Media and Entertainment

Foot Locker Stock Gains on Rating Upgrade

Foot Locker's stock is up after a rating upgrade. With a better product mix and an earnings report approaching, the future looks interesting.

Drake Files Lawsuit Against UMG and Spotify

Drake's Frozen Moments LLC has filed a lawsuit against UMG and Spotify, alleging deceptive practices in promoting Kendrick Lamar's diss track, raising industry concerns.

Macy's Discovers $154 Million Accounting Error

Macy's uncovers a $154 million accounting error, delaying its financial results and raising concerns about sales performance and investor trust.

TMTG Pursues Acquisition of Bakkt

TMTG's acquisition of Bakkt signals growth potential, highlighting trends in the crypto market.

Sea Ltd Reports Strong Q3 Growth

Sea Limited's Q3 2024 results reveal impressive revenue growth and a return to profitability, driven by strong performance in e-commerce and digital services.

DraftKings Lowers 2024 Revenue Outlook

DraftKings revised its 2024 revenue and profit forecasts downward, impacting shares following a slight miss in third-quarter earnings.

Airbnb Reports Mixed Earnings Results

Airbnb's recent earnings reveal mixed results, with strong revenue growth but declining net income, signaling important insights for retail investors.

Duolingo Boosts Growth Outlook for 2024

Duolingo's strong growth outlook, driven by innovative features and international expansion, showcases an AI success story.

Apple Adjusts Sales Outlook Amid Challenges

Apple anticipates modest sales growth as it faces challenges in China, underperforming services, and regulatory pressures, while exploring AI-driven innovations.

Impressive Growth in Microsoft Revenue

Microsoft's strong revenue growth and strategic AI investments highlight its potential for future success, even as it faces short-term challenges.

Darden Reports First-Quarter Earnings Shortfall

Darden's Q1 earnings missed estimates, yet analysts maintain optimistic projections, driven by Olive Garden's performance and upcoming delivery expansions.

GameStop Faces Continued Sales Decline

GameStop's sales continue to decline while it posts a profit. CEO aims for profitability by cutting stores. Retail investors should monitor developments closely.

Warner Bros Discovery to Invest $8.5 Billion in Vegas Studio

Warner Bros Discovery's $8.5B investment in a Vegas studio, partnered with UNLV, sets stage for industry shifts, appealing to retail investors.

Court Blocks Venu Sports Launch Amid Competition Concerns

Federal judge blocks Venu Sports launch due to competition concerns, impacting stock prices and reshaping the sports streaming industry.

Netflix Explores Investment-Grade Bond Sale

Dive into Netflix's financial moves: bond sale, credit upgrades, and market impact, shaping the streaming landscape for retail investors.