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Hims & Hers Health (NYSE:HIMS) Exceeds Q2 CY2026 Expectations But Stock Drops
Telehealth company Hims & Hers Health (NYSE:HIMS) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 38.2% year on year to $753.2 million. On top of that, next quarter’s revenue guidance ($890 million at the midpoint) was surprisingly good and 12.4% above what analysts were expecting. Its GAAP loss of $0.37 per share was significantly below analysts’ consensus estimates.
Mamdani's Business Council Is Taking Shape With 5 Big Names. Some CEOs Reportedly Said No
Chobani founder Hamdi Ulukaya and AlleyCorp founder Kevin Ryan have joined three finance veterans on the list of reported invitees.
Arc System Launches Marvel Tokon PC Update, and Some Players Are Saying It's Fixing Most of Their Issues
Developer Arc System Works has launched a major Marvel Tokon: Fighting Souls update that seems to have fixed many of the PC issues players reported following its launch.
Oregon lawmakers condemn reported attack against Sen. Janeen Sollman
Sen. Janeen Sollman was reportedly verbally and physically accosted by a man on Aug. 8, prompting bipartisan condemnation of political violence.
Future Apple Watches Might Ditch the Screen
The company is reportedly exploring new form factors and, shockingly, round displays.
Record Backlog Powers NRC Health’s (NRC) Upward Potential
Long Cast Advisers, an independent registered investment adviser, released its Q2 2026 investor letter. A copy can be downloaded here. The firm reported strong earnings in the second quarter, with results improving 20%, bringing year-to-date returns to +19%. While performance trailed the Russell 2000 and iShares US MicroCap ETF, it remained well ahead of the […]
Apple reportedly considers screenless wearables in effort to revamp Apple Watch lineup
An overhaul of Apple Watch may be coming, but not right away.
Samsung will reportedly make an extra one million Galaxy Z Fold 8 units
The Galaxy Z Fold 8 is an absolute smash hit, it seems, as Samsung will reportedly make an extra one...
Farmer trusted AI after it gave good advice, then it helped wipe out 25 acres of his crops
The 67-year-old farmer was recommended by the AI to use high-efficiency flupyrimethalin and flusulfasulfaether to kill weeds and mix it with thiamethoxazine and methyl salt. As reported...
AbCellera women’s health data top ‘most aggressive upside scenario,’ putting Astellas and Bayer on notice
AbCellera has reported phase 2 results “beyond even the most aggressive upside scenario” that its CEO dared to consider, boosting the biotech’s chances of challenging Astellas and Bayer for a women’s health market. The phase 2 clinical trial compared ABCL635, an antibody targeting NK3R, to placebo in patients with hot flashes caused by menopause. Investigators enrolled 92 postmenopausal women experiencing a mean of about 10 moderate or severe hot flashes per day. By Week 4, the number of moderate or severe hot flashes had fallen by a mean of 8.8 on ABCL635 and by 3.5 on placebo. That statistically significant, placebo-adjusted reduction of 5.3 hit the trial’s primary endpoint. The level of efficacy also cleared the bar set by existing drugs. While cross-trial comparisons can be misleading, AbCellera CEO Carl Hansen, Ph.D., had seen enough to start hyping the program. “We now view ABCL635 as a potential best-in-class non-hormonal therapy with strong differentiation against approved NK3R competitors across all important dimensions, including efficacy, safety, dosing and convenience,” Hansen said on a Monday morning conference call with investors to discuss the data. “We believe ABCL635 is now a highly de-risked program.” Last week, Hansen used AbCellera’s earnings call to set expectations for readout, with the CEO defining success as a clean safety profile and efficacy comparable to the two approved small molecules. The data vaulted over that bar. Astellas linked (PDF) one of the small molecules, Veozah, to placebo-adjusted reductions in hot flash frequency of 2.1 and 2.6 at Week 4 of its two phase 3 trials. Bayer reported (PDF) placebo-adjusted reductions of 3.04 and 3.29 at Week 4 of pivotal studies for its small molecule, Lynkuet. At 5.3, the placebo-adjusted reduction in AbCellera’s trial comfortably cleared the standard set by the incumbents. Veozah and Lynkuet came to market based on evidence