SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " revenue " 1,493 found 🔀 AI-powered Shuffle
This 57-Year-Old’s Cheesy, ‘Wildly Fun’ Business Averages $3,200 a Month and Is Headed for $100,000 a Year: ‘Revenue Right Away’
Kiersten Bartlett revamped a beloved childhood snack.
Xbox layoffs planned as CEO Asha Sharma orders business reset
The Microsoft gaming unit's accountability margin has fallen to 3%, and revenue declined nearly half a billion dollars over five years
Social Security is Facing a Political Crisis
On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.
Assessing Accel Entertainment (ACEL) Valuation After A Mixed Q1 Earnings Beat And Modest Share Price Reaction
Q1 report and tempered market reaction Accel Entertainment (ACEL) recently posted its Q1 results, with revenue up 8.5% year over year and ahead of analyst expectations, while earnings per share also beat forecasts but adjusted operating income fell short. The stock has seen a modest move higher since the release, suggesting that investors are weighing stronger top line and EPS figures against the softer adjusted operating income performance as they reassess the company’s current setup. See...
French Quarter businesses struggle during construction as city launches support efforts
Businesses in New Orleans' French Quarter are facing reduced foot traffic and revenue due to construction projects, prompting the city to implement initiatives to help them stay afloat.
Radial Entertainment Hires Brendon Thomas as Chief Revenue Officer
Radial Entertainment has hired former Paramount Global exec Brendon Thomas as its new chief revenue officer.
Radial Entertainment Hires Former Paramount Global Exec Brendon Thomas as Chief Revenue Officer
Former Paramount Global exec Brendon Thomas has joined Radial Entertainment as the company’s new chief revenue officer. At Radial he’ll handle revenue generation through the company’s library and acqu...
Sports wagering revenue nears $300M since 2024 launch
With a third consecutive month of $11.5 million or more, North Carolina moved within $826,700 of $300 million in proceeds from legal sports wagering in May, two years after launch.
POP Culture Group Reports Revenue Growth of 65%, Driven by Digital Entertainment Expansion (CPOP)
Strong gains in digital entertainment helped boost revenue and operating income, highlighting a shift toward higher-growth business segments. Key Investor TakeawaysPOP Culture Group reported revenue growth of 65% year over year for the six months ended December 31, 2025.
POP Culture Group Reports Stellar Half-Year Results: Robust Business Growth with Revenue Surging 141% Year-Over-Year
During the reporting period, the Company recorded net revenue of $68,902,790, representing a year-over-year increase of 65% compared to $41,813,266 in the same period of 2024, marking a leapfrog expansion in business scale. Revenue from the digital entertainment segment increased from $37.18 million for the six months ended December 31, 2024 to $66.57...
$100 million revenues for sports card sellers? Inside the race to own the live-selling market
Today, more hobbyists than ever are building their collections from the couch with millions of sports cards instantly accessible through their phone. This has made live selling the latest frontier in the sports card industry. It’s where live auctions meet the modern version of the home shopping channels that found success in the 1980s and ‘90s, but the sellers are using platforms like Whatnot, Fanatics Live and eBay Live to build their own proprietary businesses while those larger entities jockey for position in a rapidly growing market. Social commerce in the United States grew an...
Volvo Eyes $3 Billion Autonomous Truck Business in Five Years
Volvo AB expects revenue from autonomous transportation to approach $3 billion within five years after starting driverless operations on US highways in a few months.
Truist says Meta has found its next $20 billion business, stock set to gain more than 40%
Analysts at Truist estimate Meta's new subscription model could generate over $20 billion in revenue by 2030.
Colorado Scales Back Software and Other Business Tax Exemptions
Colorado Gov. Jared Polis (D) signed legislation repealing a series of business tax exemptions to raise revenue for an expanded working families tax credit and balance out revenue gaps resulting from President Donald Trump’s 2025 tax law.
Sam Altman's eye-scanning startup lays off staff
Tools for Humanity has struggled to show how its iris-scanning "Orb" can generate revenue. Now it's laying off employees.
Will Congress change NFL broadcast rules and hurt the Packers?
Green Bay Packers and NFL officials fear that Congressional efforts to update media laws could threaten team revenue.
