Estimated read time 17 min read
Stock Market News

Fourth-quarter earnings are near halfway done. Results have gotten better.

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With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial industry is fretting over souring consumer credit. Companies that make shoes and clothes [Read more about this post…]

Estimated read time 2 min read
Stock Market News

Mattel shares rise 4% after WSJ reports activist interest

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Shares of Mattel MAT, +2.12% traded higher late on Thursday after The Wall Street Journal reported activist investor Barington Capital had built an undisclosed stake [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Soccer game’s popularity scores for EA — and creates a higher bar to clear for growth

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Videogame maker Electronic Arts Inc. saw a modest uptick in gaming demand during the holiday season, helped by gains in its “EA Sports FC” soccer [Read more about this post…]

Estimated read time 4 min read
Stock Market News

NetEase sinks 20%, Tencent 11% after China proposes new rules for online gaming companies

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Shares of Chinese NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after authorities announced draft rules to crack down on spending and rewards [Read more about this post…]

Estimated read time 6 min read
Stock Market News

With Microsoft deal done, longtime Activision CEO Bobby Kotick says farewell

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Longtime Activision Blizzard Chief Executive is set to leave the company, a little over two months after its acquisition by Microsoft Corp. In an email [Read more about this post…]

Estimated read time 10 min read
Stock Market News

Games Workshop strikes deal with Amazon to make Warhammer 40,000 films and TV shows

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Games Workshop on Monday said it has struck an exclusive agreement with Amazon to make films and TV shows set in its Warhammer 40,000 universe [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Activision Blizzard to pay $55 million to settle California civil-rights lawsuit

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Videogame maker Activision Blizzard has agreed to pay nearly $55 million to settle a California civil-rights lawsuit brought over complaints of sexual harassment, discrimination and [Read more about this post…]

Estimated read time 19 min read
Stock Market News

This is what we can expect to see from meme stocks in 2024

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It may be a couple of years since the meme-stock feeding frenzy hit its heights, but we’re still seeing occasional bursts of meme-like activity in [Read more about this post…]