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  • What to watch in  markets: Wednesday, May 9

    On the earnings side, results from 21st Century Fox, Mylan, Roku, and IAC/Interactive will be the highlights.

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  • The owner of MoviePass is crashing after saying it burns $21.7 million per month — but only has $15.5 million in cash
    Business
    Business Insider13 hours ago

    The owner of MoviePass is crashing after saying it burns $21.7 million per month — but only has $15.5 million in cash

    The company said it had $15.5 million of available cash and another $27.9 million on deposit. Shares of MoviePass' parent company, Helios & Matheson Analytics (HMNY), crashed more than 30% Tuesday after it released updated financials that paint a dire picture for the subscription cinema service. The new filing comes just as MoviePass recently implemented measures in April to help it reduce the rate at which its hemorrhaging cash. In late April, the company enhanced its technology to prevent subscribers from sharing accounts with non-subscribers, and stopped allowing subscribers to see a movie title more than once while using the service.

  • 7 Money-Making Stocks to Buy Now
    Finance
    InvestorPlace14 hours ago

    7 Money-Making Stocks to Buy Now

    The best advice for stock pickers right now: stay active and selective. Yes the markets may be choppy but, broadly speaking the economy remains strong, and there are still compelling investing opportunities out there if you know where to look. I recommend