GBTA: U.S. business travel spending hits record $538.5B in 2024
Business travel spending in the U.S. | The report—based on 2024 data—found that business travel accounted for 2.1 percent of total U.S. GDP and generated $148.6 billion in federal, state and local tax revenue.
Assessing Melco Resorts & Entertainment (NasdaqGS:MLCO) Valuation After Stronger Macau Revenue Growth And Market Share Gains
Melco Resorts & Entertainment (MLCO) is drawing fresh attention after its Macau properties delivered year on year and sequential growth in gross gaming revenue and EBITDA, alongside a 1.3 percentage point gain in market share. See our latest analysis for Melco Resorts & Entertainment. Despite the stronger Macau showing, the share price tells a mixed story, with a 6.15% 1 month share price return and a year to date share price decline of 24.10%, alongside a 1 year total shareholder return...
South Korea's Lee says success of business should be shared, plans surplus tax revenue use
South Korean President Lee Jae Myung said on Monday the gains of business success should be shared throughout society and the government will devise a plan to effectively use the surplus tax revenues generated from the country's semiconductor sector.
AI companies are rapidly expanding into each other's markets
Companies are ruthlessly invading each other's turf. Ever-increasing valuations mean companies need to find new sources of revenue.
Is Macau Outperformance And Community Investment Altering The Investment Case For Melco Resorts & Entertainment (MLCO)?
In the first quarter of 2026, Melco Resorts & Entertainment’s Macau properties generated 87% of group gross gaming revenue and 75% of EBITDA, with both metrics expanding year-on-year and quarter-on-quarter alongside a 1.3 percentage point gain in Macau gross gaming revenue market share. This outperformance in Macau, coupled with Melco’s ongoing support for inclusion-focused events such as the 2026 Inclusion Conference & Festival and the Macau Golf Masters, highlights how operational strength...
How Six Flags’ Expanded Membership Model At Six Flags Entertainment (FUN) Has Changed Its Investment Story
In recent weeks, Six Flags Entertainment Corporation expanded its flexible Membership program to six additional parks, introducing year-round, multi-park access with regional tiered options and low monthly payments to strengthen guest loyalty and recurring revenue. This shift toward a subscription-style model is material because it increases revenue predictability, deepens customer engagement, and may reshape how investors assess the resilience of Six Flags’ business. We’ll now examine how...
Waco small business owners brace for summer slump as students leave town
Waco small business owners share how they plan for steep summer revenue drops when college students leave town each year.
Looking for revenue, NC lawmakers agree to raise taxes on sports gambling operators
Lawmakers have discussed other ways to increase revenue through gambling and the state lottery, people familiar with the negotiations tell WRAL.
OpenAI plans ChatGPT 'superapp' overhaul ahead of listing, FT reports
OpenAI is planning its biggest ChatGPT overhaul yet, aiming to turn it into a "superapp" with coding tools and AI agents to boost revenue ahead of a planned share listing, the Financial Times reported on Sunday.
Assessing Tencent Music Entertainment Group (NYSE:TME) Valuation After A Prolonged Share Price Decline
Recent performance snapshot Tencent Music Entertainment Group (TME) has been under pressure, with the stock down 2.4% on the day, 1.5% over the past week, and 33.9% over the past 3 months. Over the past year, the stock has declined 48.1%. The current share price is US$9.08 and the market value is about US$14.3b, with reported annual revenue of CN¥33,441 and net income of CN¥8,856. See our latest analysis for Tencent Music Entertainment Group. For context, the stock’s 1 year total shareholder...
Southwest eyes deeper revamp; MAX 7 service seen in 2027
Southwest Airlines expects Boeing's long-delayed 737 MAX 7 to enter revenue service in 2027, about six months after the aircraft is certified by the U.S. Federal Aviation Administration, Chief Operating Officer Andrew Watterson told Reuters on Saturday.
Google to pay SpaceX $920 million a month for compute capacity
SpaceX secured a $920M per month deal with Google for compute capacity, boosting its revenue before an anticipated IPO.
