Media

645 posts

SanDisk stock explodes at scale with chip prices … but can it last?

SanDisk (NASDAQ:SNDK) stock has surged about 700 per cent in 2026 to over US$2,100 as an AI-driven NAND memory shortage flipped the company.
microsoft xbox gamepass

Microsoft’s Xbox unit faces looming job cuts despite strong Showcase momentum

Microsoft’s (NASDAQ:MSFT) Xbox division is planning major layoffs and budget cuts expected after June 30 as part of a restructuring effort

Tech selloff tests the AI IPO boom as market volatility returns

AI-driven tech stocks like Nvidia (NASDAQ:NVDA) are pulling back after a huge run, triggering sharp swings in major indexes.
Nintendo Switch 2 image via Nintendo

Nintendo stock sinks after Direct fails to impress investors

Nintendo shares surged during the Direct but then fell around 10 per cent by the close, as investors were underwhelmed by the game lineup.

Capcom: 13 straight years of profit growth

Capcom (OTC:CCOEF) achieved its 13th consecutive year of operating profit, with net sales up 15.2 per cent to ¥195.6B.

Take-Two faces critical moment as GTA VI delay rumours collide with investor expectations

Take-Two (NASDAQ:TTWO) CEO Strauss Zelnick reaffirmed November 19, 2026, launch, making earnings call the key moment for any official update.

Cineplex reports narrowed loss and strong revenue growth in Q1 2026

Cineplex (TSX:CGX) reported C$291 million in revenue (+16 per cent), with box office revenue rising 25 per cent.
The PlayStation 5 Pro promotional image.

Sony takes $765M hit on Bungie as “Marathon” struggles to deliver

Sony (NYSE:SONY) wrote down ~US$765M of Bungie’s value, admitting the studio is worth significantly less than its US$3.6B acquisition price.
Nintendo Switch 2 image via Nintendo

Nintendo’s Switch 2 success faces investor pressure as costs rise

Nintendo (OTC Pink:NTDOF) Switch 2 has been a success, but it’s reportedly being sold at a loss, raising concerns about profitability.

Are AI stocks still a good investment?

AI-driven semiconductor demand is creating an opening for quantum computing, and D Wave (NYSE:QBTS) is positioned as an early player.
gamestop

GameStop proposes $55.5B acquisition of eBay

GameStop (NYSE:GME) proposed a US$125 per share cash and stock acquisition of eBay (NASDAQ:EBAY), valuing the company at US$55.5 billion.

AI’s moment of reckoning: Growth fears force a valuation reset

OpenAI revenue worries have unsettled markets, prompting investors to reassess growth assumptions across the AI sector.

Paramount and Blue Ant Media ink exclusive Canadian ad deal

Paramount names Blue Ant Media as its exclusive direct sales and programmatic partner for ads on Paramount+ and Pluto TV in Canada.
microsoft xbox gamepass

Microsoft stock gains on Game Pass price cut

Microsoft (NASDAQ:MSFT) cut Xbox Game Pass prices in Canada and the U.S., with Ultimate dropping to C$25.99 from C$33.99, rolling back a hike

Cineplex sounds out potential buyers as industry pressures mount

Cineplex Inc. (TSX:CGX) is exploring a potential sale, sounding out rivals such as Regal Cineworld and Cinemark to gauge interest.

Nvidia debuts open quantum AI toolkit

Nvidia (NASDAQ:NVDA) announced Ising, an open-source family of quantum AI models designed to improve quantum processor calibration.

Netflix shares climb after Goldman Sachs upgrades stock

Netflix (NASDAQ:NFLX) shares rose Monday after Goldman Sachs (NYSE:GS) upgraded the stock to buy from neutral