FuboTV Shares Plunge 22% Following Reverse Split Announcement
The sports-focused streaming service saw a sharp sell-off after unveiling plans for a reverse stock split, overshadowing recent revenue growth and a key Disney partnership.
The sports-focused streaming service saw a sharp sell-off after unveiling plans for a reverse stock split, overshadowing recent revenue growth and a key Disney partnership.
Voya Financial's fourth-quarter revenue surged past Wall Street forecasts, though earnings per share fell short of expectations, sending shares lower and highlighting ongoing challenges in its growth trajectory.
Advanced Micro Devices (AMD) delivered a robust fourth quarter for 2025, surpassing revenue forecasts with $10.27 billion in sales and issuing optimistic guidance, fueled by strong demand for its AI and high-performance computing platforms.
Kyle Rittenhouse, the acquitted Kenosha shooter turned conservative figure, has called for the removal of U.S. Attorney Jeanine Pirro after she vowed to jail individuals bringing firearms into Washington, D.C., igniting a fierce debate over Second Amendment rights.
In a landmark deal, Equatorial Guinea has significantly increased the state's share in the Chevron-operated Aseng field, a move set to anchor the country's ambitions to become a central gas hub for the Gulf of Guinea region.
Citadel CEO Ken Griffin argues that business leaders are increasingly wary of public political debates and resent perceived pressure to align with administrations, a dynamic amplified by social media's influence.
Matthews International (NASDAQ: MATW) reported fourth-quarter revenue that narrowly surpassed analyst expectations, though sales fell sharply year-over-year. The diversified solutions provider posted a non-GAAP loss per share, missing estimates, even as operational efficiency showed marked improvement.
Thermo Fisher Scientific is phasing out operations at its Franklin, Massachusetts site by late 2026, resulting in more than 80 layoffs. This follows a larger round of cuts announced last year, signaling ongoing restructuring within the life sciences giant.
Ethereum's price faces headwinds following founder Vitalik Buterin's latest moves—a substantial charitable donation and a public reassessment of the blockchain's scaling roadmap—raising questions about market sentiment and the future of Layer 2 networks.
As the Super Bowl captivates fans, a deeper financial play is unfolding. Professional sports teams, long the exclusive domain of billionaires, are now becoming accessible to a wider range of investors through innovative funds, signaling their evolution into a distinct and resilient asset class.
Canada's investment regulator, CIRO, has enacted a new digital asset custody framework effective immediately, aiming to bolster investor protections and prevent future platform failures like the notorious 2019 QuadrigaCX case.
Dogecoin led losses among major cryptocurrencies as a shift to risk-off sentiment and a surge in speculative derivatives trading triggered a sharp sell-off, despite a lull in spot market activity.
Sugar prices staged a sharp recovery in Tuesday's session, buoyed by a weaker U.S. dollar triggering short-covering. However, analysts caution that the rally may be short-lived against a backdrop of swelling global supplies and record production forecasts from key growers like Brazil and India.
Cocoa prices posted gains for a second consecutive session, driven by concerns over slowing arrivals from top producer Ivory Coast. The rally comes despite a backdrop of ample global supplies and tepid demand, highlighting the market's ongoing volatility.
Match Group, parent company of Tinder and Hinge, reported stronger-than-expected fourth-quarter revenue and profit, sending its stock higher. However, the dating app giant continues to face challenges with declining paying users, even as it extracts more value from those who remain.
As Super Bowl LX approaches, a new wave of legal, exchange-based prediction markets is offering fans nationwide a novel way to engage with the big game. We examine the trading mechanics, legal landscape, and what this shift means for the future of sports speculation.
As Washington debates a credit card interest rate cap and a bill targeting payment network dominance, Mastercard's latest earnings reveal resilience. Despite potential headwinds, its asset-light model and global network strength keep it in buy territory for many.
A new global survey from JPMorgan Private Bank reveals that artificial intelligence is the overwhelming investment priority for family offices, while cryptocurrencies and traditional safe havens like gold see minimal interest.
Wall Street's muted reaction to Josh D'Amaro's appointment as Disney CEO underscores deeper investor concerns, with shares languishing near 2022 lows despite a structured leadership handoff.
Carlisle Companies (NYSE: CSL) reported fourth-quarter sales that exceeded analyst expectations, though revenue remained flat year-over-year. Adjusted earnings per share of $3.90 topped estimates by nearly 9%, sending the stock sharply higher.