Epic Games Inc. launched Wolverine and Dr. Doom on Thursday in “Fortnite”, but fans of the popular video game that plays on Apple and Android devices may not know it. In the first major consequence for consumers caught in the crossfire of the legal battle Royale between ‘Fortnite’ publisher Epic …
Read More »Pandemic PC boom drives HP sales $ 1 billion higher than expected; stock 5%
Continuing the stagnant revenue streak, HP Inc. shares initially jumped 5% in trading after hours Thursday after reporting fiscal third-quarter sales that surpassed Wall Street’s $ 1 billion estimates, due to a pandemic. affected boom in sales of personal computers. HP HPQ, + 2.01% reported net income of $ 734 …
Read More »Apple stock reaches a new high on the way to a split. But 5G is still ‘the Linchpin.’
Text size On August 31, Apple shareholders will receive four shares in exchange for each one they own. Roslan Rahman / AFP via Getty Images Apple stock went to new highs Monday, a week out of its 4-for-1 stock split. Morgan Stanley analysts Katy Huberty and Erik Woodring raised their …
Read More »Donald Trump supports an Oracle Takeover of TikTok. Oracle Should Just Say No.
Text size Oracle founder and chairman Larry Ellison Phillip Pharaoh / Getty Images The week started with strange news: Oracle apparently considered a bid for TikTok. Even touching is that hardly anyone on Wall Street talks about it. This would be a big deal. Oracle (ticker: ORCL) is a 43-year-old …
Read More »Will video games be the Achilles’ heel for Apple, Google in anti-trust surveys?
It could finally be game for anti-trust actions against Big Tech. As gaming grows in stature in the lives of Americans during the pandemic, it has highlighted the extraordinary grip that two of the four tech companies investigating over the white-hot industry. Business of Epic Games Inc. against the online …
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