Warner Bros. Discovery (WBD) has become the latest media company to raise the price of its ad-free plans on its streaming service, lifting the price of Max to $16.99 from $15.99. Yahoo Finance's Alexandra Canal reports more on the move and how consumers are reacting. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
Investors shrugged off a weaker-than-expected JOLTS report, with the three major indexes (^DJI,^GSPC, ^IXIC) closing higher on Tuesday. On the latest edition of Market Domination, Piper Sandler Chief Investment Strategist Michael Kantrowitz explains why an economic slowdown may be "good news" for equities. When it comes to oil (CL=F, BZ=F), CIBC Private Wealth US Senior Energy Trader Rebecca Babin says oil traders were expecting to get a "gift" from OPEC+, one they didn't receive. India's Prime Minister Narendra Modi declared himself victorious in a heated election race, but will likely have to rely more on allies to get things done. Global X ETFs Senior Portfolio Manager and Head of Emerging Markets Strategy Malcolm Dorson says that for investors, "A coalition government isn't necessarily a bad thing." Bank of America Securities Senior IT Hardware Analyst Wamsi Mohan tells investors what they should be watching for from Apple's (AAPL) Worldwide Developers Conference next week. KeyBanc Capital Markets Equity Research Analyst Sophie Karp and eToro US Investment and Options Analyst Bret Kenwell discuss why the AI boom is good news for utilities. Yahoo Finance's Alexandra Canal breaks down Warner Bros. Discovery's (WBD) latest price hike for the ad-free tier of its streaming service Max and Rick Newman explains President Biden's executive action on immigration. For more expert insight and the latest market action, click here This post was written by Stephanie Mikulich.
Warner Bros. Discovery (WBD) will be raising prices for monthly Max subscriptions — the ad-free plan now costing $16.99 per month — while the annual ad-free plan balloons by $20 — now costing $169.99 per year. Yahoo Finance Entertainment Reporter Alexandra Canal breaks down the competitive streaming prices between Max and its biggest competitors. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.