GameStop shares slumped 20% on Friday after the video game retailer announced a share sale to raise up to $3 billion even as its quarterly sales declined.
Read More GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestreamTag: regulatory scrutiny
US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia
The Justice Department and the FTC have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the AI industry.
Read More US regulators to open antitrust inquiries of Microsoft, OpenAI and NvidiaMorgan Stanley profit beats estimates as investment banking rebounds, wealth grows
Morgan Stanley’sĀ first-quarter profit beat estimates, fueled by a resurgence in investment banking and growth in wealth management.
Read More Morgan Stanley profit beats estimates as investment banking rebounds, wealth grows