|Day's range||15.85 - 16.15|
Could the ease of using creative software bring a new wave of users and customers to these platforms?
All three major cloud service providers, Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), have announced recent partnerships with Nvidia (NASDAQ: NVDA) with its new H100 GPUs and other clouding solutions.
For the past year, the video game industry has been intensely focused on one topic: Microsoft's (NASDAQ: MSFT) proposed buyout of Activision Blizzard (NASDAQ: ATVI) for $75 billion. With a current spread to the closing deal price of 12.4%, merger arbitrage investors are making bets that the deal will get approved sometime soon, with Microsoft expecting the decision to be finalized at some point this summer. A lot of analysts are spending their time trying to figure out whether government regulators will approve this deal.