Sony loses $20 bn in market value on Microsoft's Activision Blizzard deal
The blockbuster acquisition escalates Microsoft's spending spree to secure intellectual property assets for
its Xbox Game Pass service, wiping $20 billion off Sony's valuation in a day.
Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after
PlayStation rival Microsoft Corp. announced a $69 billion deal to acquire games publisher Activision
Blizzard Inc.
The blockbuster acquisition escalates Microsoft’s spending spree to secure intellectual property assets for
its Xbox Game Pass service, wiping $20 billion off Sony’s valuation in a day. The push to attract paying
subscribers with an overwhelming portfolio of games challenges Sony’s traditional console business model
that relies on
titles and hardware sales.
Zomato shares tank 10%, down 48% from 52-week highs
The stock tanked 10 per cent on Thursday to hit Rs 90 level. The counter has slumped in six of the
last seven sessions amid heavy sell-off in tech stocks in the US and general aversion of investors
to stay invested in loss making companies.
From its all time high levels, Zomato is trading down by 48 per cent.
The stock tanked 10 per cent on Thursday to hit Rs 90 level. The counter has slumped in six of the
last seven sessions amid heavy sell-off in tech stocks.
The stock tanked 10 per cent on Thursday to hit Rs 90 level. The counter has slumped in six of the
last seven sessions amid heavy sell-off in tech stocks in the US and general aversion of investors
to stay invested in loss making companies.
From its all time high levels, Zomato is trading down by 48 per cent.
Zomato shares tank 10%, down 48% from 52-week highs
The stock tanked 10 per cent on Thursday to hit Rs 90 level. The counter has slumped in six of the
last seven sessions amid heavy sell-off in tech stocks in the US and general aversion of investors
to stay invested in loss making companies.
From its all time high levels, Zomato is trading down by 48 per cent.
The stock tanked 10 per cent on Thursday to hit Rs 90 level. The counter has slumped in six of the
last seven sessions amid heavy sell-off in tech stocks.
The stock tanked 10 per cent on Thursday to hit Rs 90 level. The counter has slumped in six of the
last seven sessions amid heavy sell-off in tech stocks in the US and general aversion of investors
to
stay invested in loss making companies.
From its all time high levels, Zomato is trading down by 48 per cent.
Playing the algo rhythm: Can codes help retail trade as smartly as institutional players?
The advent of broker APIs and New Age investors has boosted algo trading in recent years. Today, an
algorithm can be coded, back-tested and deployed to send buy and call signals. However, this has challenges
too — not all traders are tech-savvy. In future, can the retail masses reap returns that are at par with the
institutional lot?
When options trader Vikrant Singh Solanki heard of an algo marketplace called Tradetron, he joined its
Telegram community. The group discussed profits and strategies created by various algo sellers. The group
discussed profits and strategies created by various algo sellers.
Algorithmic trading is a process for executing orders utilizing automated and pre-programmed trading
instructions to account for variables such as price, timing and volume. An algorithm is a set of directions
for solving a problem. Computer algorithms send small portions of the full order to the market over time.
