GameStop CEO J. Paul Raines, discusses the success of the Pokemon Go app bringing traffic to stores in a normally slower video game season, and how his company plans to profit off it. » Read More
US stocks are vacillating between the positivity of strong earnings reports and the negativity of soft economic data. Short-sellers are on the prowl, looking to exploit weakness in heavy-volume names. Here are the 10 most shorted S&P 500 stocks. If momentum picks up, these stocks could be susceptible to a short squeeze. A report from TheStreet.
Digital distribution has been a hot topic in the video game industry for years – with developers, publishers and retailers trying to forecast when it will become a real threat to traditional brick and mortar stores. New data, however, shows that time might be closer than many were expecting.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis. Techs and industrials led the advance.
Sun shines on solar stocks again, but don't be snookered. The predictable rally in "alternative" energy stocks has begun, with the president sure to push them in his speech tonight. You'd think this would be an ideal time for solar: So why aren't traders excited?
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro-zone's solvency crisis. Techs and industrials led the advance.
A week ahead of the World Cup, "FIFA Superstars" launches on Facebook, where more than 200 million people play games every month.
Stocks tumbled Thursday and selling accelerated in the final minutes of trading as investors worried about two events coming Friday — a German vote on the EU bailout and options expiration. The Dow and S&P both lost 3.6%, while the Nasdaq fell over 4%. A key gauge of volatility spiked more than 25%.
What follows is a roundup of corporate earnings reports for Friday, May 20.
U.S. stock index futures pointed to a lower opening after oscillating ahead of trading Thursday, as major European indexes shed early-morning gains.
Video game sales may have plummeted 26 percent in April, but now there's hope that a new game will get the industry moving. "Red Dead Redemption" goes on sale today, and based on rave reviews and some anecdotal reports of huge lines outside Game Stop stores, this game could be a blockbuster.
Each quarter near the end of earnings season, we look at the stocks in the S&P 500 to see which ones are trading at the greatest discounts and premiums to their analysts' consensus target prices. We publish the lists in our 20 Stocks to Pop / Drop series. Now, that we are near the end of the latest earnings season, here is a check on how the 20 stocks we looked at in February have performed.
Sales of video game software and hardware plummeted in April, shocking industry observers who were expecting the numbers to be slightly positive or, worst case, just down slightly. That could mean a rough Friday for video game stocks.
The retailer, which has more than 6,200 stores nationwide, is a gathering spot for players, who flock there when big games are released. It has withstood numerous attempts by big box stores to encroach on the most profitable parts of its business model.
Attorneys who specialize in video game law say they do not expect the Supreme Court to rule that video games are not considered a form of free speech. Rather, Justices seem more interested in determining whether there are factors that necessitate regulating sales in the industry.
GameStop is attracting upside option activity following some notable endorsements in recent days.
What follows is a roundup of corporate earnings reports for Thursday, March 18
The quadruple witching expiration of futures and options should give stocks a lift into Friday, while markets tune in to a handful of economic data, including jobless claims and CPI.
S&P 500 closes at 1150.24, a 52-week high. One of the last technical hurdles was breached at the close today, as the S&P 500 closed at its highest level since October 1, 2008. The big cap index has now joined the Nasdaq, Russell 2000 and S&P Midcap, all at new highs. How strong has this slow melt-up been?
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
It's been a year since the market bottomed. The Dow is up 61% since then. A newspaper stock outperformed discount giant Wal-Mart. What has it all taught us? Take a good look in the mirror, buddy.