Ubisoft Stock (UBSFY) Slips on New Leadership Changes
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Derennes is joining the Ubisoft and Tencent spin-off, leaving his role as the managing director for Ubisoft's North America business. Guillemot is the son of Ubisoft co-founder Yves Guillemot. Guillemot addressed claims of nepotism, saying, 'Yes, I'm Yves' son. That's not something I hide from. But my appointment isn't only about family ties; it's about what Ubisoft needs at this moment.'
Ubisoft and Tencent have created the new spin-off to change the game developer's operating model. This spin-off now holds the rights to the Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six brands. These are some of Ubisoft's biggest series, and this change will allow a better focus on them.
Ubisoft Stock Movement Today
Ubisoft stock was down 0.7% on Thursday, signaling possible displeasure from investors over its picks to lead its new spin-off with Tencent. The shares have also fallen 22.46% year-to-date and were down 56.41% over the past 12 months.
The poor performance of Ubisoft's stock over the last year was the result of ongoing struggles at the video game developer. There was speculation earlier this year that it was about to file for bankruptcy. However, that appears to have been avoided thanks to Tencent's $1.25 billion investment in the company.
Is Ubisoft Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Ubisoft (UBI) is Hold, based on two Buy, six Hold, and three Sell ratings over the past three months. With that comes an average UBI stock price target of €11.31, representing a potential 20.01% upside for the shares.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Joe Rogan Says Most Americans Are One Catastrophe Away From Losing Everything, Says AI And UBI Income Will Bring Chaos And Addiction
Joe Rogan has been talking a lot about the future lately, and he's not exactly optimistic. From conversations with Democratic Texas Rep. James Talarico to Sen. Bernie Sanders (I-VT) and entrepreneur Billy Carson, the comedian and podcaster has painted a picture of an America where most people are just getting by, automation is replacing jobs, and universal basic income might not be the solution people think it is. How Do You Live Off $7? In a June episode of 'The Joe Rogan Experience' with Sanders, Rogan slammed the current federal minimum wage. "The minimum wage in this country is ridiculous," he said. "How do you live off $7?" Don't Miss: Be part of the breakthrough that could replace plastic as we know it— $100k+ in investable assets? – no cost, no obligation. He referenced a viral clip of someone buying a $25 sandwich. "Imagine you have to work three and a half hours just to pay for a sandwich. That's insane. How do you eat dinner, how do you eat lunch, how do you eat breakfast?" Sanders pushed for raising the wage to $17 per hour. Rogan agreed it would still be difficult but joked, "At least you could get a sandwich in under two hours of work." UBI And AI: A Double-Edged Sword Rogan has voiced support for some form of UBI many times, especially if AI takes over most jobs. In last year's episode with the founder of First Class Space Agency Billy Carson, Rogan imagined a world where "you've got $200,000 a year because everything's automated and everything's done by the government." But he warned that it won't be a fix-all. "You're going to have to find something. You're going to have to find a purpose," Rogan said. Trending: This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — Then, in a recent conversation with Talarico, Rogan took it further. "Most people in this country right now are working check to check. They're living paycheck to paycheck. They're essentially getting by, and any catastrophe, medical or otherwise, will eliminate all savings instantaneously and they're doomed." That's why he believes UBI, while potentially necessary, could backfire. "I think we're going to deal with unprecedented levels of addiction," he said, pointing to drugs, gambling and other distractions that could spiral out of control when people no longer have the structure of work. 'There's going to be a lot of chaos and it's going to be very very uncomfortable for a lot of people.' The Problem Talarico echoed the concern. He said the AI future will "change how we understand work" and possibly eliminate millions of jobs. But he also saw a chance for reinvention."I don't know what this looks like, but it does seem like the disruption that's coming could be an opportunity," Talarico said. He proposed combining UBI with entrepreneurial grants and investment in human creativity, especially for people stuck in low-value work or underserved by the education system. Rogan wasn't convinced it would be enough. He compared it to lottery winners who end up miserable. "You might win $200 million... and then you're living in hell." Despite the criticism, both Rogan and his guests agree on one thing: the current system isn't working for most people. And if change is coming fast, the country needs to prepare not just financially, but emotionally and psychologically too. Read Next: Many are using retirement income calculators to check if they're on pace —Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Joe Rogan Says Most Americans Are One Catastrophe Away From Losing Everything, Says AI And UBI Income Will Bring Chaos And Addiction originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