Spurs enter NBA Finals while sports bets boom in revenue, despite remaining illegal in Texas
Santa Clara County businesses eye World Cup boost after Super Bowl brings in $195M
A massive wave of economic revenue poured into the Bay Area during Super Bowl week, signaling a major financial victory for local economies as the region prepares for its next giant sporting event.
China's solar majors charge into batteries as panel sales falter
China's major solar panel manufacturers are ramping up higher-margin battery exports to boost revenue as growth in photovoltaic (PV) sales slows, betting on rising global demand for renewable energy storage to cut reliance on fossil fuels.
Farmers turn social media videos into revenue stream to support business
Farmers Zoe Kent and Nick Welker explain how they’ve leveraged social media to generate significant income on ‘The Bottom Line.’
Allen Greene is making a bet big on Pitt football and basketball. Will his gamble create a 'launching pad' for NIL growth?
Pitt athletic director Allen Greene has a strategy to boost NIL fundraising efforts: Bet big on the two sports that generate the most revenue. During a...
Eastern Kentucky addiction, behavior health center owner indicted on federal charges in fraud scheme
Timmy G. Robinson Jr. faces one count of wire fraud and two counts of money laundering in a scheme to allegedly defraud two potential buyers of a multi-million dollar Employee Retention Credit offered to certain employers by the Internal Revenue Service, who paid workers qualified wages during and were affected by the COVID-19 pandemic.
Eastern Kentucky addiction, behavior health center owner indicted on federal charges in fraud scheme
Timmy G. Robinson Jr. faces one count of wire fraud and two counts of money laundering in a scheme to allegedly defraud two potential buyers of a multi-million dollar Employee Retention Credit offered to certain employers by the Internal Revenue Service, who paid workers qualified wages during and were affected by the COVID-19 pandemic.
Veteran sports business leader Kevin Griffin named Oregon State director of intercollegiate athletics
CORVALLIS, Ore. – Kevin Griffin, a sports leader and brand builder with a proven record of revenue generation at The Ohio State University, has been named vice president and director of intercollegiate athletics at Oregon State University.
Veteran sports business leader Kevin Griffin named Oregon State director of intercollegiate athletics
CORVALLIS, Ore. – Kevin Griffin, a sports leader and brand builder with a proven record of revenue generation at The Ohio State University, has been named vice president and director of intercollegiate athletics at Oregon State University.
Amazon, Microsoft and Google are quietly morphing their businesses — and Wall Street is missing the big picture
Tech giants are shifting from solely providing computing power to distributing AI models, unlocking a lucrative new revenue stream.
May's top PlayStation games by copies sold
Yesterday’s State of Play gave us an idea of where PlayStation’s heading next. But we’ve had our May estimates for a couple of days now (we always update our data daily for clients), so it’s time to look at what performed best on PlayStation last month. We’ve got a new IP at the top, two evergreens doing their evergreen thing, FC26 smashing it ahead of the World Cup Plus pivot, and a quiet but promising result for Lego Batman. Let’s have a look at the state of Play…Station’s top games for May. 007 takes #001 007 First Light sold 1M copies on PS5 in May, easily making it the month’s top PS5 game by copies sold. Over 80% of those May copies were digital, which is broadly in line with where PlayStation’s digital share has settled for new releases this year. To date, 007 First Light has sold through 2.2M copies across platforms (so no unsold retail copies in that figure). The platform split is 55.1% PS5, 33.1% Steam, and 11.8% Xbox (console, Windows, and cloud combined). In gross revenue terms, 007 First Light has generated $150M. Owing to regional pricing and audience composition differences, the consoles make up a higher share of revenue than they do copies. Of the $150M, 60.5% came via PlayStation, 27.6% via Steam, and 12.9% via Xbox. Part of this is because over two-thirds of 007 First Light‘s PlayStation audience is in North America (43.4%) or Western Europe (23.2%), where local currency means the game generates more revenue per player. On Steam, under half of First Light‘s audience is from those same regions (31.8% North America, 15.1% Western Europe). As we covered in last week’s 007 Steam piece, the Steam version is pulling in higher-than-expected numbers in China, which now accounts for 17.3% of First Light‘s Steam audience. 007 is the equivalent of $44 USD in China, which is roughly 37% cheaper than the US price and about 44% cheaper than Western Europe. Subscribe for free to get the most accurate games estimates in your inbox twice a week 🫶 Subscribe The crossover data backs up what we’ve seen all year about launch-window cohorts. 