Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if — Read more
Tag: ATVI
Dow down by more than 450 points as Fed officials point to more rate hikes, China protests rattle markets
U.S. stocks tumbled on Monday as protests in China raised the risks to global growth and Federal Reserve policy makers said more interest-rate increases are needed to control inflation. How Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
The end of the pandemic earnings boom is in sight as holiday forecasts disappoint
Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
Videogame sales heading for decline in U.S., but one analyst sees a 2023 rebound
Videogames are heading for a U.S. sales decline in 2022, but a looming recession and new releases could turbocharge a rebound in 2023, according to one analyst. Stifel analyst Drew Read more
Electronic Arts surges 14% on report of sale to Amazon
Shares of Electronic Arts Inc. EA, +1.59% soared 14% in premarket trading on Friday following reports that Amazon.com Inc. AMZN, +2.60% is planning to announce a deal to buy the Read more
Activision Blizzard reports higher-than-expected sales as Microsoft close awaited
Activision Blizzard Inc. shares ticked higher in the extended session Monday after the videogame publisher released better-than-expected revenue as sales dropped for a third straight quarter. Activision Blizzard ATVI, -0.77% Read more
Activison stock upgraded on ‘increasingly compelling’ merger-arbitrage opportunity
Activision Blizzard Inc. shares trade about 17% below Microsoft Corp.’s agreed-upon takeover price for the company amid concerns that regulators could block the combination, but one analyst sees opportunity in Read more