The price of the average new car in America sat 6.1% higher at the end of September than it did one year before, partially due to inflation. But another factor is driving Read more
Tag: Applications Software
Fewer people are leasing cars—what it means for the used car market
Before the COVID-19 pandemic, nearly a third of new car shoppers chose to lease their cars. Today, fewer than 19% of buyers choose the option — and experts say that Read more
Nintendo shares slump after outlook cut for Switch console sales
Nintendo Co. 7974, -6.78% shares fell sharply Wednesday morning after the Japanese videogame company lowered its fiscal-year forecast for Switch console sales amid a shortage of chips. The shares were Read more
DoubleVerify stock rises following outlook hike
DoubleVerify Holdings Inc. shares rose in the extended session Tuesday after the digital-media analytics company hiked its annual guidance based on its third-quarter performance. DoubleVerify DV, -1.10% shares rose nearly 7% Read more
Take-Two stock sinks as analysts walk off mobile weakness, focus on pipeline
Take-Two Interactive Software Inc. shares fell double-digits Tuesday after Wall Street absorbed a hefty outlook cut owing to the videogame publisher’s overestimate of the mobile market in the latter half of Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
Semiconductor stocks have bounced from 2022 lows — and analysts expect upside of at least 28% in the next year
For investors aiming to take advantage of stock market declines, the obvious question is: How far is too far for stocks to fall? The semiconductor industry, a standout performer during Read more
AMC stock lifted by ‘Zoom Rooms’ partnership with Zoom
AMC Entertainment Holdings Inc.’s stock rose 2.4% before the opening bell on Tuesday, lifted by the meme stock darling’s deal with Zoom Video Communications Inc. to turn some of the Read more
Take-Two stock drops more than 10% as bookings outlook slashed
Take-Two Interactive Software Inc. shares dropped in extended session Monday after the videogame publisher cut its outlook for the year because of “shifts” in its pipeline and other headwinds. Take-Two Read more
Why Okta, Twilio and Salesforce are bucking the trend of cloud-software stocks’ slide
Cloud-software stocks continued to sell off Monday, following one of the space’s worst weeks ever, although not as fast as Friday selloff as a few beaten-up stocks received upgrades and Read more