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Fanatics aims to become the most valuable sports company, focusing on merchandise, collectibles, and betting.

Market News
18 Jul 2026
CNBC
View Source
Bullish
pluang ai news

Fanatics, led by CEO Michael Rubin, has grown from a sports merchandise retailer into a major global sports platform with revenues nearing $14 billion in 2026. The company dominates sports apparel and has expanded into collectibles, sports betting, and gaming, while launching a branded credit card. Rubin envisions Fanatics as the most valuable company in sports, focusing on enhancing fan experiences rather than entering ticketing or broadcasting. The company plans to develop new business areas leveraging its strong sports relationships but remains committed to its core mission of celebrating fandom and improving fan engagement.

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Ring Energy raises 2026 capex to $168M to boost drilling, aiming 10% production growth in 2027.

Ring Energy raises 2026 capex to $168M to boost drilling, aiming 10% production growth in 2027.

Ring Energy has increased its 2026 capital expenditure budget from $115 million to $168 million to drill more horizontal wells, which is expected to enhance production primarily in 2027. The company projects a 10% production growth in 2027 with a pla...

Market News
Bullish
4 hours ago
Thermo Fisher posts 10% revenue growth, boosted by Pharma and Biotech recovery and strategic acquisitions.

Thermo Fisher posts 10% revenue growth, boosted by Pharma and Biotech recovery and strategic acquisitions.

Thermo Fisher Scientific reported a 10% revenue increase in Q2 2026, driven by 5% organic growth and improved margins. The company’s Pharma and Biotech sectors showed mid-single-digit gains, reflecting a market rebound. Recent acquisitions of Clario ...

Market News
Bullish
4 hours ago
Dogecoin shows strong technical signs for a major move, with whale accumulation and undervaluation hinting at a rally.

Dogecoin shows strong technical signs for a major move, with whale accumulation and undervaluation hinting at a rally.

Dogecoin (DOGE) is exhibiting a rare technical setup characterized by a prolonged sideways price movement around $0.07, an oversold RSI, and significant on-chain undervaluation. Large holders have recently accumulated over 430 million DOGE, reinforci...

Technical Signals
Bullish
4 hours ago
Bitcoin exchange reserves rise amid weak U.S. demand, threatening $62,000 support level.

Bitcoin exchange reserves rise amid weak U.S. demand, threatening $62,000 support level.

Bitcoin exchange reserves are increasing, signaling potential selling pressure as more coins are ready to be sold. This rise coincides with a negative Coinbase Premium Index, indicating reduced buying interest from U.S. investors, a key market for Bi...

Market News
Bearish
5 hours ago
Bitcoin price nears $63K after 47% yearly drop; Strategy's STRC preferred stock returns 9% with 12% dividend.

Bitcoin price nears $63K after 47% yearly drop; Strategy's STRC preferred stock returns 9% with 12% dividend.

Bitcoin's price hovered near $63,069 following a 47% decline over the past year, with key support at $61,126 and resistance at $63,517. Michael Saylor highlighted that Strategy's STRC preferred stock, part of its digital credit products, returned 9% ...

Market News
Neutral
5 hours ago
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