As the football season kicks back into action, it’s expected to bring in record-breaking betting returns. Projections from the American Gaming Association suggest that U.S. adults will wager a staggering $35 billion during this NFL season. This anticipated figure marks a significant increase of over 30% compared to the $26.7 billion wagered during last year’s
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The recent global outage caused by a flawed content configuration update from CrowdStrike has had a significant impact on the cybersecurity software maker’s performance. Despite reporting strong fiscal second-quarter results, the company has seen a 4% drop in its shares in extended trading. This article will delve into the repercussions of the outage on CrowdStrike’s
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Ulta Beauty’s shares plummeted 7% in extended trading after the company failed to meet second-quarter expectations and revised its full-year guidance due to a decrease in same-store sales. This marked the first earnings per share miss for Ulta since May 2020 and the first revenue miss since December 2020. Comparable sales in the second quarter
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On Thursday morning, Gap shares were abruptly halted due to the premature release of the company’s quarterly earnings results. This incident caused uncertainty and confusion among investors, as the information was not intended to be disclosed until after the closing bell on Thursday. The stock trading was paused just before 10 a.m. ET, with Gap’s
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In today’s labor market, young adults are facing significant challenges, with approximately 16% of 18- to 24-year-olds not employed or enrolled in high school or college. This demographic is often referred to as “disconnected youth” or “NEETs.” Many young individuals are opting out of the labor force due to discouragement stemming from their economic situation.
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Berkshire Hathaway, under the leadership of Warren Buffett, recently reached a significant milestone by achieving a $1 trillion market capitalization. This achievement is notable as it marks the first time a non-technology company in the United States has reached this coveted milestone. Despite a challenging economic environment, Berkshire’s stock price has soared, with shares rallying
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