Caesars Entertainment Inc
Stocks making the biggest moves premarket: Kohl’s, Micron, Apple and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl’s said the deteriorating retail and financial environment presented significant obstacles to concluding a deal. […]
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Casino stocks are taking a hit as consumers struggle with inflation and recession fears
Shares of casino companies have plummeted even as inflation has soared at rates not seen in four decades and fears of a recession rattle consumers and investors alike. Caesars Entertainment stock has plummeted 50% so far this quarter. Bally’s has dropped 40% over the same time period, and Penn National Gaming and MGM Resorts shares […]
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Strategist says U.S. stocks are undervalued right now — and names his top picks to buy the dip
Morningstar’ s David Sekera thinks the market sell-off is looking overdone — and reveals the tech stocks he thinks are attractive right now, as well as his picks to ride the return of consumer spending. After years of beating the market, tech stocks have been slammed this year as expectations of aggressive tightening by the […]
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Stocks making the biggest moves midday: Uber, Lyft, Airbnb, Starbucks and more
Close-up of vertical sign with logos for ride-hailing companies Uber and Lyft. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. Lyft — Shares of Lyft tumbled about 32% after the ride-hailing company issued disappointing guidance for the second quarter and said it would increase spending to attract more drivers, […]
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How the Golden State Warriors plan to become more than a basketball team
Stephen Curry #30 of the Golden State Warriors drives to the basket during the game against the Washington Wizards on March 14, 2022 at Chase Center in San Francisco, California. Noah Graham | National Basketball Association | Getty Images The Golden State Warriors are getting back to business. After two years of pandemic challenges, the […]
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Fanatics wants to be a $100 billion company – here’s how it plans to get there
Michael Rubin arrives at the 2019 Fanatics Super Bowl Party on Saturday, Feb. 2, 2019, in Atlanta. Paul R. Giunta | Invision | AP Sports e-commerce company Fanatics is growing quickly, but it’s still nowhere near where it aims to be. Recently, the company said, it reached a $27 billion valuation and it wants to […]
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Meet the women who are shaking up the male-dominated gambling industry
Amy Howe knows how to grab headlines. Soon after she became CEO of fantasy sports and betting giant FanDuel Group, Howe made a splash by pointing out that the she was concerned about how the industry spends money to scoop up customers. “If you look at the way we’ve been deploying our dollars in our […]
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