12.20k followers • 15 symbols Watchlist by Motif Investing
Given its convenience and social aspects, multiplayer online gaming could continue its fast growth and transform the gaming industry away from the console model.
Activision Blizzard, Inc.
Electronic Arts Inc.
Take-Two Interactive Software, Inc.
Caesars Entertainment Corporation
Churchill Downs Incorporated
International Game Technology PLC
Glu Mobile Inc.
Cheetah Mobile Inc.
GBP/USD is on pace to post a third day of sideways trading as the 200-day moving average has caused a pause in the bullish rally.
The paper-based bottle is the latest step in tackling the environmental footprint of packaging.
Co-founder of Chinese online marketplace Alibaba Jack Ma has cut his stake in the company, cashing out around $9.6bn over the past year.
The Commitments of Traders reports highlight speculators positions and changes made during the week to July 7 in FX, bonds and stocks. Appetite for risk during this U.S. holiday shortened week was firm with the Nasdaq 100 rising by 3.6% while the dollar weakened against its peers.
The best calibre of companies resist competitive threats year-in, year-out, while their competitors fail. This cycle of consistent outperformance and reinvestm...
Shares in Sohu.com (NSQ:SOHU) are currently trading at 11.07, but a key question for investors is how much the current economic uncertainty will affect the pri...
Daily forecast and trading signals of forex majors, commodities, cryptocurrencies and indices.
The GBP/USD is where sellers could be. At this point the price is bullish but watch for M H4 rejection if the price gets closer.
GBP/USD managed to settle above 1.2600 and tests the high end of the current trading range.
The dollar has weakened in early European trade Monday, with investors turning to risk-sensitive currencies amid optimism over the upcoming earnings season even as the Covid-19 outbreak rages on. Goldman Sachs (NYSE:GS) has become a little more optimistic on earnings prospects for the S&P 500 Index this year, lifting its baseline forecast for S&P 500 earnings per share in 2020 to $115, up from a prior estimate of $110. The World Health Organization reported a record 230,370 new cases in 24 hours on Sunday.
It’s a quiet day on the economic calendar. FED Chair Powell and BoE Governor Bailey are scheduled to speak. Expect Trump and COVID-19 to also influence.
BENSALEM, Pa., July 13, 2020 -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following.
New York, New York--(Newsfile Corp. - July 13, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Cheetah Mobile, Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM) of the August 24, 2020 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.If you invested in Cheetah Mobile stock or options between March 25, 2019 and February 20, ...
Electronic Arts Inc. (NASDAQ: EA) today revealed EA SPORTS™ UFC® 4 featuring UFC® middleweight champion Israel "The Last Stylebender" Adesanya and UFC welterweight contender Jorge "Gamebred" Masvidal as the game’s official cover athlete duo. The next game in the popular UFC franchise brings a new experience that puts the player and their created fighter at the center of the action. Featuring an all-new unified progression system, overhauled takedown and ground mechanics, more fluid clinch-to-strike combinations and the chance to experience the origins of combat sports in all-new environments, UFC 4 delivers the most polished mixed martial arts experience to date. Players who pre-order* the game can play out one of the most anticipated fights in combat sports history with world heavyweight boxing champions Anthony Joshua and Tyson Fury on day one.
In the latest trading session, Zynga (ZNGA) closed at $10.38, marking a -0.57% move from the previous day.
