Tae Kim

Technology stocks have been gyrating lately as investors assess the effects of rising inflation, anticipated rate increases from the Federal Reserve and a possible slowdown in consumer spending. Yet Microsoft Corp.’s latest earnings underscore why the company still looks like a safe bet over the…

Take-Two Interactive Software Inc., owner of the Grand Theft Auto game franchise, announced plans Monday to acquire mobile gaming leader Zynga Inc. for $11 billion in cash and stock. News of the proposed merger has spooked some investors, who sent Take-Two’s shares down 14% Monday on the belief…

The video game industry is at a crossroads. Enticed by the prospect of easy profits, game publishers and even a retailer like GameStop Corp. are embracing the opportunity provided by the hottest buzzword of the moment: blockchain-enabled non-fungible tokens, or NFTs. But they should reconsider. …

Apple Inc. became the first publicly traded company valued at $3 trillion on Monday, touching the historic milestone briefly after a weeks-long rally in its stock price. Yet for investors looking for a surefire bet as 2022 gets under way, the sudden surge ought to give them pause. The climb has…

Lofty prices for parody coins. Celebrity-driven commercials for trading platforms. A frenzy over non-fungible tokens that has enticed famous names including former first lady Melania Trump. Even after a pullback in the past month, the cryptocurrency market remains full of frothy behavior. Yet…

Lofty prices for parody coins. Celebrity-driven commercials for trading platforms. A frenzy over non-fungible tokens that has enticed famous names including former first lady Melania Trump. Even after a pullback in the past month, the cryptocurrency market remains full of frothy behavior. Yet…

Intel Corp. plans to sell a partial stake in one of its hot subsidiaries while still maintaining control over it. Although it might make for big headlines, the move amounts to minor financial engineering that isn’t going to save the chipmaker. Late Monday, the chipmaker announced it intends to…

Even the most promising meme stocks can hit an air pocket. That may soon be the case for GameStop Corp. Lately, there are signs the video-game retailer, which operates thousands of stores mainly in North America and Europe, will spook Wall Street with weaker-than-expected holiday sales. If that…

After years of stumbles and underperformance, Twitter co-founder Jack Dorsey is finally stepping aside as chief executive. The long-awaited move creates an opportunity for the social media platform to regain its footing, but there is much to be done. On Monday, the company’s board announced that…

Best Buy Co. Inc.’s post-pandemic slowdown has officially begun. And unfortunately for its investors, there are clear signs the electronics retailer’s troubles might just be getting started. Early Tuesday, the company reported revenue of $11.91 billion for the quarter ended in October, slightly…