video games

The competition between Intel Corporation (NASDAQ: INTC)-Advanced Micro Devices, Inc. (NASDAQ: AMD) couldn't be any more heated.  'Nothing's Changed'  Intel's i9 9900K, which was dubbed the fastest gaming CPU when it was introduced in May 2017, is still the best...

China-based Tencent Holdings (OTC: TCEHY) reported better-than-expected second-quarter earnings Wednesday, and analysts are predicting the company's valuation will pass the $500-billion mark for the first time since early 2018. What Happened Tencent's revenue growth in the first quarter was...

Two separate reports from British think tank TaxWatch UK allege the video game companies behind "Candy Crush" and "Grand Theft Auto" should be paying more in taxes in Great Britain. The think tank accuses Activision Blizzard, Inc. (NASDAQ: ATVI), an American company based in...

Glu Mobile Inc. (NASDAQ: GLUU) reported second-quarter Thursday results that were broadly in-line with expectations and reduced its guidance for the full year. Although the company’s 2019 has been impacted by a delay in the release of "Sorcerer’s Arena" by Walt Disney Co...

After the success of the Fortnite World Cup Finals in New York over the weekend, D.A. Davidson said the battle royale game franchise is "alive and well. The event is a positive data point for the emergence of esports, analyst Tom Forte said in a Monday note.  The analyst said he...

DouYu International (NASDAQ: DOYU) has filed for offering 67.387 million American Depository Shares, representing 6.739 million ordinary shares in an IPO, to be priced between $11.50 and $14, according to the amended registration statement filed with the SEC. Of the 67.387 million ADSs, 44.925...

Shares of Nintendo Ltd/ADR (OTC: NTDOY) were on the rise again Thursday after an upgrade from Wedbush following the company’s announcement of the handheld Nintendo Switch Lite. The Analyst Michael Pachter upgraded Nintendo from Neutral to Outperform and boosted the target price for the Tokyo-...

After closing last week on a down note, video game stocks such as Electronic Arts (NASDAQ: EA), Activision Blizzard (NASDAQ: ATVI) and Take-Two Interactive (NASDAQ: TTWO) are seeing downward pressure in Monday's session. Why The Move? Needham’s analyst Laura Martin told Benzinga the...

Initial positive reaction to Electronic Arts Inc. (NASDAQ: EA)'s "Apex Legends" season 2 previews should in part give investors confidence in the video game maker's ability to beat earnings and its own guidance in fiscal 2020, according to BMO Capital Markets. The Analyst BMO'...

Turtle Beach Corp (NASDAQ: HEAR) has signed deals with first-round NBA draft picks PJ Washington and Kevin Porter Jr. The San Diego-based video game headset manufacturer announced the deal Tuesday, and the draft picks will join Josh Hart of the New Orleans Pelicans in creating content that...

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has some of the most popular franchises in video games and more likely hits in the pipeline, SunTrust Robinson Humphrey said in Thursday with a Buy recommendation. The Analyst SunTrust analyst Matthew Thornton initiated coverage of Take-Two with a...

Another exchange traded fund dedicated to the fast-growing video game industry is here. As was previously noted in this space, the Defiance Future Tech ETF was to be replaced by the Defiance Next Gen Video Gaming ETF (NYSE: VIDG). VIDG made its debut on Monday. What Happened The new VIDG tracks the...

Sales of traditional console-based video games were down 17% in May from a year ago, as gamers continue to shift to free-to-play games, mobile offerings and a couple of traditional games had lackluster debuts. Data on U.S. gaming console/handheld software sales for May came in at $141 million...

Video Gaming’s largest and most exciting trade conference, The Electronic Entertainment Expo (or E3 as it’s more commonly called) just wrapped up its 2019 showcase. On its heels, Canadian ETF provider Evolve ETFs has launched Canada’s first ever e-gaming and esports ETF, which...

Morgan Stanley came away from the Electronics Entertainment Expo video game trade show in Los Angeles with a better understanding of the details of some of the key releases coming up this year and what they might mean for the industry.  The Analyst Brian Nowak had six takeaways for video...