19 hours ago
- Yahoo
Why Tencent and Other Chinese Tech Stocks Rallied Today
Key Points Tencent led Chinese stocks higher on Wednesday. The U.S. Treasury secretary said yesterday that trade talks with China will resume next week, with a tariff extension likely beyond the August 12 deadline. An extension would remove a key risk for Chinese stocks and those exposed to China -- for now. 10 stocks we like better than Tencent › Shares of Tencent Holdings (OTC: TCEHY) rallied on Wednesday, up 4% as of 3:48 p.m. There wasn't much company-specific news for the Chinese tech giant; however, positive words from U.S. Treasury Secretary Scott Bessent yesterday revived hopes for progress on trade between the U.S. and China. As a result, major Chinese tech stocks rallied today, with Tencent rallying especially strongly. China and U.S. negotiators to meet in Sweden During an interview yesterday, Bessent said, "I'm going to be in Stockholm on Monday and Tuesday with my Chinese counterparts, and we'll be working out what is likely an extension then." For reference, on May 12, the U.S. and China agreed to ratchet back their mutual tariffs on the other, which had escalated to the triple digits following China's retaliation for President Trump's "Liberation Day" tariff announcement on April 2. The lowering of tariffs was agreed on to allow room for trade negotiations to take place, with the three-month deadline approaching on August 12. Along the way, there have been some hiccups in the ongoing talks, such as when President Trump accused China of backtracking on commitments to speed up shipments of crucial rare earths materials. That may have led to some skepticism that a deal would be reached in time. But Bessent's comments yesterday were encouraging. Tencent would benefit from a China recovery Tencent has managed its business extremely well during China's three-year quasirecession, and recently showed an acceleration across its business. With a vast tech empire spanning mobile games, social media, streaming video and music, fintech, and cloud services, it's also in a prime position to benefit from artificial intelligence. So trade talk optimism could be boosting the Chinese economy, and last week's news that Nvidia may restart shipping H20 GPUs to China could also be helping shares along. Investors will learn more on all these fronts when Tencent reports Q2 earnings on August 13. Should you invest $1,000 in Tencent right now? Before you buy stock in Tencent, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Tencent wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Billy Duberstein has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and Tencent. The Motley Fool has a disclosure policy. Why Tencent and Other Chinese Tech Stocks Rallied Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
20 hours ago
- Miami Herald
$50 a week for 40 weeks: How no-strings cash changed the lives of teens
NEW ORLEANS - Kapri Clark used the $50 to help pay for her braces. Lyrik Grant saved half of it, and used the rest for dance classes. Kevin Jackson said he squandered the cash, on wings, ride shares for dates and some DJ equipment he later tossed. For the past five years, Clark, Grant, Jackson and hundreds of high schoolers in New Orleans have shopped - or saved - as part of a project to explore what happens if you give cash directly to young people, no strings attached. "That was the most helpful thing ever," said Clark, now a student at the University of Louisiana at Lafayette, who said she could still use that extra cash. "The $50 study," as it's known, began at Rooted School, a local charter school, as an experiment to increase attendance. The study has since grown to eight other high schools in the city, as well as Rooted's sister campus in Indianapolis, with students randomly selected to receive $50 every week for 40 weeks, or $2,000 total. By comparing their spending and savings habits to a larger control group, researchers wanted to figure out whether the money improved a teen's financial capability and perception of themselves. They also wanted to know: Could the cash boost their grade-point averages and reading scores? Now, as the experiment expands to Washington, D.C., and perhaps Texas, a final report of the $50 study suggests a little bit of spending cash can make a difference in young people's lives. The report, released Tuesday, shows students who received the cash payments were slightly more likely to attend school than those