Sports
Super Bowl betting sets records for sportsbooks
It was a record-breaking Super Bowl for sportsbooks as gamblers ponied up across the United States. Super Bowl 57 was the first one to be played in a state where sports gambling is legal, and early data shows there was a lot of enthusiasm for betting on the big game. GeoComply, a company that verifies […]
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Chinese e-commerce big Pinduoduo splashes on Tremendous Bowl ad for its Temu U.S. searching internet site
An ad location throughout the Tremendous Bowl expenses tens of millions of pounds. Temu, the U.S. shopping internet site launched by China’s PDD Holdings Inc., ran a 30-second advertisement during the game titled “Store Like A Billionaire,” highlighting its ambitions to crack the global e-commerce industry. Jevone Moore | Icon Sportswire | Getty Pictures Temu, […]
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Tremendous Bowl LVII: Eagles, Chiefs, Rihanna and tons of corporate advertisements consider heart phase
Kickoff for Super Bowl LVII is at 6:30 p.m. ET on Fox, but not everyone tuning in to the matchup concerning the AFC champs, the Kansas Metropolis Chiefs, and the class of the NFC, the Philadelphia Eagles, is there for the significant activity. The Super Bowl is advertising’s most important phase, with firms jockeying for […]
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Electric Ram pickup debuts in Super Bowl ad that pokes fun at rivals, sex-drug commercials
Ram’s 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale late-next year. Screenshot DETROIT – Stellantis will air a 60-second Super Bowl ad for its Ram brand to indirectly take shots at the current all-electric vehicle market, specifically pickup trucks. The commercial, […]
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Why the Super Bowl still matters: Football is ‘the glue’ holding network TV together
“Thursday Night Football’s” shift to Amazon Prime Video is masking the fact that the sport’s audience is still growing, according to SVB MoffettNathanson, and that it remains a key part of network television. Analyst Michael Nathanson said that football’s average viewership fell 4% during the 2022-23 season, but the decline was due to a sharp […]
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Here are Wall Street’s top sports-betting picks ahead of potential record Super Bowl wagers
When millions cheer on their team during Sunday’s Super Bowl, more will be at stake than pride over nabbing the Vince Lombardi trophy. A record number will also be hoping to score big with their bets on the game. It is by far the most bet upon single sports event in the United States, according […]
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TV prices sink ahead of the Super Bowl — here are the best deals
Nearly 200 million people will watch the Philadelphia Eagles face off against the Kansas City Chiefs in the Super Bowl on Feb. 12, which might be a good motivation to buy a brand-new television. While you might not see as many deals now as there are on Black Friday, prices, in general, have been steadily falling, […]
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Super Bowl ad curse? The stocks of these Big Game advertisers didn’t fare so well
New England Patriots fans erupt as the Seattle Seahawks Russell Wilson’s pass is intercepted at the goal line to ensure the victory for the New England Patriots in Super W 49. Bob Berg | Moment Mobile | Getty Images In a fragmented media landscape, events like the Super Bowl are prized by advertisers for the […]
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Adidas shares tank after it issues warning over unsold Yeezy stock
“The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas could lose around 1.2 billion euros ($1.3 billion) in revenue in 2023 if it is unable to sell its existing Yeezy stock. The German […]
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Disney CEO Bob Iger wastes no time putting turnaround plans in place after a solid quarter
Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prioritizing creativity and profitability. Revenue increased about 8% year-over-year, to $23.51 billion, beating analysts’ expectations for $23.37 billion, according to estimates compiled by Refinitiv. Earnings-per-share (EPS) fell 6.6% […]
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