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Paul McCartney Pittsburgh tickets are going for upwards of $6K. Why are they so expensive?
Paul McCartney Pittsburgh tickets are going for upwards of $6K. Why are they so expensive?

CBS News

time4 days ago

  • Entertainment
  • CBS News

Paul McCartney Pittsburgh tickets are going for upwards of $6K. Why are they so expensive?

Tickets are now on sale for when Sir Paul McCartney makes his return to Pittsburgh later this year. But you may want to double check your bank account before you buy. The prices are giving some fans sticker shock. If you are old enough, you probably remember paying $50 for a concert ticket and getting a very good seat. Nowadays, if you go to see a show, you are going to pay a lot more, including when you go to see McCartney at PPG Paints Arena on Nov. 11. Some of the tickets on the aftermarket cost more than $6,000. But why? Ethan Rene and a few others camped out in front of PPG Paints Arena on Friday to see the group GHOST. When it comes to musical style, GHOST is about as far away from Sir Paul as Pittsburgh is from Piccadilly Circus. And so are prices. The most expensive ticket KDKA-TV found to see GHOST was $526. The most expensive for Sir Paul was $6,308. "What is the absolute most you would pay for your absolute favorite artist?" KDKA-TV's Ross Guidotti asked Rene. "I think 300 would be my limit," Rene responded. KDKA-TV's Ross Guidotti got in the queue when Paul McCartney tickets went on sale at 10 a.m., and when he tried to nab a few 25 minutes later, they cost well over $1,000. Industry insiders blame the increased costs of extravagant productions. Long gone are the days of a stack of amps and a microphone. Transportation costs of all that stuff are going up, and there's dynamic pricing, which literally adjusts ticket prices in real-time based on demand. But what about all those fees? Insiders say fees are just a way to make more money. "I paid, I think, 190 for this ticket, without fees, and with fees, it was 230 something," said Rene. And then you have Live Nation and Ticketmaster, which hold the reins on a lot of artists and where they can play and how much tickets cost. Live Nation and Ticketmaster have been the targets of federal antitrust and monopoly lawsuits and investigations. The companies say it's just the cost of doing business. Add to that resale agencies like StubHub and others, and the prices go up even more. "Is there any artist worth paying as much as you'd pay for a decent used car?" Guidotti asked. "For me, no. No, I would not," said Rene. But industry insiders say as long as people are willing to pay, the show will go on and the cost will continue to rise.

5 Insightful Analyst Questions From Keurig Dr Pepper's Q1 Earnings Call
5 Insightful Analyst Questions From Keurig Dr Pepper's Q1 Earnings Call

Yahoo

time23-06-2025

  • Business
  • Yahoo

5 Insightful Analyst Questions From Keurig Dr Pepper's Q1 Earnings Call

Keurig Dr Pepper's first quarter results were marked by solid top and bottom-line performance, surpassing Wall Street's expectations. Despite this, the market responded negatively, with management attributing strong results to double-digit growth in U.S. refreshment beverages, notable market share gains for core brands like Dr Pepper and Canada Dry, and the successful integration of new energy drink offerings. CEO Tim Cofer acknowledged that while performance was healthy overall, U.S. Coffee faced a challenging start, primarily due to inflation and uneven competitive pricing, which weighed on volumes and mix. Is now the time to buy KDP? Find out in our full research report (it's free). Revenue: $3.64 billion vs analyst estimates of $3.57 billion (4.8% year-on-year growth, 1.9% beat) Adjusted EPS: $0.42 vs analyst estimates of $0.38 (9.8% beat) Adjusted EBITDA: $1.01 billion vs analyst estimates of $990.1 million (27.8% margin, 2% beat) Operating Margin: 22%, in line with the same quarter last year Sales Volumes rose 8% year on year (-0.3% in the same quarter last year) Market Capitalization: $45.61 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Dara Mohsenian (Morgan Stanley) asked about management's confidence in maintaining earnings guidance given tariff and consumer risks. CFO Sudhanshu Priyadarshi said guidance assumes both risks and opportunities, with flexibility provided by Q1 outperformance and mitigation plans around cost savings and pricing. Lauren Lieberman (Barclays) questioned pricing elasticity in coffee and the strategy for maintaining affordability amid inflation. CEO Tim Cofer responded that while early price increases hurt volume, he expects normalization as competitors follow and highlighted value-oriented pack sizes and premium offerings. Nik Modi (RBC Capital Markets) inquired about trends in Hispanic consumer behavior and the impact of potential SNAP beverage restrictions. Cofer stated that while some softening is evident among Hispanic consumers, it has not materially impacted enterprise results, and the company would advocate for consumer choice in SNAP policy discussions. Chris Carey (Wells Fargo Securities) asked about the trajectory of free cash flow and capital allocation. Cofer said the company remains on track to improve free cash flow conversion over the next two years, with priorities including deleveraging, disciplined investment, and steady dividends. Peter Grom (UBS) sought clarification on the expected momentum for GHOST and trends in the energy category. Cofer indicated that GHOST's contribution would build throughout the year, and energy as a category remains one of the fastest-growing segments in beverages. In the coming quarters, our analysts will monitor (1) the pace of volume and share gains in energy drinks and sports hydration, (2) the normalization and recovery trajectory in the U.S. Coffee segment as competitive pricing takes hold, and (3) management's ability to mitigate tariff and inflationary pressures without eroding margins. Execution on new product launches and evidence of sustained momentum in core brands will also be key signposts. Keurig Dr Pepper currently trades at $33.90, down from $35.14 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.

