ABNB - Tech Roundup: Videogamers outlook Kyndryl spins off from IBM and Alphabet continues to soar
Videogame publishers and their outlooks, a spinoff from IBM, and Alphabet shares reach new, and lofty heights. There was an array of highlights in the tech sector this past week, and with consumers getting ready for Christmas and the holidays, it was no surprise that videogame companies had a lot to say. Electronic Arts (NASDAQ:EA) said is third-quarter bookings more than doubled from a year ago, and it also raised its guidance for the final three months of the year. Take-Two (NASDAQ:TTWO) also said it's expecting a strong holiday season, as Chief Executive Strauss Zelnick touted the company's ability to succeed in the "metaverse". However, Activision Blizzard (NASDAQ:ATVI) got stung when it said it would delay the release of two important games, Overwatch 2 and Diablo IV. But, things got a little brighter when Activision released Call of Duty: Vanguard, one of its highly anticipated holiday season titles. Nintendo (OTCPK:NTDOY)
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Tech Roundup: Videogamers outlook, Kyndryl spins off from IBM and Alphabet continues to soar