Athletic Brewing Company, a leading nonalcoholic brewer, has recently announced the successful completion of an equity financing round led by General Atlantic, raising an additional $50 million. This investment is expected to propel the company’s growth and expand its reach in response to the increasing demand for nonalcoholic beer among consumers. Athletic Brewing Company plans
Revenue
Boeing recently made headlines for agreeing to plead guilty to criminal fraud related to the fatal 737 Max crashes. This decision has branded the U.S. aerospace giant as a felon, but it allows them to avoid trial while they attempt to move past safety and manufacturing crises. The plea deal involves a significant fine of
The record summer air travel demand in the U.S. is not translating into record profits for airlines. Despite the forecast of record demand and revenue, higher labor and operational costs have eaten into the bottom lines of carriers. Some airlines have slowed down or even halted hiring due to slower demand growth and other challenges,
Micron Technology is a chipmaker that has been receiving a lot of attention from top-rated Wall Street analysts. Despite recent concerns about a potential economic slowdown, Micron Technology has managed to outperform expectations in the fiscal third quarter. The company’s strong performance can be attributed to the rising demand for artificial intelligence (AI) technology, which
Samsung Electronics recently witnessed a significant surge in its stock prices, reaching the highest level since January 2021. This spike comes as the South Korean tech giant announced better-than-expected profit projections for the second quarter of the year. The stock soared by as much as 2.24% on Friday morning, hitting a peak of 86,500 Korean
The landscape of women’s soccer ownership is rapidly changing with the increasing interest of private equity investors. Unlike other major U.S. sports leagues, such as Major League Soccer, the National Basketball Association, Major League Baseball, and the National Hockey League, where private equity investors are limited to passive, minority stakes, the National Women’s Soccer League
Passion tourism has become a significant trend among Americans, with more and more people traveling overseas to fulfill their personal interests and hobbies. This trend has been highlighted by events such as annual Carnival festivals, total solar eclipses, major sporting events, and most recently, Taylor Swift concerts. According to travel experts, passion tourism is all
In a time when the entertainment industry is facing unprecedented challenges, Fathom Events has managed to defy the odds by posting record revenue gains. Contrary to the struggling box office, Fathom Events, a joint venture between major theater chains AMC, Regal, and Cinemark, has been thriving. With a history of 20 years, Fathom Events has
Investors often turn to dividend-paying stocks as a way to enhance their portfolios and increase their returns. However, not all dividend stocks are created equal. It is crucial to conduct thorough research and analysis before making investment decisions. In this article, we will delve into three dividend stocks recommended by top analysts on TipRanks, examining
The iconic clothing brand, Levi Strauss, is experiencing a resurgence in popularity thanks to the growing trend of Western wear. In a recent earnings report, CEO Michelle Gass highlighted the surge in demand for denim beyond the traditional blue jeans that Levi’s is known for. The popularity of Western style has been on the rise,