of their ability to reduce the frequency and severity of hot flashes. AbCellera’s phase 2 study covered both endpoints, with the Canadian biotech reporting a mean reduction in severity of 1.4 points at Week 4 on ABCL635, compared to 0.3 points for placebo. Again, the placebo-adjusted result compares favorably to data on Veozah and Lynkuet. Analysts shared Hansen’s enthusiasm for the data. The phase 2 results “firmly validate ABCL635 as a potentially best-in-class treatment,” BMO Capital Markets analysts said in a note to investors Monday. ABCL635’s apparent efficacy edge “is likely attributable to the higher dosing/target engagement the asset is able to reach vs. the oral agents due to its wider therapeutic index,” the analysts added. The analysts, who model $2.3 billion in unadjusted peak sales for ABCL635, flagged the safety profile as another positive of the phase 2 readout. While Veozah carries a boxed warning for liver damage, nobody on ABCL635 in the phase 2 trial had elevated liver enzymes or bilirubin values. If replicated in phase 3, the lack of a liver signal could allow approval without the monitoring requirements imposed on Veozah. Investors appeared equally enthused, sending AbCellera's stock up 32% to $9.21 in premarket trading Monday from a Friday closing price of $6.93. Next, AbCellera will collect the Week 12 data and talk to its advisors about further development. The results open up “a wide variety of possibilities of how we might take this forward into phase 3 studies to truly maximize the value of the asset and make sure that ABCL635 is able to demonstrate its differentiation potential,” Sarah Noonberg, M.D., Ph.D., AbCellera’s chief medical officer, told investors.
India’s Zee Entertainment quarterly profit falls on weak advertising, higher costs
Aug 10 (Reuters) - India's Zee Entertainment Enterprises reported a 46.9% fall in first-quarter profit on Monday, hurt by weak advertising revenue and higher costs related to its return to sports broadcasting. The company posted a consolidate...
India's Zee Entertainment posts quarterly profit drop on weak ad sales, rising costs
India's Zee Entertainment Enterprises reported a 46.9% fall in quarterly profit on Monday, hurt by weak advertising revenue and higher costs related to its return to sports broadcasting.
Square Enix Reportedly Halted a Nearly Finished Final Fantasy IX Remake and Has Now Pivoted Away from Mining Its Past
Square Enix reportedly halted a nearly finished Final Fantasy IX remake and has now pivoted away from mining the franchise's back catalog.
Trading platform Plus500 reports higher core profit as US business gains traction
Trading platform Plus500 reported a rise in half-year core profit on Monday, aided by higher trading activity as the company expanded its U.S. business and rolled out more products, including the fast-growing predictions market.
Counter-Strike: Global Offensive March 2019 source code reportedly leaked
CS:GO is facing another source code leak, this time reportedly from March 2019. The previous public leak contained code from late 2017.
Columbia man arrested after allegedly using fire extinguisher to break into business
A Columbia man was arrested Sunday after police say he used a stolen fire extinguisher to break into a local business.Columbia Police responded to a reported bu
Blizzard Reportedly Leads Xbox as 'Top-Performing' Studio Thanks to Overwatch and Diablo
Blizzard Entertainment is reportedly Microsoft's golden child after Overwatch and Diablo 4: Lord of Hatred helped it become the "top-performing" Xbox studio.
‘Highlander’ star Christopher Lambert leaves Pittsburgh fan convention early after health scare
Lambert reportedly suffered a sudden medical emergency and collapsed while signing autographs before being taken from the convention hall via ambulance.
Steam reportedly refunds Battlefield 6 player with 470 hours logged after EA quietly pulled Rush mode from Quickplay
A Battlefield 6 player "upset" at the removal of the popular Rush mode claims to have secured a full refund from Steam despite having clocked up 470 hours.
FULL SHOW: Inside INdiana Business 8/9/26
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Iran Releases Video Of Mojtaba Khamenei Amid Health Rumours
Mojtaba Khamenei reportedly suffered severe facial and leg injuries in the February 28 US-Israeli attack that killed his father, Ali Khamenei.
