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Business News News 23 October 2025 - 25 October 2025

DraftKings Bets Big: Railbird Acquisition and NBC Deal Ignite Investor Frenzy

DraftKings Bets Big: Railbird Acquisition and NBC Deal Ignite Investor Frenzy

Record Revenue, Rising Margins Drive Optimism In early August, DraftKings reported blowout Q2 results – revenue of $1.51 billion (up 37% YoY) and adjusted EBITDA of $301 million, more than double the prior record Investing. Management noted strong sportsbook hold and growth in monthly active users. CEO Jason Robins said, “We set records for revenue, net income and Adjusted EBITDA in the…
25 October 2025
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Newegg Commerce (NEGG) Stock Rockets on AI & “Meme” Hype — 688% YTD Gains, CEO Upgraded to Board

Newegg Commerce (NEGG) Stock Rockets on AI & “Meme” Hype — 688% YTD Gains, CEO Upgraded to Board

Stock Price & Trading Trends Newegg has been on a wild ride. From a mid-Aug high near $133 Investing, shares drifted down into the $40s–50s in October before exploding higher this week. On Oct 23 NEGG closed $47.37 (up +7.03% on the day) Stockinvest, bouncing off a low of $43.00 and high of $47.54 intraday. Trading volume that day was…
25 October 2025
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ASST Stock Surges on Bitcoin Deals – Strive’s Bold Strategy Explained

ASST Stock Surges on Bitcoin Deals – Strive’s Bold Strategy Explained

Stock Rally on Major Bitcoin Deals Strive’s stock has seen wild swings recently. After trading in the 30s–90s cents for most of 2025, ASST spiked over $1 on Oct 24 Stockanalysis. This jump came as investors digest several blockbuster moves. In late September the company announced it would acquire medical-tech firm Semler Scientific in an all-stock merger – a deal…
24 October 2025
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2025 Porsche 911 S/T: Legend Reborn – The Ultimate Analog 911 Driving Machine

Porsche Crashes: 96% Profit Plunge Triggers €1B Quarterly Loss – What’s Next?

Why Profits Cratered: Apart from tariffs, Porsche cited a sudden about-face on its EV strategy. In September the company scaled back its electrification plan, shelving plans for a proprietary battery factory and slowing EV projects. These moves triggered one-time charges and raised doubt about future growth. CEO Blume (soon to step down) had to admit that Porsche’s “shift to electric…
24 October 2025
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Western Union Stock Edges Up on Q3 Beat – CEO Calls Crypto an “Opportunity”

Western Union Stock Edges Up on Q3 Beat – CEO Calls Crypto an “Opportunity”

Investors will be watching WU’s short-term outlook as it delivers Q4 results and commentary. Wolfe notes management’s plan to stabilize its core retail business, re-accelerate digital growth, and diversify into new financial services Investing. In the near term, stock momentum may hinge on whether retail volumes recover after a 2024 slump, and whether earnings forecasts hold up under higher interest…
24 October 2025
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P&G Earnings Smash Estimates – Beauty Boom and Razors Fly Off Shelves in Q1

P&G Earnings Smash Estimates – Beauty Boom and Razors Fly Off Shelves in Q1

Procter & Gamble’s Q1 report beat expectations across the board. Revenue of $22.39 billion (vs. ~$22.17B forecast) and core EPS of $1.99 (vs. $1.90) both topped consensus Marketscreener. In a statement, P&G credited resilient consumer demand for premium brands. For example, its beauty brands (Pantene, Olay, etc.) delivered roughly 6% organic growth Finimize – a bright spot after weaker quarters.…
24 October 2025
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Palantir-Lumen AI Deal Sparks Stock Rally – CEO Warns of “Arms Race”

Palantir-Lumen AI Deal Sparks Stock Rally – CEO Warns of “Arms Race”

Palantir and Lumen Forge a New AI Infrastructure Alliance On Oct. 23, Palantir Technologies and Lumen Technologies unveiled a “multi-year, multi-million-dollar” strategic partnership to fuse Palantir’s AI/data platform with Lumen’s high-speed networking. According to the official release, the alliance will help enterprises “deploy AI faster and more securely” by combining Palantir’s Foundry/AIP software with Lumen’s next-generation “Connectivity Fabric” Businesswire. Bloomberg News…
24 October 2025
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Target Shocks Workers: 1,000 HQ Jobs Cut Before Christmas – Retail Giant’s Woes Deepen

Target Shocks Workers: 1,000 HQ Jobs Cut Before Christmas – Retail Giant’s Woes Deepen

Layoffs Details & Rationale Target announced on Oct. 23 that its Twin Cities headquarters will shed about 1,000 corporate positions and close another 800 open jobs Axios Foxbusiness. About 80% of the cuts are U.S.-based, mostly managers Foxbusiness. The company says this eliminates roughly 8% of HQ staff and is aimed at speeding up decision-making. “To better serve our guests,…
24 October 2025
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Target Stock Crash: Shares Dive to Multi-Year Lows Amid CEO Shakeup and Retail Woes

Target Stock Crash: Shares Dive to Multi-Year Lows Amid CEO Shakeup and Retail Woes

Market Snapshot: Price and Performance As of mid‑October 2025, Target’s stock remains under heavy pressure. At the close on Oct. 22, 2025, TGT was about $94 Stockinvest, with the stock hovering just above its 52-week low (≈$85). TradingView reports TGT at $94.25 USD on Oct. 23, up ~0.2% on the day Tradingview, but still far below last year’s highs. This…
23 October 2025
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Ford (F) Stock Plunges After Supplier Fire and EV Slump — Can It Rebound?

Ford’s Wild Stock Ride: $1B Fire, Tariffs & EV Woes Rock Investors

Ford’s Recent News and Performance In the days leading up to Oct. 23, Ford’s news cycle was dominated by mixed developments. A mid-September fire at a Novelis aluminum plant (a key F-150 supplier) is expected to shave $0.5–$1 billion off Ford’s 2025 profit ts2.tech. When this hit became public, Ford’s stock plunged ~6–7% on Oct. 7, briefly dipping from the high-$12s into the…
23 October 2025
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Stock Market Today

  • AI Forecasts Moderate Stock Market Growth Through 2026 with Long-Term Uncertainty
    January 31, 2026, 10:50 AM EST. Leading AI chatbots ChatGPT, Grok, and Gemini predict the U.S. stock market will continue moderate growth through 2026, with returns ranging from high single digits to low double digits. Gemini projects the S&P 500 could rise by 9% to 12%, aligning with Goldman Sachs' 12% forecast. Tech stocks have driven recent gains, but healthcare, industrials, and small-caps are expected to gain traction as interest rates stabilize. Beyond five years, AI forecasts suggest average annual returns may slow to 4%-7%, influenced by high valuations and demographic shifts. Optimistic scenarios hinge on AI-driven economic transformation, though potential volatility remains amid uncertainties in earnings and adoption rates.
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