Video game stocks slide after Trump implicates games in mass shootings

Shares of major video game companies fell sharply on Monday following President Donald Trump’s speech addressing mass shootings in Texas and Ohio in which he implicated violent games as a reason for the attacks. Electronic Arts and Take Two Interactive declined about 4%, while Zyngadropped 5%. The stock of Activision Blizzard, which publishes the Call of Duty series, fell by more […]

China’s Best Social Media And Internet Stocks

Igor Greenwald, Breakthrough Tech Profits The Chinese internet sector is hotter than the sun. It is the belle of the latest global carry-trade ball, which shows few signs of flagging. YY is China’s leading social live-streaming platform, the closest equivalent toYouTube in the world’s biggest market. It’s growing like an internet powerhouse should, with revenue up 32% year-over-year […]

Double Trouble For Twitter With Revenue and Stocks Down

Has the Twitter success story run its course? That’s the question being posed on Wall Street after Twitter reported disappointing revenue growth in the first quarter of 2016 recently. In the first quarter, Twitter reported $595 million in revenue, well below the $607.8 million that analysts were expecting. The company added 5 million users, but fell […]