Text size Amazon.com’s share price is likely to go from nearly $3,000 to less than $150 as a result of the split. Chris Ratcliffe/Bloomberg Amazon . com announced a stock split just over a month...
Tag: hospitality
Grab Stock Rebounds From Slump After Losses Widened
Text size A Grab Food delivery rider. Lauryn Ishak/Bloomberg Shares of Grab Holdings rebounded Friday following a slump after the Singapore-based ride-sharing and food delivery company reported a wide...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
IHG’s Avid Hotel Brand Reaches Milestone With 50th Property Opening
Karen Gilbride, vice president of avid hotels and Atwell Suites, shares an update as the brand … [+] reaches its 50th hotel opening. IHG As IHG’s fastest-growing, new-build brand and second fast...
DraftKings Could Face Margin Headwinds This Year. Analysts Slash Their Targets.
Text size DraftKings is predicting Ebitda losses between $825 million and $925 million. Scott Eisen/Getty Images for DraftKings Shares of DraftKings were rising on Tuesday, even after analysts cut the...
DraftKings Earnings Beats Estimates. Why the Stock Is Tumbling.
Text size Courtesy of DraftKings DraftKings stock has tumbled 15% Friday despite the sports-betting company beating earnings estimates in the fourth quarter. The company raised its revenue guidance fo...
DraftKings Reports Earnings Friday. Investors Want to See a Path to Profits.
Text size The DraftKings Sportsbook at the Brook in Seabrook, N.H. Scott Eisen/Getty Images for DraftKings Show us the money. DraftKings shares (ticker: DKNG) have fallen more than 60% since Labor Day...
As Hospitality Recovers, Check Into Airbnb
This illustration picture taken in Paris on August 29, 2018, a toy umbella and a figurine on coins … [+] next to the logo of rental website Airbnb. (Photo by JOEL SAGET / AFP) (Photo credit shou...
Disney Reports Today. Here’s What to Expect.
The Disney+ logo. Subscribership growth will be a critical element of the results. Gabby Jones/Bloomberg Text size Walt Disney ‘s results on Wednesday will be a chance for the company to show it can d...
Where Six Meme Stock Investors Are Now
Some regret their exuberance. Others value the lessons they learned. Still others are convinced big profits lie ahead. Months after interviewing them in 2021, we checked back in with some of the inves...
Odell Beckham Jr. took his $750K salary in bitcoin — how much did it cost him?
Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin. The problem for Beckham: that bitcoin BTCUSD, -0.41...
12 dividend stocks paying at least 3.5% that are well-suited for high inflation
Investors may have turned for a moment from Russia’s aggression in Ukraine to energy and supply shortages in the U.S. that are producing high inflation. With purchasing power crumbling, patient invest...