$IAC Q2 '26 Earnings Results & Recap
• Reported GAAP EPS of $6.78 up 156.82% YoY
• Reported revenue of $436.74M down -1.47% YoY
• People Incorporated expects full year 2026 total Adjusted EBITDA of $255-$290 million and total operating income of $15-$80 million, with People Inc. Digital revenue and Adjusted EBITDA growing mid-to-high single-digits.
IAC Expected To Talk About Insurance Distribution Rules Before They Are Made Public, Draft On Insurance Distribution Rules Likely After IAC Meeting On July 21
$IAC
$IAC $PPLI what the actual hell is happening here?? 🤨
Old ticker is still linked to iac.com, but then you go to PPLI.COM and it's a completely different company doing wealth management?? Did they pivot or is this a reverse merger?
Emailed info@ppli.com and got absolutely nothing back. Radio silence. Anyone got eyes on this?? I’m losing my mind here lol 🤔📉
$MGM $IAC $CZR MGM Stock Is Already Trading Above Barry Diller's $48.30 Bid — Analyst Says Board Should Ask For Even More
https://stocktwits.com/news-articles/default/5/mgm-stock-is-already-trading-above-barry-diller-s-48-30-bid-analyst-says-board-should-ask-for-even-more/cZ0iNMYRevt
MGM Stock Is Already Trading Above Barry Diller's $48.30 Bid — Analyst Says Board Should Ask For Even More
$MGM $IAC $CZR
https://stocktwits.com/news/equity/markets/mgm-stock-is-already-trading-above-barry-diller-s-48-30-bid-analyst-says-board-should-ask-for-even-more/cZ0iNMYRevt
Barry Diller’s People Inc., formerly known as IAC, has made a $12.4 billion cash offer to acquire MGM Resorts International and take the casino operator private, valuing the company at approximately $48.30 per share. The proposal has sparked optimism among investors and analysts who view the bid as a sign of confidence in the long-term prospects of Las Vegas.
The offer comes as Las Vegas has faced uneven tourism trends, pressured by higher travel costs and growing competition from online sports betting and regional gaming markets. Despite these challenges, some analysts believe the city is positioned for a recovery as convention activity improves, major entertainment events return, and travel demand gradually strengthens.
The proposed acquisition suggests Diller sees significant value in MGM’s portfolio of casino resorts and entertainment assets, as well as in the broader Las Vegas market. Investors responded positively to the news.
$MGM $IAC $CZR
Ask.com officially closed its doors on May 1, 2026, after nearly 30 years in the search business
Founded in Berkeley in 1996, the site launched with its famous butler mascot, Jeeves. It was revolutionary for its time because it allowed users to type full questions (eg, "What is the capital of France?") rather than just keywords
In 2005, Barry Diller’s $IAC acquired the site for roughly $1.85B
By 2006, they rebranded to Ask.com & officially retired Jeeves to try & compete more directly with the rising dominance of $GOOGL
By 2010, the company acknowledged it couldn't win the "search wars" against Google & outsourced its core search tech to focus on being a question-and-answer destination.
$GOOG Chrome: 67.97%
$AAPL Safari: 17.09%
$MSFT Edge: 5.52%
Firefox: 2.25%
Samsung Internet: 1.99%
Opera: 1.9%
