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The release of new state-of-the-art videogame consoles from Microsoft (MSFT) and Sony (SNE) isn't just the start of a new era for the industry (the two companies' last consoles came out seven years ago), but also an exclamation point on a banner year, with gamers new and old stuck at home and...
Videogame sales growth accelerated in October, the last month before the first new major console launches in four years, as a double-digit gain in content sales offered a preview of what might be as the industry entered its crucial quarter. Overall sales rose 14% year-over-year in October, to...
A quarterly wrap-up from NPD Group says that Q3 was the best third quarter ever for videogame spending, which shattered previous highs for the time frame during a period where the industry continued to benefit from pandemic measures. Overall spending hit $11.2B from July through September, up...
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Ubisoft's recent underperformances on important IP is worrisome. Corporate strategy doesn't bode well for profitability in line with its peers. Recent shake ups in corporate positions bring many questions to future execution. For further details see: Ubisoft: Weakest Lin...
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha, Apple Po...
Heading into Q3 earnings, KeyBanc is looking for upside across the group of videogame publishers, with an upside bias to guidance. The firm is expecting some deceleration from the heights of the pandemic lockdowns, but ongoing healthy growth, it says. And it's staying Overweight on the big th...
Videogame sales growth moderated in September, but continued a months-long streak of year-over-year gains, riding on strength in mobile, hardware and accessories. Overall sales were up 10% in September from the previous September, to $4.3B, according to NPD Group. Year-to-date sales in this p...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead Investors head into next week with a few October surprises already in the books. Stimulus drama and further developments...
Videogame sales accelerated again year-over-year in August - another positive jump off June performance that was "only" a 26% gain. More news on: Nintendo Co., Ltd., Sony Corporation, Electronic Arts Inc., Tech stocks news, Top stock market news, Stocks on the move, News on ETFs, Read ...
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2023-11-03 05:12:00 ET Microsoft 's recent acquisition of Call of Duty maker Activision Blizzard for $68 billion shows that top video game producers are highly prized assets. Leading game companies attract large audiences with their best-selling titles, and these players tend t...