British financial technology company Zilch recently announced a significant achievement, reporting its first-ever month of profit. This accomplishment represents a pivotal moment for the company as it sets its sights on an eventual initial public offering. Zilch, a major player in the buy now, pay later sector alongside competitors like Klarna and Block, disclosed that
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Steph Curry, a four-time NBA Champion and 10-time NBA All-Star, is already thinking about his life after basketball. In a recent interview with CNBC’s “Squawk on the Street,” Curry discussed his plans for the future, including his businesses and goals post-retirement. The 36-year-old athlete is the owner of a media company called Unanimous Media, as
The return of football marks the anticipation of record-breaking betting in the United States. Recent projections from the American Gaming Association suggest that U.S. adults are expected to wager approximately $35 billion during the upcoming NFL season. This figure represents a significant increase of more than 30% compared to the $26.7 billion wagered during the
As the eligibility for Medicare begins at age 65 for most Americans, many younger retirees turn to Marketplace health insurance for coverage. This option provides lower monthly premiums until the end of 2025, thanks to enhanced tax breaks. The data from the Kaiser Family Foundation shows a significant increase in Marketplace coverage among Americans aged
Nvidia experienced a significant drop on Tuesday, losing a staggering $279 billion in market value in a single day. This marked the fifth time the stock has experienced such a massive loss. The stock plummeted by 9.5% and is now down by 23.3% since June 20. Despite this, Nvidia has managed to maintain a positive
CrowdStrike shares faced a setback in extended trading following the cybersecurity software maker’s strong fiscal second-quarter results announcement. Despite exceeding earnings expectations of $1.04 adjusted per share compared to the anticipated 97 cents, and generating revenue of $963.9 million versus the expected $959 million, the company revised its full-year guidance downwards due to a recent
Nvidia, a leading technology company, recently reported its fiscal second-quarter results which saw its gross margin slightly dip. Despite the revenue beat, the stock faced a decline in premarket trade. The stock was down by 4.6% initially, but managed to recover slightly to slide 1.46%. This indicates a lack of investor confidence in the company’s
In recent years, the labor market has shown signs of strain, with young adults bearing the brunt of the impact. A worrying 16% of 18- to 24-year-olds are currently not employed and not enrolled in high school or college, leading to a categorization as “disconnected youth.” These individuals, also known as NEETs, are choosing to
Ulta Beauty recently faced a setback as their shares dropped by 7% in extended trading after falling short of second-quarter expectations. The company experienced a decline in same-store sales, marking their first earning per share miss since May 2020 and the first revenue miss since December 2020. Comparable sales for the second quarter fell by
In a monumental moment, Warren Buffett’s Berkshire Hathaway made history by reaching a $1 trillion market capitalization, marking itself as the first non-technology company in the U.S. to achieve this milestone. The Omaha-based conglomerate has seen its shares surge by over 28% in 2024, outpacing the S&P 500’s 18% gain. This feat was accomplished just