This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox. (With apologies to Jonathan Larson, a version of his Rent classic “Seasons of Love” in honor of Melvin Capital throwing in the towel on its short bets against Gamestop. You […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. Global stocks and U.S. futures are fairly quiet ahead of a busy day of corporate earnings from the likes of Apple, Tesla and Facebook. The big action again this […]
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. It’s official: Janet Yellen has been confirmed as the next Treasury Secretary, a familiar face for investors. Alas, U.S. futures are under pressure this morning ahead of a big […]
Good morning, Bull Sheeters. Tech stocks are leading the way this morning, sending U.S. futures mostly higher, and lifting global stocks, too. It’s a big earnings week for Big Tech with one half of the FAANGM sextet reporting in the coming days. In today’s essay, I look at the bubbly trade in penny and loss-making […]
Expand (charge: Aurich Lawson / / Microsoft / / Getty Images) At a seemingly unprecedented bargain, GameStop will share in the life digital earnings –such as for complete game downloads, DLC, and subscription programs –to get virtually any Xbox console sold via its own stores. Just how much this arrangement will affect the bottom line […]