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After-hours movers: Snap and Match sinks on weak outlooks, AMD gains on EPS

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The Biden administration takes aim at Apple and Google

February 1, 2023 11:29 AM EST

According to AP News on Wednesday, a finding contained in a Commerce Department report released by the administration has resulted in the Biden administration taking aim at Apple (NASDAQ: AAPL) and Alphabet Inc's (NASDAQ: GOOGL) Google.

The publication... More

BoA cuts Electronic Arts (EA) to neutral following poor 3Q report

February 1, 2023 11:07 AM EST

Bank of America downgraded Electronic Arts (NASDAQ: EA) to a Neutral (From Buy) rating and cut the price target to $130.00 (From $155.00) following the video game companys 3Q miss.

EA reported 3Q net bookings of $2.34Bn (-5% Y/Y CC), below Streets estimate at $2.49Bn, with both Full Game and PC/Console Live Services well below the Street. Weakness in small titles and new... More