Tom Brady buys ownership stake in sports collectibles company
Seven-time Super Bowl champion Tom Brady is entering the sports collectibles space. Brady will acquire a 50% stake in CardVault, a sports card and memorabilia retailer, the company announced on Wednesday. As part of the deal, CardVault will change its name to “CardVault by Tom Brady,” and is planning to rapidly scale its footprint. Card […]
Third Point boosts its stake in these ‘Magnificent Seven’ stocks — but offloads this one
Daniel Loeb’s Third Point hedge fund sold off its position in Apple in the fourth quarter, while boosting its holdings in electric-vehicle maker Tesla and social-media giant Meta Platforms.
Moderna (MRNA) Q4 earnings 2024
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid vaccine falls. It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the rapid decline […]
The top 5 things no one tells you about retirement
Almost half of retirees struggled in the transition to retirement
Roku shares surge as company halves quarterly losses
Shares of Roku surged more than 10% Friday, at one point reaching a new 52-week high, on earnings that beat Wall Street expectations. In an interview on CNBC’s “Squawk Box,” CEO Anthony Wood said more than half of U.S. broadband households now watch TV with Roku. Wood said the company added more than four million […]
Target Walmart DEI decisions could hurt Black founders
Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the […]
Moderna looks to pipeline to restore battered stock after quarterly loss
COVID-19 vaccine sales topped consensus but RSV sales remain modest
Restaurant Brands International (QSR) Q4 2024 earnings
Restaurant Brands International on Wednesday reported same-store sales growth of 2.5%, fueled by the better-than-expected performance from Burger King’s and Popeyes’ restaurants. Shares of the company were roughly flat in morning trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 81 […]
TikTok returns to Apple and Google app stores. Here’s why that’s a risky move.
TikTok was restored to app stores run by Apple Inc. and Alphabet Inc. on Thursday, after the tech giants were reportedly reassured by the Trump administration that they would not face legal ramifications for doing so.
Zelle payments top $1 trillion in 2024
The Zelle icon is displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year, which it said was the most ever for a peer-to-peer platform. The firm said Wednesday that its user base jumped 12% […]
