Grand Theft Auto Maker Take-Two Interactive To Slash 5% Workforce - What's Going On?

Take-Two Interactive Software, Inc. Said it will eliminate headcount and reduce future hiring needs as part of its cost reduction program. The Grand Theft Auto maker estimates it will incur $160 million to $200 million in charges. The plan is expected to be complete by December 31 and reduce company's workforce by approximately 5%.

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Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

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April 2024 Perspective

Home Market Outlook Today's Market April 2024 Perspective: Manning & Napier. The market is continuing to focus on the soft landing scenario in the equity market. Energy and Materials were the strongest performing sectors in March. The Information Technology sector has started to show signs of cracks.

Equity Outlook: Earnings Step Back Into The Market Spotlight

Too many companies with solid earnings growth haven’t been rewarded in narrow equity markets. Global equities advanced briskly in the first quarter. Earnings growth is poised to take center stage as a driver of stock returns for wider equity markets, says AllianceBernstein. The market's resilience reflects a potential turning point for equity investors.

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Should You Invest in the Invesco Leisure and Entertainment ETF (PEJ)?

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Taking Stock: Q2 2024 Equity Market Outlook

AMD and Sony Semiconductor Partner to Elevate LiDAR Technology in Autonomous Vehicles

Advanced Micro Devices, Inc announced partnership with Sony Semiconductor Solutions. The two companies will use AMD's adaptive computing technology to create a LiDAR system for autonomous vehicles. SSS is a frontrunner in image sensor technology. AMD will implement its technology in SSS’s latest automotiveLiDAR reference design.

Is Invesco Leisure and Entertainment ETF (PEJ) a Strong ETF Right Now?

Top 5 ETF Picks for March Madness Betting Frenzy

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ESPO: Upgrade To Buy On Earnings Growth Projections, Price Momentum

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Tech Was Best In Q4 Earnings But Look To The Rest As Market Broadens

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NetEase Stock Dips After Q4 Print: What's Going On?

NetEase, Inc reported fourth-quarter fiscal 2023 revenue growth of 7.0% year-on-year to $3.82 billion. The Chinese gaming player’s adjusted EPADS of $1.60 missed the consensus. The stock price slid after the results.

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