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Business

“Tencent loses over $43 billion in market value after China proposes new online gaming rules”

“Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The draft guidelines from China’s National Press and Publication Administration sank the Hong Kong-listed… Continue Reading…

Business

“sony raises forecast on PlayStation gaming growth but profit drops 31% in first quarter”

“Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line, but the company raised full-year sales forecasts on the back of expected strength for its PlayStation gaming… Continue Reading…

Business

“Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard”

“Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard. The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition.… Continue Reading…

Stocks

“Nintendo carries out 10-for-1 stock split to lure new investors to the Japanese gaming giant”

“Nintendo carried out its previously announced 10-for-1 stock split on Thursday aimed at reducing the price of one individual share to attract new investors to the more than century old Japanese gaming giant. Prices for Nintendo’s stock reflected the split on the Japanese… Continue Reading…

Stocks

“3 Penny Stocks To Buy According To Top Stock Market Analysts”

“According to analysts, these are the top 3 penny stocks to buy right now: Super League Gaming Inc. (NASDAQ: SLGG) ReWalk Robotics Ltd. (NASDAQ: RWLK) Fortress Biotech Inc. (NASDAQ: FBIO) One of the biotech penny stocks we’ve discussed frequently has been Fortress Biotech Inc. (NASDAQ: FBIO). This biotech penny… Continue Reading…

Stocks

“3 Monster Growth Stocks That Have Legs for Future Gains”

“Penn National Gaming (PENN)… What does the rest of the Street have to say? 9 Buys, 3 Holds and 1 Sell have been issued in the last three months. Therefore, PENN gets a Moderate Buy consensus rating. Based on the… Continue Reading…