PENN Entertainment Inc
Stocks making the biggest moves midday: Penn Entertainment, Metsera, Six Flags & more
Check out the companies making the biggest moves midday: TreeHouse Foods — The food processor rallied 23% after announcing it’s being bought by European investment group Investindustrial for $22.50 per share in cash. That represents an 18% premium from Friday’s close. The deal values TreeHouse at nearly $3 billion. Tech stocks — Names tied to […]
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Apple’s AI roadmap looks brighter — plus, Costco delivers upbeat sales numbers
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks tumbled Thursday as concerns about eye-watering valuations in AI-linked names persisted. The S & P 500 shed nearly 1% in afternoon trading. But the […]
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DraftKings takes over ESPN sports betting partnership from Penn Entertainment
The ESPN Bet logo on a laptop arranged in New York, US, on Thursday, Feb. 22, 2024. Gabby Jones | Bloomberg | Getty Images Disney’s ESPN is swapping out its sports betting partner. In separate releases Thursday, the company said it was terminating its agreement with Penn Entertainment years earlier than planned and had signed […]
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Stocks making the biggest moves premarket: Qualcomm, Warner Bros. Discovery, Papa John’s, Duolingo and more
Check out the companies making headlines before the bell: Qualcomm — Shares slipped 1% as Qualcomm expects that it will lose Apple as a customer for its modem business in the coming years. This potential waning opportunity overshadowed Qualcomm’s fiscal fourth-quarter earnings and revenue beat and strong current quarter forecast. Warner Bros. Discovery — Shares […]
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Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more
Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]
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Stocks making the biggest moves midday: Micron, Penn Entertainment, Equinix, Core Scientific & more
Check out the companies making the biggest moves midday: Micron Technology — The chipmaker slipped nearly 2% even after its fiscal third-quarter financial results topped expectations . Micron’s adjusted earnings were $1.91 per share, versus the $1.60 expected from analysts polled by LSEG. Revenue was $9.3 billion, above the $8.87 billion consensus estimate. Core Scientific […]
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Horse racing is set for a resurgence, even as America’s oldest track closes
Horse race At the harness racing week on the Freehold Raceway in New Jersey: a reverse race with the sulky fixed in front of the horse – 1930. Robert Sennecke | Ullstein Bild | Getty Images America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024. Freehold Raceway […]
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Stocks making the biggest moves midday: Tesla, Broadcom, Upstart, Penn Entertainment, RH and more
Check out the companies making headlines in midday trading. Broadcom — Shares of the semiconductor maker jumped 20% after the company beat fiscal fourth-quarter earnings expectations and posted artificial intelligence revenue that more than tripled for the year, pushing Broadcom’s market cap above $1 trillion for the first time . CEO Hock Tan said Broadcom is […]
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Stocks making the biggest moves before the bell: Broadcom, RH, Tesla, Penn Entertainment & more
Check out the companies making headlines in premarket trading. Broadcom — Shares of the semiconductor maker jumped nearly 17% after the company’s fiscal fourth-quarter earnings exceeded expectations. CEO Hock Tan said that Broadcom is developing custom artificial intelligence chips with three large cloud customers. The company also said its artificial intelligence revenue for the year […]
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Robinhood considering move into sports betting, CEO Vlad Tenev says
Vlad Tenev, chief executive officer of Robinhood Markets Inc., during a Bloomberg Television interview in London, UK, on Tuesday, Nov. 29, 2023. Jose Sarmento Matos | Bloomberg | Getty Images Robinhood CEO Vlad Tenev said Wednesday that the brokerage firm is considering expanding into sports betting in some way. “We’re keenly looking into that space. […]
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