Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to know no bounds, as we mark one year ago this month since the Nasdaq last closed at a record high. (To
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Climate activists protest against environmental pollution from aviation at Amsterdam’s Schiphol Airport, in Schiphol, Netherlands November 5, 2022. Piroschka Van De Wouw | Reuters Hundreds of climate activists swarmed a private jet section of Amsterdam’s Schiphol Airport on Saturday as part of a day of demonstrations in and around the airport. The activists stopped several
In this article FLTR-GB FOXA Follow your favorite stocksCREATE FREE ACCOUNT The FanDuel Inc. app. Andrew Harrer | Bloomberg | Getty Images Fox won the right to buy an 18.6% stake in sports betting company FanDuel Group from its parent company Flutter, but not at the valuation, according to a ruling Friday from a New
In this article RKLB Follow your favorite stocksCREATE FREE ACCOUNT Space company Rocket Lab called off its latest attempt at catching one of its Electron boosters with a helicopter, as the venture pursues reusability of its rockets. The company launched the “Catch Me If You Can” mission from its private facility in New Zealand on
In this article DKNG Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | LightRocket | Getty Images Shares of DraftKings closed down 28% on Friday after the sports betting company reported slower monthly customer growth in the third quarter that fell short of estimates. The company raised its revenue guidance for the year, however, after
Sean ‘Diddy’ Combs accepts the Lifetime Achievement Award onstage during the 2022 BET Awards at Microsoft Theater on June 26, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images Hip-hop mogul and businessman Sean “Diddy” Combs is venturing into the world of cannabis. Combs has agreed to acquire licensed cannabis operations
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Shonda Rhimes attends 2018 Vanity Fair Oscar Party on March 4, 2018 in Beverly Hills, CA. Presley Ann | Patrick McMullan | Getty Images Shonda Rhimes, the high-powered producer behind “Bridgerton” and “Inventing Anna,” is among a number of showrunners, creators and writers who have
Getty Images Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their money on trips. That is setting up the fiercest holiday season battle for consumers’ wallets since before the Covid pandemic, with persistent inflation already straining
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Warner Bros. Discovery logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery reported its third-quarter earnings on Thursday, missing analyst expectations, as it felt the effects of a tough
Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Getting shoppers to spend this holiday season won’t be easy. The National Retail Federation said Thursday that it expects holiday sales during November and December to rise between 6% and 8% from
In this article AAL UAL DAL LUV Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines are profitable again, and their pilots want
A real-scale head of Godzilla is displayed at the balcony of the commercial complex as a new Tokyo landmark during its unveiling at Kabukicho shopping and amusement district in Tokyo April 9, 2015. Issei Kato | Reuters The King of the Monsters still reigns in Japan — and most other places. Godzilla’s grasp on fans