StubHub Holdings reported a 33% increase in gross merchandise sales and $106 million adjusted EBITDA in Q2 2026, supported by World Cup ticket sales. The company reduced net leverage to 3x and projects $10.2 billion in revenue and $400 million adjusted EBITDA for 2026. However, management expects flat growth in the near term, which may limit margin expansion. A key risk is share dilution, with shares up 35% in 18 months, but long-term growth could reach 18% CAGR by 2030 if growth resumes and dilution slows.
CoreWeave's stock is projected to nearly double to $166.75 by August 2027, driven by a 112% revenue increase and a $104 billion backlog. Despite heavy cash burn and rising interest expenses, the company is expanding rapidly with strong demand for AI ...
Bitcoin's Relative Strength Index (RSI) surged above 80, reaching levels not seen since November 2024, driven by a massive short squeeze that liquidated over $3 billion in short positions within 24 hours. This forced buying pushed Bitcoin's price fro...
Netflix is developing 'Kildare,' a prequel series set 20 years before Outer Banks, focusing on the social divide between Kooks and Pogues. This new show, created by the original Outer Banks team, aims to explore the origins of the island's class spli...
Eli Lilly has solidified its dominance in the global obesity drug market, maintaining a 60-61% market share in the US despite rising competition and pricing challenges. The company continues to grow through increasing prescriptions and expanding glob...
After nearly 10 months of sideways and downward movement, Bitcoin has reversed course, breaking above its 200-day moving average near $69,000. This shift from bearish to bullish sentiment is driven by traders and funds moving from short positions to ...
