Several signs including a planned workforce reduction implies “weaker demand will persist beyond the near-term,” analysts said.
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Stifel downgrades Carvana as slowing demand for used cars erodes conviction in the auto seller
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Paramount sweetens WBD bid, but stops short of raising its per-share value
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called “ticking fee” to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30 […]
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Business
Kalshi says Super Bowl trading volume surpassed $1 billion
Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outcomes in politics, pop culture, financial markets and sports. “It was an incredible […]
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Business
Coca-Cola earnings beat estimates, as demand for its drinks begins to improve
Cases of Coca-Cola brand soda are stacked at a Costco Wholesale store on November 13, 2025 in Simi Valley, California. Kevin Carter | Getty Images Coca-Cola reported its fourth-quarter earnings before the bell on Tuesday. Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Adjusted earnings per share: […]
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