Tencent Posts Steepest Profit Decline Since Going Public
Tencent Holdings Ltd.
TCEHY -4.62%
posted its worst-ever quarterly profit drop and slowest revenue growth in…
Browsing Tag
travel goods
Electronic Arts to Drop ‘FIFA’ From Title of Soccer Videogame Franchise
Electronic Arts Inc.
EA -0.39%
said it would remove the word “FIFA” from the title of its popular soccer videogame franchise when its…
Peloton Shares Slide as Losses Mount, Sales Slow
Peloton Interactive Inc.
PTON -12.88%
reported falling quarterly sales and mounting losses and said it recently secured $750 million in…
Sony and Nintendo Videogame Machines to Be in Short Supply Again This Year
TOKYO—
Sony
SONY 2.37%
Group Corp. and
Nintendo Co.
NTDOY -3.33%…
‘Doctor Strange’ Gives Summer Movie Season a Strong Start
The summer blockbuster is back.After two years of delays, cancellations and false starts because of the Covid-19 pandemic, the 2022 summer movie season started strongly as fans packed…
The Tech Industry’s Epic Two-Year Run Sputters
The technology industry, which powered the U.S. economy during the pandemic and grew at tremendous scale during a decade of ultralow interest rates, is confronting one of the most punishing…
A French Sneaker Maker Grapples With How to Bring Production Home
ARDOIX, France—After 15 years of manufacturing entirely in Asia, French sportswear firm Salomon SAS, eager to cut emissions and reduce bottlenecks, decided it was time to start making its…
Under Armour Shares Fall as It Warns of Persistent Supply-Chain Issues
Under Armour Inc.
UA -24.72%
shares fell more than 20% in Friday trading after it said Covid-related supply-chain…
WSJ News Exclusive | Peloton Seeks Minority Investment to Shore Up Business
Peloton Interactive Inc.
PTON -9.09%
is exploring a sale of a sizable minority stake, in an effort to shore up its…
WSJ News Exclusive | Activist Investor Ancora Has 1% Hasbro Stake
An activist investor has a stake in
Hasbro Inc.
HAS 1.83%
and is supporting another activist already waging a proxy…