11% of PS5 players who played 007 First Light in May also played Lego Batman: Legacy of the Dark Knight, which launched just a few days before. Last month was a great month for Denmark! IO Interactive is Copenhagen-based, and Lego Group is headquartered in Billund (TT Games is UK-based but produces work under Lego Group licence and direction). Speaking of which… A very blocky #2 and #3 Minecraft sold another 788K copies on PlayStation consoles last month. Business as usual, since Minecraft hasn’t sold fewer than 760K copies in a single month all year. With over 350M copies sold across all platforms, Minecraft is the best-selling game in history and one of the strongest brands in the world. Every month, a new cohort of children reaches Minecraft age, which guarantees a constant volume of new sales regardless of what the broader market is up to. The demographic refresh rate is truly impressive, with the audience renewing itself faster than it’s churning. Lego Batman: Legacy of the Dark Knight shifted 757K copies on PS5 last month, bringing its lifetime total on the platform to over 800K. Across all platforms, Legacy of the Dark Knight has now passed 1.5M sold through, so PlayStation accounts for over half of the game’s players. The May crossover data for Legacy of the Dark Knight on PS5 is also useful. 27% of those players also played Fortnite, 16% Roblox, 16% FC 26, and 14% NBA 2K. That’s the household-and-family cohort showing up, plus the launch-window cohort of core gamers who buy practically everything. FC 26 gets players through the door ahead of the World Cup FC 26 sold 411K copies on PlayStation last month (90% via PS5), the fewest copies FC 26 has sold all year and down heavily from April’s 700K. Part of this dropoff is because FC 26 has been available as a PlayStation Plus monthly game since 6 May, cannibalising premium sales. Subscribe for free to get the most accurate games estimates in your inbox twice a week 🫶 Subscribe The strategic logic is straightforward for EA, which is sacrificing premium unit sales in May to build up the player base ahead of the FIFA World Cup, which kicks off on 11 June. Obviously, a bigger player pool going into the tournament means a bigger pool of potential Ultimate Team spenders during the period when football attention is at its peak. The early returns are around what you’d expect, with 4.4M new players accessing FC 26 via PS Plus last month – a substantial new spender pool. Anecdotally, a few of my mates who were ‘’skipping FIFA and Ultimate Team this year’’, were drawn back in via PS Plus. Lo and behold, one of them is buying packs like it’s going out of fashion. Whether this is all a smart trade for EA depends entirely on the Ultimate Team conversion rate over the next six weeks. Either way, the short-term engagement impact on the game as a whole is evident. FC 26‘s MAUs hit a record 24M on PlayStation in May, up 30% from the previous record set in April. GTA V does what GTA V always does Rounding out the top five is another evergreen title. Grand Theft Auto V shifted another 387K copies on PlayStation last month. No matter what else is happening in the industry, GTA V keeps pulling players in. It’s sold another 1.8M copies on PS5 in the first half of this year alone, helping the franchise pass the 230M-sold milestone across all platforms. Subscribe for free to get the most accurate games estimates in your inbox twice a week 🫶 Subscribe I have a theory that Minecraft and GTA V are doing the same thing at different demographic levels. Both are functioning as generational gateway games that the audience ages into faster than it ages out of. Minecraft captures kids around age 6-10, GTA V captures much of the same audience around age 12-15 (unofficially, of course). The crossover data suggests this: 40% of GTA V‘s monthly PlayStation players typically play Fortnite in any given month, while 30% play Roblox. Household accounts aside, that’s not the original GTA V audience from 2013. Of course, the under-12 audience would love to get their hands on GTA, too. It’s always been the way of things, and some parents are happy to oblige. Mine did too back in the day, and I turned out just fine. Right? Right!? Want to get your hands on our data for yourself – for free? We’re offering a free trial of our platform for games companies. Send us a message here, or reply to this email, and we’ll set you up. The last word Reply to this email – or reach out here – if you have any feedback for the newsletter – or want to request a game for us to cover. [Alinea Analytics boasts the most accurate PC and console estimates in the business. Game makers use our platform to understand their audience, keep an eye on the competition, monitor sales trends, and spot new opportunities. We equip game studios and financial institutions with accurate data and the confidence to make smarter, data-driven decisions. Want to talk about all things games market data? We’d love to chat!]
