Gemini Crypto Exchange Cuts 25% of Workforce, Exits Europe and Australia
Gemini Space Station announces 200 job cuts and exits UK, EU, and Australia markets as part of $11M restructuring to focus on US and Singapore operations.
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DraftKings Faces Rising Competition From Kalshi, New Report Says
A new short-seller report highlights growing competitive pressure on DraftKings from prediction market platform Kalshi, citing user growth, broader betting options, and expanding distribution.
SiriusXM Beats Expectations with Subscriber Growth and Howard Stern Renewal
SiriusXM (SIRI) reports surprise Q4 subscriber gains of 110K, driven by Howard Stern renewal, new Megyn Kelly channel, and innovative subscription features. Stock jumps 12%.
Ralph Lauren Stock Drops Despite Strong Q3 Earnings Beat
Ralph Lauren shares fall 9% as growth slows and tariff concerns mount, despite beating Q3 expectations with $2.4B revenue and raised full-year outlook.
Zoom Upgrade Signals Potential Growth Comeback
Wolfe Research upgrades Zoom to Outperform, citing renewed growth potential driven by contact center solutions, phone services, and emerging voice AI technology.
Tapestry Stock Soars on Strong Coach Sales and Raised Outlook
Tapestry (TPR) beats Q2 earnings with Coach brand driving 25% growth. Company raises FY2026 guidance as Gen Z embraces Tabby handbags despite Kate Spade struggles.