Latest News
DraftKings' $200 Bonus Staggered Over 21 Days Amid Margin Slide
DraftKings' new $200 sign-up bonus is paid in four weekly drops, a design that may reduce promotional costs. Meanwhile, Q2 sports margin fell to 6.8%.
AMC's Delivery Push: Old News, Unanswered Questions
AMC's home-delivery service for popcorn is years old, yet the company still doesn't disclose sales or profits from it. Investors need more transparency.
H&M's Barcelona Hub Aims to Bridge Inventory and Demand Gap
H&M's new Barcelona production office unites design, buying, and supplier teams to improve product speed, addressing a key operational weakness without altering its earnings outlook.
Woolworths, Coles Face Supplier Anger Amid Opaque Contract Details
Woolworths and Coles are under fire from farmers over sourcing changes, but the financial impact remains unclear as contract values stay undisclosed.
Diesel Hits Record $5.90, Squeezing Carriers as Surcharges Lag
U.S. diesel prices hit a record $5.90/gallon, up 59% year-over-year, while freight surcharges lag, squeezing carriers like FedEx and UPS.
Netflix Greenlights Third Inbetweeners Film, Financial Terms Under Wraps
Netflix (NFLX) has started production on The Inbetweeners 3 in the UK, reuniting the original cast, but has not disclosed budget or release date.
EDPR Shares Climb 2.2% as Investors Eye Pending Brazil Deal Closure
EDP Renewables (EDPR) rose 2.2% on Monday, yet remains 8.45% below its 52-week high. The pending Brazil disposal, expected to close in Q4, is crucial for debt reduction and earnings growth.
Anthropic's IPO Roadshow Pushed to Mid-October as $2T Valuation Hangs in Balance
Anthropic's IPO roadshow has slipped to mid-October, intensifying scrutiny of its reported $2 trillion valuation. Investors await the S-1 filing for details on revenue recognition and compute costs.
Home Depot's Labor Day Hours Vary Across Canada; U.S. Markets Closed
Home Depot's Canadian stores have differing Labor Day hours: Toronto and Montreal are closed, while Vancouver and Calgary remain open. U.S. markets are closed for the holiday, with HD stock at $321.05.
KOSPI Nears 7,000 as Chip Stocks Fuel Late Surge
South Korea's KOSPI surged 4.61% to 6,995.39, just shy of 7,000, powered by chip giants Samsung and SK hynix. Late buying from foreign and institutional investors drove the rally, though market breadth remains narrow.
Tesco and Waitrose Issue Allergy Alerts on Mislabeled Products
Tesco and Waitrose have issued recalls for mislabeled products, citing undeclared allergens. Tesco shares rose 0.8% despite the news.