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David Tepper sends scathing letter to Whirlpool

David Tepper sends scathing letter to Whirlpool

David Tepper, Appaloosa Management Peter Foley/Bloomberg | Getty Images David Tepper, billionaire founder of hedge fund Appaloosa Management, sent a strongly worded letter to Whirlpool‘s board, accusing the appliance maker of destroying shareholder value and calling for sweeping changes to its strategy. Tepper said in the letter that he watched with “a certain astonishment” as…

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FSLR, GDDY, LOW, WDAY, CAVA

FSLR, GDDY, LOW, WDAY, CAVA

Check out the companies making headlines before the bell. GoDaddy — Shares dropped 9% after the company forecasted annual revenue below estimates, citing slow AI-related adoption. GoDaddy said it expects its revenue to come in between $5.195 billion and $5.275 billion this year, falling short of analysts’ consensus estimate of $5.28 billion, according to FactSet….

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Ticketmaster antitrust risks are easing, making its parent company’s stock a buy, says Wells Fargo

Ticketmaster antitrust risks are easing, making its parent company’s stock a buy, says Wells Fargo

Wells Fargo is bullish on Live Nation Entertainment as antitrust break-up risks tied to Ticketmaster begin to wind down. The bank initiated the live events and entertainment company with an overweight rating and $204 price target, implying upside of 29%. Analyst Steven Cahall applauded Live Nation’s strategy to deploy capital to become a concert owner…

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