Disney’s ESPN, Penn Entertainment to wind down sports betting partnership, ESPN Bet
ESPN and Penn Entertainment are winding down their sports betting partnership two years after reaching a 10-year agreement.
Here are Thursday’s biggest analyst calls: Nvidia, Apple, Caterpillar, Qualcomm, Robinhood, Snap & more
Here are Thursday’s biggest calls on Wall Street.
Elon Musk expected to prevail in Tesla shareholder vote over CEO’s $1 trillion pay plan
After Tesla ‘s annual shareholders meeting on Thursday, the company is expected to disclose results of the vote on CEO Elon Musk’s pay plan.
Peloton recalls 833,000 more bikes over seat post issue, two injuries reported
Peloton is again doing a recall after receiving reports that the seat post on its original Bike+ model detached and broke during use, leading to two injuries.
CarMax stock falls more than 10% as CEO steps down
CarMax said board member David McCreight, a retail clothing executive who has served as CEO of Lulu’s Fashion Lounge Holdings, will serve as interim CEO.
Google’s rolling out its most powerful AI chip, taking aim at Nvidia with custom silicon
Google says Ironwood, the seventh generation of its Tensor Processing Unit, is more than four times faster than its predecessor chip.
Job cuts in October hit highest level for the month in 22 years, Challenger says
Job cuts for October totaled 153,074, a 183% surge from September.
Qualcomm delivered strong earnings and guidance. Here’s why the stock is falling
Qualcomm delivered a fiscal fourth-quarter earnings and revenue beat, but that may not have been enough to satisfy some investors.
Charles Schwab to buy private shares platform Forge Global in $660 million deal
Charles Schwab on Thursday agreed to buy private shares platform Forge Global in a deal valued at $660 million.
Eli Lilly to start late-stage trials on amylin obesity drug after it shows up to 20% weight loss in study
The highest dose of Eli Lilly’s weekly injection helped patients with obesity or who are overweight lose 20.1% of their body weight on average at 48 weeks.