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  • Jan 17, 2025

IMAX Secures Netflix Deal for Exclusive 'Narnia' Theatrical Release, Stock Jumps

On Friday, IMAX Corp (NYSE:IMAX) announced that it has agreed with Netflix, Inc (NASDAQ:NFLX) to debut Oscar-nominated director Greta Gerwig’s forthcoming film “Narnia” exclusively across the IMAX global theater network with a two-week run beginning Thanksgiving 2026. It will premiere on Netflix at Christmas 2026, after months of negotiation between the companies, according to the Variety’s report. IMAX stock gained after the update. Also Read: Wipro Q3 Earnings: 24.5% Profit Jump, IT Services M

  • Jan 17, 2025

SLB boosts dividend and buybacks, but warns of oil oversupply

Oilfield company SLB raised its quarterly dividend and accelerated share repurchases on Friday as its fourth-quarter profit beat expectations, while also warning of flat 2025 revenue due to an oil oversupply. The world's largest oilfield services company increased its quarterly dividend by 3.6%, and said it would buy back $2.3 billion of shares at an "accelerated" pace. First-quarter and full-year revenue would largely be unchanged from the same periods last year, as excess oil supply limits oilfield activity, the company said.

  • Jan 17, 2025

Stalled-Out Tech Stocks Leave ‘Other 493’ to Drive Market Gains

(Bloomberg) -- Some less-loved sectors of US equities are taking the lead in driving the market higher to start 2025, as lofty valuations and slowing profit growth dull the appeal of the technology giants that fueled much of last year’s strength.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Get

  • Jan 17, 2025

US Listed Chinese Stocks Rally As China's GDP Growth Data Fuels Optimism

U.S.-listed Chinese stocks including Alibaba Group Holding (NYSE:BABA), Baidu, Inc (NASDAQ:BIDU), JD.com, Inc (NASDAQ: JD), PDD Holdings Inc (NASDAQ: PDD), NIO Inc (NYSE: NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV) gained on Friday in sympathy with acceleration of China’s economic activity beating expectations for the last quarter of 2024 as stimulus measures kicked in. China’s gross domestic product expanded by 5.4% in the fourth quarter, beating Reuters estimates of 5.0% growth, C

  • Jan 17, 2025

Treasury Futures Traders Shake Up Positioning on Fed Cut Bets

(Bloomberg) -- Futures traders are shaking up their bets in the Treasury market after benign inflation data and dovish comments from a Federal Reserve official.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting HarderWill Americans Ever Lose Their Taste for Telework?Changes over the past two

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