Cryptocurrencies
AMC credit upgrade comes with a catch
AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with Read more…
Cryptocurrencies
JetBlue’s earnings beat hides $407 million warning
JetBlue beat earnings estimates and projected a 2028 profit goal, but the airline’s debt, rising fuel costs, and negative margins still threaten JBLU investors. JetBlue Airways (JBLU) gave investors something the troubled airline has rarely Read more…
Cryptocurrencies
Cathie Wood buys $14.3 million of tumbling semiconductor stock
Cathie Wood, chief of Ark Investment Management, often buys her highest-conviction stocks during sharp pullbacks. That’s exactly what she’s doing with Nvidia (NVDA), adding more shares after the semiconductor giant fell more than 6% over Read more…
Cryptocurrencies
Walmart’s stock buybacks: How its massive new repurchase program could affect shareholder returns
In his autobiography, Sam Walton: Made In America, Walmart (WMT) founder Sam Walton said that “the more you share profits with your associates — whether it’s in salaries or incentives or bonuses or stock discounts Read more…
Cryptocurrencies
BYD just joined the fight over humanoid robots
Every technology that eventually reshaped ordinary life spent its first years working as a salesman. Sewing machines toured county fairs. Televisions sat in appliance store windows so crowds could gather on the sidewalk. The personal Read more…
Cryptocurrencies
FIFA World Cup plan leads to boycotts from 55 partners
FIFA gave its 211 member organizations until mid-September to consider its proposal to “unleash the commercial potential and opportunity” of its flagship tournament by selling stakes in the World Cup to interested investors. But apparently, Read more…
Cryptocurrencies
Giant satellite internet company prepares Chapter 11 bankruptcy
A massive loss of satellite internet subscribers over the last six years has caught up with EchoStar’s Hughes Network Systems, forcing the company to restructure its huge debt obligations, which could lead the company to Read more…
Cryptocurrencies
The AI secret behind Qualcomm’s price hike
Anyone who has shopped for a new phone, laptop, or VR headset this summer probably noticed something odd. The usual discount that comes with an aging model never showed up. Prices held steady, and in Read more…
Cryptocurrencies
Pepsi discontinued a product Coca-Cola still offers
Coca-Cola’s glass bottle has become one of the most recognizable pieces of packaging in history. PepsiCo has spent decades trying to create a similar connection with consumers. “Every consumer goods company wants to find a Read more…