who didn't. Academic performance did not differ between the groups. But financially, the extra cash helped students acquire stronger long-term planning skills and familiarity with savings accounts and other financial products. They ended the study, on average, with $300 saved away - a 15 percent savings rate, triple the national average for American adults. "When young people are given the opportunity to manage money in low-stakes environments, they build the habits that shape long-term financial health," said Stacia West, an associate professor at the University of Tennessee, Knoxville and co-founder of the Center for Guaranteed Income Research, which partnered with the Rooted School Foundation to run the study. "The short-term habits we're seeing are laying the foundation for lifelong financial capability." Related: A lot goes on in classrooms from kindergarten to high school. Keep up with our free weekly newsletter on K-12 education. Across the United States and the globe, hundreds of communities have tinkered with some form of universal basic income, or UBI, a social welfare program that provides people with regular cash payments to meet their needs. Direct cash transfer programs like the $50 study or the child tax credit for families are similar, but they often provide smaller amounts and target specific populations to boost a person's income. Many studies have linked UBI to financial stability and better employment and health outcomes. In the U.S. and Canada, researchers have found links between cash transfer pilots that focus on low-income families and better test scores and graduation rates for their kids. So far, though, few experiments have targeted young people or examined how the programs influence their lives specifically. "There's a deep, deep distrust that we adults have of young people," said Jonathan Johnson, CEO of the Rooted School Foundation, which operates the network's four charter schools. "That distrust is to their detriment." In New Orleans, roughly 4 in 5 of Rooted students come from economically disadvantaged families, and during the pandemic, many struggled to prioritize school. Some students skipped class to provide child care for their working parents, or because they needed to work themselves, according to Johnson. With some seed funding from a local education nonprofit, Rooted started a "micropilot" to test whether cash could help students make ends meet and get themselves to school. The original cohort included 20 students, half of whom received the $50 payment. In that micropilot, those receiving the cash saw their material wellbeing improve, meaning their family could more easily afford rent or utilities, and they gained skills around setting financial goals. Rooted added students from its Indianapolis campus and another high school in New Orleans, G.W. Carver. And for their final report released this week, researchers sifted through the spending and survey data from 170 students who received the cash payments and 210 students who did not. The two-year report found students in the treatment group attended 1.23 more days of school, and spent close to half their funds on essentials like food and groceries. The report also noted that 70 percent of all students at the participating schools qualify for subsidized meals, suggesting "this spending may reflect efforts to meet immediate nutritional needs." One 12th grader in a survey mentioned using the money to feed their siblings. Kapri Clark recalled waiting every Wednesday morning for the $50 deposit to appear in her banking app. And every Wednesday afternoon, during her senior year at Carver High School, she put that money toward her $200 bill for braces she covered out of pocket. She braided hair to cover the rest, and still books clients when she has time in between her studies to become a nurse at the Lafayette campus. Even in college, Clark can see the need for some supplemental income for herself and her peers. "I make enough to take care of myself, but I watch every dollar," said Clark. "There's a lot of people struggling in life to eat, to live. Think if they got kids." Read Irvin, chief of staff for Collegiate Academies in New Orleans, a network of five charter high schools that includes Carver High, said the $2,000 had provided the extra incentive a few students needed to stick it out until graduation. "That's incredibly impactful for their life trajectories," she said. Related: How to help young kids: Give their parents cash In January 2024, the city of New Orleans invested $1 million to bankroll another extension of the study, as part of an economic mobility initiative that tapped federal Covid relief funding. During the pandemic, a skyrocketing murder rate and spike in overall crime had convinced the city to help more residents, especially young people, find stability. "Research shows that people who are economically stable are less likely to commit crime," said Courtney Wong, the city's deputy