Roblox Corp. shares were tumbling in premarket activity Wednesday after the youth-centric virtual-world platform posted a wider loss than analysts were anticipating for the latest quarter. Roblox RBLX, -1.71% shares Read more
Tag: software
Americans are buying more luxury cars than ever
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
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
Upstart stock melts down after earnings as forecast falls well shy of expectations
Upstart Holdings Inc. has seen its value plummet this year, and it appears set for further declines after posting lower-than-expected results for its latest quarter. On Tuesday, the company, which 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