Attention gamers! Immortals of Aveum is now available at UK supermarket Asda for a mind-blowing £1! That’s right, just one pound! This amazing deal has been spotted by several social media users, but act fast because it seems Asda is trying to clear out their stock. Before Christmas, the game was reduced to £5, and…
Great news for gaming fans! Panic has just announced that its Playdate handheld is back in stock and available for purchase for a limited time. The Playdate, which launched in April 2022, has already sold an impressive 70,000 units, up from the 53,000 reported in its first year of availability. But that’s not all –…
China’s Economy Faces Challenges Amidst Contractions and Uncertainty Introduction China’s economy is currently experiencing significant challenges, including a crumbling property market, deflationary pressures, and a volatile stock market. The contraction in manufacturing activity for the fourth consecutive month has raised doubts about the resilience of the world’s second-largest economy. Allianz, for instance, has revised its…
The Soaring Value of Arm Raises Questions About Market Perception Exactly two years ago, Nvidia’s attempt to purchase chip designer Arm from SoftBank came to an end due to “significant regulatory challenges.” Masayoshi Son, SoftBank’s billionaire founder, has never been so lucky. That agreement would have involved selling Arm for $40 billion, or just $8…
Midday Stock Movements Roblox Roblox, a video game company, experienced a 10% surge in its stock after posting a loss of 52 cents per share. This was lower than the anticipated 55 cent per share loss projected by analysts. The company also surpassed revenue expectations, generating $1.13 billion compared to the expected $1.08 billion. New…
Shares of iRobot Plummet After Reports of EU Antitrust Block Shares of iRobot plunged more than 33% in extended trading on Thursday following reports that the EU’s antitrust watchdog intends to block Amazon’s planned acquisition of the Roomba vacuum maker. The Wall Street Journal reported that the European Commission held a meeting with Amazon representatives…
Microsoft Becomes Most Valuable Publicly Traded Company, Surpassing Apple Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for the week, bringing the company’s market cap to $2.89 trillion, while Apple’s stock…
Jim Cramer Analyzes Major Banks’ Performance Ahead of Earnings Reports On Wednesday, ‘s Jim Cramer provided an analysis of the performances of several major banks, offering insights to investors on what to watch for as JPMorgan, Citigroup, Bank of America, and Wells Fargo release their earnings reports on Friday. Cramer emphasized that these reports have…
Asia’s Markets Expected to Continue Strong Performance in 2023 Asia’s markets are expected to continue powering ahead this year, despite a rocky 2023. Most investors may already know which were the best — and worst — performing markets last year. (If not, read here.) But HSBC Global Research recently revealed lesser known facts about Asian…
Alibaba Faces Challenges and Uncertainty as AI Takes Off BEIJING — It’s been a tumultuous 12 months for Alibaba, casting doubt on the future of the tech giant just as artificial intelligence is taking off. The company’s cloud computing unit was poised to capture AI’s growth for investors in a public listing, until Alibaba pulled…
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