Unity Software cutting 25% of workforce

05:49pm, Monday, 08'th Jan 2024
CNBC's Pippa Stevens joins 'Closing Bell Overtime' with brekaing news out of Unity Software.
Three months after John Riccitiello announced his retirement as Unity CEO the company is slashing 25% of its workforce
Virtual-reality design firm Unity Software Inc. U, +3.18% on Monday said it planned to lay off around 1,800 employees, or 25% of its staff, amid efforts to focus on its core business. The company, who
Videogame software provider Unity Software will target laying off approximately 25% of its workforce, or 1,800 jobs, the company said in a regulatory filing and internal company memo on Monday.
Unity Software Inc. (U) closed the most recent trading day at $37.05, moving +0.32% from the previous trading session.

3 Stocks to Invest in the Metaverse Land Rush

07:48am, Wednesday, 03'rd Jan 2024
The advancement of artificial intelligence revitalized tech stocks in 2023. Yet, as 2024 looms, investors are becoming more selective, especially in AI sectors.
Artificial intelligence (AI) breathed new life into technology stocks in 2023. However, heading into 2024, investors are becoming pickier about where to invest in AI.
In this world of speed and technology, tech stocks have become an important foundation stone for savvy investment portfolios. Stocks representing innovation and progress are a fertile field for invest
Unity Software Inc. (U) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CNBC's Deirdre Bosa reports on the comeback of tech stocks.
If you're interested in finding AR retail stocks to add to your portfolio, look no further. Now is a great time to go shopping for e-commerce related stocks.

7 Hypergrowth Stocks to Buy and Hold Forever

09:14am, Monday, 04'th Dec 2023
Hypergrowth stocks have endured a rough couple of years. While big tech names saw a comeback rally, smaller, high-growth companies struggling through growing pains didn't get the same lift.
Despite widespread economic concerns, Americans are actively engaging in holiday spending. While broader economic worries persist, individuals are significantly increasing expenditures on seasonal gif
Shares of video game platform company Unity Software (NYSE: U ) are up by more than 4% after the company announced that it would cut 265 jobs, or about 3.8% of its roughly 7,000 employee workforce. Th

Unity Software: Doubling Down On Chase For Profits

05:05am, Wednesday, 29'th Nov 2023
Uncertainty regarding Unity's prospects is currently elevated due to the change in management, backlash against runtime fees and expected exit from certain businesses. These changes could create a mor
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