Baidu Sees AI, Chip Business Driving Healthy Revenue Growth
Baidu expects to list its chip unit in Hong Kong this year, and for artificial-intelligence income.to support healthy revenue growth over the next few quarters.
A Look At AMC Entertainment Holdings (AMC) Valuation As May Attendance Hits Highest Level Since 2019
AMC Entertainment Holdings (AMC) is back in focus after reporting its highest May attendance since 2019, with 25.5 million guests, along with a stock rally tied to recent blockbuster releases and revenue diversification efforts. See our latest analysis for AMC Entertainment Holdings. Recent box office wins and revenue experiments have coincided with a sharp 90 day share price return of 75.42% and a 30 day share price return of 42.76%, although the 1 year total shareholder return is still down...
New Mexicans vote in gubernatorial primaries as revenue soars from oil boom
Tuesday's primary election also comes at a time of promise for the next governor: Elevated global oil prices from the Iran war have translated into an influx of tax revenue.
New Mexicans vote in gubanatorial primaries as revenue soars from oil boom
Tuesday's primary election also comes at a time of promise for the next governor: Elevated global oil prices from the Iran war have translated into an influx of tax revenue.
How Sam Garrison, Senate leaders led the way on protecting property tax revenue for schools
Gov. DeSantis is not happy.
Why AMC Entertainment Holdings (AMC) Is Up 40.4% After Record May Attendance and Stronger EBITDA
AMC Entertainment reported its highest May attendance since 2019, drawing about 25.5 million guests worldwide and supporting its strongest first-quarter adjusted EBITDA since 2019, helped by hit releases such as “Backrooms,” “The Mandalorian and Grogu,” and “The Devil Wears Prada 2.” Management is pairing this renewed box-office strength with higher-margin food, merchandise and new concert offerings, signaling a push to lift revenue per guest and diversify beyond traditional ticket...
Sources: Rays stadium deal ‘on the rocks’ amid Gov. DeSantis’ property tax cut push
Folks aren't keen on giving DeSantis a win on the Rays at the same time he's trying to gut a critical revenue stream.
Global Live Entertainment Market Size/Share Worth USD 859 Billion by 2034 at a 5.4% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Live Entertainment Market size & share revenue was valued at approximately USD 465.9 Billion in 2024 and is expected to reach USD 535.4 Billion in 2025 and is expected to reach around USD 859 Billion by 2034, at a CAGR of 5.4% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are GrupEventoplus, Acciona Cultu
What 110 Companies Reveal About the Future of Payments Orchestration
Payment problems don’t stay hidden inside the back office. When a customer reaches checkout, and a payment fails, stalls or gets declined for the wrong
Lights, Camera, Due Diligence: What International Investors Miss When Buying US Entertainment Assets
Strategic US market entry and careful consideration of asset structure can help international investors as they look to music, film, television, media and talent for long-term recurring revenue opportunities.
Microchip Provides Data Center Solutions Business Unit Revenue Information
Our Data Center Solutions Business Unit generated $302.7 million in revenue in calendar year 2025, with approximately 65% growth expected in…...
Nvidia takes aim at Intel’s core business
New AI-focused PC processors could threaten the revenue engine underpinning Intel’s turnaround.
After Gaza, Israel is now causing the West Bank health system to collapse
Most Medications Are Missing From Public Pharmacies, and Many Patients Cannot Afford to Buy Them on the Private Market. Israel's Seizure of Customs Revenues Has Significantly Deepened the Palestinian Health Ministry's Debt, and It Warns: Soon We Will No Longer Be Able to Provide Essential Health Services
Apple destroyed the mid-tier watch market. Now it’s coming for the $200 billion eyewear industry.
Swatch revenue fell 28% and Fossil's dropped 70% after the Apple Watch launched. Apple is planning the same playbook for glasses, targeting a late 2027 launch.
