March Madness drags down first-quarter results
Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA’s college basketball tournament weighed on overall first-quarter results for FanDuel’s parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed […]
Saudi fund deepens investment in women’s professional golf
PIF will become the title sponsor of revamped golf series. Severn Images Saudi Arabia is deepening its investment in women’s professional golf. The Public Investment Fund, the sovereign wealth fund of Saudi Arabia, announced on Wednesday that it will become the title partner of five events that will take place on the the Ladies European […]
Why Nvidia investors are cheering Trump’s likely dismantling of Biden’s AI chip rules
The policy change could make it easier for AI chip companies to sell into the Middle East.
Carvana (CVNA) earnings Q1 2025
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Carvana CEO and co-founder Ernie […]
AMC’s revenue slides amid weakest first-quarter box office since 1996
Movie-theater chain and original meme stock AMC Entertainment Holdings Inc. beat Wall Street’s revenue expectations in its first-quarter earnings results Wednesday, despite a weak box-office environment in the first three months of the year.
Netflix adds OpenAI-powered search tool to revamped homepage and app
Netflix launching an innovative new TV experience featuring enhanced design, responsive recommendations and a new way to search. Courtesy: Netflix Netflix unveiled a redesigned homepage experience on Wednesday with the aim of making searching for shows and movies easier for its members. The user experience revamp goes beyond the TV screen. Netflix is also making […]
I’m 65 and a widow with 5 children. Should I give them my $1.1 million investment account while I’m still alive?
“I receive part of my late husband’s government annuity, which is enough for me to live off.”
Used vehicle prices jump to highest level since 2023 amid auto tariffs
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — A closely watched barometer for used vehicle pricing jumped last month to its highest level since October 2023 as consumers rushed purchases amid fears of price hikes due […]
Disney Abu Dhabi theme park and resort coming
A rendering of Disney’s new theme park on Yas Island in Abu Dhabi. Disney A new Disney theme park is coming to Abu Dhabi. The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab […]
Legendary investor Bill Miller on why the worst is over for stocks, Amazon’s a buy and Tesla isn’t
Famed investor Bill Miller on why he thinks the market has seen its worst, and the stocks he’s betting on now.
