Jefferies on Thursday came out with a bullish stance on Spotify (NYSE:SPOT), Warner Music (NASDAQ:WMG), and Universal Music (OTCPK:UMGNF), rating them all as “buy,” with Spotify being the top pick out of the three music streamers. On Spotify, the research firm expects consistent price hikes, bundling, and gross margin expansion.Continue Reading
Scott Olson/Getty Images News Stifel singled out DraftKings (NASDAQ:DKNG) as a top pick heading into the Q2 earnings season and the second half of the year. Analyst Jeff Stantial thinks the setup is favorable for a share price recovery from the recent slide, driven primarily by the Illinois tax hikeContinue Reading
Fossil Group (NASDAQ:FOSL) has engaged Ankura Consulting Group, to provide interim-CFO services and has appointed Andrew Skobe as the Co.’s Interim CFO, effective immediately. Skobe assumes the CFO role from Sunil Doshi, who is leaving the Co. for another opportunity. Doshi will remain with the Co. through July 19, 2024,Continue Reading
Name entity recognition (NER) is the process of extracting information of interest, called entities, from structured or unstructured text. Manually identifying all mentions of specific types of information in documents is extremely time-consuming and labor-intensive. Some examples include extracting players and positions in an NFL game summary, products mentioned inContinue Reading