Seaport Entertainment Gr Q2 Earnings Call Highlights
Seaport Entertainment Gr (NYSE:SEG) reported its first quarter of positive operating EBITDA and positive non-GAAP adjusted net income in the second quarter of 2026, as the company benefited from improved operations, lower corporate costs, the closure of the Tin Building and payments associated with
NFL's highest paid offensive lineman injured at Commanders training camp
Laremy Tunsil reportedly tore his triceps during Washington Commanders practice on Saturday. Here's what we know.
Md. health officials report record-breaking 50 heat-related deaths this summer
The number of heat-related deaths soared in July, with 43 deaths reported just last month, according to a Wednesday update to the state’s weather-related illness dashboard.
Oscar Health Q2 Earnings Call Highlights
Oscar Health (NYSE:OSCR) reported record profitability for the first half of 2026 and raised its full-year operating outlook, citing membership growth, disciplined pricing, favorable utilization trends and lower administrative expense ratios. Chief Executive Officer Mark Bertolini said the company
PENN Entertainment (NASDAQ:PENN) Releases Earnings Results, Beats Expectations By $0.07 EPS
PENN Entertainment (NASDAQ:PENN - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.07. PENN Entertainment had a negative net margin of 12.66% and a positive return on equity of 2.93%. The business had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.86 billion. During the same quarter in the prior year, the firm posted ($0.12) earnings per share. The business's quarterly revenue was up 5.2% compared to the same quarter last year.
Mavs reportedly clarify Klay Thompson stance amid Lakers, Heat interest
Dallas reportedly rejects Klay Thompson buyout talks amid Lakers and Heat interest, choosing to seek a trade for his $17.46M expiring contract instead.
Is Encompass Health (EHC) Cheap After Its Earnings Beat And Higher 2026 Guidance?
Encompass Health (EHC) shares are in focus after the company reported second quarter revenue of about US$1.6b and earnings per share of US$1.55, both above analyst expectations, alongside higher full year 2026 revenue guidance. See our latest analysis for Encompass Health. At a share price of US$125.23, Encompass Health has a 7 day share price return of 12.75% and a 90 day share price return of 18.03%. Its 3 year total shareholder return of 80.09% points to momentum that has been building...
Ex-Gunner offered to Tottenham could earn Arsenal cash
Folarin Balogun has reportedly been offered to Spurs through intermediaries, and Arsenal could benefit if Monaco cash in.Photo by Carl Recine/Getty ImagesFolarin Balogun could be at the centre of one ...
Six Flags Entertainment Q2 Earnings Call Highlights
Six Flags Entertainment (NYSE:FUN) reported higher same-park attendance, revenue and adjusted EBITDA in the second quarter of 2026, as the amusement park operator cited growth in season-pass visitation, improved operating discipline and progress at previously underperforming parks. On a same-park b
Flutter Entertainment Q2 Earnings Call Highlights
Flutter Entertainment (NYSE:FLUT) reported second-quarter revenue growth of 3% as strong customer engagement around the FIFA World Cup and acquisitions helped offset customer-friendly U.S. sports results and higher taxes in the United Kingdom. The company also announced that Chief Executive Officer
Flutter Entertainment Q2 Earnings Call Highlights
Flutter Entertainment (NYSE:FLUT) reported second-quarter revenue growth of 3% as strong customer engagement around the FIFA World Cup and acquisitions helped offset customer-friendly U.S. sports results and higher taxes in the United Kingdom. The company also announced that Chief Executive Officer
Democratic socialist Francesca Hong has former child star, OnlyFans model in senior campaign role: report
An OnlyFans model and sex worker advocate is reportedly serving as deputy campaign manager for Francesca Hong's Wisconsin governor campaign.
What is leprosy? Here's how many cases there are in Florida
According to the Florida Department of Health, cases of leprosy peaked in the state at 39 in 2025. So far this year, 19 cases have been reported.
