Riot Games shuts down effort to build a streaming rival to Twitch
Tencent Holdings Ltd’s Riot Games unit cancelled plans to introduce a streaming platform that would have competed with Amazon Inc’s Twitch, Bloomberg has learned.
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Tencent Holdings Ltd’s Riot Games unit cancelled plans to introduce a streaming platform that would have competed with Amazon Inc’s Twitch, Bloomberg has learned.
The iPhone maker has flat revenue at best, while the software titan enjoys major top-line growth.
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Additionally, the day's trading direction may be influenced by a few Federal Reserve official speeches, a consumer sentiment reading, and regional bank earnings.
The S&P 500 Index recorded a new all-time-high, spurred by Fed Chair Jerome Powell's verdict at the FOMC, cooling inflation, and tech stocks' performance.