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Last year was an incredibly strong one for the stock market and the U.S. economy. Stock indexes ended the year with gains that quadrupled their historic annual averages, while the U.S. unemployment rate hit a nearly 50-year low of 3.5% in October. We have to go all the way back to December 1969 ...
Benchmark names Activision Blizzard (NASDAQ: ATVI ) and Electronic Arts (NASDAQ: EA ) as top picks, citing product launches during a less competitive holiday season. More news on: Activision Blizzard, Inc., Electronic Arts Inc., Tech stocks news Read more ...
We Are Selling Off Temporarily, But Still in a Larger Rally. As Scary as All This Talk of War Is, It Will Blow Over I made a case for the temporary nature of this sell-off on Friday. Rarely does even an actual war directly create a bear market condition, let alone a single drone strike. ...
After a dramatic fall to end 2018, Activision Blizzard (NASDAQ: ATVI) stock rose 28% in 2019. The maker of hit franchises including World of Warcraft and Candy Crush finished the year strong, with momentum across mobile, console, and PC titles. Notably, the company made a treme...
Welcome to the last edition of Insider Weekends for 2019. This has been an interesting year when it comes to insider purchases, with several well-timed purchases by insiders, including: The purchase of Eidos Therapeutics ( EIDX ) by its CEO in June and then again in July . The purchas...
Gaming and the esports industry — characterized by massive video game tournaments — saw unprecedented growth in 2019 as investors recognized opportunity. Now, heading into 2020, the gaming sector is poised to further shift into a lucrative market as increased interest support...
Credit Suisse maintains an Outperform rating on Activision Blizzard (NASDAQ: ATVI ) and raises the target from $67 to $69. More news on: Activision Blizzard, Inc., Tech stocks news, Read more ...
Credit Suisse updates estimates on Activision Blizzard (NASDAQ: ATVI ) after accounting for the shift of Warcraft IIII: Reforged to a launch date of January 28 and increasing its estimates for Call of Duty: Modern Warfare . More news on: Activision Blizzard, Inc., Consumer stocks news, ...
GameStop (GME) stock got slammed since the past couple of years, due to a secular decline in physical games and with the late stages of the console cycle. The next console cycle should give GameStop a lifeline, and the company is expected to generate between $200 and $250 million unlevered FCF...
The investment interest for the gaming sector has increased thanks to the high-end revenues attached to the industry; in fact, it has long surpassed the revenue of both the movie and music spaces combined. Gaming as a focus of the business world came to be one of the leading trends for the t...
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Microsoft Corp (NASDAQ:MSFT) CEO Satya Nadella on Thursday announced the company’s record-breaking gaming performance and its ...
Sony Group Corporation (NYSE:SONY) is expanding its gaming footprint by investing in an African gaming startup, Carry1st. What Happened: Sony, the ...