Publication

Byline

Meta's Free Cash Flow Collapsed to $784 Million as AI Spending Consumed the Quarter

MENLO PARK, July 30 -- Mark Zuckerberg delivered Meta Platforms Inc. (META) its best revenue quarter in company history on Wednesday. The stock fell more than four percent when markets closed. The di... और पढ़ें


Philadelphia Semiconductor Index Enters Bear Market as Samsung and SK Hynix Each Lose 15%

NEW YORK, July 30 -- Samsung Electronics fell more than 15 percent on Wednesday. Not because of a missed earnings quarter, not because of a product recall - but because of a single unverified report c... और पढ़ें


Churchill Downs Posts All-Time Record $980 Million Quarter, Powered by the Kentucky Derby

LOUISVILLE, July 30 -- Nineteen point six million people watched the 152nd Kentucky Derby on average last May. That figure is the highest in more than a decade, and it translated into record wagering ... और पढ़ें


Las Vegas Dragged Caesars Down in Its Final Quarter as a Public Company

LAS VEGAS, July 30 -- The last earnings report Caesars Entertainment Inc. (Nasdaq: CZR) will ever file as a public company arrived Monday with a contradiction at its center. Regional casinos are deliv... और पढ़ें


DAZN Lands MSG and YES Network Rights, Accelerating the End of Regional Sports TV

New Delhi, July 30 -- For anyone who watched the Knicks win the championship this June on an MSG Networks feed piped through a cable box they have had since 2018, the question that has been building f... और पढ़ें


Divided Fed Holds Rates Steady; Dow Plunges 1,100 Points on Inflation Alarm

WASHINGTON, July 30 -- The Dow Jones Industrial Average posted its worst session in fifteen months Wednesday, shedding 1,129 points after the Federal Reserve held interest rates steady for a seventh c... और पढ़ें


Vietnam Urges US to Conclude Section 301 Probe as Tariff Deadline Nears

New Delhi, July 23 -- close the investigation, and make the outcome reflect Vietnam's cooperation. Vietnam's foreign ministry said Thursday it remained committed to bringing bilateral trade talks wit... और पढ़ें


Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

New Delhi, July 22 -- WASHINGTON - A $44 billion American industry that employs 425,000 people, operates legally in 24 states, and is projected to exceed $47 billion this year cannot open a standard b... और पढ़ें


Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

NEW YORK, July 22 -- Goldman Sachs launched a private markets investment platform on Tuesday designed to give wealthy clients structured access to high-growth private companies, targeting investors wh... और पढ़ें


GM Reverses Cadillac's EV-Only Strategy as Gas-Powered Models Return to the Lineup

GM (NYSE, July 22 -- General Motors is returning gas-powered vehicles to the Cadillac lineup, ending the brand's brief positioning as an all-electric company and marking the clearest acknowledgment ye... और पढ़ें