Shares of Zynga Inc. were soaring 10% in extended trading on Wednesday after the company reported earnings. The company reported that revenue improved 47% to $452 million from $306.5 million a year ago. Sales included record online game revenue of $388 million, up 61% year-over-year. The mobile-gaming company reported a second-quarter net loss of $150 … Continue reading “Zynga Reports Explosive Revenues as People Play Games During Covid”
Author: Sophia Vida
Parent Company of Jimmy Choo and Michael Kors Tops Earnings Expectations
While coronavirus may have impacted sales for Capri Holding Ltd., the parent company of Versace,…
Monster Beverage Soars on Surprise Earnings Gain in Q2
Shares of Monster Beverage were on the rise late Tuesday after the energy drink company…
Microsoft is in Talks to Buy Chinese Video-sharing Social Networking Service Tik Tok
Tech giant Microsoft revealed recently that CEO Satya Nadella has had a conversation with President…
Apple Overtakes Saudi Aramco as Most Valuable Company in World
This past Friday iPhone maker Apple saw its shares move higher and it was enough…
This is What JPMorgan CEO Jamie Dimon Does Every Morning
Jamie Dimon is the chairman and CEO of JPMorgan Chase & Co. which has over…
James Murdoch Suddenly Resigns from News Corp Board
This past Friday, James Murdoch resigned from the board of News Corp, effective immediately, leaving…
Big Pharma Giant Merck Explodes on Earnings Beat
Shares of pharmaceutical firm Merck were heading higher after the company reported second-quarter sales of…
Ferrari Orders are Strong Despite Coronavirus Pandemic
Luxury automaker Ferrari reported second quarter financial results this week revealing that income fell 60%…
Multinational semiconductor company AMD saw its shares moving higher this week after the company reported…
Starbucks Reports Big Loss in Q3 Amid Coronavirus
Shares of coffee giant Starbucks were jumping this week when the company reported third quarter…
Parent Company of Victoria’s Secret Will Cut 15% of its Corporate Workforce
The parent company of Victoria's Secret, L Brands, has said this week that it would…
Kodak Shares Explode as Company Moves to Pharmaceutical Ingredients
Once an iconic camera company, shares of Kodak were tripling this week as Wall Street…
Qualcomm and Huawei Sign a Patent Licensing Deal
Qualcomm announced this week in its third quarter earnings report that it has signed a…
