Warner Bros. Discovery (WBD): Shares fell 2% in extended trading after the company’s revenue and subscriber growth fell short. Sales for the quarter totaled $9.82 billion, weighed down by a slowdown in advertising. WBD swung to a loss of $2.31 billion, compared to net income of $156 million a year ago.
HBO, HBOMax and Discovery+ added 2.8 million subscribers during the quarter, missing the street’s estimates despite the success of its “Game of Thrones” spinoff.
Starbucks (SBUX): The…
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