Dave & Buster’s Swings to a Loss as Game Sales Keep Falling
Dave & Buster’s posted a $12.5M Q2 loss as entertainment sales fell nearly 9%. Revenue missed estimates; food and drink sales rose.
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Bank of America CEO Warns of Weaker Investment-Banking Fees in Q3 as Shares Slide
BofA’s Q3 capital-markets outlook cooled: investment-banking fees down over 10%, trading roughly flat. Shares led bank-stock declines.
Hardware Stocks Fall as Software Rises, With Cybersecurity Getting the Extra Lift
CrowdStrike hits a record as investors rotate out of AI chips and into software. Cyber names lead on AI-safety fears.
Paramount Skydance Gets $14 Target as WBD Deal Advances — SkyShowtime Faces Review
Citizens sees ~32% upside in PSKY if the WBD combination closes and $6B+ in savings land. SkyShowtime is under strategic review.
Compass Point Upgrades Coinbase and Bullish Ahead of Senate Clarity Act Vote
Compass Point lifts Coinbase to Neutral and Bullish to Buy before the Senate Clarity Act vote, citing Bitcoin’s cycle and tokenization.
Anthropic Reportedly Signs $13.7 Billion Compute Deal With Trump-Linked RUM Group
The Information says Anthropic is the unnamed buyer in RUM Group’s six-year, $13.7B GPU deal at its Georgia data center.