Here is a concise summary of the news article: Vladimir Galkin, a major shareholder of Newegg Commerce, Inc. (NASDAQ:NEGG), purchased 222,222 shares of the company's stock on July 14th at an average cost of $41.14 per share. The total value of the purchase was $9,142,213.08, increasing Galkin's ownership stake to 2,444,444 shares, valued at $100,564,426.16. This represents a 10.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC. Newegg Commerce operates as an electronics-focused e-retailer in North America, offering a wide range of products.
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July 17, 2025 • By Shelley Singh
The global IT services industry is experiencing a shift due to tariff-related uncertainty and cautious client behavior. Tata Consultancy Services (TCS) missed revenue estimates in Q1FY26, citing demand contraction caused by global macroeconomic and geopolitical uncertainties. Accenture's CEO maintained that the company remains on track for strong growth, but its government business has been impacted by US federal policy changes. The industry is seeing deferred discretionary spending and project starts, with clients waiting for clarity on US tariffs and fiscal policy. However, AI, especially agentic AI, is emerging as a strategic lever, and companies like Accenture are restructuring to pivot towards it. The industry is at a crossroads, with tariff uncertainty dampening near-term growth, but AI is expected to drive long-term growth. India has established itself as a global hub for Global Capability Centres (GCCs), with over 1,800 centers as of FY25, and is expected to have almost 5,000 GCCs with 4-5 million direct employment by 2030.
July 17, 2025 • By Global Desk
Venus Williams has a net worth of $95 million, significantly surpassing her fiancé Andrea Preti's net worth of $1 million. Williams' wealth comes from her successful tennis career, endorsements, and business ventures, while Preti has built his wealth through modeling, acting, and producing in the Italian entertainment industry.
July 17, 2025 • By MarketBeat News
Mutual of America Capital Management LLC reduced its stake in Churchill Downs, Incorporated (NASDAQ:CHDN) by 2.6% in the 1st quarter, according to its recent Form 13F filing. The firm now owns 37,827 shares, valued at $4,201,000. Other institutional investors, including Vanguard Group Inc., FMR LLC, Boston Partners, and Schroder Investment Management Group, have increased their holdings in the company. Churchill Downs' stock opened at $105.41 on Thursday, with a market cap of $7.61 billion and a 52-week low of $85.58. Several research firms have commented on the company, with an average rating of "Moderate Buy" and an average target price of $138.18. Insiders, including Director Douglas C. Grissom and Director R Alex Rankin, have also purchased shares of the stock.
July 17, 2025 • By MarketBeat News
Arizona State Retirement System reduced its stake in Hasbro, Inc. (NASDAQ:HAS) by 1.2% in the first quarter, selling 451 shares and owning 37,982 shares worth $2,336,000. Other institutional investors, including Vanguard Group Inc., Geode Capital Management LLC, and Invesco Ltd., increased their stakes in Hasbro. Several analysts have upgraded the stock, with a current average rating of "Buy" and a price target of $81.67. Hasbro reported earnings of $1.04 per share, beating estimates, with revenue up 17.1% year-over-year. The company has a market cap of $10.64 billion and a P/E ratio of 25.06.
July 17, 2025 • By MarketBeat News
Arizona State Retirement System reduced its stake in TKO Group Holdings by 0.9% in the first quarter, owning 20,964 shares valued at $3,204,000. Other institutional investors, such as Sentry Investment Management and Bartlett & CO. Wealth Management, also purchased new positions in TKO Group during the quarter. Several research analysts have commented on TKO shares, with most giving a "buy" or "overweight" rating and an average price target of $168.08. The company reported $0.69 earnings per share for the quarter, beating analysts' estimates, and has a market capitalization of $33.48 billion. Insiders, including Director Nick Khan and major shareholder Lake West Voteco L.L.C Silver, have also made significant transactions in the company's stock.
July 17, 2025 • By MarketBeat News
M&T Bank Corp decreased its position in Flutter Entertainment PLC (NYSE:FLUT) by 4.1% during the 1st quarter, owning 1,877 shares worth $416,000. Other hedge funds also modified their holdings, with some acquiring new stakes and others boosting their existing holdings. The stock opened at $296.51 on Thursday, with a 50-day simple moving average of $263.39 and a 200-day simple moving average of $255.04. Several brokerages have commented on FLUT, with target prices ranging from $293.00 to $353.00 and ratings including "overweight", "buy", and "outperform". Insiders sold 7,770 shares of company stock worth $1,894,934 in the last quarter. Flutter Entertainment operates as a sports betting and gaming company in several countries, offering various products including sports betting, iGaming, and online sports betting.
July 17, 2025 • By Beaucoup
A digital studio partnered with Meet Your Legend to create a mentorship platform for the next generation of creatives in VFX, animation, and video game production. The platform connects aspiring talent with industry legends, providing a bridge between generations of creatives. The studio built a brand identity around the concept of "movement," creating a vivid digital identity and interactive platform that captures the qualities of career momentum, knowledge transfer, and emotional propulsion. The platform features a modular and adaptable system, a narrative arc, and a cinematic experience that immerses users in the world of creativity. The design includes a custom typography system, a cinematic color palette, and a modern tech stack that delivers a responsive and cinematic experience. The platform aims to inspire and educate the next generation of creatives, providing a unique and engaging experience that sets it apart from other online learning platforms.
