Media companies led by Walt Disney (DIS) and 21st Century Fox could get sacked for a loss if a regulatory crackdown on online fantasy sports networks puts the skids on fast-growing TV advertising dollars, say analysts. Fantasy sports market leaders DraftKings and FanDuel have become big advertisers during National Football League games and other sports programs. In September, DraftKings and FanDuel spent $118 million on TV ads combined, putting
One doesn’t need to be a globetrotter to find winning foreign companies — many of them trade in the U.S. market. Today’s IBD International Leaders screen of top rated global stocks includes three highly rated chipmakers. Two Apple suppliers make the list — Avago Technologies (AVGO) and ARM Holdings (ARMH) — as well as fabless semiconductor company Silicon Motion Technology (SIMO). All three are members of IBD’s Electronic-Semiconductor Fabless
Salesforce.com (CRM) stock popped as much as 7% to a record high Thursday, the morning after the pioneer in software-as-a-service reported its fiscal Q3 EPS ex items jumped 50% to 21 cents a share on revenue of $1.71 billion, up 24%. Not unusual for Salesforce, both metrics — and its sales guidance — beat Wall Street estimates, but the Q3 growth rates came after some tough comparisons . A year earlier, Q3 earnings rose 56% and sales 29%. And the