Tech Ticks Up as Electronic Arts Slides -- Tech Roundup

Dow Jones
01-24

Shares of technology companies rose, but not by as much as the broad market, after weak earnings from Electronic Arts.

Shares of the videogame publisher slid 17%, on course for the biggest one-day drop in two decades, as analysts at brokerage Benchmark Capital said an "abrupt loss of momentum" in its Global Football franchise was a major overhang in the short term.

The top lawyer at Elon Musk's Department of Government Efficiency is announcing his departure just days after President Trump's return to the White House.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

January 23, 2025 17:56 ET (22:56 GMT)

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