ATVI News and Press, Activision Blizzard Inc From 05/07/23

2023-05-07 12:00:00 ET Summary Microsoft Corporation reported stellar fiscal Q3 earnings results last week. The growth of Microsoft’s core and cloud businesses along with the rise in popularity of its AI products could help the company outpace its competitors. Even thou...

2023-05-07 09:30:00 ET Summary MSFT has been well-supported by the AI boom, while further boosted by the stellar FQ3'23 results and optimistic FQ4'23 forward guidance. With FY2023 potentially bringing forth a top and bottom-line expansion of +6.7% and +5.4%, respectively, it is no...

2023-05-02 23:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-05-02 12:24:33 ET Summary Microsoft Corporation reported its fiscal Q3 results on April 25 and blew away the consensus as both revenue and EPS came in much better than anticipated. Driving the outperformance were higher cloud revenues, better performance in More Personal Comp...

2023-05-02 10:00:00 ET Summary Broadcom intends to acquire VMware for $142.5 per share in cash or 0.2520 AVGO shares. With the Microsoft/Activision Blizzard deal getting blocked, it's a relevant question to ask what would happen in this case. What should VMware be worth if the...

2023-05-01 04:50:13 ET Summary With the CMA giving a negative assessment of the ATVI/ MSFT merger, the likelihood of a deal closing dropped to single-digit probabilities. Referencing the AI hype, Microsoft will likely push for other priorities; and the CMC has historically rarely ...

2023-05-01 04:14:42 ET Summary Microsoft's shares have rebounded from their 2022 lows. The company has seen resilient sales growth in an uncertain macro environment. ChatGPT and AI have bolstered the imagination of the shares, as investors appear to be betting that it could br...

2023-04-30 00:36:46 ET Summary The UK's CMA is right to be concerned about Microsoft acquiring Activision. The combination of the two would create a cloud-gaming powerhouse. Satya Nadella's big bet on cloud is paying dividends. Can gaming become Microsoft's next source of growth? ...

2023-04-28 10:48:00 ET Shocking news dropped this week in the gaming world when the United Kingdom's Competition and Markets Authority said it is blocking Microsoft 's (NASDAQ: MSFT) proposed $75 billion acquisition of Activision Blizzard (NASDAQ: ATVI) . Wall Street was bli...

2023-04-27 17:58:00 ET Although Microsoft (NASDAQ: MSFT) stands in front of a giant roadblock in its quest to acquire a top video game producer and developer, investors traded its stock up notably on Thursday. The tech-giant's share price increased by more than 3% on a day when the ...