Key Takeaways Electronic Arts shares are tumbling 15% in premarket trading Thursday, a day after slumping demand for its EA SPORTS FC 25 video game prompted the company to cut its outlook. The company projected net bookings to be $2.22 billion for the fiscal third quarter, down from $2.4 billion to $2.55 billion previously. EA

KEY TAKEAWAYS Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday. Jefferies noted that flagging iPhone sales and weak demand for its artificial intelligence (AI) features in newer models would lead the tech giant to undershoot quarterly revenue forecasts. JPMorgan analysts on Tuesday stuck with an overweight call

KEY TAKEAWAYS President Donald Trump signed an executive order Monday delaying the U.S.’s ban on TikTok by 75 days, giving the Chinese-owned social media app time to find a U.S. buyer. The grace period follows a volatile few days for the app, which went briefly “dark” over the weekend before Trump, on the eve of

KEY TAKEAWAYS TikTok said Sunday it’s in the process of restoring service after President-elect Donald Trump said he would issue an executive order on Monday to delay the Chinese-owned app’s ban in the U.S. Trump also said he wants 50% U.S. ownership of the Chinese-controlled app. The app went “dark” Sunday after the Supreme Court