Japan's Nintendo, SoftBank, and Sharp Suffer Major Share Losses Post-Earnings
Nintendo's shares fell by 6% after the company reported reduced sales and profit, which led to a downward revision of their full-year outlook.
Source: techstory.in
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Shares of Nintendo, SoftBank tumble in Japan after earnings
The results from both companies illustrate how tech firms have been squeezed by a downturn in demand that has been fuelled by rising inflation and interest rates
Source: livemint.com
Futures Dip As Tech Rally Faces First Major Test With Microsoft Earnings
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Benjamin Franklin Technology Partners: state-backed fund invests $1.5M in Philly-area startups
The state-backed Benjamin Franklin Technology Partners recently announced $1,535,000 in investments in eight Philly-region startups.
Source: technical.ly
Nintendo shares head for biggest 1-day drop in a year after Switch sales projection cut
TOKYO – Nintendo Co Ltd shares fell nearly seven per cent on Wednesday (Nov 9), putting them on track for their biggest one-day drop in a year after the Japanese video game giant cut its annual sales projection for its Switch console by nearly 10 per cent. The Kyoto-based company on Tuesday cut its sales forecast for the Switch to...
Source: asiaone.com