News & Events zu Hasbro Inc (HAS)HASHasbro Inc

Tech Stocks Lead Major Averages Higher, S&P 500 Up 0.89%

The major averages finished broadly higher as technology shares led gains ahead of a stretch of earnings from some of the market's largest companies.The focus this week is on corporate earnings, with Alphabet, Tesla, IBM and Intel all set to report in the coming days. Investors are looking for signs that spending on artificial intelligence continues to translate into revenue growth and profitability after recent volatility in chip stocks raised questions about lofty valuations across the sector.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:General Motorsreportedand raised its FY26 adjusted earnings guidance3Mprovided areport for Q2Hasbroalso provided areport for Q2Novo Nordiskis suing Eli LillyoverIntersnack GroupUtz Brandsfor $14.25 per share in cash2. WALL STREET CALLS:Adobeto Underweight at Morgan StanleyFive Belowto Outperform at BernsteinSalesforceto Equal Weight at Morgan StanleyRalph Laurento Outperform at Raymond JamesShopifyto Neutral at Rothschild & Co Redburn3. AROUND THE WEB:A federal judge has upheld a $634M jury verdict against Applefor infringing Masimopatents related to Apple Watch heart rate monitoring technology, Bloomberg reportsOraclemay have to face over $7B in collateral requirements after Wisconsin's power regulator tightened credit requirements, FT reportsInteltold Business Insider that it is planning layoffs within its data center groupTSMCplans to raise chipmaking prices by up to 10% from 2027 to offset rising costs for materials, manufacturing equipment and overseas plant construction, Nikkei Asia reportsTencentis in talks to acquire SuperPlay in a deal valuing the Israeli game developer at $1B-$1.5B, CTech says4. MOVERS:Forward Airhigher afterwith one of its largest customersMerlinincreases after Northlandcoverage of the stock with an Outperform ratingCoinbasegains after U.S. Treasury Secretary Scott Bessentthat the Digital Asset Market Clarity Act is nearing approval in the U.S. SenateTwenty One Capitallower after announcing CEO Jack MallersEquifaxfalls afterand raising its guidance for FY265. EARNINGS/GUIDANCE:D.R. Horton, with EPS and revenue beating consensusPeoples Bancorp, with CEO Tyler Wilcox "pleased with the results"Danaher, provided guidance for Q3 and FY26, and raised its outlook for FY26Novartis, with CEO Vas Narasimhan calling it "a solid second quarter"Calixand provided guidance for Q3 and FY26INDEXES:The Dow rose 385.38, or 0.74%, to 52,224.64, the Nasdaq gained 329.13, or 1.29%, to 25,837.21, and the S&P 500 advanced 65.92, or 0.89%, to 7,509.20.

Tencent in Talks to Acquire Israeli Game Developer SuperPlay Valued at $1.5 Billion

"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks.NEW RELEASES:This week's most notable new game release is Nintendo'sthird-person shooter "Splatoon Raiders," which launches exclusive for Switch 2 consoles on July 23.EPIC/GOOGLE:"Fortnite" maker Epic Games and Googlehave jointly pulled their attempt to retroactively settle their long-running legal spat over the Android app store in the U.S., meaning Google will have to carry rival app stores within its own, The Verge's Sean Hollister reported last week. Google told the court overseeing the case it is ready to start carrying third-party app stores on July 22, 2026, the author noted at the time. Investors in Epic Games include Tencent, KKR, Disney, and Sony.ROBLOX BUILD:Last week, Robloxannounced Build, a new mobile-first creation tab within the Roblox app, and a new suite of AI-powered tools for "creators of every level." The company stated: "Build allows anyone to turn a text prompt into a basic game directly in the Roblox app... Powered by a broad set of AI models, Build handles gameplay mechanics, environment, characters, visual style, sound, and more without leaving the app. Build brings an extension of Roblox Studio, the company's free development tool to create games, into the main Roblox app. With a shared back end, models, and chat history, creators can start work in Build and enhance their creation with the broader Studio capabilities, or launch agents from Studio and check in on progress from their mobile device."ROBLOX/CITI:Meanwhile, Citi maintained a Buy rating on Roblox with a $70 price target ahead of the company's Q2 report on July 30. The firm expects Roblox to report Q2 bookings of $1.57B, near the low end of its $1.55B-$1.61B guidance. However, the company's Q3 bookings outlook should be near consensus and its booking guidance for the year should "hold steady," the analyst tells investors in a research note.TENCENT/SUPERPLAY:Tencent is in talks to acquire Israeli game developer SuperPlay in a deal valuing SuperPlay at $1B-$1.5B, CTech's Golan Hazani reports. Playtika acquired SuperPlay in 2024 for $690M.MORE VIDEO GAME NEWS:Hasbroannounced a newto create products based on the popular "Legend of Zelda" franchiseNintendo is considering launching a Switch 2 model with an OLED screen, though concerns remain over how much such a device might cost to produce,Ubisoftsaid that "Assassin's Creed Black Flag Resynced" hassince its July 9 release