Flutter Entertainment announced it has stopped sports betting and iGaming operations in Brazil due to new government regulations banning online gaming. This closure is expected to reduce the company's 2026 revenue by about $70 million and adjusted EBITDA by $20 million. Following the announcement, Flutter's stock price dropped nearly 8%. Pomerantz LLP has launched an investigation into whether Flutter and its executives engaged in securities fraud or other unlawful practices related to this issue.
Flutter Entertainment shares are the subject of this news. For readers following Consumer Cyclical stocks, here is Pluang's market snapshot as of Oct 01, 2026 19:45 WIB: Of 112 priced US stocks, 68 rose and 32 fell. Notable movers include Gogoro Inc at USD 3.05 (-2.56%), Arko Corp. at USD 4.02 (-2.43%) with 100% buy order activity, and Peloton Interactive Inc at USD 5.09 (+2.00%).
An analyst at Truist Financial raised Wells Fargo's price target to $95, suggesting a 20.74% upside from its current price. This optimism is driven by expected strong third-quarter earnings of $1.85 per share and $22.34 billion in revenue, surpassing...
Oklo is developing advanced fast-fission reactors to power future data centers and industrial hubs, aiming to lead in carbon-free energy. Piper Sandler reaffirmed an "Overweight" rating on the stock, reflecting confidence in Oklo's growth prospects. ...
Nike is set to release its quarterly earnings on October 1, 2026, with analysts forecasting an EPS of $0.44 and revenue of $11.32 billion, both down from last year. The company's stock has fallen 80% this year, hitting 13-year lows, reflecting a chal...
Lamb Weston is set to report Q3 earnings with analysts forecasting an EPS of $0.59, down from $0.74 last year, and revenue around $1.65 billion, nearly flat compared to the prior year. The company’s "Focus to Win" strategy has generated over $100 mil...
Donald Trump announced a gala dinner for the top 185 holders of his Official Trump (TRUMP) meme coin at Trump National, Washington, DC, on November 22, 2026. The event features a competition on a time-weighted leaderboard, with top prizes including 1...
