After what was a tumultuous week of trading due to the GameStop short squeeze, U.S. stock indexes made a steady recovery on Tuesday morning. The Dow Jones rose by more than 350 points (approximately 1.2%), while the Nasdaq and S&P 500 indexes added 1% each.
After silver prices skyrocketed to...
Penn National Gaming Inc. has agreed to the purchase of Score Media & Gaming Inc. for a fee of approximately $1.74 billion in cash and stock. This move comes as the casino and racetrack operator looks to increase its share in the sports betting market. Currently, Penn National controls a...
Due to volatile trading in major Chinese tech companies, NetEase has taken the decision to delay the $1 billion initial public offering of its music streaming service Cloud Village on the Hong Kong stock exchange.
Following the Cloud Village IPO's approval by the Hong Kong Stock Exchange’s listing committee, preliminary...
Tencent Holdings Ltd. announced its purchase of a majority stake in Wake Up Interactive Ltd., the creative studio behind several hit Nintendo Switch titles including the likes of Ninjala and Travis Strikes Again: No More Heroes., Tencent paid over 5 billion yen ($44 million) for a 90% stake in...