Author: Max Smith

(Bloomberg) — Tesla Inc. is no longer a hot growth stock. CEO Elon Musk said the same thing.Most Read Articles on BloombergBut even by that new standard, the bleak sales forecast from Tesla's top analysts on Wednesday was still shocking as Wall Street's growth forecasts have plummeted. Wells Fargo's Colin Langan said electric car makers will sell zero cars this year. And he will get even worse in 2025, and sales volumes will decline.The company's stock reacted appropriately, falling 4.5% on Wednesday to close at a 10-month low of $169.5. The stock has fallen 32% since the beginning of the…

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Visitors play the retro game “Space Invaders'' at Gamescom, a video game fair in western Germany. Ina Fassbender/AFP via Getty Images hide caption toggle caption Ina Fassbender/AFP via Getty Images Visitors play the retro game “Space Invaders'' at Gamescom, a video game fair in western Germany. Ina Fassbender/AFP via Getty Images Think back to your earliest video game memories. As technology changes and video games are increasingly released only digitally, many of the titles you played as a child may no longer be playable. 87% of classic video games (released before 2010) are at risk of being lost to time.…

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Consumer spending on games in the U.S. could fall by 10% this year, according to market research firm Circana.Analyst Matt Piscatella told GamesIndustry.biz that this figure is within the “pessimistic” range of what could happen in the U.S. market in 2024, even if spending is in a more positive direction. He said he expected the next nine months to be tough.”Right now, my most optimistic outlook is for a decline of about 2%,” Piscatella said. “If you start looking a little more pessimistically, you're looking at about a 10% decline. If things are really going sideways, you're looking a little…

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CAHmelia-203 Study of Tildacerfont in Adult Classic Congenital Adrenal Hyperplasia (CAH) with Severe Hyperandrogenemia Did Not Meet Primary Efficacy EndpointPositive Data from CAHptain-205 Study of Tildacerfont in Pediatric Classic CAH Supports Further Dose-Ranging Across Additional Dosing CohortsTopline Results from CAHmelia-204 Study of Tildacerfont in Adult Classic CAH Evaluating Glucocorticoid (GC) Reduction Anticipated in Third Quarter of 2024Resource Prioritization and Cost Reductions Extend Cash Runway Through End of 2025Conference Call Today at 4:30 p.m. ETSOUTH SAN FRANCISCO, Calif., March 13, 2024–(BUSINESS WIRE)–Spruce Biosciences, Inc. (Nasdaq: SPRB), a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for rare endocrine disorders…

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The statistics here are probably pretty hard to believe, at least for those born before the 1990s. The revenue of the game industry is bigger More than the movie and music industries combined. And they haven't had a particularly close relationship in recent years. The difference is consistently more than $100 billion a year. Gaming is a huge market and is primarily targeted at young people. But despite these numbers, the gaming industry has largely avoided mainstream scrutiny. For example, you'll see more discussion about Sidney Sweeney and Taylor Swift than you've ever seen before about famous video game voice…

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The idea behind this project is simple: Rank all 30 MLB teams by the talent in their organizations age 26 and under.Prospect lists and farm system rankings do a phenomenal job of highlighting the future impact players still developing in the minor leagues. But that exercise overlooks the importance of young talent already at the big-league level. Players aged 26 and under produced 246.2 fWAR in 2023, the second-highest total ever by that contingent. In other words, young big leaguers have never been so crucial.This is the second year we’ve conducted this exercise, having introduced the rankings last spring at…

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Ready or not, the Department of Defense Cybersecurity Maturity Model Certification Program is here. The proposed rule has been released and the industry is commenting on what it believes will be a costly burden for contractors. Rogers Joseph O'Donnell attorney Bob Metzger assisted the Government Procurement Coalition in preparing its comments.he participated Tom Temin and Federal Drive In the studio earlier.bob metzger I think the Department of Defense actually wants this rule to go into effect and go into effect in October 2024. They want to do that in part because there's something called the Congressional Review Act. This gives…

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Orion's latest BeFi tool, which integrates personal fulfillment and wellness into the financial planning process, aligns with findings from WealthTech survey highlighting advisors' grasp of the business benefits of BeFiOmaha, Nebraska, March 13, 2024–(Business Wire)–oriona leading provider of innovative wealthtech solutions for fiduciary advisors, today launched “.pulse check” Live streaming from the main event orion rise, located in San Diego. This sophisticated behavioral finance tool was developed by Orion's Chief Behavioral Officer. Dr. Daniel Crosby and his team consider investors' personal well-being and fulfillment to be part of the financial planning process. This embodies Orion's commitment to empowering advisors to…

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