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Skillz Raises Guidance After 92% Revenue Growth, 21st Consecutive Quarter YoY Growth
Tuesday, May 4, 2021 - 5:13pm | 344Read More...Mobile esports company Skillz (NYSE: SKLZ) reported first-quarter financial results after market close Tuesday. What Happened: In the first quarter, Skillz reported revenue of $83.7 million, up 92% year-over-year and beat estimates of $78.6 million. Skillz said this was the 21st...
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Microsoft To Pay Higher Share Of Revenue To PC Game Makers As Rivals Apple, Google Face Antitrust Scrutiny
Friday, April 30, 2021 - 2:25am | 496Read More...Microsoft Corp. (NASDAQ: MSFT) has updated its store terms so that PC game developers will receive a larger revenue share from the sale of games through its app store. What Happened: Microsoft said that from August 1, the developer share of Microsoft Store PC games sales revenue will increase to 88...
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PlayStation 5 To Launch Next Month In China — A Tricky Market For Gaming Consoles
Thursday, April 29, 2021 - 2:06am | 613Read More...Sony Group Corp.’s (NYSE: SONY) next-gen gaming console, the PlayStation 5, will launch in Mainland China on May 15 this year, Niko Partners analyst Daniel Ahmad said Wednesday. What Happened: Ahmad said on Twitter that the disc version of PlayStation will be priced at RMB 3,899 ($612)...
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11 Emerging Companies that Could Benefit from the Growth of Esports and Gaming
Wednesday, April 28, 2021 - 7:34pm | 1072Read More...As 2021 continues, some of the biggest trends of last year are also continuing, including the huge growth of esports and video games. According to research firm Newzoo, the global esports market will generate over $1 billion in revenue this year, and nearly 475 million people will be involved...
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Why Cathie Wood Is Bullish On Skillz
Monday, April 26, 2021 - 2:48am | 539Read More...Cathie Wood-led Ark Investment Management believes the mobile gaming company Skillz Inc (NYSE: SKLZ) has been a victim of misunderstanding after recent short-seller allegations against the company related to its revenue recognition practices and its NFL partnership. What Happened: Skillz shares...
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Cathie Wood Adds More Coinbase, Skillz, Trims Square
Sunday, April 25, 2021 - 10:33pm | 826Read More...Cathie Wood-led Ark Investment Management on Friday snapped up another 221,167 shares of the cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) worth about $64.49 million on the stock’s Friday’s dip and also its fourth-straight loss. The investment firm’s Ark Innovation...
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Cathie Wood's Ark Loads Up Another 1.2 Million Shares In Skillz, Also Adds Coinbase, DraftKings
Friday, April 23, 2021 - 3:01am | 1024Read More...Cathie Wood-led Ark Investment Management on Thursday snapped up 1.2 million shares of the mobile gaming company Skillz Inc (NYSE: SKLZ), its biggest trade of the day among a total of two dozen stocks that it bought and sold during the day. The investment firm deployed the Ark Innovation ETF (NYSE...
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What Went Down With Skillz Stock Today?
Thursday, April 22, 2021 - 11:06pm | 399Read More...Skillz Inc (NYSE: SKLZ) shares spiked over 7.2% in after-hours trading on Thursday. What Happened: On Wednesday, Cathie Wood’s ARK Investment Management LLC purchased 4,014,903 Skillz shares — valued at nearly $66.53 million at Thursday’s closing price — for the Ark...
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How 'Call Of Duty: Warzone' Blowing Up Verdansk Map Can Help Activision Blizzard Strengthen Position In Battle Royale Market
Thursday, April 22, 2021 - 4:00am | 411Read More...Millions of players have spent countless hours playing "Call of Duty: Warzone" on the game’s flagship map, Verdansk. Today, nukes and zombies hit Verdansk, and the game will be forever changed, as noted by Polygon. Throughout the COVID-19 pandemic, online video games have seen a...
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Cathie Wood Loads Up On DraftKings, Coinbase, Palantir, Sells Nvidia, Square
Wednesday, April 21, 2021 - 3:29am | 1193Read More...Cathie Wood-led Ark Investment Management on Tuesday snapped up another 236,348 shares of cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN). Coinbase has been in a free-fall mode since its blockbuster listing last Wednesday. Shares closed 3.66% lower at $320.82 on Tuesday,...
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Discord Sets Aside Microsoft's Acquisition Bid In Favor Of IPO Plan Revival: WSJ
Wednesday, April 21, 2021 - 12:10am | 499Read More...Messaging platform Discord Inc has ended acquisition talks with Microsoft Inc (NASDAQ: MSFT) as it plans to stay independent and chase a potential initial public offering, The Wall Street Journal reported on Tuesday. What Happened: Microsoft was in advanced talks to buy the fast-growing gaming...
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Enthusiast Gaming To Uplist To Nasdaq: What Investors Should Know
Thursday, April 15, 2021 - 5:08pm | 762Read More...One of the largest esports gaming companies in the world is closing in on uplisting to a major exchange in the U.S. Nasdaq Uplisting: Enthusiast Gaming Holdings Inc (OTC: ENGMF) currently trades in Canada and as an OTC stock in the U.S. Plans to uplist on the Nasdaq were filed Thursday morning....
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Exclusive: Esports Entertainment Group Launches Crypto Mining Application For Idle Gaming Computers
Thursday, April 15, 2021 - 8:14am | 333Read More...The eSports and online gambling company Esports Entertainment Group Inc (NASDAQ: GMBL) announced a new cryptocurrency-related platform Thursday. What Happened: ggCircuit, a company being acquired by Esports Entertainment Group, is planning to launch its ggFuze distributor computing platform...
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Apple Brings 'Timeless Classics' To Arcade As It Looks To Boost Gaming Subscriptions
Sunday, April 4, 2021 - 11:37pm | 518Read More...Apple Inc. (NASDAQ: AAPL) has expanded its gaming subscription service Apple Arcade by introducing two new game categories and adding more than 30 new games. Apple Arcade now has more than 180 games in its catalog. What Happened: Apple said it has introduced two new game categories –...
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Denver Broncos Tag Esports Entertainment For Multi-Year Partnership
Thursday, March 25, 2021 - 12:13pm | 510Read More...Esports Entertainment Group Inc (NASDAQ: GMBL) signed a multi-year deal with the Denver Broncos on Thursday as the franchise's esports tournament club provider. What Happened: The latest in a string of NFL franchises to sign with eGaming companies, Esports Entertainment has ...
