CrowdStrike, a cybersecurity software maker, recently experienced a significant setback as its shares slipped by 4% in extended trading following the announcement of its fiscal second-quarter results. Although the company reported impressive numbers, including earnings per share of $1.04 adjusted versus 97 cents expected and revenue of $963.9 million compared to $959 million expected, CrowdStrike
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Steph Curry, a legendary NBA player with four championships under his belt, is already looking towards the future beyond his playing career. During an interview on CNBC’s “Squawk on the Street,” Curry discussed his plans for life after basketball, including his thriving businesses and aspirations for NBA team ownership. At 36 years old, Curry has
Zilch, a British financial technology firm, achieved a major milestone by reporting its first-ever month of profit. The company, which operates in the buy now, pay later space alongside competitors like Klarna and Block, managed to reach profitability within four years of its founding. This accomplishment is particularly noteworthy considering that other major consumer fintechs
Hangzhou, the capital of the eastern Zhejiang province, has emerged as a frontrunner in China’s tech industry, being home to tech giants like Alibaba. This year, Hangzhou secured the top spot in the Milken Institute’s best performing cities China index. The city’s success can be attributed to its growth as a hub for e-commerce, manufacturing,
Sports team owners are not only faced with the pressure of managing their teams but also with the challenges of planning for the future in terms of succession and taxes. As the average age of team owners increases and team values reach astronomical levels, owners are grappling with the question of how to ensure a
In recent market activity, Nvidia experienced a significant decline in market value, losing $279 billion in just one day. This drastic drop marks the fifth time that Nvidia has seen such a substantial loss, with a 9.5% decrease in stock price. While the stock has shown resilience, being up 118% in 2024, the recent antitrust
Sports betting in the U.S. has reached new heights with the NFL season underway. Projections from the American Gaming Association suggest that U.S. adults will wager a staggering $35 billion this season. This marks a significant increase of more than 30% from last year’s $26.7 billion in wagers. As the legalization of sports betting expands
Ulta Beauty shares took a significant hit in extended trading following the release of their second-quarter results, which fell short of expectations. The company reported a decline in comparable store sales, marking their first EPS miss since May 2020 and their first revenue miss since December 2020. The decline in same-store sales was a staggering
Young adults entering the labor market are facing numerous challenges that are impacting their ability to secure employment and further their education. With the rise of what is known as “disconnected youth” or NEETs, it is evident that a significant portion of the younger population is not engaged in meaningful activities. This article will delve
In a historic milestone, Warren Buffett’s Berkshire Hathaway has become the first non-technology company in the U.S. to reach a market capitalization of $1 trillion. This achievement comes amidst a year of impressive performance, with the conglomerate’s shares soaring over 28% in 2024, outperforming the S&P 500’s gain of 18%. The $1 trillion mark was