ATVI News and Press, Activision Blizzard Inc From 08/20/23

2023-08-20 07:33:21 ET Summary Electronic Arts' stock price dropped after lower-than-expected net bookings in 1Q FY24, but the company's financial results were strong overall. EA is set to launch new games, including EA SPORTS FC24 and EA SPORTS NHL24, which could boost net bookin...

2023-08-18 11:12:58 ET Summary The video game industry is undergoing a major transformation, with consolidation and M&A deals becoming more prevalent. Microsoft's attempted acquisition of Activision Blizzard highlights the shift towards content being the future of gaming. ...

2023-08-17 16:23:43 ET Summary Acquiring Activision Blizzard is not as profitable as it seemed 18 months ago for Microsoft. The completion of the deal is contingent on receiving approval from the UK's Competition and Markets Authority. Microsoft might sell its could-based gaming r...

2023-08-17 13:29:00 ET Summary Some months we might appear to underperform, but you must trust the process over the long term to evaluate our performance more accurately. On July 11, my shares of Activision Blizzard were up more than 10% on that day. Each year, I do a complete...

2023-08-17 11:46:12 ET Summary Microsoft's gaming division is often overlooked despite the gaming industry being larger than the movie and music industries combined. Xbox Game Pass is a major catalyst for growth, offering access to over 100 games for a monthly fee. The gaming ...

2023-08-16 10:31:10 ET Summary Stock prices and returns are influenced by a company's net cash on the balance sheet and changes in its future expected free cash flows. Enterprise valuation, also known as the discounted cash flow method, is a more comprehensive way to determine a c...

2023-08-15 16:57:12 ET Billionaire Larry Robbins' Glenview Capital Management in Q2 2023 exited its stakes in Chinese e-commerce giant Alibaba ( NYSE: BABA ) and Google-parent Alphabet ( NASDAQ: GOOG ) ( NASDAQ: GOOGL ), while picking up new positions in IT serv...

2023-08-15 03:59:00 ET Summary Berkshire Hathaway's 13F stock portfolio value increased from ~$325B to ~$348B in Q2 2023. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway repurchased ~3.92M Cl...

2023-08-14 16:51:04 ET More on Berkshire Hathaway Occidental Petroleum Is A Bit On The Pricey Side Again What Buffett Teaches Investors With Berkshire's Cash Strategy Berkshire Hathaway Keeps On Delivering Berkshire Hathaway Is Undervalued By 6% Berks...

2023-08-13 09:24:10 ET Amgen's ( AMGN ) planned $28 billion purchase of Horizon Therapeutics ( NASDAQ: HZNP ) and Microsoft's $69 billion acquisition of video game giant Activision ( NASDAQ: ATVI ) are among the best bets for deals to close this year. Amgen ( AMGN ...