Recorded at many gold stores in Hanoi and Ho Chi Minh City on the afternoon of May 7, the number of customers coming to buy gold suddenly increased. (Photo: Nhat Quang).
A gold store in Ho Chi Minh City has announced that “each customer can only buy 3 rings per day”, and at the same time, they must include a citizen ID card. (Photo: Nhat Quang).
Customers buying gold today must write down a ticket, fill in the quantity they want to buy and wait for their name to be called (Photo: Nhat Quang).
According to a reporter at an SJC store in Ho Chi Minh City, the number of customers coming this afternoon was mainly to buy gold, with only a few customers coming to sell. (Photo: Nhat Quang).
In Hanoi, reporter Dan Tri We also recorded scenes of waiting and queuing to buy gold in the early afternoon of May 7 in some large gold stores. Photo taken inside a gold store in Cau Giay district, Hanoi city (Photo: Ong Thuy Duong).
Share with reporters Dan Tri, Ms. D. (in Cau Giay, Hanoi) said she had waited 30 minutes before her turn came. She planned to buy 1 gold bar, but she could only buy a maximum of 5, so she had to accept it because she had to go to the store. (Photo: Van Hung).
Customers’ vehicles lined up on the sidewalk when coming to make transactions at a gold store on Cau Giay street (Photo: Ong Thuy Duong).
Similarly, it was recorded that at 2:00 p.m. on May 7, some gold shops on Tran Nhan Tong street were also crowded with people coming to transact. According to the survey, gold bars and rings are still traded normally, but gold rings are limited by stores to no more than 5 taels (Photo: Phuong Lien).
Guests must present identification and can buy a maximum of 3 coins
Warner Bros. Discovery’s Optimism for NBA Deal Shines Through Earnings Miss Amid Linear TV Challenges
Warner Bros. Discovery’s Optimism Amid NBA Media Rights Concerns
Warner Bros. Discovery, known by its stock symbol WBD, expressed optimism about securing a deal with the NBA despite facing potential competition from NBCUniversal (CMCSA). CEO David Zaslav highlighted the company’s longstanding partnership with the NBA and ongoing discussions to reach a mutually beneficial agreement.
Financial Performance and Market Response
During the first quarter earnings call, Zaslav emphasized the company's readiness to match third-party offers and navigate various outcomes. However, the company reported lower-than-expected revenue of $9.96 billion, a 7% decline from the previous year. This led to a more than 3% drop in the company's stock value during premarket trading.
Challenges and Opportunities
Warner Bros. Discovery, like other traditional media firms, faced challenges in the advertising landscape, with a notable 11% decrease in network advertising revenue. Despite this, the company's direct-to-consumer streaming business showed promise, adding 2 million Max subscribers in the quarter.
Strategic Partnerships and Future Outlook
The company's collaboration with Disney and Fox in the sports streaming space, along with the expansion of its Max service to international markets, indicates a strategic shift towards digital offerings. Additionally, the upcoming bundle of Disney+, Hulu, and Max services in the US reflects a concerted effort to enhance consumer offerings.
Cost-Cutting Measures and Growth Projections
Amid reports of further cost reductions and potential layoffs, Warner Bros. Discovery remains focused on achieving profitability in its streaming segment. CFO Gunnar Wiedenfels reiterated confidence in the company's path to reaching a $1 billion-plus EBITDA target by 2025.
Analyst Insights and Industry Trends
Analysts have highlighted positive developments for Warner Bros. Discovery, including the company's sports streaming initiatives and recent market expansions. The company's ability to adapt to changing consumer preferences and industry dynamics will be crucial for its long-term growth.
About the Author
Alexandra Canal is a Senior Reporter at Yahoo Finance. Connect with her on Twitter and LinkedIn, or reach out via email at [email protected].
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