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Business

Perfect Corp. Stock Plunge: A Value Trap or Hidden Opportunity?

Shares of Perfect Corp. (PERF) have tumbled over 33% in the past year, trading near $1.46. While recent performance has spooked investors, a deep dive into valuation metrics suggests the software company may be significantly undervalued. We examine the numbers and the narratives shaping this volatile stock.

Washington Post Announces Sweeping Restructuring, Cuts 300 Positions

The Washington Post informed staff of a major organizational overhaul on Wednesday, eliminating approximately 300 roles. The cuts include the dissolution of the standalone sports desk and the closure of the books section and flagship podcast, marking one of the most significant contractions in the newspaper's recent history.

Business

Fox Q2 Earnings: Sports Rights Costs Squeeze Profits Despite Revenue Growth

Fox Corporation reported a 2% rise in quarterly revenue to $5.18 billion, driven by distribution and advertising gains. However, shareholder net income fell sharply to $229 million, pressured by escalating costs for live sports programming rights—a strategic bet that is proving both a shield and a strain in a turbulent media landscape.