Workflow
Epic Games CEO Tim Sweeney says 'the long national nightmare of the Apple tax' is over
Business Insider· 2025-06-05 19:25
Tim Sweeney won, and he's out celebrating. After a five-year battle with Apple, Sweeney, the CEO of Epic Games, won a massive victory in court last month. Apple must tear down its proverbial walled garden and allow for more competition and payment methods on its App Store. It will no longer be able to take a 27% fee from US developers who direct users to make purchases externally. And that means that Epic's popular game, Fortnite, is coming back to iOS."Apple's stay is denied by the 9th Circuit Court. The ...
Coca-Cola's Brand Mix Shifts: Is the Zero-Sugar Push Paying Off?
ZACKS· 2025-06-05 19:21
Key Takeaways KO's low and no-calorie drinks now account for 30% of the total volume, led by Coca-Cola Zero Sugar. The debut of Simply Pop and $50M sales from Coca-Cola Orange Cream highlight functional innovation. KO targets Gen Z with tech-driven campaigns like "Share a Coke" and hyper-localized brand storytelling.The Coca-Cola Company (KO) leaned further into its diversified brand portfolio in first-quarter 2025, spotlighting growth across low and no-calorie offerings like Coca-Cola Zero Sugar, which w ...
Deckers Eyes 50% International Sales: Can It Hit the Goal Early?
ZACKS· 2025-06-05 19:21
Key Takeaways DECK's international sales rose 19.9% in Q4, driven by strong performance from HOKA and UGG abroad. HOKA gained shelf space and recognition in top European markets, including the U.K., France and Germany. Deckers aims for 50% of total sales from global markets as U.S. growth slows and overseas momentum builds.Deckers Outdoor Corporation’s (DECK) strong international expansion strategy has played a key role in driving the company’s growth momentum. Both HOKA and UGG significantly contributed ...
SPOT's User Engagement Surges: Will This Lead to Global Dominance?
ZACKS· 2025-06-05 19:21
Key Takeaways Spotify's MAUs rose 10% year over year to 678M in 1Q25, with premium users up 12% to 268M. Growth was driven by emerging markets like Latin America and the Rest of World via localized strategies. AI features like Spotify Wrapped and AI DJ are boosting engagement and converting free users to paid ones.Spotify Technology S.A.’s (SPOT) user growth is instrumental to its global dominance in the audio streaming domain. In the first quarter of 2025, total monthly active users (MAUs) grew 10% year ...
Chewy downgraded by Jefferies over valuation concerns
Proactiveinvestors NA· 2025-06-05 19:17
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Why EchoStar Bounced Back Today
The Motley Fool· 2025-06-05 19:16
EchoStar (SATS 17.04%) shares were bouncing back today, up 10% as of 2 p.m. ET.EchoStar's shares have been under severe pressure since the beginning of the year, but especially in the past week. That's because management decided to not make two separate interest payments on its debt, as it awaits a decision from the FCC regarding its spectrum. Management has a 30-day grace period to do so before the company is technically in default. The spectrum debate has to do with the pace of EchoStar's 5G rollout, and ...
SHAREHOLDER ALERT: Berger Montague Reminds Organon & Co. (NYSE: OGN) Investors of Class Action Lawsuit Deadline
GlobeNewswire News Room· 2025-06-05 19:16
PHILADELPHIA, June 05, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Organon & Co. (“Organon” or the “Company”) (NYSE: OGN) on behalf of purchasers of Organon securities between October 31, 2024 through April 30, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired Organon securities during the Class Period may, no later than JULY 22, 2025, seek to be appointed as a lead plaintiff representa ...
Defiance Silver Corp. Announces Upsize of the Brokered LIFE Offering and Non-Brokered Private Placement for Aggregate Gross Proceeds of up to C$14.5 Million
Newsfile· 2025-06-05 19:16
Defiance Silver Corp. Announces Upsize of the Brokered LIFE Offering and Non-Brokered Private Placement for Aggregate Gross Proceeds of up to C$14.5 MillionJune 05, 2025 3:16 PM EDT | Source: Defiance Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Defiance Silver Corp. (TSXV: DEF) (FSE: D4E) (WKN: A1JQW5) (the "Company", or "Defiance") is pleased to announce that, as a result of strong investor demand, the Company has increased the size of its previously announced " ...
Goldman Refocuses on Investment Banking: Will It Pivot to Profit?
ZACKS· 2025-06-05 19:15
Key Takeaways GS retains the top spot in announced and completed M&A deals in 1Q25 despite sector headwinds. Goldman has exited consumer finance to refocus on high-margin IB and trading businesses. GS's IB revenues fell 8% y/y, but a strong advisory backlog signals potential recovery ahead.The Goldman Sachs Group (GS) reaffirmed its dominance by maintaining its long-standing top position in announced and completed mergers and acquisitions (M&A) in the first quarter of 2025. This underscores the firm’s end ...
Enbridge's Take-or-Pay Contracts: Stability in Volatile Energy Market?
ZACKS· 2025-06-05 19:15
Key Takeaways ENB generates 98% of EBITDA from regulated or take-or-pay contracts, minimizing market volatility More than 80% of ENB's profits come from assets wherein it can raise fees, helping offset rising costs. New pipelines like Matterhorn and Traverse add stable revenues via contracts with investment-grade shippers.The minimization of commodity price volatility and volume risks in Enbridge Inc.’s (ENB) business model stems from regulated or take-or-pay contracts, which support 98% of its EBITDA. Fu ...