Is Beaver’s Mini Mart a small business or ‘Beavermart’ chain?: Here’s what we know
The legal battle between the behemoth Buc-ee’s gas station chain and Beavercreek carryout Beaver’s Mini Mart took a turn this week when Buc-ee’s founder and CEO Arch Aplin III reportedly
Small Business Employment Index Picks Back Up
NFIB’s July Jobs Report shows that the Small Business Employment Index rose after four consecutive months of decline, registering 102.1 in July after measuring 100.2 in June. The current reading is above the 2025 average of 101.2 and the historical average of 100.0. In July, 36% (seasonally adjusted) of small business owners reported job openings they could
Health department to discontinue cyclosporiasis hotline with fewer new cases
Lucas County has reported 1,246 cases of cyclosporiasis, while 3,229 cases have been confirmed across northwest Ohio, a regional increase of 23 since ...
NFIB July Jobs Report: Small Business Employment Index picks back up
Owners reported more unfilled positions and stronger hiring plans, even as qualified applicants remained scarce and compensation pressures increased.
NFIB: Planned hiring by small businesses is at highest level since 2022
A seasonally adjusted net of 20% of small business owners reported that they plan to create new jobs in the next three months.
Starz Entertainment Corp. Reports Results for the Second Quarter Ended June 30, 2026
/PRNewswire/ -- STARZ (NASDAQ: STRZ) today reported results for the quarter ended June 30, 2026. This press release includes consolidated financial results for...
Why McDonald’s value strategy still isn’t paying off
The Chicago-based fast-food giant reported that U.S. sales growth in the second quarter was lackluster.
PENN Entertainment Q2 Earnings Call Highlights
PENN Entertainment (NASDAQ:PENN) reported record second-quarter retail revenue and raised its full-year outlook for the segment, while management said its interactive business continued to narrow losses through lower marketing spending, cost efficiencies and growth in online casino operations. Chie
UFC Vegas 120 Fighter Explains Late Withdrawal
UFC Vegas 120 fighter Jessie Rosas, who was set to make his UFC debut, explained why he was forced to withdraw from the card at late notice. As first reported by Heavy.com’s Marcel Dorff, Rosas was forced to pull out of his featherweight fight for Saturday’s UFC Vegas 120 card against Miles Johns. In his […] The post UFC Vegas 120 Fighter Explains Late Withdrawal appeared first on HEAVY.
China’s exports slow slightly in July despite robust demand for high-tech products
China has reported its exports slowed slightly in July from the month before despite strong growth in demand for high-tech electronics and vehicles.
Flutter Entertainment (FLUT) Stock Faces Margin Squeeze Despite Steady Revenue
Flutter Entertainment walked into this earnings print with a stock that has quietly drifted lower over the past month, yet the immediate reaction has been almost flat. The share price edged only 0.1% higher to about US$93, even as the company reported a sharp squeeze in adjusted EBITDA and a group net loss in the quarter. The market mood looks numb rather than shocked. Traders appear focused on the profit hit from heavier U.S. marketing and higher taxes. The more patient question is whether...
OpenAI's new AI smart speaker will reportedly sell for between $300 and $400
Additional details about OpenAI's mysterious new AI device make it sound like a pricey smart speaker.
Flesh-eating bacteria has killed 5 in Louisiana this year, officials say
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
Jony Ive’s first OpenAI gadget is reportedly a hockey puck-sized smart speaker
OpenAI’s first AI device could launch next year.
DuckDuckGo mercilessly dunks on big tech's AI 'pervert' glasses
The company's “Normal F***ing Sunglasses" reportedly already sold out.
Billionaire Trump Pal Ron Lauder Spent More Than $70 Million On Politics—Now He’s Apparently Bowing Out
The billionaire has reportedly abruptly ended his longtime political giving.
Genius Sports' media surge shows shift beyond sportsbook data
Genius Sports, which provides real-time sports data, reported revenue rose 65% in the second quarter.
Munitions Shortage Has Trump Up in Arms and Aiming to Blame
Trump is denying ongoing reports of serious shortages of U.S. missiles amid the Iran war, while also reportedly lashing out at Hegseth and others.
Measles exposure reported at Universal Studios Hollywood
Health officials in Los Angeles County said a person infected with measles visited Universal Studios Hollywood and potentially exposed others to the virus.
How Much and Why Premiums Are Going Up for Small Businesses in 2027
Small businesses that offer health insurance to their employees could see health costs rise in 2027, according to an analysis of preliminary rate filings from all 50 states and DC. Nearly 300 insurers offering small group coverage reported a median proposed premium increase of 14% for next year.