Q&A: As costs rise, AD Jennifer Cohen says USC is well-positioned amid college sports chaos
In the new era of revenue sharing, particularly because of NIL rights, student athletes have benefitted. USC's athletic director explains why.
Disney is poised to ramp its already booming advertising business. Rita Ferro is behind the push
Disney is selling ads for the Super Bowl, Oscars and Grammys in 2027, all major advertising revenue drivers. Global ad president Rita Ferro is leading the charge.
Why dayclubs make millions for Las Vegas hotel-casinos
The venues are part of a broader recalibration in Las Vegas hospitality, where daytime entertainment has evolved from a seasonal amenity into a near-continuous revenue stream with its own marketing...
OpenAI’s Revenue Chief Barnstorms for Business Customers
Before former Slack CEO Denise Dresser joined OpenAI in December as its chief revenue officer, the company’s efforts to sell its products to business customers were sometimes clunky. Earlier in 2025, for example, the company had struck an agreement with Databricks, which would sell OpenAI ...
Still ringing a bell: F5 marks its 30th year in business
Seattle-based F5 marked 30 years in business Friday by ringing the Nasdaq opening bell. The application-delivery and security company has grown to $3.1 billion in annual revenue and outlived nearly all the marquee customers and the three investment banks listed in its 1999 IPO prospectus.
I vibe coded a tool that hit $50,000 in monthly revenue in 6 weeks
Vitalii Dodonov and his cofounder, John, spent 14 days locked in a flat, vibe coding an AI tool called Stanley for their business, Stan.
Do Utahns support tax increase for Salt Lake City sports, entertainment district?
City banking revenue for planned sports, entertainment, culture and convention district
Jewelers Building owners plan $25M renovation in bid to lure new tenants
If the investments help bolster the rent roll, it could nudge other landlords to follow suit — ultimately helping restore vital property tax revenue in the central business district.
SumUp Launches Online Booking to Help U.S. Small Businesses Fill Their Calendar and Protect Revenue
The global fintech company introduces an all-in-one online scheduling and payments tool that’s free for merchants — giving service-based small bus...
Caesars Entertainment, a Las Vegas Strip icon, is sold for $6 billion
Caesars faces mounting pressure as fewer visitors to Las Vegas — its core market — dent revenue at resorts, hotels and casinos.
Best Buy Ups Quarterly Entertainment Sales 38%
Best Buy May 28 reported a 38.1% surge in first-quarter (ended May 2) same-store entertainment sales, compared with a 15.2% decline in the previous-year period. The entertainment segment, which includes video game hardware and software, books, music CDs and computer software, saw revenue of $577.4 million, or 7% of Best Buy’s domestic revenue of $8.2 … Continue reading "Best Buy Ups Quarterly Entertainment Sales 38%"
The Politics Of Non‑Revenue Water In MENA Cities
An exploration of how leaks, illegal connections and billing failures make non‑revenue water a deeply political issue in MENA cities.
Is The Market Mispricing Flutter Entertainment On FanDuel Concerns?
Flutter Entertainment faces headwinds from prediction markets and declining US sports betting revenues. Learn why FLUT stock is a buy.
Flutter Entertainment: Attractive Entry Point
Flutter Q1 revenue +17% to $4.3B on iGaming growth and acquisitions; margin gains ahead. World Cup/NFL could be catalysts. Read here for an analysis of FLUT.
Lionsgate Ups Fiscal-Year Home Entertainment Revenue 8% to $713 Million
Lionsgate May 27 reported home entertainment revenue of $713.4 million in the fiscal year ended March 31. That was up 8.3% from revenue of $658.2 million in the prior year period, according to a regulatory filing. The tally included $499.1 million in Lionsgate original movies and $214.3 million in third-party titles distributed under license agreement. … Continue reading "Lionsgate Ups Fiscal-Year Home Entertainment Revenue 8% to $713 Million"
Meta stock price jumps 3% on plan to sell AI subscriptions
Shares of Meta gained nearly 4% on Wednesday as investors cheered the company's move to start generating recurring revenue from its platforms.
