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Africa's $1.8 Billion Gaming Boom: Why Microsoft Can't Ignore Mobile
Wednesday, February 5, 2025 - 10:24am | 533Read More...Africa's gaming industry is exploding, and Microsoft Corp (NASDAQ:MSFT) might want to take notes. A new report from Carry1st and Newzoo shows the continent's gaming revenue hit $1.8 billion in 2024, surging 12.4% year-over-year, according to Techpoint Africa. But here's the kicker—90% of that...
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Is Candy Crush, Fortnite Next On Netflix? Streaming Giant Could Crack Open Popular Titles Following GTA
Wednesday, January 24, 2024 - 3:34am | 744Read More...In the wake of Grand Theft Auto Trilogy’s success on its platform, Netflix Inc. (NASDAQ:NFLX) seems to be considering an expansion into popular gaming titles. What Happened: During the fourth quarter earnings call, the streaming giant's co-CEO Greg Peters revealed that mainstream gaming...
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EXCLUSIVE: Activision Blizzard CFO On Q2 Results, Diablo IV, Microsoft Deal: 'It's All About Focus And Execution, Delivering Great Content'
Tuesday, July 25, 2023 - 3:04pm | 920Read More...One of the biggest storylines for the video game sector continues to be the pending acquisition of Activision Blizzard (NASDAQ: ATVI) by Microsoft Corp (NASDAQ: MSFT), which was announced in January 2022. Benzinga talked with Activision Blizzard CFO Armin Zerza to get an update on the...
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EXCLUSIVE: Activision Blizzard's 'Focused Strategy Is Working,' Mobile Was Largest Segment In Q1 — And 'There's More On The Way'
Thursday, April 27, 2023 - 3:37pm | 1070Read More...Video game giant Activision Blizzard Inc (NASDAQ: ATVI) made lots of headlines Wednesday with shares falling in response to an announcement that its pending acquisition by Microsoft Corporation (NASDAQ: MSFT) was being blocked by regulators in the United Kingdom. As shares sold off Wednesday,...
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33% Upside For Activision Blizzard With Microsoft Deal, 26% Upside Without? 3 Analysts React To Q4 Earnings
Tuesday, February 7, 2023 - 12:16pm | 698Read More...Video game company Activision Blizzard (NASDAQ: ATVI) reported fourth-quarter financial results after the market close Monday. The company broke several records in the quarter thanks to its key franchises. Here’s what analysts are saying after the print. The Activision Blizzard...
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Activision Blizzard Q4 Earnings Highlights: Net Bookings Record, Call Of Duty Performance, Microsoft Deal Update And More
Monday, February 6, 2023 - 5:39pm | 789Read More...Video game giant Activision Blizzard (NASDAQ: ATVI) reported fourth-quarter and full fiscal year financial results after the market close Monday. Here are the key highlights. What Happened: Activision Blizzard reported fourth-quarter GAAP net revenue of $2.33 billion, down from $2.16 billion year-...
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Activision Blizzard Q3 Earnings: Revenue And EPS Beat, Call Of Duty Sales Record, Microsoft Acquisition Update And More
Monday, November 7, 2022 - 5:42pm | 626Read More...Video game company Activision Blizzard (NASDAQ: ATVI) reported third-quarter results after the market close Monday. Here are the key highlights and an update on a pending acquisition of the company by Microsoft Corporation (NASDAQ: MSFT). What Happened: Activision Blizzard reported third-quarter...
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World of Warcraft Franchise Coming To Mobile: What Investors And Gamers Should Know
Wednesday, May 4, 2022 - 4:04pm | 590Read More...A new game is bringing the World of Warcraft franchise to mobile users. Here’s what investors and gamers should know about the Activision Blizzard (NASDAQ: ATVI) announcement. What Happened: Activision Blizzard announced details of the highly anticipated “Warcraft Arclight Rumble...
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Microsoft Analyst Says Acquisition Of Activision Blizzard Is 'A Major Bet On Consumer'
Tuesday, January 18, 2022 - 3:22pm | 557Read More...Microsoft Corporation (NASDAQ: MSFT) announced Tuesday a deal to buy Activision Blizzard Inc (NASDAQ: ATVI) for $95 per share in cash, valuing the game developer at $68.7 billion. An analyst at Wedbush broke down the deal dynamics, and how it will impact Redmond's business. The...
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Zynga Acquired By Take-Two: What's Next For The World Of Mobile Gaming
Monday, January 10, 2022 - 10:24am | 1071Read More...Mobile game company Zynga (NASDAQ: ZNGA) is being acquired by Take-Two Interactive Software (NASDAQ: TTWO) in a move to combine two gaming companies. Here’s what investors should know and what could be ahead for the gaming sector. What Happened: Take-Two is acquiring Zynga at an enterprise...
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Will Video Games Continue Growth, Even Against Tough Comps?
Friday, July 30, 2021 - 8:21am | 565Read More...One of the sectors to see massive growth during the COVID-19 pandemic was video games. The strong year-over-year increase in spending in the sector created optimism for many companies but also created some tough comparable sales. Strong second-quarter growth in the sector could show that the strong...
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Activision Blizzard Has Yellow Brick Road With Key Franchises Launching As Mobile Games
Wednesday, May 5, 2021 - 2:15pm | 712Read More...Analysts react to the first-quarter earnings from Activision Blizzard (NASDAQ: ATVI) on Tuesday night. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok reiterates an Outperform rating and $120 price target. KeyBanc analyst Tyler Parker reiterates an Overweight rating and ...
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'Call Of Duty', 'Candy Crush' Help Activision Blizzard Hit Record Numbers In Q1
Tuesday, May 4, 2021 - 5:35pm | 421Read More...Activision Blizzard Inc (NASDAQ: ATVI) reported revenue of $2.28 billion in the first quarter, coming in higher than last year’s $1.79 billion and also beating the company’s guidance of $2.02 billion. The company reported non-GAAP eps of 98 cents in the quarter. Digital revenue was...
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Activision Blizzard Rallies On Strong Q4 Report, 2021 Guidance
Thursday, February 4, 2021 - 5:45pm | 428Read More...Video game maker Activision Blizzard reported fourth-quarter and full-year earnings after the market close Thursday. What Happened: Fourth-quarter revenue was $3.05 billion for Activision Blizzard Inc (NASDAQ: ATVI). The figure beat street estimates of $2.83 billion. Fourth-quarter EPS of $1....
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Stock Wars: Activision Blizzard Vs. Electronic Arts Vs. Take-Two
Wednesday, September 30, 2020 - 8:01am | 1093Read More...Three of the largest video game companies have shown impressive five-year runs of their share prices. New console releases from Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) will make their debut in fall 2020. Today’s Stock Wars looks at...
















