Gaming

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...

GameStop shares rallied by a colossal 92% at the time of Tuesday's close, resulting in a record price tag of $147.98 per share. The gaming merchandise retail chain now has a market cap of over $10 billion. The beginning of this surge could be traced back to last week's clash...

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...

Shares of gaming merchandise retailer GameStop reached record highs on Monday due to a crush on short-sellers. The company's stocks skyrocketed by 130% with shares hitting a value of $100 by mid-session on Monday. This unparalleled surge emerged as the result of a massive short squeeze on the stock, whereby...