July 17, 2025 • By MarketBeat News
Xponance Inc. increased its stake in Roku, Inc. (NASDAQ:ROKU) by 4.0% during the 1st quarter, owning 14,597 shares worth $1,028,000. Other hedge funds and institutional investors also made changes to their positions in the company. Roku reported ($0.19) earnings per share for the quarter, beating analysts' estimates, with revenue of $1.02 billion, up 15.8% from the same quarter last year. Analysts expect the company to post -0.3 EPS for the current fiscal year, with a consensus target price of $92.67 and an average rating of "Moderate Buy". Insiders have sold 96,520 shares of company stock worth $7,898,294 in the last three months, with corporate insiders owning 13.98% of the company's stock.
July 17, 2025 • By MarketBeat News
Xponance Inc. increased its stake in The Ensign Group, Inc. (NASDAQ:ENSG) by 1.3% in the first quarter, owning 8,059 shares valued at $1,043,000. Other investors, including Opal Wealth Advisors LLC, AdvisorNet Financial Inc, and Blue Trust Inc., also modified their holdings in the company. Institutional investors and hedge funds own 96.12% of the company's stock. Insiders, including Director Daren Shaw and CFO Suzanne D. Snapper, sold shares in recent transactions. The company reported $1.52 EPS for the quarter, topping analysts' estimates, and declared a quarterly dividend of $0.0625. The Ensign Group provides skilled nursing, senior living, and rehabilitative services, operating through two segments: Skilled Services and Standard Bearer.
July 17, 2025 • By MarketBeat News
Xponance Inc. reduced its stake in MGM Resorts International (NYSE:MGM) by 2.2% in the first quarter, selling 690 shares and leaving it with 30,314 shares worth $899,000. Other institutional investors, including Mascagni Wealth Management and Golden State Wealth Management, also modified their holdings in MGM. The company's insiders, including Directors Daniel J. Taylor and Keith A. Meister, sold a total of 105,261 shares valued at $3,486,367 in the last quarter. MGM Resorts International reported quarterly earnings of $0.69 per share, beating the consensus estimate, and announced a share repurchase plan of up to $2.0 billion. Analysts have given the stock an average rating of "Moderate Buy" with a price target of $47.94.
July 17, 2025 • By Cesar Cadenas
The article explains the meaning of "ZDNET Recommends" and how the website provides unbiased recommendations based on thorough testing, research, and comparison shopping. ZDNET's editorial team writes independent reviews, unaffected by advertisers, to help readers make informed buying decisions. The article highlights a deal on the 16-inch LG Gram laptop, which has been discounted by $1,000 to $1,200, a 45% savings. The laptop features solid hardware, a vibrant touchscreen display, and a long-lasting battery. The deal is rated 5/5 by the editor and is recommended for those looking for a lightweight and powerful laptop. The deal is available for a limited time, ending on July 13, and ZDNET encourages readers to act fast.
July 17, 2025 • By MarketBeat News
Alps Advisors Inc. has purchased a new position in Mattel, Inc. (NASDAQ:MAT) with 17,810 shares valued at approximately $346,000. Other hedge funds, including Raymond James Financial Inc. and Zurcher Kantonalbank Zurich Cantonalbank, have also modified their holdings of MAT. Institutional investors own 97.15% of the company's stock. Mattel's stock has a 50-day moving average of $19.37 and a 200-day moving average of $18.82, with a market cap of $6.33 billion. Several equities research analysts have weighed in on the stock, with four rating it as "hold" and five as "buy", and a consensus price target of $24.13.
July 17, 2025 • By etimes.in
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July 17, 2025 • By Karolina Kaminska
Narrative Entertainment's children's channels, Pop, Tiny Pop, and Pop Up, are launching on Pluto TV in the UK. The channels will feature shows like Miraculous: Tales of Ladybug & Cat Noir and Dragon Ball Super. Narrative Entertainment has also launched a kids-focused ad sales house called Frame, which aims to provide brands with alternative advertising options and create high-quality ad experiences for family audiences. Frame's MD, Elizabeth Anyaegbuna, has experience in senior media roles and previously launched ad agency 16×9 Media.
July 17, 2025 • By toynewsi.com, toynewsi.com
Here is a concise summary of the news article: McFarlane Toys has announced a new 7" scale action figure based on the DC Studios' series "Peacemaker". The figure, which will be available for pre-order on July 24th, includes accessories such as Peacemaker's "big gun", 3 interchangeable helmets, Eagly, an unmasked head portrait, and a figure display base. The figure will be showcased at PEACEFEST in San Diego from July 24-27. "Peacemaker" Season 2 is set to premiere on HBO Max on August 21st.
July 17, 2025 • By MarketBeat News
Nisa Investment Advisors LLC increased its stake in Nexstar Media Group, Inc. (NASDAQ:NXST) by 22.9% in the first quarter, owning 1,632 shares worth $292,000. Other institutional investors, including Brown Advisory Inc. and TD Private Client Wealth LLC, also raised their positions in the company. Insiders, such as Sean Compton and Dana Zimmer, sold shares in recent transactions. Nexstar Media Group reported $3.37 earnings per share for the quarter, beating analysts' estimates, and announced a quarterly dividend of $1.86 per share. Analysts have a "Moderate Buy" consensus rating for the stock, with a consensus price target of $205.71.