eSports

For the first time ever, a National Hockey League is valued at $2 billion in the annual valuation rankings from Forbes. Here’s what the valuation estimate and recent acquisition activity in the space could mean for the owner of the Rangers, which is publicly traded. What Happened: The average...

A leading lifestyle and media company operating in the video game and esports space announced a cryptocurrency and NFT partnership Tuesday. What Happened: FaZe Clan announced a multi-year partnership with MoonPay on Tuesday. The agreement is the largest partnership for MoonPay yet, a company that...

Television host Jim Cramer has come up with four names that he says investors should buy if they want to latch on to the metaverse bandwagon. What Happened: The host of the CNBC “Mad Money” show said Wednesday that Facebook Inc (NASDAQ: FB) parent Meta, Nvidia Inc (NASDAQ: NVDA),...

Ethereum-based (CRYPTO: ETH) play to earn game Axie Infinity (CRYPTO: AXS) saw one of its tokens skyrocket in value after its dedicated sidechain — meant to power fast and low-cost transactions for the game — launched its own decentralized exchange (DEX). What Happened:...

One of the most popular esports teams in the world will become a publicly-traded company via a SPAC merger announced Monday morning. The SPAC Deal: FaZe Clan announced a merger with B. Riley Principal 150 Merger Corp (NASDAQ: BRPM) Monday valuing the company at an equity valuation of $1 billion....

The departures of leading game developers and creators continues for Activision Blizzard Inc (NASDAQ: ATVI). The latest departure could impact one of the company’s highest anticipated games. What Happened: Overwatch Executive Producer Chacko Sonny is leaving Blizzard Entertainment. He...

Corsair Gaming Inc. (NASDAQ: CRSR), GameStop Corp. (NYSE: GME), Skillz Inc. (NYSE: SKLZ) and AMC Entertainment Holdings Inc. (NYSE: AMC) are among the stocks seeing the highest interest on Reddit’s r/WallStreetBets forum as of early Wednesday. What Happened: Exchange-traded fund SPDR S&P...

Skillz Inc (NYSE: SKLZ) shares jumped about 21% in a single session in early January when Cathie Wood’s Ark Invest added shares in the mobile eSports platform, which went public last December via blank-check firm Flying Eagle Acquisition Corp. Last month, Skillz reported a...

Troika Media Group, Inc. (NASDAQ: TRKA) has announced it is providing branding and marketing services for the 6th Honor of Kings esports tournament. What Happened: Troika has been commissioned by VSPN, the leading esports organization in Asia, to create a new and innovative look for the most-...

Tencent Holdings Ltd (OTC: TCEHY) and NetEase Inc (NASDAQ: NTES) are among gaming companies eyeing China’s fast growing console market, CNBC reported on Sunday. What Happened: The console market is still small in China and accounted for 4.1% of the entire gaming spend in the country last year...

Axie Infinity (CRYPTO: AXS) skyrocketed 66.41% over 24 hours to trade at $72.53 as of late Tuesday night. What’s Moving?: The Ethereum (CRYPTO: ETH) and non fungible token or NFT-based cryptocurrency of a blockchain-based game has shot up 89.97% over seven days. See Also: How To Buy Axie...

Axie Infinity (AXS), a token connected to the blockchain-based game of the same name, was by far the best cryptocurrency in terms of returns in July. What Happened: AXS left the likes of Dogecoin (CRYPTO: DOGE) and the other meme-coin cohort far behind in the rearview mirror in terms of returns....

Ark Invest analyst Nick Grous said in a note Monday that Axie Infinity (CRYPTO: AXS) has the potential to “turbocharge” play-to-earn gaming. What Happened: Grous noted in the Cathie Wood-led Ark's weekly innovation newsletter that the gaming ecosystem is “ever...

Chinese e-commerce player JD.com Inc (NASDAQ: JD) is pumping in money in its gaming business to ensure it becomes the go-to place for young customers to shop all gaming-related goods, CNBC reported on Monday, citing a company executive. JD Plans To Parallel, Not Compete, With Others: Alibaba Group...

Tencent Holdings Ltd's (OTC: TCEHY) Hong Kong-listed shares tumbled as much as 10.2% in early trading hours on Tuesday. What’s Moving? Alibaba Group Holdings’ (NYSE: BABA) rival Tencent HK shares were down by HKD 49 in early trading. The U.S. shares of the company had closed 0....