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.
Tech stocks are rallying on strong earnings and massive AI investment. Investors are watching Nvidia & hyperscaler spending for clues on how long it will last.
Sean Klitzner, showrunner and co-creator of Beast Games, previews the Feb. 25 finale packed with bigger stunts, wild twists, and the highest stakes yet.
Bob Sallmann, CFO of McGraw Hill, breaks down the quarter’s standout performance, digital expansion, and how AI tools are driving education innovation.
Daniel Desrochers, International Trade Reporter at POLITICO, joins us to break down the ruling, the billions at stake, and what it means for consumers.
