GameStop said on Tuesday it had cut an unspecified number of jobs to reduce costs and reported lower fourth-quarter revenue amid rising competition from e-commerce firms and weak consumer spending in an uncertain economy.
GameStop reported a fall in fourth-quarter revenue as the videogame retailer grappled with competition from e-commerce firms and weak consumer spending
Adobe shares fell nearly 14% on Friday after the company reported a light revenue forecast for the current quarter.
Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.
GameStop's fourth-quarter earnings reveal a 19% revenue drop, prompting layoffs amid fierce competition from e-commerce and digital downloads, causing a 19% stock plummet.
Ohio State came up inches short of a berth in the NIT semifinals, falling
A research breakthrough could finally put an end burn-in and help OLED TVs last longer.
China's Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid subscription on its Spotify-like music streaming platform. The audio entertainment platform reported revenue of 6.89 billion yuan ($957.02 million) for the quarter. Analysts on average had expected revenue of 6.71 billion yuan, according to LSEG data. US- listed shares of Tencent Music rose 2% premarket trading. The company's online music service revenue jumped 41.1% to 5.02...
Plus, Apple’s favorite repair restriction may soon be banned, college athletes score a historic labor win, and the tide may be turning on anti-LGBTQ bills.
After the Jazz went down big in the first quarter, Collin Sexton and Lauri
The recent performance of Paytm's shares has garnered significant
An eye-catching closing ceremony brings to an end the African Games in Ghana on Saturday after an eventful 16 days in Accra, Kumasi and Cape Coast, PUNCH Sports Extra reports. The events ended with a parade of all the participating countries’ flags while music from Nigerian hip-hop star Tiwa Savage was played from the sound Read More