Turner and Nicole Norwood, who led TriStar TV, are leaving the studio as part of this transition. The decision to shut down TriStar TV follows the folding of Sony's Gemstone label into the main studio in November 2022, and staff cuts related to this closure are not expected.
Source: YAHOO
Reported 4 months ago
The New Orleans Pelicans have decided to defer the Los Angeles Lakers' first-round pick from the Anthony Davis trade until 2025, allowing the Lakers to have the No. 17 pick in the 2024 NBA Draft. This decision gives the Pelicans the opportunity to potentially access a stronger draft class in 2025, which is expected to feature top talents like Cooper Flagg, Dylan Harper, and Nolan Traore. The Lakers now have additional draft assets to utilize in pursuing star players like Donovan Mitchell or Trae Young in this year's draft.
Source: YAHOO
Reported 4 months ago
In the episode of "Asking for a Trend" hosted by Josh Lipton, two key stories are explored: the aftermath of Trump's conviction and the surge in private credit. Following Trump's conviction, billionaires like Elon Musk and Bill Ackman have shown support for him. Meanwhile, there is a rising trend in private credit, with major banks investing over $50 billion in this form of financing. The show also features insights from experts like Harvard Kennedy School research fellow Gautam Mukunda and Yahoo Finance's Julie Hyman. The episode delves into the reasons behind these trends and their implications in the market.
Source: YAHOO
Reported 4 months ago
The New York Mets are closely monitoring top prospect Luisangel Acuna, who has been performing well in the minor leagues, but they did not consider calling him up during a recent roster shakeup. Acuna has shown improvement at the plate and in the field, but the Mets opted to add infielder Jose Iglesias instead. Despite the interest in Acuna, the Mets are being cautious about rushing his development and will continue to observe his progress throughout the season.
Source: YAHOO
Reported 4 months ago
The article discusses the US indexes finishing May on a high note, with the Dow Jones Industrial Average closing 575 points higher on the last trading day of the month. The S&P 500 fell by 0.51% in the shortened trading week, while the Nasdaq Composite fell by 1.10% over the last four days. The guilty verdict against Donald Trump has sparked discussions on its impact on the upcoming presidential election and the market. Additionally, conversations have returned to higher-for-longer interest rates following April's PCE inflation data meeting expectations.
Source: YAHOO
Reported 4 months ago
Autodesk has appointed board member Elizabeth Rafael as the interim Chief Financial Officer and reported preliminary first-quarter revenue above analysts' estimates, leading to an 8% increase in its shares during extended trading. The company also announced that Deborah Clifford, the previous CFO, will become the Chief Strategy Officer. Autodesk's first-quarter revenue of approximately $1.42 billion exceeded expectations, and Rafael's appointment is effective immediately. Additionally, the company stated there would be no restatement or adjustment of financial statements following an audit committee investigation. CEO Andrew Anagnost expressed gratitude for resolving the investigation, and Autodesk raised its full-year earnings per share expectations to a range of $7.99 to $8.21.
Source: YAHOO
Reported 4 months ago
Former President Donald Trump's guilty verdict is causing ripples in politics and on Wall Street, with potential impacts on the broader market being debated. Billionaire donors like Elon Musk and Bill Ackman are supporting Trump's 2024 run, while West Virginia Senator Joe Manchin has moved to being an independent. Dell Technologies' Infrastructure Solutions Group President, Arthur Lewis, discussed the advancements in AI servers. The market is showing mixed reactions, with the Dow trending higher but the S&P and NASDAQ down. Additionally, there are discussions on potential market volatility and the impact of the U.S. presidential election. In consumer staples, there is a disconnect between macro data and company performances, with declining volumes impacting the sector despite price increases. The consumer behavior is cautious, and companies may need to consider promotional strategies to drive volume growth. Alcohol consumption trends show a softening in the beer, spirits, and wine industries, reflecting a broader trend of economizing behaviors. Transaction activities in the alcohol industry may increase due to these market dynamics.
Source: YAHOO
Reported 4 months ago
Variety's Awards Circuit section, curated by senior awards editor Clayton Davis, predicts a competitive Emmy season for Documentary Series and Specials, with attention on stories about cults, killers, musicians, and Old Hollywood. Notable contenders include series like "Quiet on the Set" and "The Jinx," specials like "The Greatest Night in Pop" and "Jim Henson Idea Man," and hosted nonfiction shows like "My Next Guest with David Letterman and John Mulaney." The exceptional merit category also holds strong contenders like "Stamped from the Beginning" and "Going to Mars: The Nikki Giovanni Project." Eligibility deadline for series is May 31, with nominations voting open from June 13 to June 24.