director of economic development. The city funding not only expanded the $50 study to nine high schools, it also set a longer timeline for the research: About 800 seniors who participate will have their data tracked for 18 months after their graduation. A former high school teacher and administrator, Wong said $50 could have made a difference in the lives of many of her former students. "This targets young people in that perfect moment," she said. "They're in the right spot where even a little amount of help could have big, positive impacts before issues of crime or unemployment or things like that even come up." Researchers also found students who received the $50 reported greater agency. They felt more control over their finances and more confidence about making long-term financial decisions. Students, according to the report, aligned their spending to future goals such as college prep classes and getting a driver's license. Lyrik Grant, a rising junior at Carver High School, is the second-youngest of six kids with two working parents. She could ask them for help, but the $50 allowed Grant to afford the tights and tops she needed for dance class on her own. The money helped cover a college entrance exam, which she aced, and Grant wants to learn how to drive soon. "My first thought was: What am I going to do with all this money?" Grant said, adding that the cash helped some of her classmates find financial stability. "Children don't always want to spend their parent's money, and some parents don't always have money to give them." Still, for some students, the money wasn't exactly life-changing. Irvin of Collegiate Academies said many used the cash to "just be teenagers." That was true for Kevin Jackson, a rising junior at Rooted School New Orleans. "It's cool to get free money," he said. "I was spending it on the TikTok shop: posters, keyboards, lights - stuff I liked, not stuff I actually needed." Related: All-charter no more: New Orleans opens its first traditional school in nearly two decades Despite the studies that show a positive impact from UBI, many Americans appear skeptical of the idea of a federal program that gives unconditional financial support to people. Aditi Vasan, a pediatrician and researcher at PolicyLab at the Children's Hospital of Philadelphia, said skeptics often worry about recipients using public dollars for drug use or other illicit behavior, even though the data does not support that. Still, that fear will likely keep any large-scale cash transfer program from being adopted in the United States any time soon, she said. "That concern exists certainly for cash transfers in general but might be particularly magnified for teens," Vasan said. "We've not seen that play out in the evidence from the quality studies that have been done." Next year, in Washington, D.C., the nonprofit Education Forward will fund a pilot of the $50 study with 40 high schoolers. The Rooted school network resumed talks, meanwhile, to take the study to neighboring Texas, after state lawmakers earlier this year failed to pass legislation that threatened to ban local governments from adopting guaranteed income programs. Talia Livneh, senior director of programs for the Rooted School Foundation, said the politics may need to catch up to the research. "I don't think what we're doing is so radical. I believe this just works," she said. "Kids don't lack character. They lack cash," Livneh added. "They deserve deep, deep trust that students and people know what's best for them." It's been four years since Vernell Cheneau III received the $50 for 40 weeks while a student at Rooted in New Orleans, and his economic life isn't easy. He struggled for months to find part-time work in his hometown. But on a recent summer morning, the same day he finally received a job offer, Cheneau recalled what he learned from the study. "You learn that money goes fast, especially if it's free," said Cheneau, 22. As a student, he tried to use the money to build some credit history. Since then, he's learned the full cost of being an adult in America: health care, fuel and maintenance for his car, getting your hair done before a new job. Cheneau has also spent that time trying to convince friends and family to support UBI. Most oppose giving "free" money to people, he said. "How much does it cost to feed children? Get to work? We can't just allow people to drown." "Everything costs something," Cheneau added. "If you're stuck in a rut, it's expensive to restart. In this country, it's expensive to be poor." Contact staff writer Neal Morton at 212-678-8247, on Signal at nealmorton.99, or via email at morton@ This story about cash transfer programs was produced by The Hechinger Report, a nonprofit, independent news organization focused on inequality and innovation in education. Sign up for the Hechinger newsletter. The post $50 a week for 40 weeks: How no-strings cash changed the lives of teens appeared first on The Hechinger Report.
