Latest news with #DoubleDown
Yahoo
3 days ago
- Business
- Yahoo
HGTV, TruTV twins pledge Omaha return to spark more affordable housing
A "fireside chat" at the Reignite2Unite development symposium in Omaha featured Anthony and Anton Downing, twin brothers known for their show "Double Down" on HGTV and currently featured on "Backyard Bar Wars" on truTV. Moderating is Cristina Castro-Matukewicz, Wells Fargo vice president of community relations. (Cindy Gonzalez/Nebraska Examiner) OMAHA — The 'Downing Brothers' — Chicago firefighter twins known for their HGTV show on real estate investment — were in Omaha for a brief appearance and committed to an encore visit they hope will electrify local efforts aimed at boosting affordable housing. In town to speak Thursday at a conference, Anthony and Anton Downing toured a few housing sites and visited with nonprofit leaders working in the industry. During the event luncheon, they also clicked with Omaha's Mayor-elect John Ewing Jr., a fellow first responder and affordable housing advocate who helped persuade them to return. Beckoned to the stage by Ewing, the twins in a sort of spontaneous moment agreed to come back and work with the Omaha Municipal Land Bank on a still-to-be-determined project. 'It's important to shine a big light on government and nonprofit organizations whose work is in affordable housing,' Anthony said later, in explaining the decision. 'We're connectors,' said Anton, who hopes the future project can arouse funding and other opportunities, including perhaps an Omaha role in one of their shows. Omaha's alliance with the Downing Brothers represented the kind of networking and relationship-building that conference organizers hoped for during the two-day Reignite2Unite development symposium, which aimed to provide emerging developers and others with tools and resources to turn vacant properties into community assets. Hosting the event that drew more than 250 people to the Marriott at the Capitol District was Omaha Municipal Land Bank, Spark CDI and Front Porch Investments. Workshops featured other national and local experts who shared tips on such topics as access to capital, innovative policies and construction that promote integrated and affordable housing, land banks and community land trusts. Joe Mitchell, newly appointed administrator for the Great Plains four-state region of U.S. Department of Housing and Urban Development, which includes Nebraska, also spoke and assured the group that the Omaha HUD office was not slated for closure. He said he'd like to see developers have more access to funding and capital. Big demand for affordable housing calls for big approach in suburban Nebraska During the luncheon, Ewing — who moves into the mayor's office Monday, after defeating three-term Mayor Jean Stothert in May — told the crowd he is a longtime supporter of affordable housing efforts, having served on boards such as Habitat for Humanity Omaha. The former Douglas County treasurer said homeownership is a priority issue he often talked about on the campaign trail and wants to promote as mayor. Ewing recalled the pride he, his siblings and parents felt when he was 15 years old and the family bought their first home. The initials carved into the cement by the Ewing kids remain nearly 50 years later at the house where his parents still live. 'That was one of the most motivating, inspiring things that happened in my life,' said Ewing, adding that homeownership offers hope. The new mayor said he wants Omahans to have the opportunity to own homes. 'Not only does it inspire our young people, it allows families to build generational wealth,' he said. He referred to something former Omaha City Councilwoman Brenda Council, who was in the audience, once told him: 'To a young person without hope, consequences mean absolutely nothing.' The Downings said they are unsure of the project they'll help tackle in Omaha but said they are committed to a return. 'This is not a one and done situation,' Anthony said. The twin brothers, age 43, star on 'Backyard Bar Wars,' on truTV. Raised on the south side of Chicago by a Bahamian mother and an African-American father, they headed to the Bahamas after their Omaha stay, where they are working on a housing project. The brothers said they still fight fires in Chicago, and began real estate ventures after witnessing the need for community development while on that job. Through their 'Homecoming with the Downing Brothers' podcast, TV and a comic-style super heroes book about real estate, they said they stir conversations about real estate investment that didn't previously exist in many Black households. During their talk at the conference, the Downings recommended that communities launch programs early, teaching young teens about investing and financial literacy. Leslie Smith, executive director of the Omaha Municipal Land Bank, said organizers chose the duo as keynote speakers because of their motivation and advice. 'They speak of a call for action — to galvanize resources available to us — and they do it from a practical lens,' Smith said. Several developers were recognized Thursday with awards: Outstanding Emerging Developer: Ernesto and Penny Marquez of the Marquez Co., for their Pinkney Street Duplex rental project financed with a Spark Capital rehab loan. Community Impact Award: Omaha Economic Development Corp., for The Larimore at 3483 Larimore Ave. The 45-unit repurposed commercial building, aided by sources including public tax-increment financing and low-income housing tax credits, is for seniors that make 30% to 60% of the area's median income. Public-Private Partnership Award: Canopy South, Omaha Housing Authority and City of Omaha, for the first phase (92 units, mixed-income residential) of the Southside Terrace-Indian Hill Choice Neighborhoods Transformation Plan. Community Advocate Award: Jeff Spiehs, an urban planner and real estate developer focused on community engagement. His involvement includes being a faculty member of Spark's Developer Academy and ChangeMaker programs. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
Globe and Mail
26-05-2025
- Business
- Globe and Mail
Bullish Tesla Analyst Raised Price Target to $500. Here's Why
In this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of May 19. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices us ed were from the trading day of May 23, 2025. The video was published on May 24, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $340,468!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $37,070!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $639,271!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of May 19, 2025 Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Globe and Mail
22-05-2025
- Business
- Globe and Mail
The Best AI Stock: Nvidia Stock vs. AMD Stock
Nvidia (NASDAQ: NVDA) and AMD (NASDAQ: AMD) are excellent companies, but only one can be the best in this head-to-head comparison. *Stock prices used were the afternoon prices of May 19, 2025. The video was published on May 21, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $351,127!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $40,106!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $642,582!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of May 19, 2025 Parkev Tatevosian, CFA has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices and Nvidia. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Globe and Mail
19-05-2025
- Business
- Globe and Mail
Tesla Stock Surges, but Is Trouble Ahead?
