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VIACOMCBS INC.
Netflix, Peloton latest among market's pandemic stars to lose shineNetflix shares fell as much as 23% on Friday, the biggest drop since October 2014, while Peloton shares climbed 17% on the Nasdaq, reversin...- Apple joins streaming elite, Netflix crosses milestone with Emmy winsThe honors give the streaming services new bragging rights they can use to promote their offerings in the hard-fought battle for audiences ...
- George Soros exits shares bought during Bill Hwang’s Archegos implosionMost of the Archegos-linked stocks extended their slide in the second quarter. Vipshop plunged 33% in the three months through June, Tencen...
- Credit Suisse unloads $2.3 billion of stocks tied to Archegos CapitalThe unwinding of Bill Hwang’s Archegos portfolio has turned into one of the biggest fund flameouts since Long-Term Capital Management’s dem...
- Mizuho may face $90 mn loss from Archegos: NikkeiThe Financial Times earlier reported that Mizuho had conducted an investigation into its possible losses related to the U.S.-based fund, an...
- In Archegos fire sale, Credit Suisse, Nomura burned by slow exitThe blowup of the Archegos fund, a family office run by former Tiger Asia manager Bill Hwang, is still reverberating across the financial s...
- Archegos-linked stocks advance as volatility comes downViacomCBS Inc. rose 2.1% as of 9:33 a.m. in New York following its weeklong plunge, with Discovery Inc. and Tencent Music Entertainment Gro...
- One of world’s greatest hidden fortunes is wiped out in daysHwang’s most recent ascent can be pieced together from stocks dumped by banks in recent days -- ViacomCBS Inc., Discovery Inc. GSX Techedu ...
- View: Archegos greed got the better of Wall StreetBill Hwang’s investment firm, which ended up having to meet one of the largest margin calls on record, was a disaster waiting to happen.
- Nomura, Credit Suisse warn on losses after Archegos share dumpNomura's loss was related to Archegos' trades, Bloomberg reported citing people familiar with the matter, one of whom said Archegos was a p...
- Traders ‘glued to their screens’, set for volatile open on Wall StreetWhile some of the stocks targeted in the block trades initiated by Goldman Sachs Group Inc. and Morgan Stanley rebounded at the end of Frid...
- Large block trades on Wall Street: Here's what exactly happenedInvestors and analysts cited blocks of Viacom and Discovery shares being put in the market on Friday for likely exacerbating the decline in...
- ‘Unprecedented’: Wall Street ponders Goldman’s block-trade spreeSeveral major investment banks with ties to hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in sh...
- Goldman sells $10.5 billion of stocks in block-trade spreeThe selling spree erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerate...
- US election-night TV lures 57 million viewers, a drop from 2016Fox News led overall, with an estimated 14.1 million viewers in prime time, an 18% increase from 2016, according to Nielsen data supplied b...
- Martin Scorsese inks multi-year deal to create films, TV shows for AppleScorsese will produce the projects through his company Sikelia Productions.
- Disney pushes 'Avatar' sequel to 2022, 'Mulan' indefinitely; Paramount's 'Top Gun: Maverick' will now release in July 2021Disney has also delayed the next film installment of 'Star Wars'.
- Disney+ app gains over half a million downloads post-'Hamilton' releaseDisney released a film recording of the hit Broadway musical on the platform on July 3.
- Apple beat Netflix to secure deal for Scorsese's next film starring DiCaprio, De Niro'Killers of the Flower Moon' is an adaptation of the non-fiction book of the same name.
- Wall Street gets PayPal lift as Nasdaq wipes out 2020 declinesEnergy, financials and materials, which have lagged this year, led the way among S&P 500 sectors, while consumer staples lagged the most.
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