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Tencent Passes Alibaba As Most Valuable Chinese Company: Here's Why
Thursday, November 5, 2020 - 1:41pm | 409Tencent Holding (Pink: TCEHY) shares hit new 52-week highs Thursday, while Alibaba Group (NYSE: BABA) shares continued to fall after the suspended Ant Group IPO, which led to a shift in leadership for the most valuable Chinese company. Roundhill Investments Co-Founder Will Hershey pointed...
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Why Sea Limited Is Up 240% This Year And Worth More Than Activision, Nintendo
Monday, September 14, 2020 - 6:45am | 644Singapore tech company Sea Limited (NYSE: SE) has seen its shares surge in 2020 thanks to its dominant position in video games and growing e-commerce business. About Sea Limited: Sea Limited operates with three main business segments. Garena is a developer of games and an esports organizer. Shopee...
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Analyst: Headset Maker Turtle Beach Continues To Benefit From 'Fortnite,' Battle Royale Gaming
Wednesday, November 28, 2018 - 2:57pm | 436The rise of battle royale and online gaming are significant catalysts for companies like Turtle Beach Corp. (NASDAQ: HEAR), which supplies gaming headphones and accessories. The Analyst D.A. Davidson analyst Tom Forte reiterated a Buy rating on Turtle Beach with a $30 price target. The...
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Chart: Top 12 Video Games For The Holiday Season
Monday, October 22, 2018 - 12:06pm | 460The video game industry is becoming one of the most lucrative in the entertainment space, reporting a market value in the U.S. alone exceeding $19 million in 2018. This value is up $5 million since 2012, and is expected to break the $20 million threshold by 2020, according to Statista. Video game...
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Funko Shares Plunge To New Lows — But Why?
Wednesday, September 12, 2018 - 2:32pm | 457The imminent launch of "Call of Duty: Black Ops 4" brings another contender to the exceedingly popular battle royale gaming space. In light of the recent beta release, "Call of Duty" creator Activision Blizzard, Inc. (NASDAQ: ATVI) has received abundant favorable reviews...
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DA Davidson: Turtle Beach Winning On Secular Shift In Gaming Trends
Tuesday, August 28, 2018 - 1:23pm | 418Investor meetings between D.A. Davidson and the management of headset maker Turtle Beach Corp. (NASDAQ: HEAR) led the sell-side firm to double down on its bullish stance on the stock Tuesday. The Analyst Analyst Tom Forte reiterated a Buy rating on Turtle Beach with a $38 price target....
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4 Reasons Why 'Fortnite' Has Won Over Gamers
Sunday, April 22, 2018 - 4:02pm | 667The battle royale is underway the gaming world, and it could spell big business for the companies providing the hardware. The explosive popularity of Epic Games’ “Fortnite” has Loup Ventures managing partner Gene Munster predicting it will leave a lasting mark on the video game...
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Forget Crypto: eSports Might Be Where It's At For Nvidia And AMD
Wednesday, April 11, 2018 - 1:05pm | 428Cryptocurrency has grabbed headlines in the semiconductor world in the past year, as demand for GPUs from miners created a shortage in the market and prompted retailers to drive prices through the roof. Semiconductor stocks like Advanced Micro Devices, Inc. (NASDAQ: AMD) and NVIDIA Corporation (...