Browsing: Swings

On August 6, PENN Entertainment (NASDAQ:PENN) reported second-quarter results that flipped from a year-ago loss into a profit. Net income came in at $32.6 million, compared with a loss of $18.3 million in the same quarter of 2025. Revenue rose to $1.86 billion from $1.77 billion, and Adjusted EBITDA climbed to $312.6 million from $236.1…

Sony and Marvel’s comic book adventure “Brand New Day” obliterated box office expectations, collecting a jaw-dropping $355 million from 4,300 North American theaters. It’s the second-biggest debut in domestic box office history, following 2019’s “Avengers: Endgame” with $357 million, not adjusted for inflation. “Brand New Day” could end up eclipsing that record if Monday’s final…