Business
Penn Entertainment and ESPN Forge Blockbuster Sports Betting Partnership, Propelling PENN Stock Surge
In a significant development that has sent shockwaves through the entertainment and sports industries, Penn Entertainment (PENN) experienced a substantial surge of up to...
Rivian Surpasses Expectations: Q2 Results Exceed Predictions and Propel Growth
Electric vehicle frontrunner Rivian has unveiled its second-quarter results, outpacing market predictions and setting a robust trajectory for its future endeavors. The company’s commendable performance...
Moody’s Downgrades Credit Ratings for US Banks Amid Looming Economic Uncertainties
Moody’s Downgrades Credit Ratings for US Banks Amid Looming Economic Uncertainties: Moody’s Investors Service made significant waves on Monday as it lowered the credit ratings...
Burger King Struggling to Increase Customer Visits Despite Sales Growth
Burger King Struggling to Increase Customer Visits Despite Sales Growth Burger King Struggling?- Burger King is making strides in its mission to revitalize its business,...
Lyft Surpasses Expectations in Q2 Earnings Report, Stock Soars
Ride-hailing leader Lyft exceeded investor expectations in its Q2 earnings report on Tuesday, sending its stock surging by 14% in after-hours trading. The company reported...
Robinhood Cooperates with New York Law Enforcement Investigation
Robinhood Cooperates with Law Enforcement Investigation *New York, NY -* Robinhood Markets Inc. has disclosed its collaboration with an ongoing investigation conducted by the New...
Markets Slips on Concerns
Markets Slips on Banks Health Wall Street Pulls Ahead After Unexpected Economic Data Stocks came under pressure Tuesday, but recovered from steeper early losses after...
US Oil Production Set to Surge in 2023
US oil production is projected to surge this year at a faster rate than previously anticipated, providing an extra influx of crude supplies to a...
Paramount Global Reports Strong Second Quarter Earnings Amid Streaming Rebound
Entertainment conglomerate Paramount Global (PARA) announced its second quarter earnings on Monday after the market close, surpassing expectations as the company rebounded from advertising challenges...
Beyond Meat Shares Tumble as Revenue Forecast Trimmed Amidst Rising Competition
Beyond Meat Inc., a leading plant-based meat producer, experienced a decline in its shares on Monday as it adjusted its full-year revenue forecast due to...