Workday shares sink on subscription revenue guidance concerns

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The Workday Inc. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Saturday, Jan. 19, 2025. Hollie Adams | Bloomberg | Getty Images Shares of software maker Workday slid nearly 8% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised its full-year […]


Paramount Skydance to slash 1,600 more jobs after revenue disappoints — but issues upbeat forecast

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Paramount Skydance said it will make $1.5 billion in programming investments next year in its first quarterly results for the combined company since the completion of the $8.4 billion merger. Shares of the company were up 7% in trading after the bell. Paramount Global and Skydance Media completed their merger in August, installing new leadership at the media […]


Intralot stagnates in new revenue report as it focuses on Bally’s acquistion

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It’s not a bad or good first half of the year for Intralot, a gambling technology company based in Greece. The company, which as of 2023 has 1700 employees, posted a stagnant revenue report, which only grew by 1.7% year-on-year. While the business hasn’t grown, it’s still a net positive period for Intralot. The company […]


News Corp profits spike nearly 30% in fourth quarter, revenue rises 1%

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News Corp – parent company of The Post – reported Tuesday that quarterly profits soared 28% and revenue ticked up 1%, beating Wall Street’s expectations.  Net income from continuing operations for the fourth quarter was $86 million, compared to $67 million in the prior year period, the company said. Revenues rose to $2.11 billion, compared […]


National Indian Gaming Commission reports record figure of $43.9B in revenue in 2024

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The National Indian Gaming Commission (NIGC) has announced its latest statistics, showing that a record $43.9 billion was generated in gross gaming revenues in FY 2024. This is a record figure that reflects a $2.0 billion increase over FY 2023, representing an overall growth of 4.6% across the Indian gaming industry. “This year’s GGR reflects […]


Mark Zuckerberg’s Meta surges as Facebook parent’s revenue soars on AI ‘superintelligence’ push

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Meta Platforms narrowed its annual capital expenditures forecast on Wednesday, driven by the social media giant’s high-stakes push for “superintelligence” in the heated AI race, sending its shares up nearly 9% in extended trading. The Facebook and Instagram parent now expects capital expenditures to be between $66 billion and $72 billion, compared with its prior projection of $64 […]


Steph Curry’s Thirty Ink generated $174 million in 2024 revenue

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Steph Curry’s Gentleman’s Cut bourbon. Courtesy: Gentleman’s Cut Steph Curry is one of the greatest basketball players ever, and judging by his company’s financials, he’s off to a pretty good start in the business world. Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman’s Cut bourbon and […]


With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue

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Anyone who wants to keep up with President Trump’s views knows to go to his Truth Social account. There, one finds his reasoning on a panoply of issues, including military strikes in Somalia, tariffs on Canada and Mexico, relations with Russia, the causes of a deadly aircraft collision, American ownership of the Gaza Strip and […]


Etsy stock tumbles on revenue miss, company reports drop in goods sold

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An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy missed on revenue and gross merchandise sales for the fourth quarter, with the company citing “significant headwinds,” including a pullback in consumer spending. The stock closed down 10% on Wednesday. Here’s […]


Eli Lilly LLY cuts 2024 revenue outlook on weight loss drugs

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The Eli Lilly & Co. logo at the company’s Digital Health Innovation Hub facility in Singapore, on Thursday, Nov. 14, 2024.  Ore Huiying | Bloomberg | Getty Images Eli Lilly cut its revenue guidance on Tuesday as it said demand for its weight loss and diabetes drugs would not meet its lofty expectations. The drugmaker’s […]