Media giants are facing challenges on all sides, according to recent filings. TV networks like Fox (FOX, FOXA) and Comcast (CMCSA) are struggling as linear ad revenue enters a "free fall." Streaming also remains unprofitable for the majority of players, including Paramount (PARA), Disney (DIS), and Apple (AAPL), as costs rise and subscriber growth stalls. Yahoo Finance Senior Reporter Alexandra Canal joins the Live show to discuss media players' dilemma. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Interest rate cuts will remain “some way off” even if inflation falls below 2pc in the spring, the Bank of England’s chief economist has warned.
Apple Inc. is constantly looking for new and innovative ways to spend its $73 billion war chest. From the Vision Pro to the Apple Car, it's rolling out new products and producing the next generation of consumer technology. Last week, it was reported that its decade-long Apple Car project is coming to an end. But it looks like the trillion-dollar titan has a new focus: artificial intelligence. In a bold move toward integrating artificial intelligence (AI) into its ecosystem, Apple is setting the