Tech Stocks Open Lower, Extending Last Week’s Losses

Tech Stocks Open Lower, Extending Last Week’s Losses

Technology stocks opened lower in US trading on Monday, while government bonds extended their declines, as investors awaited inflation data and the start of earnings season. The Nasdaq Composite Index is down 1.1%, indicating renewed pressure on the technology sector. Last week, the benchmark index posted its biggest one-week percentage drop since February, as rising … Read more

GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan

GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan

Jim Stop corp. GME 1.28% It is launching a division to develop a marketplace for non-fungible tokens and forge crypto partnerships, according to people familiar with its plans, propelling the company into very encouraging areas as it tries to transform its core video game business. The retailer has hired more than 20 people to run … Read more