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Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.
Daniel Loeb’s Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.
“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.
Berkshire Hathaway revealed in a filing that it had accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.
The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.
Under the deal, Palo Alto Networks will become IBM’s “preferred cybersecurity partner.”
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