Source: YAHOO
Reported 4 months ago
The article describes the author's experience witnessing Donald Trump's trial in court, where he was found guilty on all counts related to falsifying business records connected to a hush money payment to Stormy Daniels. The author details the tense atmosphere in the courtroom as the jury delivered the historic guilty verdict, noting the security measures in place and the reactions of both Trump and the media. The article also highlights the intense interest in the trial and potential safety concerns for the jurors and judge, especially given Trump's criticism of the judge following the verdict.
Source: YAHOO
Reported 4 months ago
Major banks like Goldman Sachs and Wells Fargo have shown interest in private credit, raising around $50 billion for private credit investments. Private credit involves firms raising funds to invest in various lending vehicles, real estate, and other financing options, similar to private equity. The private credit trend has seen significant growth in recent years, attracting both competition and participation from established banks. However, there are risks associated with private credit, including illiquidity, opaque valuation, unclear credit quality, and potential systemic risks, as highlighted by Jamie Dimon of JP Morgan.
Source: YAHOO
Reported 4 months ago
Source: INVESTORS
Reported 4 months ago
Glen Powell's dog Brisket, a terrier poodle mix, once escaped on a flight but ended up cuddling with all its passengers instead of causing chaos. Powell described Brisket as well-behaved and tiny, often traveling with him in his shirt. The actor shared that Brisket was adopted from the Labelle Foundation and has become his constant companion, even joining him on film sets where he is cared for by the crew and co-stars. Powell expressed how much joy Brisket brings to everyone around him, emphasizing their strong bond and the unique adventures they share.
Source: YAHOO
Reported 4 months ago
The article ranks the top 15 players in the upcoming NBA Finals between the Boston Celtics and the Dallas Mavericks, emphasizing the importance of supporting casts alongside superstars like Jayson Tatum, Jaylen Brown, Luka Doncic, and Kyrie Irving. Players like Derrick White and Jrue Holiday are highlighted for their defensive talents for the Celtics, while Dereck Lively II and Daniel Gafford are noted for their role in dominating the paint for the Mavericks. The return of Kristaps Porzingis and the performances of key players like Jaylen Brown, Jayson Tatum, and Luka Doncic are expected to heavily impact the series.
Source: YAHOO
Reported 4 months ago
Recognizing the signs of low testosterone, also known as hypogonadism or "low T," can be challenging as symptoms like tiredness, weight gain, and low sex drive are nonspecific and easily attributed to other causes, especially in older males. Common symptoms include abnormal breast development, decreased muscle mass, depression, erectile dysfunction, fatigue, and low libido. Low testosterone affects around 4 to 5 million males in the U.S., with 1 in 4 men aged 40 to 70 experiencing low levels. Diagnosis involves blood tests, and treatment options include lifestyle changes and testosterone replacement therapy, with various forms available like oral tablets, injections, patches, gels, or creams. Managing TRT side effects and regular monitoring are essential, while individuals with untreated prostate or breast cancer, recent heart issues, or pituitary gland-related low T may not be suitable candidates for TRT.
Source: YAHOO
Reported 4 months ago
The article discusses the impact of expiring tax cuts on the support of billionaires like Elon Musk and Bill Ackman for former President Donald Trump. According to Harvard Kennedy School research fellow Gautam Mukunda, the tax cuts, which were financially beneficial to these billionaires, are set to expire soon, and their renewal would likely require Trump's re-election due to the significant cost involved. This financial calculation explains the support of wealthy individuals for Trump, alongside other factors like polling data indicating a potential Trump win.
Source: YAHOO
Reported 4 months ago
Sony's TriStar Television label, responsible for series like The Afterparty, is being shut down after a nine-year revival. EVP Jennifer Turner and SVP Nicole Norwood, the label's top executives, will be departing the studio. The brand's development slate will now be overseen by Sony Pictures Television's drama development team, as part of a move to centralize development under President Katherine Pope. TriStar TV had been relaunched in 2015, focusing on female-driven projects, and generated six series during its run.
Source: YAHOO
Reported 4 months ago
The article compares two software stocks, Palantir Technologies (PLTR) and Salesforce (CRM), using TipRanks' Comparison Tool to determine the better buy. While Palantir specializes in big-data analytics and showed a neutral view due to its high valuation, Salesforce focuses on customer relationship management and received a bullish view for being more reasonably valued despite a recent stock price plunge. Palantir's stock is up 25% year-to-date, while Salesforce's is down 14%. The article suggests that Salesforce's recent sell-off may present a buying opportunity, while Palantir is seen as overvalued.
