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2 mins read
Meme-stock mania comes roaring back to leave Donald Trump's Truth Social owner TMTG worth more than Etsy or Hasbro
Truth Social's owner, which counts Donald Trump as its biggest shareholder, is now worth more than …
Theron Mohamed
1 min read
Magic: The Gathering is a victim of its own success and could weigh on Hasbro stock, Bank of America says
Strength in Hasbro's Magic: The Gathering franchise was not enough to stem a decline in its toy bus…
Matthew Fox
2 mins read
Despite higher grocery and gas bills, parents are still spending big on toys and games
In the face of higher prices and supply-chain challenges, toymakers Hasbro and Mattel saw rising sa…
Ebony Flake
4 mins read
Trump Media's stock is almost certain to crash
Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…
Emily Stewart
2 mins read
Magic: The Gathering remains a 'key risk' for Hasbro stock as collectors grow cautious on investing in new card sets
"While engagement in Magic remains solid, stores and collectors have been more cautious to invest i…
Matthew Fox
2 mins read
Hasbro stock jumps 12% after revenue from its Magic: The Gathering franchise surges despite concerns of gamer fatigue
"We have a huge [Magic release] coming up in Q2 with Lord of the Rings. That's already setting reco…
Matthew Fox
2 mins read
Hasbro 'continues to destroy customer goodwill' and the stock could crash 29% as it dilutes the value of Magic: The Gathering, Bank of America says
The oversupply means "card prices are falling, game stores are losing money, collectors are liquida…
Matthew Fox
2 mins read
Hasbro is set to rally 41% on strength of Baldur's Gate 3 and its latest hot streak of Magic: The Gathering expansions
Monopoly Go has topped Apple's App Store for the top grossing game, and search interest has surged …
Matthew Fox
1 min read
Donald Trump crashes out of the Bloomberg rich list due to his meme stock nosediving
The company that owns Truth Social has plunged 53% from its peak two weeks ago, slashing Donald Tru…
Theron Mohamed
2 mins read
Mattel is hoping that the 'Barbie' movie is the start of a new box-office empire. Meanwhile, Hasbro is re-launching Furby.
The rival toymakers have different agendas: Mattel hopes "Barbie" will be the movie of the year, wh…
Caralynn Matassa
2 mins read
Hasbro jumps after earnings reveal Magic: The Gathering has boomed to become $1 billion brand
"We were too aggressive in some of our pricing assumptions, notably our 30th anniversary edition of…
Matthew Fox
4 mins read
Frustrated Magic: The Gathering fans say Hasbro has made the classic card game too expensive
One comic and game shop owner explained that Hasbro is pumping out too much Magic product, putting …
Travis Clark,Max Adams
1 min read
Roblox jumps after striking deal with Hasbro for digital Nerf and Monopoly products
Roblox reached a deal with Hasbro to bring digital Nerf and Monopoly products to its online gaming …
Carla Mozée
2 mins read
Hasbro is 'killing its golden goose' by destroying the long-term value of Magic: The Gathering, BofA says in scathing downgrade call
"This has created panic among collectors and we're seeing collections being liquidated now that the…
Matthew Fox
2 mins read
US stocks climb after S&P 500 enters correction while investors eye big week ahead
Investors this week are preparing for the next FOMC meeting, a quarterly update from the Treasury, …
Filip De Mott
2 mins read
US stocks trade mixed after giving up early gains as tech-led rally fizzles
Investors are bracing for Nvidia's earnings report on Wednesday, while the Federal Reserve's upcomi…
Filip De Mott
3 mins read
Global shares teeter ahead of central bank meetings, while the dollar takes a breather
Shares in Europe and across Asia eased, as investors fretted about the outlook for the economy afte…
Amanda Cooper
2 mins read
Hasbro soars after Disney toy sales help it overcome trade-war challenges
The company closed its acquisition of media production firm Entertainment One in the first quarter …
Ben Winck
2 mins read
Hasbro slides after announcing it will buy Entertainment One, the owner of Peppa Pig, for $4 billion
Shares of the largest public toymaker slid more than 7% in early trading Friday after the company a…
Carmen Reinicke
2 mins read
Fundstrat's Tom Lee says another epic rally in stocks hit hardest by COVID-19 could be coming soon
"From a market's perspective, a rolling over of COVID-19 should be a "risk-on" signal for epicenter…