The first stock pick recommended by Wall Street analysts is project management software provider Monday.com (MNDY). The company reported impressive second-quarter results and raised its full-year outlook, driven by strong demand from large customers. In fact, the number of paid customers with more than $100,000 in annual recurring revenue (ARR) increased by 49% to 1,009.
The federal minimum wage has remained unchanged at $7.25 per hour for the past 15 years, leaving many workers struggling to make ends meet. Democratic presidential nominee Kamala Harris has called for an increase in the minimum wage to support working families. However, despite some states enacting higher minimum hourly pay rates, 20 states still
The recent discovery by Gilead Sciences of a dangerous drug-counterfeiting operation involving its HIV medications has shed light on a disturbing trend in the pharmaceutical industry. The operation, allegedly orchestrated by Peter Khaim, a known medical fraudster, targeted patients in New York and New Jersey by tampering with and reselling counterfeit Gilead medications. This scheme,
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