Sports
DraftKings shares tumbles after monthly users fall short of estimates
Omar Marques | LightRocket | Getty Images Shares of DraftKings closed down 28% Friday after the sports betting company reported slower monthly customer growth in the third quarter that fell short of estimates. The company raised its revenue guidance for the year, however, after revenue for the quarter came in above Wall Street expectations. Its […]
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Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as chief of Adidas
Björn Gulden, Chairman and Managing Director of the sporting goods manufacturer Puma SE, speaks at the company’s annual press conference. Daniel Karmann | Picture Alliance | Getty Images Adidas announced Friday that it is in talks with Bjorn Gulden, the departing CEO of Puma, to succeed Kasper Rorsted as its chief executive. Rorsted, who has […]
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This deep price golfing inventory is established to triple, Jefferies predicts
Just after a topline defeat and lifted fourth-quarter forecasts, there’s large growth ahead for Topgolf Callaway , Jefferies says. Whilst reiterating the stock as a get, analyst Randal Konik boosted the price tag concentrate on to $56 – a 221% upside in excess of the stock’s final near. “MODG is a defeat & elevate and […]
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Hong Kong Rugby Sevens is back. Rugby union says demand is high despite Covid measures
The Hong Kong Rugby Sevens tournament kicks off Friday for the first time since Covid-19 hit. While the city’s pandemic regulations remain strict, Chris Brooke, chairman of the Hong Kong Rugby Union, claimed demand to attend the event remains high. “I think people are looking forward to a fun weekend. Those restrictions are there but […]
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How the CNBC Stock Environment Cup 2022 functions
Street Signals Asia How the CNBC Inventory Planet Cup 2022 is effective Published Thu, Nov 3 20227:30 PM EDT Will Koulouris@willkoulouris Check out Live Supply
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Jeff Bezos is interested in bidding for the NFL’s Washington Commanders, reports say
Amazon founder Jeff Bezos and commissioner Roger Goodell on the sidelines before the start of an NFL football game between the Los Angeles Chargers and Kansas City Chiefs, Thursday, Sep.15, 2022, in Kansas City, Mo. Logan Bowles | AP Jeff Bezos is interested in bidding for the NFL’s Washington Commanders, multiple news outlets reported Thursday. […]
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NBA Top rated Shot maker Dapper Labs lays off 22% of workers
Collectors have used a lot more than $230 million on virtual “times” on Dapper Labs’ NBA Leading Shot. Supply: Dapper Labs Dapper Labs, the non-fungible tokens (NFTs) business known for developing collectible times all around NBA and NFL highlights, is laying off 22% of its corporation, in accordance to an memo from its CEO. The […]
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NBA Commissioner Adam Silver speaks out on Kyrie Irving’s antisemitic post
Kyrie Irving #11 of the Brooklyn Nets brings the ball up the court during the fourth quarter of the game against the Chicago Bulls at Barclays Center on November 01, 2022 in New York City. Dustin Satloff | Getty Images Sport | Getty Images NBA Commissioner Adam Silver is speaking out against Kyrie Irving after […]
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Peloton shares tumble after company offers weak holiday quarter outlook
Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s shares fell nearly 10% in morning trading Thursday. As of Wednesday’s close, Peloton’s stock has dropped about 75% so far this year. Here’s how the fitness device maker […]
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Women athletes now have their own sports network
Finding women’s sports is about to get easier. The first-ever network to focus on female athletes, the Women’s Sports Network, launched Wednesday, offering 24/7 streaming of original programming, competitions, documentaries and a daily studio show “Game On.” The Women’s Sports Network is a free, ad-supported network featured on streaming services including Amazon.com‘s Freevee, Fox Corp.’s […]
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