News

Shares of International Game Technology (NYSE:IGT) have been a solid performer over the past year, rising about 10%. However, they have fallen over 10% in the past months, given some concerns about the health of the consumer, which could weigh on gaming industry dynamics. IGT is delivering well, expanding margins,…

Apple and Disney have paused online advertising campaigns on X, formerly Twitter, after owner Elon Musk said he agreed with a social media post accusing “Jewish communities” of pushing “hatred against whites,” according to sources familiar with both companies’ moves.Warner Bros Discovery, Paramount Global and Lions Gate Entertainment are also suspending campaigns on…

SpaceX launched its second Starship rocket flight on Saturday, with Elon Musk’s company pushing development of the mammoth vehicle past new milestones.Lifting off around 8 a.m. ET from the company’s facility in Texas, Starship flew for more than seven minutes, successfully separating from its booster before the rocket’s onboard system…

Investment Thesis In my prior article on Berry Global (NYSE:BERY), I emphasized that the core of the thesis lies in observing consistent positive changes quarter after quarter. This shift marks a departure from the prior capital allocation strategies that eroded value by incurring substantial debt and engaging in acquisitions that…

DETROIT — Union members at Ford Motor approved a tentative agreement Friday, concluding contentious contract negotiations between the United Auto Workers and Detroit automakers.UAW-Ford workers were the last of the automakers to ratify their pact after General Motors workers narrowly approved an agreement Thursday and Stellantis workers supported their agreement,…

Super Group (NYSE:SGHC) operates online gambling sites. The company has battled with regulatory changes slowing down Super Group’s plans of significant growth, with a recent exit from the Indian market due to tax changes. If the company’s issues subside in the future, I believe that Super Group is positioned for…

Tesla, SpaceX, and X Corp. leader Elon Musk issued a spate of arguably bigoted tweets on Wednesday that spurred a critical backlash online.First, Musk drew attention to and agreed with an antisemitic conspiracy theory, and then directly accused “Jewish communities,” the non-profit Anti-Defamation League, and minorities of what he called…

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