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FIFA 20 Fiasco Shows EA Can’t Botch Up Its Golden Egg

FIFA 20’s career mode is a mess, so much so that #FixCareerMode was trending on Twitter last week. Nearly a week later, and not much has changed despite an official Q&A from EA offering vague assurances that it was doing its very best to address the issues and EA Sports lead Corey Andress blaming patching […]

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Shock U.S. Data Triggers Recession Alarm as Global Stocks Plunge

The unexpected fall in the U.S. equities market sent global stocks plunging as major stock indices in China and South Korea fell by 0.9 to 2 percent. The SSE Composite, which represents all stocks listed on the Shanghai Stock Exchange, fell by 0.92 percent on the day while the Kospi dropped 1.95 percent. Holger Zschaepitz, […]

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Sony’s Internal Struggle Risks Jeopardizing PlayStation 5 Launch

Yesterday’s announcement that Shawn Layden was leaving Sony Interactive Entertainment, although out of the blue and devoid of context, didn’t raise any immediate red flags as the carefully worded tweet published by the official PlayStation Twitter handle heaped praise on the now ex-chairman of Worldwide Studios. It did lack the pomp one would expect for […]

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Dow Futures Plunge as 2008-Crisis Parallels Loom Large

Dow Jones Industrial Average (DJIA) futures suffered another collapse in early trading Wednesday, pointing to a weak stock market open. As US manufacturing data falls to a fresh decade-low, traders are battling with yet another throwback to the 2008 financial crisis. A handful of warnings are now flashing red. Weak manufacturing, Federal Reserve intervention, housing […]

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Stitch Fix (SFIX) Had a Bad Quarter and Insiders Are Dumping Unicorn Shares

Custom-clothing online retailer Stitch Fix released its third-quarter earnings yesterday after the markets closed. The company’s stock declined by almost ten percent as the company missed the consensus revenue estimate. The decline came at a time when investors are looking closely at unicorn companies that are valued at more than a billion dollars. Quarterly Review […]