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Business

Business News: EA Sports reveals cover of College Football 25 game

Travis Hunter, Quinn Ewers and Donovan Edwards are the featured players on the cover of EA Sports College Football 25, a game returning to...

Business News: OverActive completes acquisitions of KOI, Movistar

OverActive Media Corp. officially added an EMEA Valorant Champions Tour slot among a pair of acquisitions completed by the company on Friday. The Toronto-based company...

Business News: OverActive agrees to acquire KOI, Movistar Riders

OverActive Media Corp. added an EMEA Valorant Champions Tour slot among a pair of acquisitions announced by the company on Thursday. The Toronto-based company has...

Business News: Excel Esports, Giants Gaming merging to form GIANTX

Britain's Excel Esports and Spain's Giants Gaming announced a planned merger Thursday to form GIANTX. The joint venture will field teams in the League of...

Former Samsung executive indicted of stealing trade secrets to establish a fake chip factory in China

In an effort to build an exact clone of a semiconductor plant in China, a former Samsung Electronic executive stole the plans and drawings...

Remote Work in a Post-Epidemic World: The Great Debate- What the CEO’s Are Saying

The COVID-19 outbreak caused a significant change in the way we work. Companies and employees around the world were compelled to accept remote work...

Thousands of Reddit communities go black after Reddit announces price change

Reddit is the latest social media platform to charge developers thousands of dollars to gain access to an application programming interface or API. This...

Jack Daniel’s Prevails in Supreme Court Battle: Novelty Toymaker Held Accountable for Trademark Violations

The Supreme Court sided with the legendary whiskey distillery Jack Daniel's in a pivotal case against a novelty toy manufacturer on Thursday. By holding...

Celebrity Jennifer Lawrence Open to Reprising Katniss Everdeen’s Role in ‘The Hunger Games’ Franchise, Web Fans Express Excitement

Celebrity Oscar-winning actress, Jennifer Lawrence, known for her roles in films like X-Men and American Hustle, expressed her openness to reprising her iconic...

Alex Soros becomes chairman of billion-dollar foundation OSF, George Soros hands over reins to son

U.S. billionaire financier George Soros has handed over the reins of his massive empire that includes Open Society Foundations (OSF) to his son Alex....

Roblox Started With Buy Rating at Canaccord

Canaccord Genuity analysts initiated coverage on Roblox (NYSE:RBLX) with a Buy rating and a $48.00 price target, noting the company's transformation into a leading...

The Trade Desk Price Target Raised on Long Term Runway for Growth

Citi analysts raised The Trade Desk (NASDAQ:TTD) price target to $86.00 from $78.00 and maintained their Buy rating. The analysts believe that Trade Desk's...

Tesla Earns an Upgrade at KGI Securities

KGI Securities upgraded Tesla (NASDAQ:TSLA) to Outperform from Neutral, setting a price target of $335.00. The analysts praised Tesla's strong AI capabilities, especially their...

Carvana’s Optimistic Outlook May be Temporary Positive

Citi raised its price target on Carvana Co. (NYSE:CVNA) to $25.00 from $11.00 with a Neutral rating. Carvana's recently revised profitability outlook for Q2/23,...

Catalent Stock Jumps 10 percent Following Q3 Earnings

Catalent (NYSE:CTLT) shares surged more than 10% intra-day today after the company reported its Q3 earnings results, with revenue of $1.04 billion coming in...

Oracle Surges on Q4 Beat, Analysts Upgrade the Stock

Oracle (NYSE:ORCL) shares surged more than 5% pre-market today after the company reported its Q4 earnings results, with EPS of $1.67 coming in better...

Illumina Stock Gains 3 percent After CEO Resigns

Illumina Inc (NASDAQ:ILMN) shares rose more than 3% yesterday as CEO Francis deSouza resigned. Illumina's board accepted the resignation and named Charles Dadswell as...

BofA Securities Raises Palantir Price Target on Rising AI Opportunity

BofA Securities analysts raised their price target on Palantir Technologies Inc. (NYSE:PLTR) to $18 from $13, while reiterating their Buy rating, noting that the...

Netflix’s Price Target Increased to $500 at Guggenheim

Guggenheim analysts increased Netflix's (NASDAQ:NFLX) price target to $500.00 from $375.00 while reiterating their Buy rating. The analysts stated that despite a year-to-date outperformance...

Urban Outfitters Upgraded at Morgan Stanley, Shares Surge 3 percent

Morgan Stanley analysts upgraded Urban Outfitters (NASDAQ:URBN) to Overweight from Equalweight, setting a new price target of $41.00 (previously $27.00). As a result, shares...

Braze Jumps 20 percent on Q1 Beat & Raised Guidance

Shares of Braze (NASDAQ:BRZE) soared more than 20% intra-day today after the company posted its Q1 earnings results, with EPS coming in at ($0.13),...

Netflix stock gains on WSJ report of subscriber boost

Shares of Netflix (NASDAQ:NFLX) experienced more than 2% gain on Friday, further boosting its recent progress, following a report from The Wall Street Journal....

Micron’s Upcoming Q3 Earnings Preview

Deutsche Bank analysts raised their price target on Micron Technology (NASDAQ:MU) to $65 from $55 while maintaining their Hold rating, ahead of the company’s...

Two Alleged Mt. Gox Hackers Charged with Laundering Bitcoins in Massive Cryptocurrency Cyberheist

The cryptocurrency exchange is known as Mt. Gox. It one of the earliest, largest, and most widely publicized platforms for Bitcoin, has fallen victim...

Business News: NIL issues could impact college football video game

Less than a month ago, EA Sports announced it was working with a sports licensing firm to sign up players to appear in the...

Business News: EA Sports’ college football reboot to include players’ names, images

When EA Sports' College Football game makes its return in 2024, it will include the names, images and likenesses of actual players for the...

Business News: Report: CLG heads toward layoffs, sale of LoL team

Counter Logic Gaming -- better known as CLG -- will lay off staff and keep just one team in operation pending a sale, per...

Business News: Report: FaZe Clan considering going private

Less than a year after going public, FaZe Clan are considering reversing course, Sports Business Journal reported. The report claims the esports and gaming organization...

Business News: OpTic Gaming lays off staff

Multiple members of the OpTic Gaming staff have been laid off, social media posts confirmed on Thursday. The layoffs at OpTic, most well known for...

Business Team Liquid reopens training facility

Team Liquid, one of the world's top esports organizations, officially reopened Alienware Training Facility in Santa Monica, Calif., on Wednesday following several renovations. With...

Business FaZe Clan enters public market, deal valued at $725 million

Popular esports organization FaZe Clan became a publicly traded company on Wednesday after finalizing a merger with B. Riley Principal 150 Merger Corp. in...

Business Envy officially rebrands to OpTic

The esports brand formerly known as Envy will adopt the OpTic Gaming moniker going forward. Envy merged with OpTic in November 2021, and the organization...

Business FaZe Clan again closes in on a Nasdaq listing

Eight months after first announcing they would go public with a Nasdaq listing, FaZe Clan once again is on the verge of an SEC-approved...

Business Golden Guardians to get new facility in L.A. area

The Golden State Warriors are heading south to build a state-of-the-art facility for the Golden Guardians, their esports affiliate. The Bay Area basketball franchise will...

Team Liquid valued at $415M following $35M investment

Team Liquid's valuation climbed to an estimated $415 million with the closing of a $35 million financing round, the esports organization and parent company...

Report: FaZe Clan’s SPAC merger in doubt

FaZe Clan's plan to merge with a special purpose acquisition company (SPAC) in order to go public on the NASDAQ "may be dead in...
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