Browsing: Billion

Filtered By: Money Money Published August 20, 2026 10:55pm + Add GMA on GoogleMake this your preferred

The latest Spider-Man film, starring Tom Holland as Peter Parker, has surpassed $2 billion at the global box office after three weekends in theaters.

(Bloomberg) — Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader’s pivot to AI.

MSG Entertainment reported strong FY26 results with revenue up 13% to $1.1 billion and adjusted operating income rising 18% to $262.2 million. The performance was driven by high attendance at nearly 960 events, including the Knicks’ championship season and record-breaking Christmas Spectacular shows. The company also announced progress on the Penn Station redevelopment, agreeing to…

Cvent has announced a $1 billion investment in AI-driven product development aimed at creating a cohesive platform for event and meeting management. The initiative seeks to streamline the current fragmented event technology stack. With a focus on AI, Cvent plans to introduce an integrated platform that simplifies and enhances the organization of events.

Sony Pictures Entertainment reported a revenue decline for the quarter ended June 30, 2026. Sales fell 13% year over year to $1.978 billion. Operating income rose 21% to $156 million.

Roblox (RBLX) reported second-quarter 2026 revenue of $1.469 billion, up 36% year over year. Consolidated net loss was $185 million, compared with $280 million in Q2 2025, and net loss per share attributable to common stockholders was $0.26, basic and diluted.

Abha has spent years being known for fog, cool air, and mountain views that don’t look like the rest of Saudi Arabia. Come August 5, it’s adding something new to that reputation: the country’s first completed SEVEN entertainment destination, and honestly, it’s a fairly big deal for a city more associated with hiking trails than…

Microsoft has released its recent financial report, indicating a 7% drop in Xbox revenue over the fiscal year and a 10% decrease during the fourth quarter. Although Game Pass experienced growth, console sales declines led to a 29% reduction in hardware revenue.

NIGC reports record $46.2 billion tribal gross gaming revenue in FY2025 | Yogonet International Up 5.3% from previous year