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Reddit, GameStop, Take-Two Interactive, Applied Materials, Tesla On Investors' Radars As Dow Hits Historic 40K Milestone
Thursday, May 16, 2024 - 11:06pm | 786On Thursday, the Dow Jones Industrial Average achieved a historic milestone by surpassing 40,000 points. This was the thirteenth positive session out of the last fifteen for blue-chip stocks, continuing the bull market that started in October and resulting in a 24% rally. By the end of Thursday...
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Microsoft's Acquisition Ambitions Exposed: Why Did Xbox Want To Buy SEGA?
Tuesday, June 27, 2023 - 4:54pm | 417Newly revealed evidence in the ongoing legal battle between the Federal Trade Commission (FTC) and Microsoft Corp.'s (NASDAQ: MSFT) acquisition of Activision Blizzard Inc (NASDAQ: ATVI) shed some light on the tech giant's strategy. Internal documents revealed Xbox's...
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Is GTA 6 On Track To Become The Most Expensive Video Game Ever Produced?
Tuesday, May 9, 2023 - 2:27pm | 623Take-Two Interactive Software, Inc.'s (NASDAQ: TTWO) Rockstar Games, the developers behind the wildly popular Grand Theft Auto (GTA) franchise, are currently working on the eighth main installment in the series, GTA 6, and it could potentially be the most expensive video game ever made....
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'Grand Theft Auto' Parent Take-Two Interactive Confirms Layoffs: Non-Development Jobs In Jeopardy
Wednesday, March 8, 2023 - 12:50pm | 515Video game company Take-Two Interactive (NASDAQ: TTWO) is cutting staff. The parent company of well-known game developers such as Rockstar Games, 2K Games, Private Division and Zynga confirmed the layoffs to Bloomberg News. Spokesman Alan Lewis says the cuts "will better align our organization...
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7 Lessons That 25-Year-Old Corporate Superstar Cole Clark Says Accelerated His Career
Thursday, November 17, 2022 - 7:52pm | 1140Graduates are often faced with the same problem. In short, regular 9-to-5 jobs may appear as a hindrance to personal growth and fulfillment, says 25-year-old, New York-based executive Cole Clark. “It breaks my heart when kids, fresh out of college, see 9-to-5 jobs as bad,” he says....
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Another Big Earnings Week Ahead
Tuesday, August 3, 2021 - 10:27am | 1477After a monumental week of Big Tech earnings, we're in for more than a quarter of S&P 500 companies' reports, including those from Alibaba (NYSE: BABA), General Motors (NYSE: GM), and Kraft Heinz (NASDAQ: KHC). Economic reports are also due including updates on construction spending,...
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Benzinga's Weekly Bulls & Bears: AbbVie, Kinder Morgan, Paypal, Starbucks, Wynn And More
Sunday, February 4, 2018 - 2:28pm | 765Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a top biotech, an online payment company and an energy infrastructure giant. Bearish calls included a leading coffee chain, REITs and a hotel operator in the news. Volatility came...
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E3 2015: Will EA, Activision Or Take-Two Impress Investors?
Tuesday, June 16, 2015 - 7:22am | 911Electronic Arts Inc. (NASDAQ: EA), Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) are some of the biggest publishers heading to the 2015 Electronic Entertainment Expo. All three companies closed down on Monday -- should investors be worried, or are...
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Credit Suisse Raises Take-Two Interactive Price Target Ahead Of Q3 Print
Monday, January 26, 2015 - 9:18am | 164Take-Two Interactive Software, Inc. (NASDAQ: TTWO) is scheduled to report its third quarter 2015 results on February 3. Stephen Ju of Credit Suisse on Monday wrote in a note the company is expected to report an adjusted earnings per share of $1.43 on revenue of $752.6 million and an adjusted...
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Brean Capital Previews Video Game Publishers: Electronic Arts, Take-Two Interactive And Activision Blizzard
Monday, October 27, 2014 - 11:28am | 605Todd Mitchell of Brean Capital previewed the major video game publishers, including Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NYSE: EA) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) ahead of third quarter results. Industry Wide View Positive Mitchell believes...
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Markets Slightly Lower As Bullard Hints Higher Rates Could Come Sooner Than Expected
Thursday, June 26, 2014 - 4:34pm | 2399U.S. stocks were little changed as investors digested comments coming from head of the Federal Reserve Bank of St. Louis. The Fed's Jim Bullard said that the 2.9 percent decline in the first quarter GDP is “giving me heartburn.” Bullard added that the worse than expected figure...
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Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
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Take-Two Interactive Earnings Preview: Analysts Expect Grand Theft Auto To Drive Earnings
Tuesday, May 13, 2014 - 2:15pm | 639Take-Two Interactive Software (NASDAQ: TTWO) will report its fourth quarter results after market close on Tuesday. Analysts are expecting the video game developer and publisher to earn $0.10 per share on revenue of $201.51 million. Take-Two reported blowout third quarter earnings on February 3,...
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Analysts Almost Unanimously Bullish On Candy Crush Maker
Tuesday, May 6, 2014 - 5:03pm | 1509King Digital Entertainment (NASDAQ: KING) on February 18 filed for a $500 million IPO on the New York Stock Exchange. King is best known for its extremely addicting Candy Crush app. King saw its net profit surge to $567.6 million in 2013 from $7.9 million in 2012. The company derived most of...
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Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...