03:08 PM EDT, 08/06/2024 (MT Newswires) -- FuboTV's ( FUBO ) efforts to achieve profitability by 2025 could be significantly impacted by its ongoing lawsuit against the planned Venu Sports joint venture, involving Fox (FOX), Disney (DIS) and Warner Bros. Discovery (WBD), Wedbush said in a note Tuesday. Wedbush noted that while Fubo is working towards reducing cash burn and...

03:23 PM EDT, 08/06/2024 (MT Newswires) -- XWELL ( XWEL ) shares surged as more than 22% in recent trading Tuesday after the company said it is seeking to raise $1.4 million from a registered direct offering priced at a premium to market. The company said its offering of 652,705 of its common shares at $2.18 per share is expected...

NEW YORK, Aug 6 (Reuters) - Selling pressure by volatility-linked funds that exacerbated losses in U.S. stocks over recent days may be on track to ease, analysts said. Volatility-linked strategies, including volatility control funds and equities trend-following commodity trading advisers (CTAs) control funds, are systematic investment strategies that typically buy equities when markets are calm and sell when they grow...

Dell Technologies Inc. ( DELL )   shares are trading lower on Tuesday. The company announced a significant reorganization within its sales teams, including job cuts and a new focus on artificial intelligence (AI) products and services. What To Know: According to Bloomberg, Dell executives Bill Scannell and John Byrne communicated to employees that the company is “getting leaner” by streamlining...