Health tech firm Veradigm begins climbing out of years-long financial do-overs
The Chicago company reported it had revenue of $594 million in 2024, dropping from $626 million in 2023, with a net loss of $292 million in 2024 compared to net income of $49 million the previous year.
Penn State Health reports strong financial, volume growth through third quarter
Penn State Health reported strong third-quarter results for fiscal year 2026, highlighted by double-digit total revenue growth, improved operating margin, and increased patient volumes — reflecting sustained demand for care and ongoing efforts to expand access across the region.
West Carrollton receives feedback over marijuana business sales
The city of West Carrollton could begin allowing companies to sell marijuana to generate revenue.
Lobbying compensation: Top 10 firms report solid revenue growth in Q1 of 2026; Southern Group takes top spot, followed by Ballard Partners
The Southern Group continued its streak as No. 1 with a $12.4M quarter, followed by Ballard Partners at $10M.
Google I/O 2026: tech giant launches autonomous AI era, transforming search at cost to core business
Google unveils Gemini agents and a generative search overhaul in a direct push against OpenAI and Perplexity, risking ad revenue, publisher ties, privacy and margins as it tries to preserve its internet dominance
Scoop: The Guardian posts record U.S. revenue of $81M
The outlet's nonprofit structure, combined with its global perspective and commitment to free access, has helped usher in an unprecedented level of reader donations.
Georgia's Smart fears massive football budgets will imperil other sports
Georgia's Kirby Smart joined other coaches at the SEC's annual spring meetings in bemoaning a massive uptick in spending from revenue sharing and NIL, and he suggested if trends continue, ballooning football budgets will put all Olympic sports in peril.
‘Anti-Weaponization Fund’ revives yearslong fight over Democrat-backed settlements
President Donald Trump’s nearly $1.8 billion “Anti-Weaponization Fund” is triggering bipartisan concern on Capitol Hill while simultaneously reigniting a years-old conservative argument against administrations from both parties using the Treasury Department’s Judgment Fund to finance politically sensitive settlements with little congressional oversight. The fund stems from Trump’s settlement with the Internal Revenue Service over the […]
We quit our jobs to run a cemetery business – it now brings in $6 million a year
Shayda Frost was a film producer and her husband, Tim Amoui, worked in PR in LA. But when Frost's father died unexpectedly, the couple flew to her hometown of Atlanta, quit their jobs, and took over the family business: cemeteries. Frost and Amoui are now the owners of Lincoln Memorial Group, which operates four working cemeteries Georgia's capital. In 2025, the business brought in over $6 million in revenue.
SpaceX’s AI Business Waits for Liftoff | AI & Business for May 26
Plus, California studies AI job losses, Anthropic’s revenue soars and Nvidia plays the role of $5 trillion underdog.
Asian American Women Are Starting Businesses Faster Than Almost Anyone
Women own 40% of U.S. businesses but generate 4.6% of revenue. One nonprofit is closing that gap—one bootstrapped founder at a time.
Pirated Sports Streams Are Warping TV’s Most Important Ratings
Advertisers love live sports. But good luck measuring that investment. Although tides of ad revenue flow based on the ratings of certain tentpole TV events, a new crop of scammers now operate illicit sports livestreaming rings, and there’s almost nothing broadcasters can do about it. According to a new report released Tuesday by ad tech […]
Teladoc Health Faces Flat Sales And Weaker Revenue Per User Trends
Teladoc Health (NYSE:TDOC) is reporting flat sales over consecutive years, despite continued investment in its virtual care platform. Average revenue per user has been declining, pointing to weaker consumer monetization and softer engagement levels. Management has focused on broadening services, but this has not translated into stronger top line growth or higher earnings quality. The outlook for the next twelve months remains subdued, highlighting ongoing challenges for the...
Universal Health Services (UHS): Cheap NYSE Stocks to Buy According to Analysts
Universal Health Services Inc. (NYSE:UHS) is one of the cheap NYSE stocks to buy according to analysts. On April 29, Universal Health Services reported solid Q1 2026 results, with net revenues increasing 9.6% year-over-year to $4.495 billion. Net income attributable to the company rose to $348.7 million, or $5.65 per diluted share, compared to $316.7 […]
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
As music business hits high note, Gen Z is driving a 'record' comeback
Streaming is responsible 82% of music revenue in the United States, but Gen Z wants its music in physical form.
