Sports Memorabilia

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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.

Business

DraftKings' Growth Engine Slows: User Gains Stagnate, Margins Tighten

DraftKings Inc. is showing signs of strain as its once-explosive user growth decelerates and profitability metrics weaken, raising questions about the online sports betting giant's path to sustainable earnings. With the stock (NasdaqGS: DKNG) down sharply this year, investors are scrutinizing the cost of customer acquisition in an increasingly competitive and regulated market.