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StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward
StubHub Shares Plunge As Weak Outlook Fuels Fears World Cup Pulled Spending Forward
StubHub shares plunged 20% in premarket trading as uncertainty surrounding its second-half outlook fueled concerns that World Cup demand temporarily pulled forward discretionary spending on entertainment and events.
..back near four month lows...
StubHub's second-quarter results were mixed. Revenue climbed 33% to $573.1 million, beating the $513.3 million Bloomberg consensus estimate, while adjusted EBITDA of $105.7 million also topped expectations. Earnings per share were flat, missing the 9-cent consensus estimate.
2Q26 Earnings Snapshot:
Adjusted EBITDA: $105.7 million; estimate: $101.7 million
EPS: $0;...
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Oct 27, 2026 / Tyler Durden
Futures Rise, Oil Slides As Iran's Supreme Leader Talks Peace And Shrugs Off Ras Tanura Attack
Futures Rise, Oil Slides As Iran's Supreme Leader Talks Peace And Shrugs Off Ras Tanura Attack
US futures are higher as hopes for a diplomatic end to the Iran war got a fresh boost after Monday's Mecca Pact talks in Tehran, with Supreme Leader Mojtaba Khamenei calling for pursuing the conditions set out by Iranian officials to end the war and an Iranian ambassador floating a seven-day plan to reopen Hormuz, which more than offset a Houthi missile attack on Saudi Arabia's Ras Tanura refinery; as a result oil slid...
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Apr 8, 2026 / Dave DeCamp
Iranian Media: Iran Halting Traffic Through the Strait of Hormuz in Response to Israel’s Attacks on Lebanon
Iranian media reported on Wednesday that Iran has halted traffic through the Strait of Hormuz in response to Israel’s escalations and its continued bombing campaign in Lebanon. “The passage of oil tankers through the Strait of Hormuz has been halted following Israel’s attacks on Lebanon,” Iran’s Fars news agency has reported. Pakistan Prime Minister Shehbaz […]
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Mar 29, 2026 / Tyler Durden
US To Let Russian Oil Tanker Deliver Fuel To Cuba: Report
US To Let Russian Oil Tanker Deliver Fuel To Cuba: Report
A week after Russian tankers loaded with fuel for Cuba were diverted due to a months-long US oil blockade, the US Coast Guard is permitting a Russian vessel carrying an estimated 730,000 barrels of crude oil to reach Cuba, the NY Times reports, citing an official briefed on the matter.
The tanker - Anatoly Kolodkin - owned by the Russian state-controlled shipping company Sovcomflot under U.S. sanctions since 2024 - left Primorsk, Russia on march 9, and is now expected to dock at...
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