Tag: stalls

TV networks in free fall as streaming growth stalls

Legacy media is facing a two-pronged conundrum: TV networks are in decline as a dismal ad environment drags on revenue. In the meantime, streaming remains unprofitable for the majority of players as costs rise and subscriber growth stalls. Most recently, Paramount (PARA) reported linear ad revenue slumped 15% year over year in Q4, steeper than […]

After Kansas House bill to regulate AI in campaign ads stalls, experts warn of dangers

A bill that would have prohibited deceptive artificial intelligence-generated campaign advertisements didn’t pass by the turnaround deadline in the Kansas House, but the rapidly evolving technology is already in use in campaigns in several different ways. Pat Proctor, R-Leavenworth, introduced House Bill 2559, along with House Minority Leader Vic Miller, D-Topeka. The bill wouldn’t ban […]

Florida Flag bill stalls in Senate for 2nd time, hours after DeSantis backs it

Gov. Ron DeSantis on Tuesday supported a proposal that would restrict what flags can be flown at schools and other public buildings, as critics of the bill — and Senate analysts — questioned prohibiting flags that represent a “political viewpoint.” The bill (SB 1120), however, stalled, in a Senate committee hours after the governor backed […]

Ford sales jump in January, topping Toyota’s, but EV growth stalls

Ford (F) reported a strong start to the year in the US, with sales jumping in January and even topping those of Toyota (TM), last year’s sales king. However, electric vehicle sales suffered a setback. Ford reported January US sales climbed 4.3% to 152,617 vehicles, with the automaker’s US market share hitting 13.7%, up 0.3% […]

Stocks, Bonds Fall as Rally Stalls Before Year-End: Markets Wrap

(Bloomberg) — European stocks are set to follow losses in the US and Asia as traders dial back optimism over possible Federal Reserve interest-rate cuts and trim positions before the long Christmas weekend. Most Read from Bloomberg Futures on Europe’s stock benchmark declined as much as 0.8% after the S&P 500 and Nasdaq 100 both […]

Stock market rally stalls as S&P 500 posts worst day since October

FedEx (FDX) shares fell as much as 10% early Wednesday after the company’s disappointing forecast offered late Tuesday. The shipping giant now expects revenues to decline by a low-single-digit percentage next year after having previously forecast revenues to stay flat. The company mentioned in its earnings call a “difficult demand environment.” Given the company’s reach […]