-
GameStop Cash Pile Expands 3.4% In Q4 Amid Bitcoin Buying Report: Analyst Says Stock Could Drop If Valued As A BTC Treasury Like Michael Saylor's MSTR
Wednesday, March 26, 2025 - 8:03am | 769Read More...GameStop Corp. (NYSE:GME) reported a 3.44% increase in its cash holdings during the fourth quarter. It reported a mixed quarter and announced that its board has unanimously agreed to add Bitcoin (CRYPTO: BTC) as a treasury reserve asset. What Happened: GameStop reported cash, cash equivalents, and...
-
Xbox To Launch Credit Card Partnering With Mastercard, Barclays: Xbox Users To Get Jump Start
Monday, September 11, 2023 - 6:36pm | 565Read More...Microsoft Corp. (NASDAQ: MSFT) announced the launch of Xbox credit card in partnership with Mastercard Inc (NYSE: MA). The Xbox Mastercard will be issued by Barclays (NYSE: BCS) with no annual fees but with many benefits for U.S. Xbox users, who will be able to use the...
-
Teen Uses Mom's Card To Go On Wild Spending Spree On Mobile Games. Now Her Family's Life Savings Is Gone.
Saturday, June 10, 2023 - 5:11pm | 411Read More...A 13-year-old girl in China spent her family's life savings, approximately $64,000, on pay-to-play mobile video games. According to Insider, the teen's mother, Gong Yiwang, was taken by surprise when she received a phone call from the school informing her about her daughter's...
-
Tony Hawk Turned Down An 'Unreal' Check For A Skateboarding Game In The '90s: How The 'Gamble' Paid Off
Tuesday, April 25, 2023 - 2:55pm | 517Read More...Legendary skateboarder Tony Hawk turned down a $500,000 buyout for a skateboarding video game in the late 1990s. The game ended up generating more than $1 billion in sales and the pro skateboarder raked in royalties for 16 years. Letting It Ride: Activision, now Activision...
-
'Grand Theft Auto VI' Leak Has Take-Two Interactive Stock Seeing Red: What's Next?
Monday, September 19, 2022 - 3:00pm | 506Read More...When a company's computer systems are compromised, it is not surprising there is going to be a negative impact on its share price, though the price action following such an announcement can vary. The above scenario applies to Take-Two Interactive Software (NASDAQ: TTWO), which is the...
-
The Madden Cover Curse: What Happened To These 12 Players?
Wednesday, June 1, 2022 - 5:38pm | 1426Read More...John Madden is one of the most well-known figures in the NFL. He was a coach and an iconic commentator whose likeness has been used in the legendary Electronic Arts Inc. (NASDAQ: EA) video game Madden NFL for almost 33 years. A little background: Madden was an exceptionally gifted...
-
Skillz Stock Nears The End Of A Wedge Pattern: What's Next?
Friday, October 22, 2021 - 11:44am | 373Read More...Skillz Inc (NYSE: SKLZ) shares are trading higher Friday possibly because Cathie Wood’s ARK Invest purchased more of the stock. The stock was trending throughout the day on social media sites such as StockTwits. Skillz was up 2.82% at $10.22 at last check Friday morning. ...
-
Why Elon Musk Thinks Epic Is Right In Its Fight Against Apple
Friday, July 30, 2021 - 5:42pm | 503Read More...Apple Inc (NASDAQ: AAPL) is locked in a legal battle with video game developer Epic over the former's restrictive practices in its App Store and the 30% commission its charges for each purchase made on its App Store. Musk Leaps to Epic's Defence: Tesla Inc.'s (NASDAQ:...
-
GameStop's Stock Price Is Still 'Very Detached From Fundamentals'
Friday, March 12, 2021 - 1:55pm | 387Read More...Shares of GameStop Corp. (NYSE: GME) remain "very detached from fundamentals" and the latest data from NPD isn't offering any support for the stock. The GameStop Analyst: Curtis Nagle maintains an Underperform rating on GameStop's stock with a $10 price target. The GameStop...
-
Zynga CEO Says Shift To Multi-Platform Strategy Is 'Easier Than It Has Ever Been'
Monday, March 8, 2021 - 3:17pm | 362Read More...Video game maker Zynga Inc (NASDAQ: ZNGA) acquired the cross-platform game studio company Echtra Games because the industry is heading in a clear direction where the top games are playable on mobile devices, consoles and PCs, Zynga CEO Frank Gibeau said on CNBC. What Happened: Many of the...
-
Activision Investors Applaud Q4 Report: What The Street Is Saying
Friday, February 5, 2021 - 5:14pm | 784Read More...Video game maker Activision Blizzard, Inc. (NASDAQ: ATVI) reported fourth-quarter results Thursday that lifted shares to a new 52-week high, while four Street analysts see further upside ahead. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok maintains an...
-
Telsey Downgrades GameStop, Expects Shares To Return To A 'More Normal' Valuation
Monday, January 25, 2021 - 12:24pm | 328Read More...Shares of GameStop Corp. (NYSE: GME) soared nearly 1,000% since Telsey Advisory Group upgraded the stock in September and the run "far exceeds our high fundamental expectations." The GameStop Analyst: Joseph Feldman downgraded GameStop from Outperform to Underperform with a price...
-
With Live Sports On Hold, Esports Continue Stepping Up To The Plate
Monday, April 20, 2020 - 7:45am | 658Read More...Most live sporting events have been on hold for the past month, and there’s no sign sports will be returning any time soon. In the absence of sports, leagues and their partners are turning to the virtual world to reach sports fans and even build their audience for when live sports eventually...
-
GameStop Gets A Boost From Michael Burry
Thursday, August 22, 2019 - 9:24am | 394Read More...Shares of GameStop Corp. (NYSE: GME) have lost more than 70% year to date amid growing concerns the market for video game retailers will continue to fall. However, at least one notable investor is optimistic about the company's outlook. What Happened Hedge fund manager Dr. Michael Burry,...
-
Pro: Why The Video Game ETF Isn't Very Popular
Saturday, September 29, 2018 - 9:44am | 409Read More...Video game exchange traded fund ETFMG Video Game Tech ETF (NYSE: GAMR) is among the most underrated ETFs — an undeserved distinction, according to Bloomberg's Eric Balchunas. What Happened A disconnect exists between the $130-million market cap of the video game ETF and the $130-billion...
















