Peloton Interactive Inc. stock outperforms market on strong trading day

Shares of Peloton Interactive Inc. PTON, +2.11% advanced 2.11% to $9.69 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -0.18% falling 0.18% to 12,368.98 and Dow Jones Industrial Average DJIA, -0.14% falling 0.14% to 32,798.40. This was the stock’s fourth consecutive day … Read more

China’s Videogame Market Is Shrinking as Regulators Crack Down

Text size The Chinese videogame industry has seen a big decline in revenue and users. Andrea Verdelli/Getty Images A series of factors has caused the first revenue and user decline in 14 years for the Chinese videogame industry. The losses may result in big players like Tencent Holdings spirit NetEase to push further into overseas … Read more

Peloton Interactive Inc. stock rises Thursday, outperforms market

Shares of Peloton Interactive Inc. PTON, + 4.93% advanced 4.93% to $ 10.65 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, + 2.28% rising 2.28% to 11,621.35 and the Dow Jones Industrial Average DJIA, + 1.12% rising 1.12% to 31,384.55. Peloton Interactive … Read more

Nintendo Co. Ltd. ADR outperforms market despite losses on the day

The Nintendo Co. Ltd. ADR NTDOY, -0.52% sank 0.52% to $ 53.87 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.72% falling 0.72% to 11,524.55 and Dow Jones Industrial Average DJIA, -0.20% falling 0.20% to 31,438.26. The ADR’s fall snapped a two-day … Read more

The Metaverse Lures Brands Like Nike and Gap With New Ways to Market and Make Money – The Wall Street Journal

The Metaverse Lures Brands Like Nike and Gap With New Ways to Market and Make MoneyThe Wall Street Journal

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited US stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data releases when investors return this week. Companies reporting quarterly results will include Lennar on Tuesday; FedEx , BlackBerry , spirit Darden Restaurants on Thursday; spirit … Read more

Peloton Swaps Out Finance Chief as It Navigates Persistent Losses

Peloton Interactive Inc. is exchanging its top finance executive about four months after it named a new chief executive, a move that comes as the fitness equipment maker navigates persistent losses. The New York-based at-home exercise equipment company on Monday said Liz Coddington will serve as its chief financial officer, effective June 13. Peloton said … Read more

Broadcom’s VMware Takeover Is Official. Why the Stock Market Is Unenthused.

Text size Mobile version of VMware web page on smartphone. Yury Cherenkov / Dreamstime.com Broadcom said Thursday it reached a deal to buy cloud-computing company VMware for about $ 61 billion. If completed, the acquisition would be one of the biggest of the year so far, trumping Elon Musk’s $ 44 billion bid for social … Read more

Broadcom’s VMware Takeover Is Official. Why the Stock Market Is Unenthused.

Text size Mobile version of VMware web page on smartphone. Yury Cherenkov / Dreamstime.com Broadcom said Thursday it reached a deal to buy cloud-computing company VMware for about $ 61 billion. If completed, the acquisition would be one of the biggest of the year so far, trumping Elon Musk’s $ 44 billion bid for social … Read more

Warren Buffett Spends Big as Stock Market Sells Off – The Wall Street Journal

Warren Buffett Spends Big as Stock Market Sells OffThe Wall Street Journal Warren Buffett buys more Occidental stock, boosts bet to $ 7.5 billionMarkets Insider Berkshire Hathaway buys about $ 52 million of Occidental Petroleum stockMarketWatch Berkshire Hathaway Inc. (NYSE: BRK-B) Major Shareholder Berkshire Hathaway Inc Purchases 185419 Shares of StockDefense World Buffett Could Be … Read more