Shareholder News & Breaking Stories

Dallas Mavericks owner Mark Cuban is selling a majority stake to the family behind the Las Vegas Sands casino.

Mark Cuban is working on a deal to sell the Dallas Mavericks to the family that runs the Las Vegas Sands casino.

Berkshire Hathaway Vice Chairman Charlie Munger has died at 99. He helped Warren Buffett build the company into an investment powerhouse.

Investors should hold NVDA stock despite valuation concerns. Nvidia's dominance in AI chips and strategies make it a winner.

High-quality company Microsoft (NASDAQ:MSFT) continues to generate strong results. OpenAI CEO Sam Altman has joined Microsoft, strengthening its position.

Walt Disney Co (DIS) has experienced a -1.76% drop in the last session. The company's revenue is expected to grow.

Disney's quarterly revenue grew 5%, but fell short of expectations. The company announced an ambitious $7.5 billion cost-cutting plan.

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Rivian's announcement of $1.5 billion in convertible notes has caused concern among shareholders, as it implies a continuing cash burn and lack of future revenue. The company also reported a net loss of around $720 million for the fourth quarter. Rivian stock traded down by about 20%.

McDonald's is bringing back the McRib sandwich, using scarcity marketing to create consumer urgency and drive sales. The success of the McRib has even sparked competition in the fast-food industry. McDonald's has a positive financial performance and is an attractive investment for income-focused investors.

Mongolia Growth Group's stock has risen by 14% in the past month. The company's ROE is lower than the industry average, but it has experienced significant net income growth. The company does not pay dividends and reinvests its profits into the business. There are positive factors to consider, but it is important to assess the risks.

Azure Power announces successful 2023 Annual Meeting of Shareholders, including approval of proposals and re-election of directors.

Cisco has agreed to acquire data observability and security company Splunk in a $28 billion deal to develop AI-enabled security solutions.

Billionaire investors are loading up on Apple stock, prompting retail investors to take a closer look. Apple's iPhone ecosystem is strong, and the company continues to share its success with shareholders. While there are concerns about declining sales and a high valuation, many believe Apple is still a good long-term pick.

Chico's FAS, a women's retailer based in Fort Myers, reported a strong second quarter with profits rising to $59.3m.

IBEX Technologies' peers are trading at a higher premium to fair value, suggesting the company may be undervalued.

Nvidia's Q2 earnings exceeded expectations, with revenue at a record $13.51bn, 101% YoY growth, and a 429% YoY increase in earnings per share.

Vivek Ramaswamy, a young presidential candidate, is gaining popularity but faces criticism for his ties to Big Pharma and China.

Apple reports Q3 2023 results with Services offsetting weak iPhone sales, driving total revenue of $81.8 billion.

Uber's shares fell 5.2% after concerns about slowing growth overshadowed the company's first-ever quarterly operating profit.

"Barbenheimer" double feature boosts AMC attendance, breaks box office records

AMC CEO emphasizes the need to raise equity capital for the company's survival.

AMC Entertainment's shares nearly double as court blocks conversion plan.

Microsoft stock reaches new high as AI tool Copilot pricing is revealed.

Coinbase argues recent Supreme Court ruling supports fight against SEC charges.

Indian shares hit record highs as US inflation moderation boosts sentiment.

Meta's Twitter competitor, Threads, has gained 100 million users in a few days, surpassing ChatGPT. Meta's stock has risen over 135% this year, but Fidelity has written down its valuation of Twitter from $44 billion to $15 billion, representing a loss of 65.9%.