Tourism gains spread across California with Sacramento seeing big results
A Visit California study shows the state's tourism economy is thriving, with Sacramento experiencing notable increases in visitor spending and hotel tax revenue.
AI's COVID shutdown moment: SpaceX IPO, Anthropic, OpenAI, Nvidia
From SpaceX's IPO to Anthropic's massive revenue number, it looks like AI just had the day when the hype became real.
Politics: Trump reaches controversial $1.8 Billion IRS settlement
President Donald Trump last week reached a settlement with the Internal Revenue Service to end his $10 billion lawsuit over the leak of his tax returns, which includes a $1.8
Evaluating Tencent Music Entertainment Group (TME) After Recent Share Price Weakness And Undervaluation Claims
Recent performance snapshot Tencent Music Entertainment Group (TME) has drawn fresh attention after a sharp pullback, with the stock down about 8% over the past month and about 42% over the past 3 months. That weakness sits against a backdrop of reported annual revenue of CN¥33,441.0 million and net income of CN¥8,856.0 million, alongside year on year growth rates in both revenue and net income. See our latest analysis for Tencent Music Entertainment Group. At a share price of $8.81, Tencent...
I Saw a $40M Revenue Business Say No to a Peak Exit — and Watched Its Valuation Get Cut in Half After "One More Year." Here's How to Get Timing Right
Every company has a moment when it's most valuable. The question is whether you'll recognize it or watch it pass. Timing is 50% of the value.
Forza Horizon 6 Races Toward Estimated 5M Sales and $325M in Week One Despite Game Pass Cannibalizing Some Sales
Forza Horizon 6 is reportedly nearing 5 million copies sold and $325 million in gross revenue in its first week on store shelves.
Galvin warns of revenue hit from Healey’s business filing proposal
Plus: New job for Sonia Chang-Diaz, new chair for MassFiscal
Anti-social: It's fads, not friends, which now dominate our feeds
Social media platforms used to be about communication between friends. The business model is to increase the time people spend on their apps and increase ad revenue.
Trump’s new ‘slush fund’ for his pals
This week, Donald Trump dropped a personal $10bn lawsuit he had against the Internal Revenue Service in exchange for a so-called anti-weaponisation fund. The $1.8bn fund will be used to compensate those who think they have been unfairly investigated by the government in the past. Jonathan Freedland speaks to the legal analyst Kristy Greenberg about why critics are calling this fund ‘corruption on steroids’
A Look At WEBTOON Entertainment (WBTN) Valuation After Weak User Trends And IP Adaptation Slowdown
WEBTOON Entertainment (WBTN) is back in focus after first quarter 2026 results and fresh guidance highlighted pressure on user metrics and IP adaptation revenue, despite stable revenue and comments around paid content and advertising. See our latest analysis for WEBTOON Entertainment. The stock is trading at US$11.64 after a 2.28% 1 day share price gain. However, recent momentum has cooled, with a 7 day share price return down 15.84% and a year to date share price return down 11.88%, even as...
SpaceX Sees a Huge Market for Its Business. Most of It Isn’t Space-Related.
SpaceX said in its IPO filing yesterday that it estimates a “TAM,” or total addressable market—a business term for potential revenue opportunities—of $28.5 trillion. The figure includes: $370 billion in Space from space-enabled solutions and $1.6 trillion in Connectivity, including Starlink Bro
Axel Springer Revenue Rises 2.6% Following Business Split
The media company said it had a strong start to the year after posting higher revenue—in its first results since splitting into two businesses in April of last year.
Musk’s SpaceX discloses massive losses ahead of expected record-breaking IPO
The company, whose initial public offering is expected to attract record investment, had nearly $18.7 billion in revenue in 2025 but overall lost $4.9 billion.
Truecaller gets into the eSIM business to diversify its revenue streams
Truecaller's eSIM product will initially launch in 29 countries
Revealed! Insurance Business America’s Fast Brokerages for 2026
Fifteen firms cleared a demanding revenue threshold in a tough market