Category: News
Software stocks just passed a big milestone
Software stocks have rebounded from the sharp decline triggered earlier this year by concerns over...
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Victoria’s Secret shares spike 40% after big earnings beat, raised sales outlook
Victoria’s Secret shares surged over 40% in after-hours trading Thursday after the lingerie...
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Barry Diller’s People offers to buy casino giant MGM Resorts for $48.30 per share
Barry Diller’s People Inc. has made a takeover bid for MGM Resorts International, offering...
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Gaming association says states have lost $1 billion in tax revenue due to prediction markets
The American Gaming Association (AGA) has warned that U.S. states are missing out on significant...
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Software stocks are crashing up. Here are the winners
Software stocks have surged from a recovery phase into a full-blown bull market, with traders...
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Disney’s ABC files early broadcast licenses renewal ‘under protest’ against the FCC
Disney has submitted renewal applications for eight of its broadcast station licenses under...
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Warren Buffett teased to CNBC a ‘tiny purchase’ in March. Berkshire filing may have revealed it
In a recent CNBC interview, Warren Buffett hinted that Berkshire Hathaway had executed a...
Read MoreTrump administration says new EPA rules will save you money at the supermarket. It’s not clear they will
The Trump administration has announced a delay in implementing Environmental Protection Agency (EPA) rules on refrigerants that were established under the Biden administration. Officials claim this postponement will reduce costs...
Read MoreEgg prices are plunging due to oversupply — and producers say margins are taking a hit as costs rise
Egg prices have dropped sharply due to a supply glut following the resolution of avian flu outbreaks that had previously constrained production. Producers, however, report that margins are under pressure as costs for feed, fuel,...
Read MoreWhat the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
The proposed merger between AvalonBay Communities and Equity Residential is set to reshape the U.S. apartment industry, creating one of the nation’s largest real estate firms with a combined portfolio exceeding 180,000...
Read MoreBeer demand stumbles as gas prices surge, data shows
Recent data indicates a downturn in U.S. beer sales, attributed to rising gasoline prices that are squeezing consumer budgets. The impact is particularly pronounced in convenience stores and states where fuel costs are higher,...
Read MoreVersant stock jumps 10% after company’s Q1 report shows bright spots in licensing, platforms
Versant, the portfolio of TV networks spun off from Comcast, saw its shares surge 10% following the release of its first-quarter earnings report as an independent entity. The results revealed promising developments in licensing...
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