Video Game Stocks Hit Reset Button With Industry Consolidation
Synopsis by TechSpot May 27 22
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Video Game Stocks Hit Reset Button With Industry Consolidation: For investors this year, it’s been game over for video game stocks, except those involved in ...
investors.com/news/technology/video-game-stocks-hit-reset-button-with-industry-consolidation/
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Video Game Stocks Hit Reset Button With Industry Consolidation: For investors this year, it’s been game over for video game stocks, except those involved in ...
investors.com/news/technology/video-game-stocks-hit-reset-button-with-industry-consolidation/
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Everything Oil: Future of the Most Versatile Food Oil May Lie in Latin America: The world is facing a growing shortage of its most versatile edible oil ...
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Bitcoin Holds Steady After ‘Halving’ Concludes: Bitcoin price falls slightly after the fourth ‘halving’ event concludes.
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Bloomberg Weekend Reading: The Risky Economics of Global Uncertainty: Get caught up.
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WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
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Paid articlePaid ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
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Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
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Don’t Make This Inheritance Mistake. It Could Cost Your Loved Ones Big Time.: The issue is something called stepped-up basis. Certain assets, including stocks ...
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My God, Trump! How dangerous are the nationalist Christians in the USA?: Christian nationalist representatives were present when Trump supporters stormed the ...
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Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
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Paid articlePaidQuick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
Bloomberg Evening Briefing: Wall Street Ends the Week in a ‘Tech Wreck’: Get caught up.
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Investment Opportunities With Hot Inflation, Higher-for-Longer Interest Rates: Rising prices and high interest rates are frustrating investors ...
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Paid articlePaid Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
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Paid articlePaid Biden Trade Chief Sees Conclusion of China Tariff Review ‘Soon’: President Joe Biden’s trade chief said that she expects a conclusion on a review of tariffs on ...
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Paid articlePaid Wall Street Bonus Rules Return to Regulatory Agenda in Third Try: US financial watchdogs plan to take another crack at regulating Wall Street executives’ pay — ...
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Paid articlePaid Wall Street Fires Up Deals for Preferred Shares With Fed on Hold: Fading hopes that the Federal Reserve will soon cut rates are prompting US banks to re-evaluate ...
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Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
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Electric cars, solar panels and wind turbines: dispute over China's overcapacity: Is China flooding the world with cheap solar panels, wind turbines or electric ...
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Netflix (NFLX) Stock Falls as Weak Revenue Forecast Overshadow Subscriber Adds: Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast ...
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Paid articlePaid Marijuana Stocks Gain Momentum on Cannabis Reform Hopes: Investors have been diving into cheap pot stocks in hopes that a change in US policy will unlock major ...
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Paid articlePaid TDR Capital Nears Deal to Buy Billionaire’s Stake in UK’s Asda: TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as ...
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Paid articlePaid African Critical Minerals Output Could Reach $2 Trillion by 2050: Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy ...
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Paid articlePaid Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
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BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
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Hudson Bay Closes $800 Million Fund to Bet on Special Situations: Hudson Bay Capital Management has raised over $800 million to invest in so-called special ...
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Paid articlePaid Bond Funds Dangling 5% Yields Lure Cash Back to Active Managers: Bond powerhouses including Pacific Investment Management Co., BlackRock Inc ...
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Paid articlePaid Israel-Iran: Another Mideast Shock for Markets: The revenge cycle shows no sign of letting up. Now, Tehran will weigh the level of escalation.
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Fed Interest-Rate Cut Is Not Likely Until End of Year, Raphael Bostic Reiterates: Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable ...
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Paid articlePaid Moody’s Reduces Outlooks on Direct Lending Funds Managed by BlackRock, Oaktree: Moody’s Ratings this week gave private credit investors greater reason for ...
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IMF Financial Stability Report: Basis-Trade Section Calls Out Funds’ Bond Wagers: A small group of funds has accumulated such large short wagers in the Treasury ...
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Paid articlePaid Micron to Get $6.1 Billion in CHIPS Act Funding for Plants in New York and Idaho: The new fab to be built near Syracuse, N.Y., could create 50,000 jobs ...
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Japan Consumer Prices Rose at Slightly Slower Pace in March: Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but ...
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Why so Many People Seem to Be Taking Adderall These Days: The forces behind this booming drug use.
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Paid articlePaid IMF Says Growth’s Secret Sauce Is American Catch-Up: Data from its latest World Economic Outlook suggest that the more a country’s product and labor markets ...
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Paid articlePaid Solar Groups Lobby Biden to Head Off Trade Case Over Import Tariffs: Solar developers are lobbying the Biden administration to bolster support for domestic ...
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Paid articlePaid China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
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Shopper sparks outrage after 'paying $7 for a single apple:' 'What economy are we all f--king living in?'
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Quick Glance: Outrage Stirred by Expensive Apple Purchase
- A Boston influencer sparked outrage by sharing that she paid $7 for a single apple at Whole Foods.
- The video clip, shared by the woman under the username @via..li, has since been deleted from her own account.
- Despite Whole Foods listing the Organic Sugarbee Apple at $3.99 per pound in most Boston zip codes, prices may vary at different outlets.
- The TikTokker claimed the apple cost $7, causing outrage among viewers, although some expressed doubts about her story.
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
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Quick Glance: TSMC Forecasts Q2 Growth Due to 'Insatiable' AI Demand
- TSMC, the world's largest chipmaker, forecasts a potential up to 30% increase in sales in the second quarter, driven by strong demand for semiconductors used in artificial intelligence (AI).
- The CEO of TSMC emphasized the insatiable demand for energy-efficient computing power for AI applications, stating that almost all AI innovators are collaborating with the company.
