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Defense companies raise their forecasts for 2025 as demand rises

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✨ Explore this insightful post from Business News 📖 📂 Category: ✅ Main takeaway: Defense and aerospace companies raised their forecasts for this year on Tuesday, citing strong demand despite economic uncertainty and tariffs.General Electric Aerospace, Northrop Grumman, RTX and Lockheed Martin Each beat Wall Street's third-quarter earnings estimates, with only Northrop missing revenue estimates, based on a survey of analysts conducted by LSEG.GE, a defense supplier and major engine maker Boeing and Airbus Commercial Airplanes, raised its full-year adjusted revenue growth outlook from "mid-teens" to "high" and its free cash flow outlook from a range of $6.5 billion to…

DraftKings acquires predictions platform Railbird

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🔥 Explore this awesome post from Business News 📖 📂 Category: ✅ Main takeaway: Cheng Shen | Getty Images News | Getty ImagesKings Project Railbird is acquiring the predictions platform as it prepares to launch a mobile platform in the coming months called DraftKings Predictions.Railbird is licensed by the Commodity Futures Trading Commission to offer event contract exchanges. DraftKings targeted the company because of its proprietary team and technology. “We are excited about the additional opportunity that prediction markets can represent for our business,” Jason Robbins, CEO of DraftKings, said in a statement to CNBC. “We believe the Railbird team…

Mattel (MAT) Q3 2025 earnings

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💥 Check out this insightful post from Business News 📖 📂 Category: 💡 Key idea: The Mattel, Inc. logo is displayed. Outside the headquarters of the toy company known for its products including Barbie and Hot Wheels in El Segundo, California on June 8, 2023.Patrick T. Fallon | AFP | Getty ImagesBarbie maker Mattel It posted third-quarter results after the market close on Tuesday that beat analysts' expectations as ongoing global tariffs continue to hamper the toy manufacturer's North American sales.The company's shares fell 4% in after-hours trading.Here's what Mattel reported for the third quarter compared to what Wall Street…

GM expects next year’s results to exceed 2025 profits

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✨ Check out this awesome post from Business News 📖 📂 Category: 💡 Key idea: The General Motors logo appears on the facade of General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT — GM Chief Financial Officer Paul Jacobson said Tuesday that the company expects next year's earnings to exceed its 2025 results, which performed much better than Wall Street forecasts.Investors were hoping to hear feedback on 2026 guidance as the automaker reported third-quarter earnings that included raising 2025 guidance and beating Wall Street expectations.“Looking forward to 2026, we have multiple tools to continue our current…

Commercial real estate is embracing blockchain technology. What investors should know

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💥 Explore this insightful post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: A version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.Nearly a decade ago, cryptocurrencies began to appear in the residential real estate market. There were stories of the first house sale in Bitcoin, but in reality it was just people buying…

Warner Bros. Discovery’s HBO Max is raising its prices across all plans

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💥 Check out this trending post from Business News 📖 📂 Category: 📌 Here’s what you’ll learn: norphoto | norphoto | Getty ImagesHBO Max is the latest streaming service to raise its prices.The streaming giant owned by Warner Bros. DiscoveryIt announced Tuesday that it would raise prices on all plans. The HBO Max Basic plan with ads increases by $1 per month to $10.99, the Standard plan increases by $1.50 to $18.49, and the Premium plan increases by $2 to $22.99. HBO Max last raised prices in June 2024.Price increases take effect immediately for new subscriptions. The company said that…

Netflix has inked KPop Demon Hunters toy deals with Hasbro and Mattel

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✨ Explore this awesome post from Business News 📖 📂 Category: 📌 Here’s what you’ll learn: A still from the KPop Demon Hunters series on Netflix.NetflixNetflix He is partnered with both Hasbro and Mattel To bring "KPop Demon Hunters" games to shelves.The animated film, which debuted on the streaming service in June, has become Netflix's most popular movie ever, with more than 325 million views worldwide. Its popularity prompted Netflix to release it twice in theaters — once in August for a two-day weekend event and again the next week on Halloween.The partnership with Mattel and Hasbro will allow Netflix…

Netflix (NFLX) Q3 2025 Earnings

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💥 Read this must-read post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: Thomas Fuller | SOPA Photos | Rocket Lite | Getty ImagesNetflix It is scheduled to report third-quarter earnings after the closing bell on Tuesday.The streaming service will no longer provide investors with quarterly subscriber updates, but Wall Street will be eager to hear about the extent of recent price hikes and the platform's growing advertising level — especially as companies across all sectors grapple with consumers tightening their wallets.Here's what Wall Street expects for the company's fourth quarter: EPS: $6.97, according to LSEGprofit: $11.51…

Warner Bros. says: Discovery It’s open for sale; Stocks jump 9%

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🚀 Check out this must-read post from Business News 📖 📂 Category: 💡 Key idea: Warner Bros. Discovery It said Tuesday it is expanding its strategic review of the business and is open to a sale, sending the company's shares up 9% in pre-market trading.Earlier this year, WBD announced plans to split into two separate entities, its broadcast and studio businesses and its global networks business. There has also been interest in exiting from the newly combined companies Paramount Skydance.But on Tuesday, WBD said it had received “unsolicited interest” from multiple parties and would now review all options. The company…

5 things to know before the stock market opens

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🔥 Check out this awesome post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: News ✅ Main takeaway: Stock futures were little changed this morning after major indexes rose sharply to start the week. The US government shutdown has entered its 21st day, with a senior White House adviser predicting an end to the budget impasse this week; Apple (AAPL) shares remain in the spotlight after hitting a record high on news of strong iPhone 17 sales; General Motors ( GM ) shares rose after the automaker reported better-than-expected earnings and raised its full-year forecast. Netflix…