Hasbro raises 2026 outlook after 16% growth
Hasbro (NASDAQ:HAS) reported Q2 revenue of $1.14 billion, up 16%, and raised its 2026 revenue-growth outlook to 5%–7%.
Hasbro (NASDAQ:HAS) reported Q2 revenue of $1.14 billion, up 16%, and raised its 2026 revenue-growth outlook to 5%–7%.
Ross Gerber, co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management, reacts to Netflix's earnings and forecast. He speaks on "Bloomberg The Close."
Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Jason Schreier reports on "Bloomberg Open Interest."
Rockstar Games, a publishing label of Take-Two Interactive Software (NASDAQ:TTWO), will begin pre-orders for Grand Theft Auto VI on June 25, 2026 at midnight local time.
Hasbro CEO Chris Cocks addresses investor concerns regarding the company's exposure to petroleum-intensive products, clarifying that such exposure is relatively light. He emphasizes that the majority of Hasbro's business and growth comes from games as well as licensing and digital products. He speaks on "Bloomberg Open Interest."