“We expect our DTC operating losses to narrow going forward and that Disney+ will still achieve profitability in fiscal 2024,” said CEO Bob Chapek. Walt Disney (DIS) – Get Free Report posted weaker-than-expected fourth quarter earnings Read more…
A combination of frugality and interest in being less wasteful is shaking up a company’s approach to its products. Unless you’re a fashionista or a finance bro in $900 Ferragamos, shoe repair isn’t likely to Read more…
7investing CEO Simon Erickson discusses what the upcoming challenges for Intel will mean for investors in the stock market. Intel INTC has become one of the world’s most iconic businesses, yet it’s facing some upcoming storms Read more…
Shares of Robinhood, the brokerage, plummeted by 15% as FTX was acquired to save it from collapsing. Sam Bankman-Fried bought a 7.6% stake in May in Robinhood, a brokerage meant to attract Millennial investors who Read more…
Binance and FTX were two of the strongest companies coming out of a brutal summer for crypto, but now FTX is turning to Binance as it struggles with a “liquidity crunch.” The world’s largest exchange Read more…
Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health. The year 2022 is turning into hell for the crypto industry. The cryptocurrency market has lost over $2 Read more…
An estimated 31 million U.S. renters expect to vote in the mid-terms as incumbents brace for the worst You can’t blame U.S. renters for being agitated over the state of their housing experiences in 2022. Read more…
You still have time to say goodbye, but a major Sin City transaction is about to close that will bring a major change on the Strip. The Las Vegas Strip often has some very long Read more…
Lyft stock is falling by more than 20% after reporting earnings. Here’s the must-hold level it needs to stay above to avoid a fall to $10 (or lower). Lyft (LYFT) – Get Free Report stock is Read more…
Norwegian Cruise stock is trading higher on earnings. If it can maintain the gains, more upside could be in the cards. Norwegian Cruise Line (NCLH) – Get Free Report is up about 5.5% so far on Read more…