Source: YAHOO
Reported 4 months ago
Webtoon Entertainment Inc., backed by Naver Corp., has filed for a US initial public offering, disclosing a net loss of $145 million on revenue of $1.28 billion last year. The online comics operator could seek to raise up to $500 million at a valuation of $3 billion to $4 billion, with Naver continuing to control it post-IPO. The offering will be led by Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., and Evercore Inc., with Webtoon planning to trade on the Nasdaq Global Select Market under the symbol WBTN.
Source: YAHOO
Reported 4 months ago
June 2024 at the box office sees the release of major franchise sequels like 'Inside Out 2' and 'A Quiet Place: Day One,' with a few other varied offerings. 'Inside Out 2' by Disney/Pixar introduces new emotions and is expected to open with over $100 million, while 'A Quiet Place: Day One' serves as a prequel to the successful series and is anticipated to make upwards of $55 to 60 million. 'Bad Boys: Ride or Die' returns with Will Smith and Martin Lawrence, and 'Horizon: An American Saga – Chapter One' directed by Kevin Costner also hits theaters this month. Other releases include 'The Watchers,' 'Kalki 2898 AD,' 'Blue Lock The Movie -Episode Nagi-,' 'The Bikeriders,' 'Kinds of Kindness,' 'The Exorcism,' 'Janet Planet,' and several limited releases.
Source: YAHOO
Reported 4 months ago
Dan Devine and Jake Fischer recap the Minnesota Timberwolves' loss to the Dallas Mavericks in the Western Conference Finals, discussing the Mavericks' dynamic duo of Kyrie Irving and Luka Doncic as potentially the best offensive backcourt in NBA history. They also touch on the Timberwolves' playoff capabilities for 2025 and preview the upcoming NBA Finals between the Celtics and the Mavericks, highlighting matchups like Jayson Tatum vs Luka Doncic and Kyrie Irving's return to Boston, along with the importance of Kristaps Porzingis for the Celtics.
Source: YAHOO
Reported 4 months ago
Detroit Pistons have fired general manager Troy Weaver after a franchise-record losing season, with a 14-68 record, worst in the NBA. Weaver, who had been with the team for four seasons, declined an off-site scouting role and the Pistons are now looking to new team president Trajan Langdon to shape the franchise's future. The team is considering Michael Blackstone of the New Orleans Pelicans as a potential replacement for Weaver. Weaver leaves behind a roster without a franchise star but notable draft picks like Cade Cunningham, Killian Hayes, Jaden Ivey, and Ausar Thompson. The Pistons hold the No. 5 overall pick in the upcoming NBA Draft.
Source: YAHOO
Reported 4 months ago
This article highlights the best Walmart deals available this weekend, including discounts on a variety of products such as summer essentials, tech gadgets, appliances, and more from brands like Dyson, Vizio, L'Oreal, and others. The deals cover a wide range of categories, including garden, outdoor, vacuums, TVs, home entertainment, tech, kitchen, style, beauty, and wellness items, with significant markdowns on products like a garden bed, vertical charcoal smoker, cordless lawn mower, smart TVs, laptops, soundbars, air purifiers, and beauty products.
Source: YAHOO
Reported 4 months ago
The Ekouaer Sleeveless Nightgown, available on Amazon for $15, is described as a comfortable and flattering option for warm summer nights. Made of a silky rayon-spandex mix, the nightgown offers full coverage while keeping you cool, making it a popular choice among over 3,400 enthusiastic reviewers. With a loose-fitting, flowing design and a variety of colors and prints to choose from, this nightgown is praised for its comfort, style, and suitability for hot summer nights.
Source: YAHOO
Reported 4 months ago
A solar storm is forecasted to bring possible sightings of the aurora borealis to some northern states in the US on the night of May 31 into the morning of June 1. The Space Weather Prediction Center predicts a moderate geomagnetic storm, with the best viewing times expected between 11 p.m. Friday and 1 a.m. Saturday. States like New York, Michigan, Vermont, Maine, Minnesota, and others may have a chance to witness the northern lights. Monitoring the prediction center's website for updates is recommended for those interested in viewing the phenomena.
Source: YAHOO
Reported 4 months ago
The article discusses upcoming key events in the financial world, including various companies unveiling their first quarter financial results like Lululemon, Dollar Tree, and SunPower. Additionally, focus is on the highly anticipated May jobs report set for release on Friday, providing insights into the labor market. For more expert insight and market updates, viewers are directed to watch the full episode of Market Domination Overtime.
Source: YAHOO