Le Havre goalkeeper Mory Diaw targeted by Lille
Lille OSC are reportedly considering going on the offensive in a bid to sign Le Havre player Mory Diaw (33), according to information from L’Équipe.In their search for a goalkeeper capable of provi...
India's LIC posts rise in profit on strong group business; margins expand
Life Insurance Corporation of India reported a 23% increase in first-quarter profit on Thursday, helped by strong group business and margin expansion from a greater focus on more profitable products, despite heightened competition.
Flutter Entertainment: Let's Not Only Focus On U.S. Sportsbook Growth
Flutter Entertainment plc reported weak Q2 results and a slight downgrade to the 2026 financial guidance. Click here to read an analysis of FLUT stock now.
PENN Entertainment, Inc. Reports Second Quarter Results
PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and six months ended June 30, 2026. Jay Snow...
PENN Entertainment, Inc. Reports Second Quarter Results
WYOMISSING, Pa., August 06, 2026--PENN Entertainment, Inc. ("PENN" or the "Company") (Nasdaq: PENN) today reported financial results for the three and six months ended June 30, 2026.
Restaurant Brands International earnings beat as Burger King's U.S. business soars
Burger King's U.S. business reported same-store sales growth of 8.5%.
Nintendo's fiscal first-quarter profit and revenue beat estimates, despite Switch 2 sales slump
Nintendo reported fiscal first-quarter earnings Thursday.
49ers’ Brandon Aiyuk Gets Brutal Take After Commanders Decision
San Francisco 49ers wideout Brandon Aiyuk likely won’t be playing for the Washington Commanders. On Aug. 5, the Commanders decided to sign veteran wideout Stefon Diggs, which probably puts an end to the Aiyuk speculation.The Commanders were the only team to have reported interest in Aiyuk, and it was a destination the 49ers wide receiver […] The post 49ers’ Brandon Aiyuk Gets Brutal Take After Commanders Decision appeared first on HEAVY.
Scientists are certain a wayward SpaceX rocket slammed into the moon as predicted
A SpaceX rocket that launched a pair of lunar landers slammed into the moon as predicted on Wednesday after drifting off course for the past year, scientists reported.
Sanofi suspends chronic lung disease phase 2 study, tied to ‘strategic business reasons’
Sanofi halted a phase 2 trial testing a monoclonal antibody, SAR445399, in non-cystic fibrosis bronchiectasis, Fierce Biotech has learned. The trial, which began only back in April, was a randomized, double-blind, placebo-controlled study to measure the reduction in mucus plug score following treatment with SAR445399 compared with placebo in adults aged 18 to 80 years with NCFB, a chronic lung disease. The trial was officially reported as halted on July 29, the day before Sanofi’s second-quarter earnings call. The decision to pause the trial was made “as part of a company-wide portfolio review for strategic business reasons,” and not due to safety concerns, a Sanofi spokesperson told Fierce. The move to pause the NCFB trial comes during a trying time for Sanofi following a year filled with a series of trial fails. In February, the French pharma ousted CEO Paul Hudson and appointed Merck KGaA leader Belén Garijo, M.D., Ph.D., to steer the ship. Since then, Garijo has been doing a deep dive on correcting the company’s strewn R&D and clinical strategies. On July 24, Sanofi scrapped amlitelimab for atopic dermatitis, despite its lore as being a potential $5 billion blockbuster. During its second-quarter report, the company abandoned two more assets, balinatunfib and itepekimab, following failed trial results in psoriasis and chronic obstructive pulmonary disease, respectively. SAR445399, only first revealed by Sanofi in 2023, is an anti-interleukin-1 receptor 3 monoclonal antibody developed to block the interleukin 1, 33, and 36 cytokine pathways. These pathways can be important in chronic immune-related dermatologic diseases, such as atopic dermatitis and hidradenitis suppurativa, as well as respiratory conditions, such as NCFB. Related Sanofi’s new CEO ‘looking deeply’ at late-stage pipeline as clinical clearout continues NCFB affects roughly half a million people in the U.S., with a global incidence of greater than one million cases. In August 2025, Insmed received FDA approval for Brinsupri, a DPP1 inhibitor targeting neutrophil activation, for treatment of NCFB in adults and kids ages 12 and older. The British biotech Infex Therapeutics showed promising NCFB phase 2a data using their monoclonal antibody, INFEX702, which acts by disabling Pseudomonas aeruginosa, a bacteria known to be a major pathogen of NCFB. Sanofi is currently running a separate phase 2 study testing SAR445399 as a potential treatment for the inflammatory skin condition hidradenitis suppurativa.