- Benefiting from the AI wave, TSMC expects revenue from AI servers to surpass 20% by 2028. The company anticipates that strong demand for its 3nm and 5nm technologies will support business in the second quarter of 2024.
- Forecasts for 2024 indicate TSMC's positive outlook, with expectations of revenue rising in the low- to mid-20% range. Despite sluggish smartphone demand, the company remains optimistic about the future due to the ongoing demand for advanced chip technologies.
US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
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Paid articlePaid US elections: Conservative revolution expected if Trump wins: In a "PRO Global" series, the NZZ wants to show what consequences a second US presidency of Donald ...
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Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
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Home Sales in March Had Biggest Decline in 16 Months: Sales of previously owned homes decreased 4.3% from the prior month to a seasonally adjusted annual rate of ...
on.wsj.com/3Q8Iqdf
A $9.5 Trillion ESG Investor Group Wants Private Market Reforms: Global ESG investors with $9.5 trillion under management say it’s time to demand more ...
bloomberg.com/news/articles/2024-04-18/a-9-5-trillion-esg-investor-group-wants-private-market-reforms
Summers: Another Trump term would bring ‘inflationary spiral,’ big deficits: Former Treasury Secretary Larry Summers warned Wednesday that a second Trump ...
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Ayala’s ACEN to Spend $15 Billion to Quadruple Power Capacity: ACEN Corp., the energy unit of Philippine conglomerate Ayala Corp., expects to spend $15 billion ...
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Paid articlePaid EU to Discuss Paradigm Shift at Competitiveness Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
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Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
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Banxico’s Espinosa Says It’s Too Soon for a Long Easing Cycle: Mexico central bank Deputy Governor Irene Espinosa on Wednesday said it’s too soon to talk about a ...
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BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
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Paid articlePaid It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
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Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
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Paid articlePaid Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
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Paid articlePaid Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
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Firefox 125.0.1 released: This is new: Mozilla has released the final version of Firefox 125.0.1 for Android and PC. This update brings various smaller...
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US Bank Earnings: Traders Beat Estimates as Net Interest Income Slumps: Wall Street’s traders are picking up the slack as income from lending slumps across the ...
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Paid articlePaid ECB Will Need to Make More Cuts This Year and Next After June, Villeroy Says: The European Central Bank will need to make further reductions to interest rates ...
bloomberg.com/news/articles/2024-04-16/ecb-to-cut-more-this-year-and-next-after-june-villeroy-says
Paid articlePaid Fire Engulfs Copenhagen Landmark Old Stock Exchange Building: A fire ripping through Denmark’s old stock exchange building has torn down the structure’s ...
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Paid articlePaidQuick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
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- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
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Paid articlePaid Oil Traders Wager on $250 Price by June as War Risk Escalates: Oil traders piled into more than 3 million barrels worth of options contracts in a bet that prices ...
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IMF Steps Up Its Warning to US Over Ballooning Debt
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Paid articlePaid JPY/USD: Brief Yen Surge Shows Traders Highly Sensitive to Japanese Intervention: The yen’s sudden surge in value Tuesday was the likely result of traders ...
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Paid articlePaid US Two-Year Yield Climbs Past 5% to Highest Level Since November - Bloomberg: The US two-year yield rose past 5% to the highest level since November after ...
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Paid articlePaid Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
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Paid articlePaid Why the Stock Market Drop Is Far From Over: Stocks opened higher to start Monday’s session, bouncing back after earnings and geopolitical tensions weighed on the ...
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Paid articlePaid EU Aims for New Iran Sanctions Over Israel Strike in Coming Days: The European Union aims to propose fresh sanctions on Iran over its strike on Israel as early ...
bloomberg.com/news/articles/2024-04-16/eu-aims-for-new-iran-sanctions-over-israel-strike-in-coming-days
Emerging-Market Assets Sink to 2024 Low Amid Growth, Rate Risks: The benchmark index for emerging-market equities erased its 2024 advance and the gauge for ...
bloomberg.com/news/articles/2024-04-16/emerging-market-assets-sink-to-2024-low-amid-growth-rate-risks
Paid articlePaid Japan’s Finance Minister Warns on Yen Ahead of IMF-G7 Meetings: Japan’s finance minister warned that he’s ready to take all available measures in the foreign ...
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Paid articlePaid USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts: The dollar is headed for its biggest rally in over a year on expectations US interest rates ...
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Scottish Power to Pay £1.5 Million for Overcharging Customers: One of Britain’s largest energy suppliers was slapped with a £1.5 million ($1 ...
bloomberg.com/news/articles/2024-04-16/scottish-power-to-pay-1-5-million-for-overcharging-customers
Paid articlePaid Chinese Economy’s Strong Start to 2024 Is Already Fading: China announced faster-than-expected economic growth in the first quarter – along with some numbers ...
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Paid articlePaid JPY USD: Yen Traders Brace for 160 Level Even as Intervention Risks Rise: A tumbling yen is spurring traders to game plan how much further Japan’s beleaguered ...
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Paid articlePaid Emerging Market FX Index Drops to 2024 Low After Iran’s Attack on Israel: The resurgent dollar cut a swath through global emerging-market currencies Tuesday ...
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Paid articlePaid Wise Money Transfer App Revenue Misses Estimates as Payment Volume Growth Slows: Wise Plc reported revenue in its fourth quarter that missed analyst estimates as ...
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Paid articlePaid Stocks Look More Vulnerable in Asia Than Peers on Fed Re-Pricing: An out-sized selloff in Asian shares on Tuesday is underscoring concerns about the region’s ...
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