Today's NYT Wordle Hints, Answer and Help for June 15, #1457
Today's NYT Wordle Hints, Answer and Help for June 15, #1457

CNET

time14-06-2025

  • Entertainment
  • CNET

Today's NYT Wordle Hints, Answer and Help for June 15, #1457

Looking for the most recent Wordle answer? Click here for today's Wordle hints, as well as our daily answers and hints for The New York Times Mini Crossword, Connections, Connections: Sports Edition and Strands puzzles. Today's Wordle puzzle is a pretty tough one, beginning with the least-used letter in the alphabet. If you need a new starter word, check out our list of which letters show up the most in English words. If you need hints and the answer, read on. Today's Wordle hints Before we show you today's Wordle answer, we'll give you some hints. If you don't want a spoiler, look away now. Wordle hint No. 1: Repeats Today's Wordle answer has no repeated letters. Wordle hint No. 2: Vowels There are three vowels in today's Wordle answer. Wordle hint No. 3: First letter Today's Wordle answer begins with Q. Wordle hint No. 4: First meaning Today's Wordle answer can refer to showing fear or apprehension. Wordle hint No. 5: Meaning Today's Wordle answer can refer to a small game bird. TODAY'S WORDLE ANSWER Today's Wordle answer is QUAIL. Yesterday's Wordle answer Yesterday's Wordle answer, June 14, No. 1456, was GHOST. Recent Wordle answers June 9, No. 1451: BOARD June 10, No. 1452: TAFFY June 11, No. 1453: PLAID June 12, No. 1454: BILGE June 13, No. 1455: VIXEN

Today's ‘Wordle' #1456 Hints, Clues And Answer For Saturday, June 14th
Today's ‘Wordle' #1456 Hints, Clues And Answer For Saturday, June 14th

Forbes

time13-06-2025

  • Entertainment
  • Forbes

Today's ‘Wordle' #1456 Hints, Clues And Answer For Saturday, June 14th

How to solve today's Wordle. SOPA Images/LightRocket via Getty Images Looking for Friday's Wordle hints, clues and answer? You can find them here: Hooray and huzzah! It's Saturday! The day of Saturn—the one day of the week that celebrates a Roman god instead of Norse/Germanic gods. The rain of early June has departed and now we're in the mid-80s, which is a lot hotter when you're at 7,500 feet above the sea. The sun is brutal. I have to remember to wear sunscreen or I crisp right up. That won't be an issue while we solve today's Wordle, of course. The Hint: Spooky. The Clue: This Wordle has far more consonants than vowels. Okay, spoilers below! The answer is coming! . . . Today's Wordle Screenshot: Erik Kain Every day I check Wordle Bot to help analyze my guessing game. You can check your Wordles with Wordle Bot right here. BLOAT was a great starting word, leaving me with just 18 remaining words and two green boxes. I couldn't think of a perfect word with all new letters, so I went with four new letters in an attempt to rule out the one remaining vowel I thought might be a problem. SHUNT shaved off every possible solution but one: GHOST for the win! Today's Wordle Bot Screenshot: Erik Kain Sadly, the Bot and I tied today so we get 0 points for that. We each get 1 point for guessing in three. Our June totals inch up while the gap remains the same: Erik: 11 points Wordle Bot: 8 points The word ghost comes from Old English gāst, meaning "spirit" or "soul." It is related to Old High German geist (spirit) and is likely from a Proto-Germanic root gaistaz. The deeper origin is uncertain, but it may be linked to the idea of breath or life force. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder Let me know how you fared with your Wordle today on Twitter, Instagram or Facebook. Also be sure to subscribe to my YouTube channel and follow me here on this blog where I write about games, TV shows and movies when I'm not writing puzzle guides. Sign up for my newsletter for more reviews and commentary on entertainment and culture.

Today's NYT Wordle Hints, Answer and Help for June 14, #1456
Today's NYT Wordle Hints, Answer and Help for June 14, #1456

CNET

time13-06-2025

  • Entertainment
  • CNET

Today's NYT Wordle Hints, Answer and Help for June 14, #1456

Looking for the most recent Wordle answer? Click here for today's Wordle hints, as well as our daily answers and hints for The New York Times Mini Crossword, Connections, Connections: Sports Edition and Strands puzzles. Today's Wordle puzzle might make you think of Halloween. People who use ADIEU as your first word, this is not your day. There's only one vowel, and it's not in that word. If you need a new starter word, check out our list of which letters show up the most in English words. If you need hints and the answer, read on. Today's Wordle hints Before we show you today's Wordle answer, we'll give you some hints. If you don't want a spoiler, look away now. Wordle hint No. 1: Repeats Today's Wordle answer has no repeated letters. Wordle hint No. 2: Vowels There is one vowel in today's Wordle answer. Wordle hint No. 3: First letter Today's Wordle answer begins with G. Wordle hint No. 4: First meaning Today's Wordle answer can refer to what happens when a person simply drops a friendship. Wordle hint No. 5: Meaning Today's Wordle answer can refer to a spooky Halloween figure. TODAY'S WORDLE ANSWER Today's Wordle answer is GHOST. Yesterday's Wordle answer Yesterday's Wordle answer, June 13, No. 1455 was VIXEN. Recent Wordle answers June 9, No. 1451: BOARD June 10, No. 1452: TAFFY June 11, No. 1453: PLAID June 12, No. 1454: BILGE

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