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.
The Good Charcoal Company offers eco-friendly, chemical-free charcoal sourced from Namibian acacia wood, promoting sustainable grilling practices nationwide.
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As the DOJ potentially prepares to file criminal charges against Boeing, an industry expert breaks down what went wrong – and how it could make things right.
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
