Flutter has taken a bold step in the US betting market by buying the last 5% of FanDuel from Boyd for $1.76 billion (£1.3 billion). This deal gives Flutter full ownership of FanDuel, valuing the company at $31 billion (£22.9 billion), and it promises annual savings of $65 million (£48 million) starting July 1st. The…
Bitcoin just hit a major milestone, surpassing $118,000 for the very first time. This isn’t just another price jump. This marks a fresh all-time high, beating the previous record set in the last major bull market. In simple words, Bitcoin is booming again. We’re now in the middle of one of the most exciting crypto…
We begin with exciting news for investors. AMC stock surged 6% after the company announced a 29% year-over-year increase in Q1 net profits. This boost reflects AMC Entertainment’s strong performance and growing confidence in the stock market. The entertainment giant, known for its movie theaters, has shown resilience. With $4.55 billion in revenue over the…
JD Sports, a leading sportswear retailer in the UK, has faced a challenging year. Its share price has dropped by 18% over the past 12 months, and the current dividend yield stands at just 1.1%. For many of us watching the market, that’s a clear signal to pause and dig deeper. So, what’s going on?…
The UK economy has taken a hit. Its Gross Domestic Product (GDP) dropped unexpectedly. This sudden dip in UK GDP has made headlines and shaken confidence. At the same time, the pound has fallen in value. Investors are concerned. And with possible new tariffs on the horizon, things are getting tense. What is GDP and…
Did you know XRP was once the third-largest cryptocurrency by market cap? It’s the token behind Ripple, a company aiming to make cross-border payments faster and cheaper. XRP prediction gains attention as the token returns to the spotlight with signs of a strong breakout. Recently, analysts and traders have spotted strong breakout signals. These are…
The Australian stocks closed slightly lower today, with the S&P/ASX 200 dipping by 0.11% at the end of trading. Although this decline appears small, it reflects a broader sense of caution among investors. Global market trends, domestic uncertainties, and shifting sector performances all played a role in today’s outcome. Market Overview Today’s session on the…
Google is getting ready to give big discounts on its computing cloud services to the U.S. government. Government agencies. This move comes as part of a wider effort by the federal government to cut tech costs and streamline cloud contracts. The General Services Administration (GSA), which manages federal purchasing, is pushing for better deals by…
Bravida has reported strong growth in its profits for the second quarter of 2025, despite facing a 9 percent decline in sales caused by ongoing challenges in the Nordic construction market. This mixed performance shows the company’s ability to adapt and maintain profitability even during difficult times. Why did sales drop but profits rise? This…
Big changes are happening at Telstra. One of Australia’s largest telecom companies is making a bold move. Telstra has announced it will cut 550 jobs as part of a major business reset. This decision is part of a wider effort to refocus the business and improve how it operates in a competitive market. Why Is…