Flutter’s recent second-quarter earnings report has left investors impressed, with shares soaring by 8% following the announcement. The company’s FanDuel betting platform has been a significant contributor to this success, capturing market share and achieving substantial revenue growth even in states with well-established sports betting and online gaming markets. One of the most notable aspects
SpaceX is gearing up for an extraordinary mission at the end of the month, as they prepare for the Polaris Dawn mission. This mission, purchased by billionaire Jared Isaacman for his Polaris Program, marks the first of three flights acquired from SpaceX in 2022. The launch is scheduled for the early hours of Aug. 26
In response to a lawsuit brought by Fubo TV, a U.S. judge temporarily blocked media giants Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu. This move has halted the planned launch of the service just weeks before the National Football League season kicks off. Fubo TV, a player in the
Byron Allen, the media mogul with grand aspirations of acquiring various media assets for billions of dollars, is facing a significant challenge within his own media empire. Reports have surfaced revealing that broadcast stations owned by Allen Media Group, covering markets in more than 20 cities, have been consistently late on payments to network owners
Zeekr, a Chinese electric car brand, recently unveiled its latest innovation in the form of new batteries that claim to offer the fastest charge in the world. Addressing long-standing concerns of consumers regarding battery driving range and ease of charging, Zeekr’s new batteries are set to revolutionize the electric car industry. According to Zeekr, these
The collaboration between Ryan Reynolds, Hugh Jackman, and Shawn Levy in “Deadpool & Wolverine” has proven to be a massive success, breaking records as the highest-grossing R-rated film of all time. With a staggering $1.085 billion in global ticket sales, the film has surpassed even Warner Bros.’ “Joker,” demonstrating the enduring appeal of the Marvel
Tencent has exceeded expectations in the second quarter, showcasing impressive growth in its key gaming division. Revenue came in at 161.12 billion Chinese yuan, surpassing the expected 160.77 billion yuan. Moreover, profit attributable to equity holders of the company reached 47.63 billion Chinese yuan, outperforming the anticipated 39.95 billion yuan. Following a challenging period of
Vice President Kamala Harris recently unveiled an economic plan that includes an expanded child tax credit worth up to $6,000 in total tax relief for families with newborn children. This plan is aimed at restoring the higher child tax credit enacted through the American Rescue Plan in 2021. The proposed tax break would provide $6,000
United Auto Workers President Shawn Fain recently released a video accusing Stellantis CEO Carlos Tavares of price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker. While criticism of corporate executives is not uncommon, especially in the auto industry, it is essential to analyze the validity and implications of
Palo Alto Networks has experienced significant growth in the lead-up to its fourth-quarter earnings report, with the stock rising by nearly 17% since August 5th. This outperformed the S&P 500, which saw a gain of roughly 7% during the same period. The surge in stock price reflects heightened investor expectations for the cybersecurity company. As