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GameStop Shares Rally On Holiday Sales, Board Reshuffle
Monday, January 11, 2021 - 4:47pm | 380Read More...Gaming retailer GameStop Corp. (NYSE: GME) saw a rally Monday on its holiday sales and changes to the Board of Directors. Holiday Sales: The nine-week holiday season saw revenue of $1.77 billion for GameStop, down 3.1% year-over-year. Same-store sales were up 4.8% over the nine-week period coming...
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PS5 A Major Catalyst For This Small Cap Video Game Stock; Could Xbox Be Next?
Friday, January 8, 2021 - 7:45am | 679Read More...Small cap Immersion Corporation (NASDAQ: IMMR) is rising as its haptic technology could be added to a second major gaming console after its success with another. What Happened: Immersion has a royalty deal with Sony Corporation (NYSE: SNE). The deal allows the company to...
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Nintendo Executives Laughed When Microsoft Tried To Acquire Gaming Company: Report
Thursday, January 7, 2021 - 5:17pm | 551Read More...The Xbox gaming console is the subject of a Bloomberg piece titled “Xbox: The oral history and an American video game empire” that explores Microsoft Corporation's (NASDAQ: MSFT) decision to get into gaming — and some failed acquisitions. What Happened: Before...
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6 Video Games Stocks To Watch In 2021
Tuesday, January 5, 2021 - 3:31pm | 782Read More...The video game industry saw major developments in 2020 with the release of new consoles from Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE). The sector also got attention as a winner due to the number of people who were at home during the pandemic. Here’s a...
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Ikea Has A PlayStation 5 Prop To Help You Select The Right Cabinet For Your 'Meme-ishly Oversized' Gaming Console
Tuesday, January 5, 2021 - 2:44am | 405Read More...The gigantic sizes of Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation’s (NYSE: SNE) video game consoles means putting them upright on a shelf is a challenge — but worry not Ikea has found a novel workaround. What Happened: The Swedish lifestyle giant has placed mock...
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PlayStation 5 Supply Drought Over? Sony Begins Taking Pre-Orders In India
Monday, January 4, 2021 - 6:02am | 419Read More...Sony Corporation (NYSE: SNE) said its newest PlayStation 5 console would be available in India in early February. What Happened: Sony’s India unit announced on Twitter that the consoles can be pre-ordered beginning Jan. 12 at retailers such as Amazon.com, Inc (NASDAQ: AMZN), Walmart Inc (NYSE...
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StockX Raises $275M; The 'Stock Market Of Things' Now Valued At $2.8B
Wednesday, December 16, 2020 - 8:55am | 550Read More...StockX, the "stock market of things," raised $275 million in a new Series E funding round. What To Know: StockX raised $275 million at a valuation of $2.8 billion in a funding round led by Tiger Global. The company was valued at $1 billion in June 2019. This marks the largest VC funding...
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How Walmart Ensures Real People, Not 'Grinch Bots,' Buy PlayStation 5, Xbox
Wednesday, December 16, 2020 - 12:39am | 538Read More...Walmart Inc (NYSE: WMT) is in a battle with what it calls “Grinch Bots” who are out to snag this year’s hottest items including the latest PlayStation 5 and Xbox consoles. What Happened: The retailer's Chief Information Security Officer Jerry Geisler on Tuesday...
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PlayStation 5, Xbox Units Unexpectedly Arrived At GameStop Stores. Of Course, Chaos Ensued
Monday, December 14, 2020 - 11:08pm | 554Read More...Restocking of Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) PlayStation 5 and latest Xbox consoles left Gamestop Corporation’s (NYSE: GME) employees surprised, Bloomberg reported Monday. What Happened: The employees were given little notice of the...
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PlayStation 5, Xbox Seekers Are Losing Out To 'Scalper Bot' On Walmart, Facebook Marketplace
Wednesday, December 9, 2020 - 4:56am | 519Read More...Resellers are deploying “scalper bots” to snag the latest video game consoles made by Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) from online stores, Reuters reported Tuesday. What Happened: The scalper bots buy the products online only to relist them for...
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Microsoft's 'Halo Infinite' Coming In Fall 2021
Wednesday, December 9, 2020 - 3:03am | 388Read More...Microsoft Corporation's (NASDAQ: MSFT) next game from the iconic Halo franchise, "Halo Infinite," is coming in fall 2021, developer 343 Industries said in a blog post. What Happened: Halo Infinite was originally supposed to launch alongside the Xbox Series X and Series...
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GameStop Reports Mixed Q3 Earnings, More Store Closures
Tuesday, December 8, 2020 - 4:35pm | 490Read More...The leading video game retailer reported third-quarter earnings after the market closed Tuesday. What Happened: GameStop Corp (NYSE: GME) reported third-quarter sales of $1 billion, which came in below consensus estimates of $1.08 billion. The company’s adjusted earnings per...
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PlayStation 5 Is So Hard To Get, People Are Robbing Moving Delivery Trucks
Monday, December 7, 2020 - 5:01pm | 309Read More...Like something straight out of “The Fast and The Furious” movie franchise, thieves are targeting moving delivery trucks to steal PlayStation 5s. What Happened: The Times is reporting gangs in the United States have increased the “rollover” technique used to steal items like...
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The Street Price PlayStation 5, Xbox Series X Are Really Selling At, As Per The Verge
Monday, December 7, 2020 - 3:01am | 512Read More...PlayStation 5 and the latest Xbox consoles are fetching a premium on resale on eBay Inc (NASDAQ: EBAY), in excess of double their retail price, according to the Verge columnist Sean Hollister. What Happened: Hollister said he averaged the final sales price of a hundred PS5s — which...
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PlayStation 5, Xbox Supply Crunch Leads To 10% Decline In Digital Games' Sales Over Black Friday Weekend
Thursday, December 3, 2020 - 1:20am | 496Read More...Supply woes faced by Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE), which have led to a scarcity of their newly launched consoles tanked sales of digital games, by 10% in the period between Black Friday and Cyber Monday, according to game research provider SuperData. What...
