HUYA beats analyst estimates with $208.31M revenue in Q1 2024. Adjusted earnings per ADS was $0.05. Live streaming revenue declined, while game-related services and advertising revenue grew 137.6% Y/Y. Gross margin at 14.7%. Cash and equivalents at $1.30B.
Swiss bank UBS makes $5B AT1 bonds available for equity conversion It recently reported strong Q1 sales and plans to close merger with Credit Suisse AG on May 31.
GameStop shares climbed nearly 40% in early trading Monday after social media sensation Keith Gill, best known as "Roaring Kitty" on YouTube or "DeepF***ingValue" on Reddit, made his return to social media after a three-year hiatus.
Squarespace agrees to go private with Permira in a $6.9B all-cash transaction, with stockholders receiving $44.00 per share. CEO will remain in charge.
GameStop sees surge amid retail investor interest post Roaring Kitty's return. Dive into the frenzy that shook Wall Street in 2021. Learn about the meme stock craze and its impact on hedge funds and trading platforms.