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Sphere Stock Could Go In 'One Direction' Thanks To This Musician
Friday, March 7, 2025 - 5:18pm | 735Sphere Entertainment Co (NYSE:SPHR) is best known for its iconic one-of-a-kind Las Vegas entertainment venue that has hosted the likes of U2, Phish, The Eagles and will soon host Dead & Company. The venue has a pipeline of artists set to host concerts soon and could be adding one of the biggest...
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Sphere Entertainment Expands Beyond Las Vegas, CEO Calls New Venue In Abu Dhabi 'Significant Milestone'
Wednesday, October 16, 2024 - 10:21am | 527Sphere Entertainment Co. (NYSE:SPHR) is building a new venue in Abu Dhabi, the capital of the United Arab Emirates. The Details: The Sphere venue in Abu Dhabi would be the second in the world after the Sphere's Las Vegas location opened in 2023. Abu Dhabi's Sphere will echo the scale of the 20,...
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Sphere Entertainment Upgraded On 'Proven Out' Model: Global Franchise Potential Not Yet Priced In
Monday, August 19, 2024 - 8:31am | 460The Las Vegas Sphere has captured the hearts of music, movie and sports fans since opening in 2023. An analyst has upgraded shares of the company behind the iconic Las Vegas venue, citing the early success of its business model. The Sphere Entertainment Analyst: JPMorgan analyst David Karnovsky...
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Las Vegas Sphere Could Soon Show Classic Film 'The Wizard Of Oz': Will Shareholders Follow The Yellow Brick Road To Profits?
Thursday, August 8, 2024 - 6:31pm | 694One of the most well-known films is coming to the Las Vegas Sphere. Could "The Wizard Of Oz" follow the iconic venue's path to growth with unique experiences and concerts? What Happened: The Las Vegas Sphere hosted bands U2 and Phish with plans for The Eagles and Dead & Company to join the list...
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Steve Cohen Bets On Las Vegas: New York Mets Owner Takes 5.5% Stake In Sphere, Could More Sports Events Be On The Horizon?
Tuesday, June 25, 2024 - 10:42am | 639New York Mets owner Steve Cohen‘s new stake in Sphere Entertainment Co (NYSE:SPHR) could signal a future bet on more sports-related events at the ball-shaped venue. What Happened: Cohen's Point72 Asset Management hedge fund recently disclosed a 5.5% stake in Sphere Entertainment with 1.56...
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Amazon's AI Tested In Major UK Train Stations To Combat Crime: What You Need To Know
Monday, June 17, 2024 - 1:23pm | 461Several underground train stations in the United Kingdom have adopted Amazon.com Inc (NASDAQ:AMZN) facial recognition technology in the Seattle-based company’s latest flex of its AI muscles. What Happened: Wired reported the program’s existence, citing partially redacted documents from...
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New York Knicks Owner Faces Lawsuit, Could Legal Troubles Lead To Sale Of NBA Team? Madison Square Garden Sports Could Excite Sports Fans, Investors
Wednesday, January 17, 2024 - 7:47pm | 949There are a limited number of publicly traded sports teams available for investors across the various North American sports leagues. One public company offers ownership of a leading National Basketball Association and National Hockey League team and enters the spotlight with potential legal...
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Las Vegas Sphere Debut Was A Huge Hit: Here Are Stocks That Could Benefit
Monday, October 2, 2023 - 3:26pm | 478Sphere, located at the Venetian Resort in Las Vegas, is a $2 billion orb for hosting concerts, sporting events and other entertainment. It opened over the weekend with a U2 concert and videos quickly spread on social media as users marveled at the futuristic design and unique concert...
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Knicks Owner, Madison Square Garden Founder James Dolan Tests Positive For Coronavirus
Sunday, March 29, 2020 - 10:03pm | 311The Madison Square Garden Company (NYSE: MSG) founder and chairman James Dolan has tested positive for the novel coronavirus (COVID-19). What Happened The public relations handle of the New York Knicks, the National Basketball Association team owned by Dolan, announced the development late Saturday...
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Alibaba Co-Founder Joe Tsai To Take Sole Ownership Of Brooklyn Nets, Barclays Center
Friday, August 16, 2019 - 12:08pm | 417Joe Tsai, co-founder of the Chinese e-commerce company Alibaba Group Holding Ltd (NYSE: BABA), will be the sole owner of the NBA’s Brooklyn Nets and the team’s arena. What Happened The league and team announced Friday that Russian billionaire Mikhail Prokhorov will sell the remaining 51...
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Josh Brown Calls The New York Knicks 'Embarrassing'
Tuesday, July 2, 2019 - 7:40am | 344Josh Brown said on Monday's "Halftime Report" he is downgrading Madison Square Garden Co (NYSE: MSG) on its lackluster NBA free agency performance. "You had room for two max deals, you got no one. No one wants to be here. It’s embarrassing," said the passionate Knicks...
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Durant Joins Irving, Knicks Stand Pat: The NBA Sees Huge Shakeup In Free Agency
Monday, July 1, 2019 - 12:38pm | 488The movement of players in the NBA’s offseason free agency period is so riveting it can rival the play on the court. With over $3 billion in deals made in just one day, this year's NBA free agency is arguably the most exciting one yet, with Kevin Durant and Kyrie Irving set to join the...
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Shareholder Lawsuit Against Madison Square Garden Says CEO Overpaid; Dolan Family Calls It 'Corporate Extortion'
Thursday, May 2, 2019 - 11:32am | 684A shareholder lawsuit filed against The Madison Square Garden Company (NYSE: MSG) and New York Knicks CEO James Dolan alleges he’s paid far more than similar CEOs and spends too much time away from the job touring with his band. What Happened The lawsuit, first reported by...
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Madison Square Garden Strikes Sponsorship Deal With Pepsi, Ending Century-Long Coke Partnership
Tuesday, July 24, 2018 - 2:50pm | 422PepsiCo, Inc. (NASDAQ: PEP) may have just scored the biggest win at Madison Square Garden in years. What Happened? Madison Square Garden Co (NYSE: MSG) announced a partnership with Pepsi that makes the beverage company the official non-alcoholic drink at all of Madison Square...
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Not Exactly Optimum From Cablevision
Tuesday, August 9, 2011 - 12:50pm | 575Not exactly an "optimum" quarter for Cablevision Systems (NYSE: CVC), was it? The Bethpage, N.Y.-based company reported earnings of 31 cents per share on $1.69 billion in revenues. Wall Street expectations had been for 42 cents per share on $1.87 billion in revenues. Cablevision President and...