entertainment

Roku Shares Rise on Bullish Price Target

Roku Shares Rise on Bullish Price Target

Roku Inc. (NASDAQ: ROKU) shares continued to rise into Tuesday after Needham analyst Laura Martin gave a price target of $50 for the company, 10 percent higher than the Wall Street consensus price target of $45, according to Bloomberg data. Roku sha..

China’s Virtual Reality Market Grows

China’s Virtual Reality Market Grows

Guiyang, China has created the country’s very first virtual reality theme park hoping to increase demand for virtual entertainment. China’s virtual reality market is expected to hit almost $8.5 billion in the next 2 years. This park is 3..

SeaWorld Entertainment Q3 Results Miss Estimates As Attendance Falls

SeaWorld Entertainment Q3 Results Miss Estimates As Attendance Falls

SeaWorld Entertainment, Inc. (NYSE: SEAS) reported its financial results for the third quarter on Tuesday. In the third quarter, attendance continued to drop, and its Q3 results missed estimates.Revenue for the third quarter dropped 9.8% from $485.3..

Nintendo’s Super Mario Run Didn’t Generate “Acceptable Profit”

Nintendo’s Super Mario Run Didn’t Generate “Acceptable Profit”

Nintendo Co., Ltd (OTC: NTDOY) has launched its first mobile game Super Mario Run in December last year. In the most recent earnings report, the company said the game had over 200 million downloads, but it didn’t make as much as profit the com..

Netflix Stock is Close to Topping $200 for First Time

Netflix Stock is Close to Topping $200 for First Time

Netflix, Inc. (NASDAQ: NFLX) has confirmed on Thursday with Business Insider that the online streaming site will be raising its U.S. subscription prices starting on October 5. Investors responded positively to the news. Shares of the ..

Spotify is Now Worth $16 Billion in Private Trades

Spotify is Now Worth $16 Billion in Private Trades

Private trades in Spotify are now worth about $16 billion in value which is about $3 billion higher than similar trades up until June. There has been an increasing demand for the company’s shares and increasing subscription numbers as well and..

Layoffs in Lego Land; First Reported Losses in Over a Decade

Layoffs in Lego Land; First Reported Losses in Over a Decade

Lego announces today that they will be laying off up to 1,400 of their 18,200 employees worldwide  – Roughly 8 per cent of the company’s staff – as they plan to revamp a business model that, while it has helped keep Lego relev..