Alibaba’s new Qwen VLo AI model enables real-time text-to-image editing as the company ramps up efforts to rival global AI leaders and deepen its push into generative technology.
BofA analyst maintains Buy rating on Walt Disney with $140 price forecast. Expects improved performance in Experiences segment and positive outlook for fiscal 2025.
Lindblad Expeditions delivered results in the first quarter that surpassed Wall Street’s expectations, with the market responding positively to the company’s strong performance. Management attributed the outperformance to a combination of higher occupancy, dynamic pricing strategies, and early benefits from its partnership with Disney. CEO Natalya Leahy highlighted, “Occupancy increased 14 points to 89% compared to 76% in the prior year,” adding that new demand-generation initiatives and expanded audience reach contributed meaningfully to the quarter. Importantly, the company also saw the highest quarterly net yield in its history, driven by effective revenue management and operational execution.
Mattel’s first quarter results were met with a positive market reaction as the company outperformed Wall Street’s revenue and adjusted EPS expectations. Management pointed to broad-based category growth, especially in action figures, vehicles, dolls, and games. CEO Ynon Kreiz emphasized that gross margin expansion was supported by cost-saving initiatives and lower inventory management costs. Kreiz added, “Our business grew across most categories and geographies,” highlighting standout performances from brands like Hot Wheels and Disney Princess. Operational improvements and a diversified supply chain also contributed to stable margins, even as macroeconomic volatility persisted.
Meta won a lawsuit over its use of copyrighted books to train AI models, with a judge ruling the practice falls under fair use, marking a significant legal victory for the company.
Jim Cramer recommends MP Materials Corp (MP) and Jabil Inc (JBL) due to strong financial performance and positive analyst outlook. Six Flags Entertainment (FUN) and BWX Technologies (BWXT) have underperformed and face challenges.
According to a former Netflix Inc. (NASDAQ: NFLX) executive, the company is now aiming for something bigger, which goes beyond the purview of legacy streaming.
Earlier this week, Amazon announced a similar deal with Roku, with the integration aimed at giving advertisers access to 80 million U.S. ConnectedTV households in the U.S. exclusively through Amazon DSP.
