Investors are still trying to come to grips with that double whammy of nosebleed consumer prices and 100-basis-point increase talk from St. Louis Federal Reserve President James Bullard. Read: Oil is ...
Tag: Leisure
Zynga reports record results, stock mostly unmoved after hours pending acquisition by Take-Two
Zynga Inc. reported record results in the extended session Wednesday with a slight bottom-line miss, but shares of the videogame publisher were flat after hours given its pending acquisition by Take-T...
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...
Peloton stock continues rally as company replaces John Foley as CEO
Peloton Interactive Inc.’s newly announced chief executive will face a lowered bar as the maker of exercise equipment once again cut its full-year forecast in the face of slowing demand. Tuesday marke...
Apple, Not Amazon, Should Buy Peloton. One Analyst Explains Why.
Text size (Photo by Michael Loccisano/Getty Images) It’s been reported that Amazon.com and Nike are weighing bids for Peloton Interactive . One analyst said he’s be surprised if Apple also wasn’t in t...
Unity Software Stock Rises as 2022 Revenue Forecast Tops Estimates
Text size Dreamstime Unity Software stock traded higher Friday after the fourth-quarter adjusted loss at the videogame developer tools maker was narrower than Wall Street expected and the company issu...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
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...
Opinion: Peloton’s stock price is disconnected from reality, and it will fall below $15 before hitting bottom
We have been recommending that investors short Peloton since October 2020. Even after falling 76% in 2021 and continuing to drop this month, Peloton’s valuation remains disconnected from the reality o...
Peloton’s stock skids, following report it will pause production of bikes, treadmills
Shares of Peloton Interactive PTON, -17.24% were sinking Thursday afternoon, trading below where it first listed, after a report said the exercise-equipment maker was temporarily pausing production of...
Microsoft could have just kicked off a Big Tech gold rush, which helps videogame stocks but maybe not gamers
Microsoft Corp.’s agreement to buy Activision Blizzard Inc. would be the largest tech acquisition ever, and the chance it could prompt other Big Tech names to make their own acquisitions sent videogam...
AMC CEO Says He’s Done Selling Stock After Unloading Another $7 Million
Text size AMC CEO Adam Aron. Alberto E. Rodriguez/Getty Images for CinemaCon AMC Entertainment Chief Executive Adam Aron sold another $7.1 million shares of the movie theater giant this week, and said...
6 Stocks for a 2022 of Higher Interest Rates and Slower Earnings Growth
Don’t let inflation fears dominate your investment thoughts. Save time to worry about earnings growth, too. Below, some statistical bellyaching and portfolio defeatism, plus one Wall Street bank’s top...