Market News

Apple (AAPL) tops $3 trillion market cap in intraday trading

The tech behemoth has set another valuation record today, topping a $3 trillion market cap.

TinyBuild issues 2023 & 2024 profit warning, stock plummets over 70% in UK trading

Chief Financial Officer Tony Assenza also stepped down from his position and has been replaced by Giasone Salati.

Lordstown Motors (RIDE) files for bankruptcy, sues Foxconn over funding agreement

Lordstown Motors is filing for Chapter 11 bankruptcy and suing Foxconn over allegations that the latter failed to provide agreed funding to the EV manufacturer.

Emails show Microsoft considered acquiring Bungie and SEGA

The latest news from the FTC v. Microsoft hearing is that the Xbox parent company considered acquiring Destiny 2 dev Bungie and SEGA to bolster Game Pass offerings.

Government-backed Japan Investment Corp. to buy JSR semiconductor materials company for $6.3 billion

The Japanese government is making moves to secure the country's semiconductor fabrication capacity with this JSR deal.

PlayStation will not allow Activision to access console dev kits after Microsoft deal

PlayStation lead Jim Ryan recent said that if the Activision Blizzard/Microsoft deal goes through, Activision will not be allowed to access and aid in the PS6's development.