Retail traders are starting to buckle under the selling pressure in this market, according to Bank of America.
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Signs of retail traders capitulating in this sell-off are emerging, but it’s still early innings, BofA says
Business
Lego keeps beating the toy industry. Its secret weapon is not what you’d expect
Lego just put up another banner year — with help from a behind-the-scenes secret weapon. The Danish company on Tuesday reported a 12% jump in revenue to 83.5 billion Danish kroner, or $12.9 billion, for fiscal year 2025. Operating profit rose 18% year over year to 22 billion Danish kroner, or $3.4 billion, the company […]
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Business
Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns
Signs are seen at the Live Nation NYC headquarters on May 23, 2024 in New York City. Michael M. Santiago | Getty Images Live Nation Entertainment has reached a settlement with the Department of Justice over antitrust concerns surrounding its Ticketmaster platform, a senior DOJ official said Monday. The settlement would see Ticketmaster unwind some […]
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Business
Inside the booming business of wellness third spaces and membership clubs
A few years ago, Grace Guo began to crave places in New York City where hanging out with friends didn’t have to involve alcohol. Newly sober and surrounded by friends who also chose not to drink, Guo said she wanted alternatives to the typical social scene. After some research, she landed on Bathhouse and Othership: […]
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