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2023-05-17 15:57:12 ET Nintendo stock ( OTCPK:NTDOY ) was 2% higher in U.S. trading, while most big videogame peers were lower, after the company announced a smash debut for its latest high-profile game, The Legenda of Zelda: Tears of the Kingdom. The new game sold more than...
2023-05-16 07:32:38 ET The commentary from the European Union on its approval of Microsoft's ( NASDAQ: MSFT ) proposed acquisition of Activision Blizzard ( NASDAQ: ATVI ) surrounding cloud gaming is an "incremental positive" for the tech giant's appeal after the U.K. blo...
2023-05-15 14:52:56 ET Guardians of the Galaxy Vol. 3 ( NYSE: DIS ) added $60.5M in its second weekend in theaters, holding on to more than half its opening-weekend business and easily leading a field of also-rans at the box office. The film, the third in the Marvel ...
2023-05-14 04:54:30 ET Summary The US treasury department only has about $231 billion of liquidity left to avoid what could potentially be a ∼$32 trillion debt melt down. Accordingly, Secretary Janet Yellen has recently expressed concerns that the government could exhaust i...
2023-05-12 10:36:22 ET Microsoft ( NASDAQ: MSFT ) is slated to go before a federal court in San Francisco on Friday to make its case for acquiring Activision Blizzard ( NASDAQ: ATVI ) amid competition worries around the globe, including in the U.S. At the hearing, U.S. D...
2023-05-11 11:26:41 ET Summary Nintendo Co., Ltd. saw the same profit declines YoY this quarter as last, so no acceleration in the declines, even with the Yen being stronger at this point YoY. However, the semiconductor excuse is getting tired, and we can see the inventories are u...
2023-05-09 08:42:17 ET Nintendo ( OTCPK:NTDOY ) released its full-year results on Tuesday, noting that revenue for the period fell 5.5% as sales of its Switch console waned. From April 2022 to March 31, 2023, Nintendo ( OTCPK:NTDOY ) said Switch sales were 17.97M, down 22.1%...
2023-05-04 10:17:43 ET Summary JAKKS Pacific reported Q1 earnings which beat expectations, highlighted by firming margins and a positive outlook by management. The company is capturing strong demand for Super Mario Bros. movie related merchandise as a tailwind for full-year earnin...
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...
2023-05-01 08:57:50 ET Comcast ( NASDAQ: CMCSA ) shares rose more than 1% in pre-market trading on Monday as investment firm Bank of America upgraded the media and cable giant after it reported "strong" first-quarter results. Analyst Jessica Reif Ehrlich raised her ratin...