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$Sea(SE.US$
Sea generated 31% of its revenue from the digital entertainment division, which houses its gaming unit Garena, in its latest quarter. Garena generates most of its growth from its battle royale game Free Fire, which was launched back in 2017.
Garena's bookings soared 80% in 2020 as more people played Free Fire throughout the pandemic, then increased 44% in 2021. But its bookings declined sharply in the first half of 2022 as those pandemic-induced headwinds faded away...
Sea generated 31% of its revenue from the digital entertainment division, which houses its gaming unit Garena, in its latest quarter. Garena generates most of its growth from its battle royale game Free Fire, which was launched back in 2017.
Garena's bookings soared 80% in 2020 as more people played Free Fire throughout the pandemic, then increased 44% in 2021. But its bookings declined sharply in the first half of 2022 as those pandemic-induced headwinds faded away...
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Biden Signs Inflation Reduction Act Into Law, Setting 15% Minimum Corporate Tax Rate
President Joe Biden signed the Inflation Reduction Act into law, which passed with majority Democratic support in the Senate and the House. The more than $430 billion package is expected to reduce the deficit by more than $300 billion over a decade.
Home Building Fell Sharply in July as Costs Increased
H...
Biden Signs Inflation Reduction Act Into Law, Setting 15% Minimum Corporate Tax Rate
President Joe Biden signed the Inflation Reduction Act into law, which passed with majority Democratic support in the Senate and the House. The more than $430 billion package is expected to reduce the deficit by more than $300 billion over a decade.
Home Building Fell Sharply in July as Costs Increased
H...
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U.S. GDP Fell at 0.9% Annual Rate in Second Quarter; Recession Fears Loom Over Economy
Gross domestic product, a broad measure of the goods and services produced across the economy, fell at an inflation and seasonally adjusted annual rate of 0.9% in the second quarter, the Commerce Department said Thursday.
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Yellen Says US Economy Is Not Seeing Recession Conditions Now
Trea...
U.S. GDP Fell at 0.9% Annual Rate in Second Quarter; Recession Fears Loom Over Economy
Gross domestic product, a broad measure of the goods and services produced across the economy, fell at an inflation and seasonally adjusted annual rate of 0.9% in the second quarter, the Commerce Department said Thursday.
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Yellen Says US Economy Is Not Seeing Recession Conditions Now
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ColumnsWall Street Today | Google stock rises despite an ad downturn, second straight earnings decline
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After Fed Raises Interest Rates Wednesday, Investors to Look for Clues About What's Next
After the Federal Reserve lifts its benchmark interest rate on Wednesday, attention will turn to what Chairman Jerome Powell says about a rate increase at the central bank's meeting in September.
The Fed is likely to raise its federal-funds rate by 0.75 percentage points, to a range between 2.25% and 2.5%, at...
After Fed Raises Interest Rates Wednesday, Investors to Look for Clues About What's Next
After the Federal Reserve lifts its benchmark interest rate on Wednesday, attention will turn to what Chairman Jerome Powell says about a rate increase at the central bank's meeting in September.
The Fed is likely to raise its federal-funds rate by 0.75 percentage points, to a range between 2.25% and 2.5%, at...
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