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Bank of America’s CEO characterized the recent collapse of AI hedge fund Situational Awareness as a cautionary sign about elevated valuations and excessive leverage in financial markets.
Disney is exploring a free, ad-supported streaming option to reach price-conscious consumers and has sold out Super Bowl ad inventory at $9 million per 30-second spot.
Disney’s theme parks and experiences division posted record quarterly revenue of nearly $10 billion, up 10% year-over-year, defying a broader slowdown in international travel to the U.S.
E.l.f. Beauty received approximately $50 million in tariff refunds during its fiscal first quarter, driving net income growth of about 100% and gross margin expansion of 14 percentage points year-over-year.
Grindr reported second-quarter revenue of $138 million, up 33% year-over-year, as its AI strategy drives both new premium subscription tiers and internal engineering productivity gains.
fuboTV reported strong subscriber growth supported by major sports events including the NBA Finals and World Cup, while advertising monetization improved significantly after migrating to Disney Ad Server.
