Josh Schafer

Silicon Valley Bank’s (SIVB) recent failure is being felt throughout startup culture. The bank had long been a key player in funding startups and its failure is now expected to have a major impact on the industry moving forward, according to Varun Badhwar, Endor Labs Co-Founder and CEO. Badhwar, a serial entrepreneur, found himself scrambling to recover funds from Silicon Valley Bank last Thursday when a slack message crossed about the company’s stock price. Ultimately, Badhwar successfully reco…

Federal reserve chairman Jerome Powell testified on Capitol Hill this week, signaling further interest rate hikes than initially expected could be coming down the pike. Powell’s comments sent markets lower as investors pondered how Powell and the Fed plan to get inflation down to its 2% target rate. Powell is set to speak after the Fed’s next rate hike decision on Wednesday, March 22, 2022. Recent talk among Wall Street has centered around whether the Federal Reserve’s interest rate hikes will s…

Sports betting broke new records in 2022, according to new data released from the American Gaming Association.

An industry that’s been known for who is giving away the most free money to attract new customers is suddenly focused on how to make the most out of customers they already have.

Adidas’s decision to end its deal with Ye could see the company report its first annual loss in over 30 years in 2023 as it writes down the value of its Yeezy inventory.

Under Armour stock fell on Wednesday as executives warned the current promotional environment in retail could linger longer than expected.

The so-called “Yellowstone effect” has trickled into fashion, making Western wear like cowboy hats and boots increasingly popular across the U.S.

The so-called “Yellowstone effect” has trickled into fashion, making Western wear like cowboy hats and boots increasingly popular across the U.S.

One Wall Street analyst says it’s time to reset the lofty expectations for Lululemon.

Tesla stock’s recent decline has reached attractive levels and it’s time for investors to start positioning for a upswing, Piper Sandler argued in a recent note to clients.

Argentinian soccer legend Lionel Messi’s clothing brand The Messi Store made its U.S. market debut on Friday, with the stock jumping more than 200%.

Lululemon warned investors on Monday that it’s expecting gross margins to decline year-over-year in the fourth quarter.

While major stock market indexes just posted their worst years since 2008, major sports leagues like the NBA and the NFL reported record years of revenue and their highest-valued franchise sales ever in 2022.

For investors looking to offset any realized capital gains throughout 2022, this year’s market nosedive could work in their favor.

Nike’s record revenue in its latest quarter overshadowed a lingering inventory issue and continued pressure on margins.

Lululemon saw its best Black Friday ever but it wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday.

Lululemon saw its best Black Friday ever but it wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday.

DraftKings shares slid on Monday as a Wall Street analyst downgraded the stock citing a bleaker than expected outlook for the online gambling company in 2023.

The schedule shift for the World Cup, which is typically held in the summer, is presenting conflicts for sports fans at a busy time in the American sports calendar, and it may leave the world’s largest sporting event as an afterthought for sports gamblers.

The schedule shift for the World Cup, which is typically held in the summer, is presenting conflicts for sports fans at a busy time in the American sports calendar, and it may leave the world’s largest sporting event as an afterthought for sports gamblers.