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Last year I came in second; this year I came in last but I was the only one who got a hole-in-one. I don’t know how that happened, but I’m bragging about it. I never played miniature golf or any kind of golf until last year. Who knows what I can do next year.
PlayStudios delivered the weakest performance against analyst estimates and slowest revenue growth in the group. The company reported 13.6 million monthly active users, down 2% year on year. As expected, the stock is down 24.1% since the results and currently trades at $1.48.
DraftKings reported revenues of $1.10 billion, up 26.2% year on year. This number was in line with analysts’ expectations. Overall, it was a very strong quarter as it also recorded an impressive beat of analysts’ operating margin estimates and full-year revenue guidance exceeding analysts’ expectations.
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One of the largest showboats ever built, the grand General Jackson is an elegant triumph of American ingenuity. The General Jackson was built by the largest inland shipbuilder in the United States, Jeffboat, and was launched on the Ohio River in Indiana to start the journey to its new home on Nashville’s Cumberland River on April 20, 1985.
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We leave early and stop for breakfast at Jack’s Greasy spoon aka Pop’s Greasy Spoon in Salem, Ohio. We found this treasure last year when we were so desperate to find a place to eat that the title Greasy Spoon did not turn us off. His motto is “It’s not healthy but it tastes so good.”
Calling all Swifties! Taylor’s world tour is landing in New Orleans and we want to welcome her fans, Creole Queen Style! Embark on the “Era Cruise” for an evening of Taylor Swift’s greatest hits aboard a charming riverboat… SEE DETAILS >
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Recently I spent three days and two nights in Sugarcreek, Ohio. Known as “The Little Switzerland of Ohio,” it’s part of the largest Amish settlement in the world. Don’t go on a Sunday, because most places are closed by 8 p.m.— except for the theaters, which are well worth seeing.
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Inflation progressed towards the Fed’s 2% goal recently, leading the Fed to reduce its policy rate by 50bps (half a percent or 0.5%) in September 2024. This is the first cut in four years. While CPI (inflation) readings have been supportive lately, employment measures have bordered on worrisome. The markets will be debating whether this rate cut’s timing (and more potential ones in 2024 and 2025) is ideal for supporting the economy or a bit too late for a macro that has already cooled too much.
Inspired reported revenues of $75.6 million, down 4.8% year on year. This print surpassed analysts’ expectations by 1.7%. However, it was a slower quarter as it produced a miss of analysts’ earnings estimates.
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