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 illustration by Connor Lin / The Daily Upside

Artificial Intelligence

AI Could Upend Electricity Demand

AI’s energy needs are enormous, and could have a once-in-a-generation impact on the electricity market.

5 min read
Photo by Sachina Hobo via Unsplash

Healthcare

Walgreens Plans to Shutter Stores and Refocus after Weak Earnings

Walgreens’ new leader is planning a rebound for the chain, starting with shuttering a substantial, if unspecified, number of US locations.

1 min read
Photo by Andrew Stickelman via Unsplash

Consumer

Amazon Sets up a Rival to Shein and Temu

Amazon’s setting up a discounted shop that will fly products to consumers from China. It’s meant to copy Shein and Temu’s business models.

2 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

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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