Flutter Entertainment PLC said Wednesday that it was upgrading its 2022 guidance for U.S. revenue after strong growth in the country and that group revenue for the third-quarter rose 22%. Read more
Tag: leisure
Sports-betting measures Prop. 26, Prop. 27 on their way to losing big in California
Voters in California appeared to have soundly rejected dueling sports-betting initiatives, which together raised more than $400 million, on Tuesday. Proposition 26, put forth by many of the state’s Native Read more
Nintendo shares slump after outlook cut for Switch console sales
Nintendo Co. 7974, -6.78% shares fell sharply Wednesday morning after the Japanese videogame company lowered its fiscal-year forecast for Switch console sales amid a shortage of chips. The shares were Read more
Twitter ‘a valuable national asset, if it’s run well’ says AMC CEO
AMC Entertainment Holdings Inc. CEO Adam Aron described Twitter as “a valuable national asset, if it’s run well,” during the conference call to discuss his company’s third-quarter results late Tuesday. Read more
Sweetgreen stock wilts as results, outlook disappoint
Sweetgreen Inc. shares fell in the extended session Tuesday after the locally sourced restaurant chain missed Wall Street expectations for the quarter, and warned that revenue will be at or Read more
AMC stock tumbles after reporting 12th consecutive quarterly loss
AMC Entertainment Holdings Inc. reported its 12th consecutive quarterly loss and revenue that topped analysts’ estimates after market close on Tuesday, sending shares lower in after-hours trading. The movie-theater chain Read more
Affirm stock plunges toward record low after Peloton’s struggles weigh on forecast
Affirm Holdings Inc. shares plummeted Tuesday afternoon, after executives brought down their annual guidance for the buy-now-pay-later company amid troubles at one of its most important partners in recent years, Read more
Opinion: Quality and high dividends set these five semiconductor stocks apart from rivals
It’s been a tough year in the stock market, but reserve some empathy for semiconductor investors. The iShares Semiconductor ETF SOXX, +2.20% is down 40.5% this year, compared with 19.6% Read more
Lottery expert: Here are possible reasons for the Powerball problems
What went wrong with Powerball? It’s the question a lot of people have been asking after the results of Monday’s drawing, with a record $2 billion jackpot, were delayed by Read more
Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of Read more