It looks like a SpaceX rocket did slam into the moon (as predicted)
A SpaceX rocket that launched a pair of lunar landers slammed into the moon as predicted on Wednesday, scientists reported, after drifting off course for the past year.
Former Lions WR, Pro Bowler reportedly lands with 49ers
KhaDarel Hodge, who spent the 2021 season in Detroit, is headed to San Francisco after earning Pro Bowl honors as a special teamer with Atlanta.
A Surprise Switch 2 Port Is Coming According To A New Leak
Blizzard's action-RPG is reportedly bound for the Nintendo device next month
Why Flutter Entertainment (FLUT) Shares Are Trading Lower Today
What Happened? Shares of global online betting powerhouse Flutter Entertainment (NASDAQ:FLUT) fell 8.4% in the morning session after the company reported mix...
The long awaited Switch 2 version of Diablo 4 is reportedly coming in September
It’s been a year and a half since initial reports suggested a Switch 2 port was coming…
Cyclosporiasis cases in Michigan climb to over 12,000, state health officials say
Michigan health officials reported 12,218 cases linked to an outbreak of cyclosporiasis on Wednesday, an increase of 710 cases since its last update a day earlier.
Cyclosporiasis Cases in Michigan Climb to Over 12,000, State Health Officials Say
Aug 5 (Reuters) - Michigan health officials reported 12,218 cases linked to an outbreak of cyclosporiasis on Wednesday, an increase of 710 cases since its last update a day earlier. Michigan has reported the first two deaths associated with the outbreak, saying both individuals had significant ...
Uber stock drops as bookings guidance disappoints; CEO bets on robotaxi push to grow overall business
Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
RBA Q2 Deep Dive: Market Reacts to BigIron Integration and Evolving Business Mix
Commercial asset marketplace RB Global (NYSE:RBA) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 11.1% year on year to $1.3...
Mass. cyclospora cases spike amid national outbreak
The state reported 104 new cases in July.
Disney Ups Quarterly Entertainment Profit 64% to $1.68 Billion, Revenue Up 6% to $11.3 Billion
Disney Aug. 5 reported total entertainment revenue of $11.34 billion in the third quarter (ended June 27) from $10.7 billion in the previous-year quarter. Operating income skyrocketed 64% to $1.68 billion from $1.02 billion in the prior year period. Operating income growth was driven by streaming profits for Disney+ and Hulu, strong box-office returns from … Continue reading "Disney Ups Quarterly Entertainment Profit 64% to $1.68 Billion, Revenue Up 6% to $11.3 Billion"
MAT Q2 Deep Dive: Brand Investments and Entertainment Partnerships Shape Outlook
Toy manufacturing and entertainment company (NASDAQ:MAT) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 10.5% year on y...
Sitting up straight may improve your mood and decision-making
A simple change in posture may subtly affect how people feel and make decisions. Participants who sat upright reported greater feelings of pride and took more successful risks in a virtual balloon game than those who hunched over. Most did not realize researchers had influenced their posture, helping rule out the possibility that they were merely responding to expectations. The results suggest workplace ergonomics could influence more than physical comfort.
CVS Health to Revamp Weight Program in Eli Lilly Partnership
CVS Health said it will revamp its weight management program through a partnership with Eli Lilly as the company lifted its full-year outlook and reported a nearly threefold increase in its second-quarter profit.
Disney Streaming Q3 2026 Earnings, Parks AI Tool Use
Disney touted the success of "Toy Story 5" when it reported its latest quarterly earnings results for the June 2026 quarter.
