Playtika's stock has gained about 29% since its last Buy rating at $2.87, driven by rapid growth in its direct-to-consumer (D2C) platform, which saw revenue increase 62.8% year-over-year and now accounts for 39.2% of total revenue. Disney Solitaire's strong Q1 revenue of $123.3 million adds to optimism about new game traction. Although adjusted EBITDA margin fell to 16.8% in Q1 due to front-loaded investments, management expects margins to normalize to around 27.3%-27.7% for the full year. The company's valuation remains attractive at 4.2 times forward EV/EBITDA, with potential upside over 200% if 2026 guidance is met, and liquidity and leverage are manageable barring major external shocks.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
