reports

GameStop reports lower revenue and sharp drop in cash

GameStop reports lower revenue and sharp drop in cash

A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …

GameStop reports lower revenue and sharp drop in cash Read More »

Tesla hits record monthly sales, reports China production cuts

Tesla hits record monthly sales, reports China production cuts

You’re here (TSLA) sold a record number of Chinese-made vehicles in November, according to data released Monday by the electric vehicle giant. However, multiple reports on Monday said Tesla also plans to cut electric vehicle production in China as demand appears to be weakening. Tesla stock fell on Monday. X The electric vehicle giant on …

Tesla hits record monthly sales, reports China production cuts Read More »

Alibaba founder Jack Ma is hiding in Tokyo, reports say

Billionaire Jack Ma is believed to have been hiding in Tokyo with his family during Beijing’s crackdown on the country’s star tech companies and its most powerful and wealthy businessmen. Ma, the founder of e-commerce giant Alibaba who until the tech crackdown was China’s richest person, has rarely been seen in public since criticizing Chinese …

Alibaba founder Jack Ma is hiding in Tokyo, reports say Read More »