Video game maker Activision Blizzard (NASDAQ:ATVI) has been around since 2008 and is having one of its best-ever years in the face of the novel coronavirus. Activision-Blizzard stock is up more than 30% year to date.Source: madamF / Shutterstock.com The maker of the ever-popular Call of Duty franchise is already pushing all-time highs set in 2018. With more people staying at home as the new virus spins out of control, and with next-generation gaming consoles being released later this year, Activision Blizzard is a good bet to blast through that ceiling.I've already declared Activision one of my seven best consumer stocks to buy. Now we'll take a closer look at this popular gaming stock and the tailwinds that will continue to push it higher.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Activision-Blizzard Stock at a GlanceFirst released in 2003, Call of Duty may be Activision's best-known franchise. It has released more than a dozen different versions on the game on PC's as well as consoles like Sony's (NYSE:SNE) PlayStation systems, Microsoft's (NASDAQ:MSFT) Xbox and Nintendo's (OTCMKTS:NTDOY) various platforms.Activision keeps the first-person shooter game interesting by mixing things up -- some versions of the game focus on World War II, while others were set in Russia. The most popular game in the franchise, Call of Duty: Black Ops, was released in 2010 and has sold 31 million copies. * The 7 Best Stocks to Invest in Right Now The most-recent installment of the game, Call of Duty: Modern Warfare, was released in October 2019 and reportedly outperformed every game in the popular franchise in the first quarter, according to Forbes.A part of the game -- Warzone combat arena -- was available online for free, which helped boost the franchises' popularity even further. Call of Duty games also make money through in-game purchases and battle passes, providing a consistent revenue stream to help bolster Activision-Blizzard stock.Other successful franchises for Activision include Candy Crush and World of Warcraft, but Call of Duty rules the roost.When the PlayStation 5 and the Xbox Series X, both next-generation game consoles, are released this year, you can expect Call of Duty to get plenty of playtime on the upgraded consoles. EarningsVideo game stocks and other home-entertainment stocks have done well this year as people are staying home during the Covid-19 pandemic. So not surprisingly, Activision-Blizzard stock investors enjoyed the company's first-quarter earnings report.Revenue of $1.52 billion was better analysts' estimates of $1.32 billion. Earnings per share of 76 cents far exceeded estimates of 38 cents per share.Activision said it had more than 400 million monthly active users in the first quarter as people stayed at home during the pandemic. Improved user engagement levels helped the company increase in-game spending by 20% in the quarter, totaling $956 million. That accounts for 63% of the company's business, Activision said.Daniel Alegre, Activision's president and COO, told analysts the company is in a strong position: "We entered the year with strong momentum in some of our biggest franchises, which only increased further through the quarter. Our employees are showing remarkable dedication as they take on the responsibility of delivering the highest-quality content to our expanded communities."In light of the strong first-quarter results, Activision raised its full-year guidance. It's now projecting $2.62 per share in adjusted profit on $6.8 billion in revenue, up from $2.22 per share and $6.45 billion in revenue. The Bottom Line on ActivisionActivision-Blizzard stock is only a few dollars shy of its 2018 all-time high of $83.75, but I'm expecting it to shatter that number soon.The company's gaming franchises -- on mobile devices and gaming consoles -- are incredibly strong. People will stay online and play as long as going outside to socialize remains a threat. And you can expect a renewed surge of gaming interest when Sony and Microsoft unleash their next-gen gaming consoles later this year.Activision-Blizzard stock has an "A" rating in my Portfolio Grader right now, where it's ranked as a strong buy.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Activision-Blizzard Stock Is Blasting Toward All-Time Highs appeared first on InvestorPlace.
(Bloomberg) -- Following scathing reviews of a computer game it released in May, Amazon.com Inc. is delaying its next big-budget game by at least six months. The decision represents another setback for the technology giant’s ambitions to break into the gaming industry.The next game, New World, was supposed to debut in late August but is now scheduled for spring 2021, Rich Lawrence, director of Amazon’s game studio, wrote in a blog post Friday. The company wants extra time to implement changes suggested by players who have been testing the game, he wrote.Delays are fairly common in the video game industry, but this was an important opportunity for Amazon to redeem itself after a recent flop. Amazon is trying to make a name for itself as a maker of big-budget video games that can compete with those from the likes of Activision Blizzard Inc. and Electronic Arts Inc. But Amazon’s Crucible, a free-to-play PC game introduced in May, was panned by critics, prompting Amazon to take the highly unusual step of pulling the game from wide circulation.New World is a massively multiplayer online game where hundreds of players seek to colonize a fictional world filled with supernatural creatures. Customers who tested or pre-ordered the game will still be able to play it for “a period of time” starting Aug. 25, the company said.“We don’t make the decision lightly, and we have urgency about getting the game to you as quickly as possible at the best quality -- with some additions that will make the experience even better,” Lawrence wrote.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Eldorado Resorts, Inc. (NASDAQ: ERI) ("Eldorado" or the "Company") announced that at a meeting today, the Company received approval from the Indiana Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars"), subject to applicable conditions.
LOS ANGELES, July 10, 2020 -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following.
British pound has had a very bullish week, as we continue to see a rally. Every time it looks as if it is going to fall, buyer step in to pick up yet again.