The gaming industry has seen over 7,800 employee layoffs this year, already more than half the 2023 total. With gaming giants Sony (SONY) and Electronic Arts (EA) making the latest round of layoffs, investors wonder whether the sector may be reaching a breaking point. Yahoo Finance tech editor Dan Holwey joins the Live show to share drivers of the layoffs, comparing these developments to 2023's tech industry layoffs. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Amazon's (AMZN) AWS is chosen by DOCOMO. The latter intends to deploy its nationwide 5G Open RAN in Japan with the support of AWS.
Nvidia, Meta Platforms, Cadence Design Systems and Amazon are part of the Zacks Investment Ideas article.