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Investors aren't as excited about Electronic Arts ' (NASDAQ: EA) stock today as they were in earlier phases of the pandemic. The video game giant is still setting sales, cash flow, and profitability records even as people prioritize other forms of entertainment in the wake of COVID-...
The number of stocks dropped from BofA's quantmental Alpha Surprise Portfolio dwarfed the number of new entrants in April. The portfolio return was -6.8% for the month, outperforming the S&P 500 (SP500) (SPY), -8.8%, but trailing the equal weight S&P 500 (RSP), -6.4% for the month. Th...
5 Top Gaming Stocks For Your May 2022 Watchlist With the broader stock market potentially facing another uphill battle this week, gaming stocks could be worth considering. To begin with, investors will likely be anticipating the effects of the Federal Reserve’s upcoming i...
The pandemic bolstered revenue for almost all video game publishers - such as Sony, Activision Blizzard, Electronic Arts, Ubisoft, Take-Two Interactive, Warner Bros. and Microsoft - to record levels. However, what goes up must come down. “Live services” have been luc...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors may blame Roblox (NYSE: RBLX ) stock for continuing its decline on Nasdaq’s year-to-date downtrend as tech stocks — even those on other exchanges — underperform. The mobile gaming plat...
Videogame industry sales slipped year-over-year for a fifth straight month in March, as the group continues to wrestle with some tough pandemic comparisons and the ongoing challenges at getting hardware into gamers' hands - not to mention the rapid return of rival categories for videogame spe...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Activision Blizzard (NASDAQ: ATVI ) reported Q1 earnings today, and ATVI stock is currently in the red as a result. Revenue came in at $1.77 billion , missing analyst expectations of $1.82 billion by about 3%. Meanwh...
French videogame publisher Ubisoft (OTCPK:UBSFY) is drawing buyout interest from suitors who are kicking the tires on the publisher of the Assassin's Creed and Far Cry franchises, Bloomberg reports. Blackstone (BX) and KKR are linked to preliminary looks at the company, though there's no seri...
Race Day Reimagined with New Cars, Regulations, Race Options, and the Introduction of the Miami Grand Prix The New Era of Formula 1 ® Gaming Starts Here Codemasters® and Electronic Arts Inc. (NASDAQ: EA) today enter a new era of Formula 1 ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Asana ( ASAN ): expects to make an estimated $309 million – $314 million for 2022. Alphabet ( GOOGL , GOOG ): Has a stellar earnings record, upcoming stock split and increasing demand for its prod...
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Live services drive Q1 expectation beat and builds momentum for FY25 Electronic Arts (NASDAQ: EA) today announced preliminary financial results for its first quarter ended June 30, 2024. “EA delivered a strong start to FY25, beating net bookings guidance as we continue to e...
Shares of Electronic Arts Inc. (NASDAQ: EA) traded at a new 52-week high today and are currently trading at $150.15. So far today, approximately 792.29k shares have been exchanged, as compared to an average 30-day volume of 2.11M shares. Electronic Arts Inc. develops, markets, publishes, and ...