Giants

Asia's video game giants continue acquisition hunt to expand into new formats and markets

Asia’s video game giants continue acquisition hunt to expand into new formats and markets

Revenue from mobile games accounts for more than half of the mobile gaming market. Sony is looking to diversify beyond consoles with its new dedicated PlayStation mobile gaming division. Mateusz Slodkowski | SOPA Images | LightRocket via Getty Images Sony Sony’s PlayStation has dominated the gaming console market for a long time. But the business …

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Amazon Care is dead, but the tech giant’s health-care ambitions live on

Amazon Care is dead, but the tech giant’s health-care ambitions live on

Comment on this story Comment Late last month, staffers at Amazon Care — the company’s in-person and virtual primary care service — were called into a meeting and given bad news: Amazon was shutting it down. Some employees were let go immediately. Others walked out. Everyone was promised paychecks through the end of December. The …

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Alibaba could see first revenue decline on record but analysts expect sales recovery later this year

Once high-flying Chinese tech giants are now looking to scale back costs

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Chinese tech giants Alibaba and Tencent often talk about …

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Auto giants like BMW, GM and Toyota make drivers ‘subscribe’ for basic features

Auto giants like BMW, GM and Toyota make drivers ‘subscribe’ for basic features

Motorists are increasingly being forced to pay tacked-on fees and even sign up for pricey subscriptions to get basic features on their cars — and auto giants are telling investors this is only the beginning. BMW’s recent move to charge car owners in several countries $18 per month to turn on the heated seats in …

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5 Fast-Growing Tech Giants Headline Earnings Calendar

5 Fast-Growing Tech Giants Headline Earnings Calendar

Wall Street cheered an earnings beat and raised outlook from Cisco Systems (CSCO) Thursday, giving technology investors optimism that upcoming reports from Nvidia (NVDA), Salesforce (CRM) and Snowflake (SNOW) will have similarly good news. Nvidia stock has rallied back above its key 50-day moving average after the company slashed its revenue outlook, and fell below …

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Earnings playbook: The investing game plan as retail giants Walmart and Target wrap up the season

Earnings playbook: The investing game plan as retail giants Walmart and Target wrap up the season

The earnings season is winding down, but there are still some big names set to report. More than 90% of S & P 500 companies have already reported earnings, with 78% of those names posting better-than-expected profits, according to Refinitiv. Those results have put overall S & P 500 earnings on pace to have grown …

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Why These 3 Pharma Giants Lost Billions In Market Cap This Week

Why These 3 Pharma Giants Lost Billions In Market Cap This Week

Pharmaceutical stocks GSK (GSK), Sanofi (SNY) and Haleon (HLN) extended deep losses Thursday as worries mount surrounding litigation around recalled heartburn drug Zantac. X The companies are among the defendants in a series of lawsuits claiming Zantac contains a cancer-causing substance called NDMA. The first trial is set to begin this month in Illinois and, …

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Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall

Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The giants of the video game world saw their sales slide in the second quarter, as initial tailwinds from the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each posted …

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Stocks Rise On Fed; Microsoft, Google Reclaim Key Level

Rally Runs Past Big News; 3 Giants Flash Buy Signals

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally passed an inflection point, making a decisive move higher in the past week. X Investors should be adding to their positions with careful buys, not rushing to ramp up exposure. Apple (AAPL), Exxon Mobil (XOM) and …

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Futures Fall As Snap Hits Online Giants; 5 Stocks Near Buy Points

Futures Fall As Snap Hits Online Giants; 5 Stocks Near Buy Points

Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures, as Intuitive Surgical and especially Snap weighed on several online giants. The stock market rallied, with Tesla (TSLA) and lower Treasury yields driving the Nasdaq higher. X There’s growing optimism that the market bottomed in mid-June. The Nasdaq could be ready …

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