3rdPartyFeeds

Block’s Earnings Beat Estimates but the Stock Drops. Here’s Why.

Block reported a second-quarter loss of $208 million, or 36 cents a share, for the three months ended June 30. Read More...

Deadline

Warner Bros. Discovery Shares Slide 12% After Earnings Debut – Update

Shares of Warner Bros. Discovery fell sharply in late trading after the company reported its first combined financials featuring a big net loss, disappointing revenue, high debt and slower streaming growth. A long call with CEO David Zaslav, CFO Gunnar Wiedenfels and global streaming head JB Perrette including presentations, slides and Q&A evidently didn’t reassure […]

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