EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

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  EA’s December quarter was weaker as Dragon Age and soccer missed forecasts

  EA's December quarter was weak because of weaker-than-expected sales of Dragon Age: Veilguard and global football (soccer) games.
  
  VentureBeat - 2h

• Johnson & Johnson clears a few hurdles, but Wall Street focuses on weak guidance

  Johnson & Johnson’s stock dropped more than 3% Wednesday after the medical-technology and drug company beat estimates for the fourth quarter but as lower sales guidance for the year stoked fears of ...
  
  MarketWatch - 8h

• Wells Fargo shares jump after earnings beat, strong 2025 guidance

  The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.
  
  CNBC - Jan. 15

• Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion

  Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.
  
  CNBC - Jan. 13
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  Save On Astro Bot, Final Fantasy 7 Rebirth, And Other PS5 Games Right Now

  Sony's big holiday sales may have ended weeks ago, but Walmart is carrying over several PlayStation game discounts into the new year. For a limited time, you can save big on numerous physical PS5 ...
  
  GameSpot - Jan. 10
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  Greggs shares drop on sales slowdown

  UK bakery chain blames ‘subdued high street footfall’ for weaker earnings
  
  Financial Times - Jan. 9

• 7 ways to get a lower mortgage rate in 2025

  Lowering your interest rate can save you money over the life of the loan. Here are seven ways to make it happen.
  
  CBS News - Jan. 6

• Tesla shares slide after it reports first drop in annual deliveries

  Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.
  
  CNBC - Jan. 3
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  Boeing Shares Drop After South Korea Plane Crash

  A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.
  
  The New York Times - Jan. 3

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• Billionaire Frank McCourt is open to a 50% share of TikTok after Trump comments

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• CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say

  Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.
  
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• Microsoft's business development chief Chris Young resigns

  Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard acquisition.
  
  CNBC - 37m

• SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom

  South Korea’s SK Hynix, one of the world’s largest memory chipmakers supported by strong sales of high bandwidth memory (HBM) used in generative AI.
  
  CNBC - 18m

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  Inside Trump’s Decision to Pardon Ross Ulbricht, the Creator of the Silk Road Drug Marketplace

  Libertarian and crypto allies of Ross Ulbricht, who was serving a life sentence for distributing drugs on his Silk Road website, leveraged President Trump’s desire for political support to secure ...
  
  The New York Times - 23m

• EA cuts outlook as growth of one of its key videogame franchises has stalled

  Shares of Electronic Arts Inc. fell after hours on Wednesday after the videogame developer cut its outlook for the months ahead, following stumbles in its big soccer gaming franchise as well as in ...
  
  MarketWatch - 23m

• Microsoft's business development chief Chris Young resigns

  Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard acquisition.
  
  CNBC - 37m