Big data has been changing the state of business for years. More companies than ever are shifting towards digital business models. They are finding new ways to leverage data analytics and AI technology to maximize their ROI. E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be […]
After shedding more than a quarter of its value last week, DraftKings (NASDAQ:DKNG) is dealing with more bad news today. At least eight Wall Street analysts are cutting price targets on the downtrodden sports betting stock. Adding insult to injury, three of those price estimate revisions are at $19, implying only modest upside from the […]
Online sportsbook operators are known for spending big to attract customers, and DraftKings (NASDAQ:DKNG) is no exception to that trend. But at least one analyst is concerned about the company’s promotional expenditures eating at fourth-quarter net gaming revenue (NGR). In a note to clients, Roth Capital analyst Edward Engel says that while DraftKings’ gross gaming […]
Acutus Medical, Inc., an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated, announced a corporate restructuring as well as its preliminary unaudited revenue for the quarter and full year ended December 31, 2021.
DraftKings (NASDAQ:DKNG) and FanDuel are two of the most obvious rivals in the daily fantasy sports (DFS) and sports wagering industries. Both are missing out on a coveted media asset. The New York Times Co. (NYSE:NYT), owner of the eponymous newspaper, is reportedly acquiring The Athletic for $550 million. The Athletic is a subscription-based sports […]
Cathay Pacific Airways made this announcement:
Cathay Pacific has released its traffic figures for August 2021 that continued to reflect the airline’s substantial capacity...
MONTREAL, July 23, 2021 /CNW Telbec/ – Air Canada today reported financial results for the second quarter 2021. Operating revenues of $837 million, an increase...
Air Canada today reported financial results for the second quarter 2021.
Operating revenues of $837 million, an increase of $310 million or 59 per cent from the...