In this week's video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of May 12. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices us ed were from the trading day of May 16, 2025. The video was published on May 17, 2025. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $351,127!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $40,106!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $642,582!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of May 19, 2025 Neil Rozenbaum has positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Yahoo
14-05-2025
- Business
- Yahoo
DoubleDown Q1 Earnings & Revenues Miss Estimates, ARPDAU Up Y/Y
DoubleDown Interactive Co., Ltd. DDI first-quarter 2025 earnings and revenues missed their respective Zacks Consensus Estimate. Following the results, the company's shares declined nearly 2% in the after-hours trading session company's results were hurt by dismal social casino/free-to-play games revenues. The company reported earnings per share (EPS) of 48 cents, which missed the Zacks Consensus Estimate of 55 cents by 12.7%. In the prior-year quarter, it reported an EPS of 61 cents. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Revenues of $83.5 million also missed the consensus mark of $84 million. The top line declined 5.2% on a year-over-year basis. SuprNation iGaming operations contributed $13.2 million (up 59% year over year) to the quarter's revenues. However, revenues from the social casino/free-to-play games were $70.3 million in the quarter, down 12% year over revenue per daily active user (ARPDAU) for the company's social casino/free-to-play games increased to $1.29 from $1.26 reported a year ago. The average monthly revenue per payer for the social casino/free-to-play games decreased 1.8% year over year to $276. DoubleDown Interactive Co., Ltd. Sponsored ADR price-consensus-eps-surprise-chart | DoubleDown Interactive Co., Ltd. Sponsored ADR Quote Adjusted EBITDA decreased to $30.8 million from $32.7 million reported in the year-ago quarter. Adjusted EBITDA margin contracted 20 basis points to 36.9% year over operating expenses decreased year over year to $53.9 million from $57 million. This decline was primarily due to a decrease in cost of revenues resulting from lower revenues and reduced research and development expenses, partially offset by an increase in general and administrative expenses. As of March 31, 2025, DoubleDown had cash and cash equivalents of $365.7 million compared with $334.9 million as of Dec. 31, the end of the first quarter, net cash from operating activities was $41.1 million compared with $35.7 million in the year-ago period. DoubleDown currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Norwegian Cruise Line Holdings Ltd. NCLH reported first-quarter 2025 results, with earnings and revenues missing the Zacks Consensus Estimate. Both top and bottom lines decreased on a year-over-year in the quarter were hurt by a 2% decline in Capacity Days, stemming from a higher number of Berths out of service due to larger ships undergoing dry-dock, as well as a strategic move to reduce passenger air participation rates. For 2025, Norwegian Cruise anticipates occupancy to be approximately 102.5% compared with the prior guidance of 103.4% and Capacity Days to be about 24.545 Resorts International MGM reported first-quarter 2025 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines declined from the prior-year quarter's remains optimistic about the outlook for the rest of 2025, supported by strong forward bookings and expectations for record hotel performance in April on the Las Vegas Strip. MGM Resorts stated progress on the $200 million EBITDA enhancement plan and expects more than $150 million to be realized in Entertainment, Inc. CZR reported mixed first-quarter 2025 results, with earnings missing the Zacks Consensus Estimate and revenues surpassing the same. Nonetheless, both top and bottom lines improved on a year-over-year Entertainment's first-quarter performance was driven by record results in the Digital segment. Growth in the regional segment, supported by recently opened properties, and solid performance in Las Vegas, despite a tough comparison to last year's Super Bowl period, also aided the quarter's performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MGM Resorts International (MGM) : Free Stock Analysis Report Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report Norwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
