Sports Cars

Business

Porsche's Electric Sports Car Ambitions Stall as Budget Pressures Mount

Under new CEO Michael Leiters, Porsche is reportedly considering axing its planned all-electric 718 Boxster and Cayman line. The potential move, driven by development hurdles and soaring costs, signals a strategic recalibration as the automaker grapples with a sales slowdown in China and the financial weight of revising its EV roadmap.

Feb 2, 2026

Business

From Sportsbooks to Spreadsheets: Prediction Markets Now Let You Wager on U.S. Home Prices

A new breed of online platforms is enabling speculation on housing market trends without the need to buy property, drawing both intrigued investors and sharp regulatory criticism.

Feb 2, 2026

Business

Li Auto Shifts Gears: From Self-Driving Cars to Humanoid Robots in Major AI Pivot

Chinese EV maker Li Auto announces a significant organizational overhaul, dissolving its dedicated autonomous driving team to focus resources on 'embodied intelligence' and humanoid robotics, signaling a bold strategic realignment.

Feb 2, 2026

Business

Musk's Weekend Focus: Tesla's Future Hinges on AI Chip Breakthrough, Not Cars

In a revealing moment during Tesla's earnings call, Elon Musk disclosed that his Saturdays are dedicated to the company's next-generation AI5 chip project, signaling a fundamental strategic shift from automaker to vertically integrated AI hardware powerhouse.

Jan 31, 2026

Business

Department Stores Reinvent Men's Shopping: Casualwear Dominates as Retailers Bet on Sports and Experiences

A new IADS report reveals how luxury's slowdown and a permanent shift to casual styles are forcing major retailers to pivot. The response: doubling down on athleisure, accessible price points, and in-store experiences to attract customers and sustain growth.

Jan 30, 2026

Business

Music Industry's Deal-Making Frenzy Continues: Merlin, Range Sports, Primary Wave Lead Latest Wave of Strategic Moves

From innovative financing for indie labels to major acquisitions in live events, the music business landscape is being reshaped by a series of strategic partnerships and investments unveiled over the past fortnight.

Jan 30, 2026

Business

PUMA's Stock: A Turnaround Story or Value Trap? Analyzing the Sportswear Giant's Divergent Signals

PUMA SE (XTRA:PUM) presents a complex picture for investors. While recent quarterly momentum has lifted shares, a deep dive reveals persistent losses and multi-year underperformance, raising questions about its true valuation and path to sustained profitability.

Jan 30, 2026

Business

Williams F1 Taps Anthropic's Claude as 'Thinking Partner' in High-Stakes Tech Alliance

The historic Williams Formula 1 team has entered a multi-year partnership with AI firm Anthropic, deploying its Claude AI as a strategic tool for engineering and race strategy. This deal marks a significant move as AI companies accelerate their push into elite sports sponsorships.

Feb 2, 2026

Business

SharpLink Gaming's $23 Million Stake Sale: A Strategic Pivot or a Red Flag for Investors?

Apeiron Capital's complete divestment from SharpLink Gaming coincides with the firm's dramatic portfolio liquidation and SharpLink's own radical transformation from a sports betting affiliate to a major corporate holder of Ethereum.

Feb 2, 2026

Georgia Authorities Bust Alleged $1 Million Title Fraud Ring, Exposing Risks for Unlicensed Drivers and Legitimate Buyers

A multi-year investigation in North Georgia has led to the indictment of nine individuals accused of running a sophisticated scheme that falsified vehicle paperwork, enabling unlicensed drivers to illegally purchase and register cars while netting over $1 million.

Feb 2, 2026

Business

Betting on the Big Game? Why Your Money Might Be Better Off in the Market

As sports betting handles hit record highs, data reveals a stark contrast: the average bettor consistently loses, while disciplined investing in instruments like index funds builds wealth over time.

Feb 2, 2026

Business

Disney Parks Power Record Q1 Revenue Amid CEO Search, While Rising Costs Pressure Profits

Disney's theme parks and cruise lines delivered a historic $10 billion quarter, driving overall revenue past expectations. However, surging costs across its media and sports divisions squeezed profits as the entertainment giant nears a decision on its next chief executive.

Feb 2, 2026

Business

Dainese Ownership Transfer Finalized: BlackRock and TIAA-Backed Funds Take Full Control

The European Commission has granted regulatory approval, concluding the acquisition of iconic Italian motorsports brand Dainese by asset management firms Arcmont and HPS Investment Partners, effectively placing ownership under major institutional investors.

Feb 2, 2026

Business

Under Armour at a Crossroads: Major Shareholder Buys In Amid Legal Setback and Executive Departure

Under Armour faces a pivotal moment as a significant insider purchase coincides with a high-stakes legal loss and the exit of its Chief Product Officer, testing investor confidence in the embattled sportswear brand's turnaround strategy.

Feb 2, 2026

Business

UFC Inks Multi-Year Deal with Good Greek, Expanding Year-Round Sponsorship Footprint

TKO Group Holdings' UFC has secured a new, multi-year marketing partnership with Good Greek Moving & Storage. The agreement will feature brand integration across UFC Fight Nights, Dana White's Contender Series, and athlete ambassador campaigns, signaling a continued push to monetize its combat sports audience beyond traditional media rights.

Feb 2, 2026

Business

Polaris Boosts Dividend Payout Amid Earnings Pressure, Yield Climbs to 4.3%

Polaris Inc. (NYSE:PII) announced a dividend increase to $0.68 per share, lifting its forward yield to 4.3%. While strong free cash flow supports the hike, analysts remain cautious as the powersports company navigates a challenging earnings landscape.

Feb 2, 2026

World

Betfred Founders Top UK's Tax List, with Styles and Joshua Among High-Profile Contributors

The annual Sunday Times Tax List reveals the UK's top 100 individual taxpayers paid a record £5.76bn, featuring a mix of business titans, sports stars, and entertainers, with a notable rise in contributions linked to recent fiscal policy changes.

Feb 2, 2026

Business

Bargain Hunt: Three European Stocks Trading Below Their True Worth in February 2026

Amid a patchy market recovery, savvy investors are scouring Europe for hidden gems. We spotlight three companies—from shipping to sportswear—whose current share prices appear significantly discounted against their intrinsic value, presenting potential opportunities for long-term growth.

Feb 2, 2026

Business

Sportradar's Stock Slump: A Buying Opportunity or a Sign of Deeper Issues?

Sportradar Group's shares have tumbled over 22% year-to-date, sparking debate among investors. While a discounted cash flow model suggests significant undervaluation, its lofty P/E ratio tells a conflicting story. We examine the data and gather expert opinions on the sports tech giant's true worth.

Feb 2, 2026

Business

Nike Investigates Major Data Breach Claim Amid Turnaround Efforts

Sportswear giant Nike is probing claims by a ransomware group that it has leaked a trove of internal company data. The alleged breach, which comes as Nike navigates restructuring and margin pressures, raises significant questions about cybersecurity readiness and potential impacts on its digital transformation strategy.

Jan 31, 2026