Browse Category

Business Strategy News 19 October 2025 - 6 November 2025

PENN Entertainment Q3 2025: $1.72B Revenue, GAAP Loss of $6.03/Share as Company Ends ESPN Bet Alliance and Pivots to iCasino

PENN Entertainment Q3 2025: $1.72B Revenue, GAAP Loss of $6.03/Share as Company Ends ESPN Bet Alliance and Pivots to iCasino

WYOMISSING, Pa. — PENN Entertainment (NASDAQ: PENN) reported third‑quarter revenue of $1.717 billion and a GAAP diluted loss of $6.03 per share on a net loss of ~$865 million for the quarter ended September 30, 2025. Alongside results, PENN and ESPN announced a mutual early termination of their U.S. online sports‑betting partnership, effective December 1, 2025, with PENN set to…
Ripple Says ‘No IPO’ — $40B Valuation, $500M Round, and Mastercard RLUSD Pilot Define Its 2026 Game Plan (Nov. 6, 2025)

Ripple Says ‘No IPO’ — $40B Valuation, $500M Round, and Mastercard RLUSD Pilot Define Its 2026 Game Plan (Nov. 6, 2025)

NEW YORK — Ripple is shutting the IPO window for now. At the company’s Swell conference this week, President Monica Long said there is “no plan, no timeline” to take Ripple public, even as the firm locks in fresh capital, expands payments with its RLUSD stablecoin, and steps up acquisitions. Bloomberg What’s new today Why Ripple is skipping an IPO…
Anthropic’s Private Shares Soar to $185 Amid AI Frenzy – $183B Valuation, Major Deals & $1.5B Lawsuit

Cognizant’s Massive AI Bet: 350,000 Employees to Get Anthropic’s Claude as Stock Outlook Soars

Cognizant and Anthropic Forge a Landmark AI Alliance Cognizant – one of the world’s largest IT consulting and services firms – announced a broad partnership with Anthropic, the San Francisco AI company behind the Claude chatbot. On November 4, 2025, Cognizant revealed it has begun deploying Anthropic’s Claude large language model across its client-facing platforms and will extend access to…
Former Deloitte Chair Joins Conduent Board – Can His Expertise Turn the Tide?

Former Deloitte Chair Joins Conduent Board – Can His Expertise Turn the Tide?

A Big-Name Appointment: Who Is Michael J. Fucci? Conduent’s decision to add Michael J. Fucci to its board brings a high-profile leader into the fold. Fucci is best known for his tenure as Chairman of Deloitte US from 2015 to 2019, where he provided governance and strategic oversight at one of the “Big Four” consulting firms Businesswire. During his 40-year…
ChatGPT Crashes Worldwide — Downdetector Alarms, OpenAI Responds, Markets React

OpenAI’s Half-Trillion Restructuring Hands Microsoft a $135 B Stake – and Revs Up the ‘AGI Arms Race’

OpenAI Restructures at $500 B: Nonprofit Control Meets For-Profit Ambition In a milestone moment for the AI industry, OpenAI has officially restructured itself to unite a half-trillion-dollar for-profit business with its original nonprofit mission. The company announced on Oct. 28 that it “completed its recapitalization, simplifying its corporate structure”, with the nonprofit arm retaining control over the newly created OpenAI Group PBC…
Accenture’s Name Change Secret & AI Leap: How “Accent on the Future” Ignited 25 Years of Growth – and What’s Next for Its Stock

Accenture’s Name Change Secret & AI Leap: How “Accent on the Future” Ignited 25 Years of Growth – and What’s Next for Its Stock

“Accent on the future”: The 2000 Rebrand Breakthrough In late 2000 Andersen Consulting, under pressure from a legal split with Arthur Andersen, raced to find a new brand. A worldwide naming contest – dubbed “brandstorming” – called on 65,000 employees to submit and vote on options Emegypt Indiatimes. Landor Associates and Accenture partners sifted through some 550 candidates (51 legally…
Volkswagen’s Bold Gambit: Used-Car Boom & Rental Push to Revive Profits (Plus One Driver’s Harrowing Pond Rescue!)

