Sports-Betting Stocks Drop as Illinois Senate Passes Budget Raising Tax Scale
Key Takeaways Shares of sports-betting companies like DraftKings and FanDuel parent Flutter Entertainment are falling …
What You Need To Know Ahead of Salesforce’s Earnings Report
Key Takeaways Salesforce is set to release its first-quarter earnings report for fiscal 2025 after …
US Cellular Surges as T-Mobile To Pay $4.4B for Most of Carrier’s Operations
Key Takeaways T-Mobile announced an agreement Tuesday to acquire most of U.S. Cellular’s wireless operations …
Deckers Outdoor Jumps on Uggs and Hoka Demand
Key Takeaways The S&P 500 added 0.7% on Friday, May 24, 2024, closing out a …
Nvidia’s Market Cap Gained $338B This Week—That’s Larger Than the GDPs of Most Countries
Key Takeaways Nvidia shares soared after the AI chipmaker reported yet another quarter of staggering …
Soaring Sales of Hoka and Ugg Shoes Send Deckers Stock to a Record High
Key Takeaways Deckers Outdoor reported fiscal 2024 fourth-quarter sales and profit that surpassed analysts’ estimates. …
Strong Economic Data is Making Interest Rate-Cut Timing Harder to Predict
Key Takeaways Federal Reserve officials increasingly have said in recent weeks they will rely on …
Meta, T-Mobile and Disney Boosted US Dividend Growth in First Quarter
7% That’s how much dividend payouts by U.S. companies grew in the first quarter of …
Nvidia Supplier TSMC Says Semiconductor Industry Sales Could Grow 10% Amid AI Boom
Key Takeaways Nvidia and Apple supplier TSMC said it anticipates annual revenue growth of 10% …
Snowflake Misses Earnings and Operating Margin Guidance; Shares Drop
Key Takeaways Cloud storage provider Snowflake missed first-quarter profit expectations and scaled back its full-year …