By TheStreet Staff The Arena Group, operator of media brands including Sports Illustrated, TheStreet, and Parade, narrowed its loss on 44% higher revenue and a wider gross margin. The Arena Group, (AREN) – Get Arena Group Holdings, Inc. Report the tech…
Arena Group Narrows Loss; Revenue Rises, Gross Margin Widens
By TheStreet Staff The Arena Group, operator of media brands including Sports Illustrated, TheStreet, and Parade, narrowed its loss on 44% higher revenue and a wider gross margin. The Arena Group, (AREN) – Get Arena Group Holdings, Inc. Report the tech…
What Are Critics Saying About Disney’s ‘Doctor Strange in the Multiverse of Madness’?
By Michael Tedder The latest Marvel film is a big swing, but does it connect? Marvel taketh away, and Marvel giveth. This week sees the culmination of Disney+’s (DIS) – Get Walt Disney Company Report warmly received Marvel show “Moon Knight.” But don’t…
Sheryl Sandberg Eviscerates Leaked SCOTUS Roe v. Wade Opinion
By Riley Gutiérrez McDermid Meta Platforms COO Sheryl Sandberg said that the news of potentially overturning established law on abortion rights had created a “scary day.” The revelation of a leaked U.S. Supreme Court majority opinion overturning Roe vs…
Can Uber and Lyft Survive Without Drivers?
By Michael Tedder The demand for ride-sharing is back, but the drivers aren’t. Demand for ride-sharing services for Lyft (LYFT) – Get Lyft, Inc. Class A Report and Uber (UBER) – Get Uber Technologies, Inc. Report plunged heavily during the pandemic, fo…
Lawsuit Claims Activision CEO Sped Up Microsoft Deal to Dodge Liability
By Colette Bennett The lawsuit was filed by a fund of teachers, members of the police force, and firefighters who are shareholders of Activision Blizzard stock. Activision Blizzard’s (ATVI) – Get Activision Blizzard, Inc. Report rocky year had just bee…
Hedge Funder Dalio Says Bubbles Burst for Tech Darlings Tesla, Roku
By Dan Weil ‘Emerging tech stocks no longer appear to be in a bubble,’ said hedge fund mogul Ray Dalio. So is it now time to buy? For several years, many stock watchers have pointed to signs of bubbles in the market. Ray Dalio, founder of Bridgewater, …
Why Wordle is Losing Popularity Fast
By Vidhi Choudhary And The New York Times doesn’t mind. It might be hard to believe that Wordle, an online word guessing game that broke the internet at the start of this year, is not even a year old. But the online game has been through quite a journe…
Levi Strauss Calls Abortion Access a ‘Critical Business Issue.’ Here’s Why.
By Veronika Bondarenko “Efforts to further restrict or criminalise that access would have far-reaching consequences for the American workforce,” the company said in a statement. With a leaked draft opinion now showing that the Supreme Court is ready to…
Fed Delivers 50 Basis Point Rate Hike, Biggest in 20 Years, Sees Further Tightening
By Martin Baccardax “Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures,” the Fed said. The Federal Reserve made its largest rate hike in more than two decades …