Volkswagen’s Bold Gambit: Used-Car Boom & Rental Push to Revive Profits (Plus One Driver’s Harrowing Pond Rescue!)

In summary, Volkswagen is doubling down on used-car and rental strategies to bolster revenues amid a tough market. Its finance arm is aggressively marketing pre-owned vehicles (a proven profit center) and expanding mobility offerings through partners like Europcar. At the same time, VW must navigate industry challenges – from chip shortages to collapsing used-EV values and fierce competition from Chinese…
29 October 2025
Verizon’s Q3 Surprise: Earnings Beat, Subscriber Surge & Bold 5G Moves Under New CEO

Verizon’s Q3 Surprise: Earnings Beat, Subscriber Surge & Bold 5G Moves Under New CEO

Q3 2025 Earnings – Profits Up, Sales Flat but Subscribers Impress Verizon’s third-quarter results delivered a mixed bag, topping profit expectations while coming in just shy on revenue. Adjusted earnings of $1.21 per share beat consensus by $0.02 Seattlepi, even as revenue of $33.8 billion (about 3% year-over-year growth) was a tad below the ~$34.2 billion anticipated Seattlepi Investing. This marks a…
Accenture’s Bold AI Gamble: Layoffs, Stock Rally and 25-Year Anniversary Unveiled

Accenture’s Bold AI Gamble: Layoffs, Stock Rally and 25-Year Anniversary Unveiled

Accenture at a Glance Accenture (NYSE: ACN) is a global consulting and technology services firm (home to ~779,000 employees). It began as Andersen Consulting (part of Arthur Andersen) and renamed to “Accenture” in 2001 after winning independence. The rebranding cost about $170M in advertising at the time, but the name stuck as a clever shorthand for “accent on the future”…
AI Alliance Ignites Lumen (LUMN) Stock Surge Amid Bold Turnaround Moves

AI Alliance Ignites Lumen (LUMN) Stock Surge Amid Bold Turnaround Moves

Lumen Stock Rallies on Game-Changing Palantir Partnership Lumen’s new multi-year AI alliance with Palantir is a cornerstone of its transformation strategy, aiming to fuse advanced data analytics with Lumen’s global network. The deal is seen as a bold bid to monetize AI at scale, and it immediately boosted market sentiment toward LUMN stock. Lumen sent shockwaves through the telecom and…
Winn-Dixie’s Big Rebrand: Grocer Abandons Alabama to Focus on Florida Boom

Winn-Dixie’s Big Rebrand: Grocer Abandons Alabama to Focus on Florida Boom

Winn-Dixie Co. Rebrand and Store Divestitures On Oct. 21, Southeastern Grocers (SEG) announced it will drop the Southeastern Grocers name and unify under the Winn-Dixie brand in early 2026, concentrating on its Florida market Grocerydive Pulseratings. In a press release Hucker explained, “For a century, Winn-Dixie has proudly called Florida home… as we enter our next century as The Winn-Dixie…
1 3 4 5 6 7

Stock Market Today

  • Advantest Shares Surge 8.4% on Upgraded Guidance and Treasury Share Cancellation Plans
    February 1, 2026, 11:43 AM EST. Advantest Corporation (TSE:6857) stock jumped 8.4% after the company posted record nine-month results and raised its March 2026 full-year guidance to ¥1.07 trillion in net sales and ¥454 billion in operating income. The boost comes amid strong demand for AI-related semiconductor testers. The board is also considering cancelling treasury shares, which would reduce the equity base and potentially increase earnings per share. Despite the upbeat outlook, high valuation multiples and market cyclicality present risks. Investor sentiment remains vulnerable to any slowdown in tester demand, with fair value estimates for Advantest ranging widely between ¥8,300 and ¥19,200, reflecting divided investor views on its premium pricing and growth prospects in advanced semiconductors.
Go toTop