gaming

Take-Two Interactive Software, Inc’s (NASDAQ: TTWO) intention to acquire FarmVille developer Zynga Inc (NASDAQ: ZNGA) is likely to “help smooth earnings variability while offering compelling synergy opportunities,” according to BMO Capital Markets. The Take-Two Interactive...

Las Vegas, Nevada, and Macau, China, are two of the largest global casino gambling hubs. Both gaming destinations took big hits during the COVID-19 pandemic, but the latest gross gaming revenue numbers suggest the Vegas recovery continues to outshine struggling Macau. The Numbers: Many Americans...

In a collaboration with cryptocurrency market data platform CoinStats, Benzinga gained insight into which cryptocurrencies saw the best price-performance in 2021 — with results that could be surprising to most. What Happened: Data shared with Benzinga shows some of the top five...

The public markets saw a record number of IPOs and capital raised in 2021. Around 1,500 companies went public via traditional IPO, direct listing or via SPAC merger. Public listings in 2021 raised over $490 billion. Here is a look at the five best-performing IPOs of 2021. (The worst-...

Another state legalized sports betting and it could be one of the largest markets nationwide. Here’s a look at what legalization for Ohio looks like and what companies could benefit from the recently passed legislation. What Happened: Ohio legalized sports betting last week, a move that...

Tesla Inc (NASDAQ: TSLA) is caught in the crossfire of regulators yet again. What Happened: A formal safety probe into 580,000 Tesla Models 3, X, S and Y sold since 2017 has been initiated by the National Highway Traffic Safety Administration (NHTSA), Reuters reported. The probe is...

Roblox Corporation (NYSE: RBLX) is up more than 7% today on heavy options volume to end the week. The stock recently got a boost from Needham initiating coverage, giving it a Buy rating and a $136 price target. What Happened: Combine the buy rating and a price target 36% higher and option traders...

The popular video game Minecraft reached a significant gaming milestone Wednesday that led to a celebration across one of the biggest media platforms in the world. What Happened: YouTube, a unit of Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL), celebrated Minecraft passing one trillion views...

Following two years of headwinds, Macau stocks are likely to outperform in 2022, and Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) is poised to benefit from the easing of travel restrictions and license renewals, according to Morgan Stanley. The Melco Resorts & Entertainment Analyst:...

The U.S. Department of Justice is focusing on Apple Inc.’s (NASDAQ: AAPL) treatment of gaming firm Roblox Corp. (NYSE: RBLX) as part of its investigation of the tech giant for antitrust issues, according to a report by the Information (via Reuters.) What Happened: Prosecutors are looking for...

Las Vegas, Nevada, and Macau, China, are two of the largest global casino gambling hubs. Both gaming destinations took big hits during the COVID-19 pandemic, but the latest gross gaming revenue numbers suggest Vegas is bouncing back strong while Macau is still struggling. The Numbers: Many...

Draftkings Inc (NASDAQ: DKNG) has been in free fall over the last three months, trading down by nearly 50% since the beginning of September.  Short seller Jim Chanos added some fuel to the DraftKings fire when he announced that he has been short the stock for "...

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 32.3%. But there is no question some big-name stocks performed better than others along the way. Sony’s Big...

Users of some Apple Inc (NASDAQ: NFLX) devices got a taste of Neftflix Inc (NASDAQ: NFLX) gaming last week — but in a move termed “surprising” by journalist Mark Gurman, the streaming giant has cozied up to the iPhone maker. What Happened: Gurman said that Netflix is allowing its...

Jason Citron, the founder and CEO of Discord — a messaging service aimed at gamers that also saw significant adoption among crypto proponents — decided to drop plans to integrate non-fungible tokens (NFTs) into its software following backlash among its users. What Happened: ...