Today: 24 May 2026
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NASDAQ:LYV 2 December 2025 - 7 May 2026

Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Ticketmaster Cuts 350 Jobs After Strong Quarter: Inside Live Nation’s Push to Reset Its Ticketing Business

Ticketmaster has laid off about 350 employees, or 8% of its global workforce, affecting staff in 25 countries. The cuts came a day after parent company Live Nation reported a $371 million operating loss, despite revenue growth. The layoffs follow an April jury verdict finding Live Nation and Ticketmaster illegally monopolized U.S. live event markets; penalties remain pending.
7 May 2026
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Why Wall Street Still Backs Live Nation Stock After Wells Fargo Trims Target

Why Wall Street Still Backs Live Nation Stock After Wells Fargo Trims Target

Wells Fargo trimmed its price target on Live Nation to $203, maintaining an overweight rating, as shares rose 2% to $155.73 in New York. The move followed Citizens’ new coverage with an Outperform rating and $190 target. Live Nation reported 2025 revenue up 9% to $25.2 billion and record fan attendance of 159 million. The DOJ settlement still awaits court approval, with several states pursuing separate antitrust claims.
2 April 2026
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Stock Market Today

  • Baytex Energy Completes 2025 Buyback Amid Raised 2026 Production Outlook
    May 24, 2026, 12:19 AM EDT. Baytex Energy (TSX:BTE) concluded its 2025 share buyback, repurchasing 35.1 million shares for CA$174 million, nearly fulfilling a CA$186 million authorization. This reduces shares outstanding significantly and aligns with a stronger 2026 production forecast of 69,000 to 71,000 barrels of oil equivalent per day (boe/d). The heavy oil producer's management emphasizes operational and capital discipline amid ongoing losses. While the improved production outlook and buyback signal near-term growth catalysts, risks remain from potential oil price declines or Canadian heavy oil tariff impacts that could pressure cash flow. Analysts project revenue of CA$1.4 billion and earnings of CA$325.7 million by 2029, reflecting earnings recovery from current losses but a slight revenue dip. The stock's fair value estimate suggests a 4% downside, highlighting investor caution amid volatility.

Latest articles

Exxon Mobil Corporation Wants a Texas Legal Home as Shareholder Battles Mount

Exxon Stock Moves in Holiday Week Trading

24 May 2026
Exxon Mobil shares closed at $154.92 Friday, down 0.24% on the day and 1.9% for the week, ahead of the Memorial Day market closure. The stock retreated from a midweek high as investors weighed possible Venezuela oil deals and volatile crude prices. Exxon’s annual meeting is set for Wednesday, with a shareholder vote on moving its legal home to Texas. Brent crude settled at $103.54 a barrel, posting a weekly loss.
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

SoFi Moves Back Into Focus After Unnoticed Deal

24 May 2026
SoFi closed Friday at $15.62, down 3 cents for the day and nearly flat for the week. Trade publications reported SoFi acquired Peach Finance, a California lending software startup; terms were not disclosed. U.S. stock trading will resume Tuesday after Memorial Day.
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