Page 34 - Devika Syamnath News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of the Grapevine, Texas-based company tumbled 15% in extended trade after the results. U.S. videogame publishers Take-Two Interactive Software and Electronic Arts also delivered lackluster earnings last month as the gaming industry faces pressure from high borrowing costs, sticky inflation and a slowdown in demand from pandemic peaks. GameStop posted revenue of $1.79 billion for the fourth quarter, compared with $2.23 billion a year earlier.

Shares of the Grapevine, Texas-based company tumbled 15% in extended trade after the results. U.S. videogame publishers Take-Two Interactive Software and Electronic Arts also delivered lackluster earnings last month as the gaming industry faces pressure from high borrowing costs, sticky inflation and a slowdown in demand from pandemic peaks. GameStop posted revenue of $1.79 billion for the fourth quarter, compared with $2.23 billion a year earlier.

Chinese electric-vehicle battery maker CATL is in talks with Tesla and other unnamed automakers to license its battery technology in the U.S. instead of building its own plant there, the Wall Street...

Hawaiian Electric on Monday asked its customers in Hawaii Island to reduce or shift their electricity use through April after the utility's largest generator, an independent power producer, went...

The region has emerged as one of the hottest EV markets in recent years and could offer Tesla a large customer base at a time when demand is slowing in the United States.