Samsung is working on a smartwatch that doesn’t run Wear OS
We recently reported that the Galaxy Fit 4 could launch soon with upgraded wireless connectivity. Now, we have discovered that Samsung is working on a new smart
College football leaders seek an act of Congress to bring parity
The Texas Longhorns reportedly invested nearly $48 million in their roster as the Wisconsin Badgers spent $25 million.
55% in 5 minutes: the Pixel 11 could reportedly charge at this blistering speed
If this leak is true, the higher price of the Pixel 11 is totally justified.
Aaron Donald’s Post-Playing Career Plans Revealed Amid Return Rumors
Rams star Aaron Donald is reportedly eyeing a post-playing media career despite his rumored plans to return to football. The post Aaron Donald’s Post-Playing Career Plans Revealed Amid Return Rumors appeared first on LA Sports Report.
OpenAI reported 2 more incidents of rogue AI agents
External parties reported that OpenAI's AI agents had gone rogue during their evaluations.
Guardians reportedly expected to promote Angel Genao from Triple-A
Accel Entertainment (NYSE:ACEL) Posts Better-Than-Expected Sales In Q2 CY2026
Slot machine and terminal operator Accel Entertainment (NYSE:ACEL) reported Q2 CY2026 results topping the market’s revenue expectations, with sales up 9.6% y...
Accel Entertainment (ACEL) Releases Q2 2026 Earnings: Revenue Beats Estimates and EPS Jumps
Accel Entertainment, Inc. $ACEL reported second-quarter 2026 revenue of $368.1 million, up 9.6% from a year earlier and slightly ahead of Wall Street’s $363.6 million estimate. Gross profit rose 9.5% to $115.2 million, while operating profit climbed 19.3% to $32.1 million.The company also posted stronger bottom-line results, with net income attributable to common shareholders increasing 70.8% to $12.5 million. Diluted earnings per share came in a
Trump Is Making Another Big Mess With White House Helipad
He reportedly ordered workers to scrap some of their completed work on the multimillion-dollar project because he didn’t like how it looked.
SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business
SpaceX reported on Tuesday a 92% rise in revenue for the April-June quarter, in its first earnings since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses.
SpaceX quarterly revenue surges in debut results on strong growth in its Starlink business
SpaceX reported on Tuesday a 92% rise in revenue for the April-June quarter, in its first earnings since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses. The company's stock has declined 8% since its record-breaking initial public offering in June that valued the company at about $1.75 trillion. The stock could face additional pressure from the expiry of SpaceX's post-IPO lock-up period starting on Thursday, which may unleash a wave of insider and early-investor shares on the market.
Maryland’s youth turning over a new leaf? Survey shows positive trends.
Children used less alcohol and drugs in 2024 and reported less depression in the Maryland Department of Health’s 2024-2025 youth risk behavior survey.
McDonald’s Business Slows Amid Shakeup of Digital Deals
McDonald’s says an attempt to lure budget-conscious consumers backfired in its latest quarter. The fast food giant reported earnings Tuesday (Aug. 4)
Councilman says Midtown Costco will continue to provide pharmacy services in transition to business center
Costco leadership has reportedly agreed to continue to provide pharmacy services at the Midtown location if and when it transitions to a business center.
Linda Blair offers update on ‘bizarre’ raid of her property over reported kennel operation
Linda Blair is glad that that the ‘bizarre’ search of her property could ‘shed light’ on the animal rescue crisis amid the active investigation of a ‘kennel operation.’
GIGABYTE Reportedly Hikes GPU Pricing by Up to 40% in Japan
GIGABYTE is reportedly implementing a round of GPU price hikes ranging from 20% to 40%, depending on the model. According to Japanese hardware distributor CFD-BIZ, these price increases have been officially in effect since August 1st. While the specific GPU models affected by this pricing...
Rabbit fever cases detected in US. How to check for symptoms
Cases of tularemia, or rabbit fever, have been detected in the United States. Here are symptoms and where the rare disease has been reported.
Kentucky health officials investigating over 600 reported cases of cyclosporiasis
The Kentucky Department for Public Health says they are investigating 620 reported cases of cyclosporiasis statewide, 274 of which have been confirmed as of July 29.
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.