Author: Daniel snow

[ad_1] Amazon logo on a brick building exterior in San Francisco on Aug. 20, 2024.Smith Collection | Gado | Archive Photos | Getty ImagesAmazon is discontinuing its standalone free streaming TV service next month as it looks to consolidate its content offerings under Prime Video.The service, called Freevee, launched in 2019 underneath IMDb, the film and TV site Amazon bought in 1998. It offered a stable of free, ad-supported video, including original series and some Prime Video content, primarily through an app.The Freevee app will shut down in August, at which point users will be able to watch shows and…

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[ad_1] Bottles of Modelo beer are displayed on a shelf at a BevMo store on January 05, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesConstellation Brands’ beer sales fell 2% in its latest quarter as President Donald Trump’s deportations and consumers’ broader economic fears weighed on demand.In April, Constellation CEO Bill Newlands said that Hispanic consumers are spending less due to their concerns about Trump’s hardline immigration policy and possible job losses in industries with high Latino employment bases. During Wednesday’s earnings conference call, Newlands acknowledged that raids by U.S. Immigration and Customs Enforcement were making it difficult…

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[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: The S & P 500 was nicely higher on Wednesday, with the broad market index on pace for another record close. The session follows Tuesday’s vicious rotation out of momentum-based, year-to-date winners into more value-oriented laggards. The rotation looks mostly short-lived, although we are seeing some continued strength in some selected, unloved value stocks within our portfolio such as DuPont , Danaher , and Dover . Technology was…

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