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Dave & Buster’s looks to hone marketing message
Yahoo Finance· 2025-09-16 20:15
You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Dave & Buster’s Entertainment Inc. plans to sharpen its marketing message in the last half of the year, focusing on a revamped menu, the new CEO said Monday in a second-quarter earnings call. Tarun Lal, who was named CEO of the Coppell, Texas-based company in July, said the parent of Dave & Buster’s and Main Event’s previous marketing had confused the customers. “We are currently working on simplifying the messaging, and ...
Crude Oil Rises Over 2%; Bionano Genomics Shares Plunge - GD Culture Group (NASDAQ:GDC), Bionano Genomics (NASDAQ:BNGO)
Benzinga· 2025-09-16 17:41
U.S. Stock Market - U.S. stocks traded mostly lower, with the Dow Jones index falling more than 150 points, down 0.37% to 45,713.02 [1] - NASDAQ fell 0.03% to 22,341.05, and S&P 500 dropped 0.14% to 6,605.77 [1] - Energy shares increased by 1.1%, while utilities stocks fell by 0.8% [1] Company Performance - Dave & Buster's Entertainment Inc. reported second-quarter revenue of $557.41 million, missing analyst estimates of $562.78 million [2] - Adjusted earnings for Dave & Buster's were 40 cents per share, below estimates of 92 cents per share [2] Commodities - Oil prices increased by 2.2% to $64.70, while gold rose by 0.2% to $3,726.00 [5] - Silver traded up 0.1% to $43.000, and copper fell 0.1% to $4.7120 [5] European Markets - European shares were lower, with the eurozone's STOXX 600 falling 0.86% [6] - Spain's IBEX 35 Index decreased by 1.30%, and London's FTSE 100 fell 0.74% [6] Asian Markets - Asian markets closed mostly higher, with Japan's Nikkei gaining 0.30% and India's BSE Sensex increasing by 0.73% [7] Notable Stock Movements - Turbo Energy, S.A. shares surged 408% to $13.72 after securing a $53 million contract for energy storage projects in Spain [8] - WEBTOON Entertainment Inc. shares rose 28% to $19.13 following a non-binding agreement with Disney [8] - Jumia Technologies AG shares increased by 22% to $11.90 after an upgrade from RBC Capital [8] - Bionano Genomics, Inc. shares dropped 41% to $1.6398 due to a $10 million public offering announcement [8] - GD Culture Group Limited shares fell 19% to $7.84 after entering a share exchange agreement [8] - Next Technology Holding Inc. shares decreased by 17% to $23.79 after filing for a stock shelf of up to $500 million [8] Economic Indicators - U.S. business inventories increased by 0.2% month-over-month in July, aligning with market estimates [11] - The NAHB/Wells Fargo Housing Market Index remained steady at 32 in September [11] - U.S. industrial production rose by 0.1% in August, exceeding market expectations [11] - U.S. retail sales increased by 0.6% month-over-month in August, surpassing expectations [11] - Export and import prices both rose by 0.3% in August [11]
These Analysts Cut Their Forecasts On Dave & Buster's After Downbeat Q2 Results - Dave & Buster's Enter (NASDAQ:PLAY)
Benzinga· 2025-09-16 15:10
Dave & Buster's Entertainment Inc PLAY posted weaker-than-expected results for the second quarter on Monday.Dave & Buster’s reported second-quarter revenue of $557.41 million, missing analyst estimates of $562.78 million, according to Benzinga Pro. The entertainment and dining company reported adjusted earnings of 40 cents per share, missing estimates of 92 cents per share."We operate strong brands, with an exceptional business model across a unique national footprint. In my first several weeks, I've visite ...
Dave & Buster's Entertainment stock plunges 16% on weaker than expected Q2 results
Invezz· 2025-09-16 15:10
Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) saw its shares sink more than 16% on Tuesday after the entertainment and dining chain reported fiscal second-quarter 2025 earnings that missed analys... ...
