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Movers

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  • Intraday Update
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GameStop, Squarespace, Incyte And Other Big Stocks Moving Higher On Monday

By Avi Kapoor
May 13, 10:22 AM
U.S. stocks were higher, with the Dow Jones gaining more than 90 points on Monday. Shares of GameStop…

AMC

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1 minute read
  • Earnings
  • Equities
  • Movers
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HUYA Beats Revenue Estimates in Q1, Yet Faces Challenges in Game Streaming Sector

By Anusuya Lahiri
May 13, 10:15 AM
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.

HERO

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1 minute read
  • Equities
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What’s Going On With Banking Giant UBS Stock Today?

By Lekha Gupta
May 13, 10:05 AM
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.

UBS

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1 minute read
  • Cryptocurrency
  • Management
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What’s Going On With Bitcoin Mining Stock Bitfarms?

By Adam Eckert
May 13, 9:53 AM
Shares of Bitcoin (CRYPTO: BTC) mining company Bitfarms Ltd (NASDAQ:BITF) are trading lower.

BITF

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2 minute read
  • Movers
  • News

Are Meme Stocks Back? Here’s What’s Going On With Shares Of GameStop, AMC Entertainment, Koss Corp And More

By Adam Eckert
May 13, 9:28 AM
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.

AMC

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1 minute read
  • Equities
  • M&A
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Squarespace Seals $6.9B Privatization Deal With Permira, Major Investors Back Transformative Deal

By Akanksha Bakshi
May 13, 9:21 AM
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.

SQSP

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2 minute read
  • General
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GameStop’s Rally Resumes In May – What Sparked The Interest?

By Vandana Singh
May 13, 9:21 AM
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.

AMC

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2 minute read
  • Media
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Arm Holdings Gears Up for AI Foray with New Chip Division Launching Next Year

By Anusuya Lahiri
May 13, 8:38 AM
SoftBank's Arm Holdings developing AI chips, with plans to release in 2022. Arm will fund development and seek partnerships for mass production.

AMZN

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  • Markets
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Seritage Growth Properties Posts Q1 Loss, Joins Fortrea Holdings And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

By Avi Kapoor
May 13, 8:31 AM
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday. Shares…

BUR

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2 minute read
  • Media
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Alibaba Backs China’s AI Startups with Cloud Credits, Eyeing Leadership in Global AI Race

By Anusuya Lahiri
May 13, 8:28 AM
Alibaba invests in China's AI start-ups through cloud computing resources, following a similar strategy to Microsoft's OpenAI. Stock price at $80.04.

AMZN

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