Diamonds and Dogs
9/12/24
Warner Brothers Discovery (WBD) finally having a good day up 9% after Charter Communications announce multi-year distribution partnership. Warner Brothers is also looking to add 6 million subs for the quarter and revenue growth driven by real subscriber growth in the second half. They also expect earnings guidance to exceed $1 billion in EBIT next year.
Fortinet (FTNT) is having a tough day. The cyber security company and stock had to admit they suffered a data breach. Ouch.
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