Industries

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

Photo by Justin via Unsplash

Consumer

Nestlé Tries to Hitch a Ride with Formula 1

Nestlé and Formula 1 announced on Monday that starting with the upcoming 2025 season KitKat will be the sport’s “official chocolate bar.”

1 min read
Photo by Hapabapa via iStock

Healthcare

Abbvie Shares Sink Following Two Poor Trials

Dissapointing results for two mid-stage trials strikes a blow in Abbvie’s expensive pipeline-via-M&A strategy.

2 min read
Photo via Novo Nordisk

Healthcare

Novo Nordisk’s Doing Brilliantly, Just Not Brilliantly Enough

Novo Nordisk reported earnings, posting some chunky year-over-year growth and far outperforming its only real rival at the moment, Eli Lilly.

1 min read

Media & Entertainment

Scary Movie ’25? Trump Threatens Tariffs on Foreign Films

Photo by Getty Images via Unsplash

President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.

2 min read

Technology

Grand Theft Auto VI Delay Steals the Thrills From Video Game Industry

Photo by Alena Darmel via Pexels

The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.

2 min read

Photo by Kirk Allen via CC BY 3.0

Consumer

TGI Fridays Files for Chapter 11 Bankruptcy

This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.

1 min read
Photo by Jethro Carullo via Unsplash

Energy

Oil Giants Need Gas More than Oil Right Now

Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Macrovector via Freepik

Media & Entertainment

Did Streaming Kill the Music Industry?

Music streaming services that offer more or less all the recorded music in history. So how is the industry supposed to grow?

4 min read

Markets

Coca-Cola Sees Glass Half Full Even as Trade War Drains Fizz From Pop Sales

Photo by Eric Prouzet via Unsplash

Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.

2 min read

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