E*TRADE Generation Trader - Studios That Won Big at Oscars
In this episode of Generation Trader, Cheddar Anchors Brad Smith and Hope King look at which movie studios came out on top at the 90th annual Academy Awards.
Fox Searchlight's "Shape of Water" earned Oscars for production design, original score, best director, and best picture. The hit movie has generated more than $57 million at the box office in the U.S., becoming the highest-grossing best picture winner in five years. Shares of 21st Century Fox, the studio's owner, are relatively flat over the past month but up about one percent Monday.
Fox Searchlight is one of the assets Disney is looking to acquire from 21st Century Fox in a $66 billion deal still pending regulatory approval.
Warner Brothers won five Oscars in total for its hits "Dunkirk" and "Blade Runner 2049." Shares of its parent company, Time Warner, are down about 3 percent over the past month.
Netflix won its first feature film Oscar for its documentary "Icarus." This comes amid news that the streaming service plans to create 700 original shows and movies this year, with a budget of $8 billion for original content. Netflix is having a strong month in the market.
Astronauts will have to wait until next year before flying to the moon and another few years before landing on it. NASA on Tuesday announced the latest round of delays in its Artemis moon-landing program.
The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors. The labor department rule going into effect Tuesday replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors
The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.
Dave Long, CEO and Co-Founder of Orangetheory Fitness joins Cheddar to chat trends in the industry for 2024. He updates us on the company's plans to expand and what the state of the economy has meant for business.
One of the world's largest renewable energy developers will be getting hundreds of wind turbines from General Electric spinoff GE Vernova as part of a record equipment order and long-term service deal.
A moon landing attempt by a private US company appears doomed because of a fuel leak on the newly launched spacecraft. Astrobotic Technology managed to orient the lander toward the sun Monday so its solar panel could capture sunlight and charge its onboard battery.
Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database that collects ownership information intended to help unmask shell company owners. Yellen says the database will send the message that “the United States is not a haven for dirty money.”
A new version of the federal student aid application known as the FAFSA is available for the 2024-2025 school year, but only on a limited basis as the U.S. Department of Education works on a redesign meant to make it easier to apply.
