Articles

: Penn dumps Barstool for ESPN-branded sports-gambling service

Online sports-betting company Penn Entertainment Inc. sealed a deal with Walt Disney Co.'s ESPN to launch ESPN Bet, a branded sportsbook for fans in the U.S., and pivoted away from Barstool Sports on Tuesday, selling the platform back to founder Dave Portnoy.

: It’s National Pickleball Day, but do we really need pickleball bobbleheads?

Pickleball mania encompasses everything from pickleball bobbleheads to pickleball in the sky, and people spent $519 million on pickleball equipment last year

Earnings Results: Super Micro’s stock drops more than 10% as AI server maker’s outlook comes in light

Super Micro Computer Inc. shares fell after hours Tuesday after the server company with AI sales forecast a weak outlook.

Key Words: Quotable Christie says China’s Xi is gauging U.S. resolve in support of Ukraine’s democracy and independence

“Ukraine,” says the Republican presidential hopeful, “is the undercard.” The main event? Taiwan.

Earnings Results: Marqeta scores long-awaited Cash App renewal, and its stock is surging

Marqeta Inc. addressed a key investor concern Tuesday as it announced a four-year renewal of its contract with Block alongside its latest earnings.

Earnings Results: Take-Two stock ticks higher as ‘GTA V’ approaches its 10th birthday, sequel anticipation forgives outlook

Take-Two Interactive Software Inc. shares sought direction in the extended session Tuesday after the videogame publisher missed on results and lowered its outlook, while reminding gamers that the next iteration of "Grand Theft Auto" is right around the corner.

Earnings Results: Toast’s stock heats up after earnings as company hits a milestone

The maker of technology for the restaurant industry beat quarterly revenue expectations and logged positive free cash flow first the first time since its IPO.

Earnings Results: Rivian’s stock drops 2% after mixed quarter, raised production guidance

Rivian Automotive Inc. on Tuesday reported a mixed quarter and said it expects to make 52,000 vehicles this year, from a previous estimate of 50,000.

Earnings Results: Upstart’s stock plunges after earnings as forecast comes in light

The lending company fell short of Wall Street's expectations with its revenue and earnings forecasts for the current quarter.

Washington Watch: Biden points to Arizona’s extreme heat, majestic Grand Canyon as he promotes climate-focused 2022 law

President Biden spotlights year-old Inflation Reduction Act and natural-resource conservation as he signs protections for the Grand Canyon.

Earnings Results: More commutes, summer travel propel Lyft’s results and stock

Ride-hailing service Lyft Inc. on Tuesday reported a surprise second-quarter adjusted profit, helped by summer travel and a return to offices.

: Goldman woos veteran Russell Horwitz to return as chief of staff, while two other executives depart

Russell Horwitz replaces John F.W. Rogers as chief of staff while Rogers will retain other titles; Jeff Currie to retire while Julian Salisbury exits GASM
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