These Analysts Cut Their Forecasts On Dave & Buster's After Downbeat Q2 Results
Benzinga· 2025-09-16 15:10
Dave & Buster's Entertainment Inc PLAY posted weaker-than-expected results for the second quarter on Monday.Dave & Buster’s reported second-quarter revenue of $557.41 million, missing analyst estimates of $562.78 million, according to Benzinga Pro. The entertainment and dining company reported adjusted earnings of 40 cents per share, missing estimates of 92 cents per share."We operate strong brands, with an exceptional business model across a unique national footprint. In my first several weeks, I've visite ...
GOOGL €5B U.K. Investment, TSM Price Target Hike, PLAY Plunges
Youtube· 2025-09-16 14:01
Alphabet Google - Alphabet Google has joined the exclusive club of companies with a market cap exceeding $3 trillion, alongside Nvidia, Microsoft, and Apple [2][4] - The company's shares have seen significant gains, up more than 30% in 2025, outperforming both the S&P 500 and NASDAQ [2][3] - A favorable ruling in an antitrust case regarding Chrome provided a major catalyst for the stock's rise [2][3] - Alphabet announced a £5 billion investment in the UK, translating to approximately $6.8 billion, aimed at establishing a data center to meet rising AI demand [4][5] - This investment is expected to create over 8,000 jobs and reflects strong confidence in Alphabet's growth prospects [5] Taiwan Semiconductor Manufacturing Company (Taiwan Semi) - Barclays has raised its price target for Taiwan Semi from $275 to $335, reaffirming an overweight rating, indicating confidence in the company's long-term growth [6][8] - AI demand is a key driver for Taiwan Semi, distinguishing it from other European tech hardware companies that may not benefit as directly from AI [7][8] - Despite some near-term market risks, long-term estimates through 2027 appear attractive, suggesting supportive valuations for the stock [8][9] - Taiwan Semi shares have increased by more than 30% year-to-date, reflecting strong market performance [9] Dave and Buster's - Dave and Buster's shares have experienced a significant decline following disappointing quarterly results, with adjusted EPS at 40 cents, missing forecasts [10][11] - Revenue was reported at $557.4 million, flat year-over-year and below expectations, with comparable sales down 3%, worse than analyst predictions [11][12] - Despite overall strength in retail sales, particularly in food and drinks, Dave and Buster's has struggled to resonate with consumers, particularly in the entertainment segment [12]
Futures Point Higher as Fed Meeting Kicks Off, Tech Giants Drive Premarket Gains
Stock Market News· 2025-09-16 13:08
U.S. stock futures are pointing to a broadly positive open on Tuesday, September 16, 2025, as investors eye the commencement of the Federal Reserve's highly anticipated two-day policy meeting. Major tech companies are leading the premarket charge, building on Monday's record-setting performance for the S&P 500 and Nasdaq Composite. Optimism surrounding potential interest rate cuts and positive developments in U.S.-China trade talks continue to fuel investor sentiment.Premarket Trading Activity and Futures M ...
Webtoon stock jumps over 37% in premarket after Disney unveils stake plan and comics platform
Invezz· 2025-09-16 12:49
Core Viewpoint - Shares of Webtoon Entertainment experienced a significant increase following Disney's announcement to acquire a minority stake in the company and collaborate on developing a new digital platform [1] Company Summary - Webtoon Entertainment is a South Korean storytech company that focuses on digital content [1] - The acquisition by Disney indicates a strategic partnership aimed at enhancing Webtoon’s platform and expanding its market reach [1] Industry Summary - The digital content industry is witnessing increased interest from major players like Disney, highlighting the growing importance of digital storytelling and content consumption [1] - The collaboration between a traditional media giant and a digital content provider reflects the ongoing trend of convergence in the entertainment industry [1]
X @Bloomberg
Bloomberg· 2025-09-16 11:50
Government Policy & Economic Stimulus - China announced measures to stimulate domestic demand [1] - The measures focus on promoting consumption of services like sports and entertainment [1]