Dan Rayburn (left) and Phil Wiser at the Streaming Summit on Aril 14, 2024. (Media Play News staff photo) Thomas K. Arnold April 15, 2024 LAS VEGAS — Artificial intelligence (AI) is not a product or a service but, rather, a technology that is part of a larger platform, Streaming Summit chair Dan Rayburn noted …
Check out the companies making headlines in midday trading. Hormel Foods — Shares popped 13.3% after the food processing company beat fiscal first-quarter earnings and revenue expectations. It posted earnings of 41 cents per share, excluding items, on revenue of $3 billion. Analysts polled by FactSet had called for earnings of 34 cents per share …
Check out the companies making headlines before the bell. Snowflake — The cloud data company sank after posting disappointing product revenue guidance for the first quarter and announcing that CEO Frank Slootman is retiring. Snowflake said it expects product revenue to range between $745 million and $750 million in the current period, below the $759 …
Apple and Paramount Global are said to have been in talks to bundle their streaming services. A report has claimed that both the companies have talked about rolling out a combined Paramount+ and Apple TV+ subscription.Citing people familiar with the discussions, the Wall Street Journal said in a report that a combined subscription will effectively …