A Starbucks coffee shop in Amsterdam.Nicolas Economou | Nurphoto | Getty ImagesElliott Management has taken a significant stake in coffee chain Starbucks and is engaging with management to find ways to improve the company's share price, the Wall Street Journal reported Friday, citing people familiar with the matter.Representatives for Elliott...
Year: 2024
EA college football is back after over a decade. The game and its fans are a lot different now
EA Sports College Football 25. Courtesy: EA SportsThe 2024 football season officially starts this weekend for many fans, as Electronic Arts rolls out a long-awaited revamp of its college football game. Some fans of the old game who have spent less time with their XBox and PlayStation in recent years are...
‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk
The money flow into small caps may not be a rotation from winning growth trades.Dave Nadig, ETF journalist and financial futurist, sees investors "just buying, buying, buying.""What we're seeing is a diversification trade," he told CNBC's "ETF Edge" this week. "We're seeing flows into everything, and that to me means...
Hugo Boss shares plunge 9% as firm cuts 2024 guidance amid slumping China demand
Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao'an International Airport.Alex Tai | SOPA Images | LightRocket | Getty Images)Hugo Boss shares plunged as much as 10% Tuesday after the company cut its sales outlook, becoming the latest high-end fashion line to warn of persistent...
With corners of the media industry in upheaval, Netflix makes clear it’s staying out of the fray
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its investors.In recent weeks, Paramount Global has agreed to merge with Skydance Media. Warner Bros....