Fourth of July slams the brakes on London markets

2019-07-04

London markets edged up on a quiet morning’s trading as Independence Day put the brakes on the FTSE 100. The U.K.’s blue-chip index was subdued on Thursday with U.S. markets closed for Fourth of July celebrations. The holiday stopped the FTSE 100’s momentum after strong gains earlier this week followingRead More →

The ‘Fortnite’ effect slams videogame makers’ stocks

2019-02-06

The outsize success of ‘Fortnite’ has begun to punish the world’s largest videogame makers. Electronic Arts Inc. EA, -13.31%  stock plunged 13.3% Wednesday, and Take-Two Interactive Software Inc. TTWO, -13.76%  shares plummeted 13.8% after both publishers predicted worse financial performance in the current quarter than expected. Other videogame makers sufferedRead More →