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Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701Read More...U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...
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Is Amazon's Double Helix Acquisition Proof Of A New Game Console?
Thursday, February 6, 2014 - 4:33pm | 733Read More...For months, Amazon (NASDAQ: AMZN) has been rumored to be developing its first game console. The rumors initially claimed that Amazon wanted to compete directly with Apple's set-top box, but that device only retails for $99 and does not yet play games. In the months that followed, additional...
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Electronic Arts Falls 2% After Q3 Beat, Revenue Miss
Tuesday, January 28, 2014 - 5:46pm | 262Read More...Electronic Arts (NASDAQ: EA) is down more than two percent in after hours trading after the company released its third quarter results. The video game publisher initially plummeted more than five percent after the company reported a Q3 EPS of $1.26 versus the Street estimate of $1.23. Earnings...
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Best Buy Shares Plunge On Disappointing Holiday Sales Data
Thursday, January 16, 2014 - 12:01pm | 792Read More...On Thursday morning, Best Buy (NYSE: BBY) announced holiday results that were disappointing. The company reported revenue of $11.45 billion during the nine week period that ended January 4. The company collected $11.75 billion during the same period last year. Holiday sales were hurt by a...
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Is NVIDIA's Tegra K1 On Par With PlayStation 4, Xbox One?
Thursday, January 9, 2014 - 3:05pm | 490Read More...NVIDIA (NASDAQ: NVDA) claims that its newly announced Tegra K1 mobile processor will bring console-quality graphics to smartphones and tablets. The processor (which will come in 32- and 64-bit varieties) consists of 192 cores and features the same NVIDIA Kepler architecture that powers NVIDIA's...
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Market Wrap For January 7: Markets Reverse 3-Day Slump
Tuesday, January 7, 2014 - 5:39pm | 2743Read More...For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...
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Don't Expect More Consolidation From the Video Game Industry
Friday, December 27, 2013 - 5:42pm | 608Read More...Don't let the recent studio and publisher closures fool you; the game industry is growing, not contracting or consolidating. IBISWorld analyst James Crompton said he expects industry entrants (new game companies) to exceed the number of consolidations. "A lot of this is driven by social...
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PlayStation 4 Tops Gamers' Holiday Wish List, Poll Shows
Friday, December 20, 2013 - 2:48pm | 499Read More...More consumers want Sony's (NYSE: SNE) PlayStation 4 than any other game system. On December 6, Benzinga polled its readers about the newest game consoles and handhelds, asking two key questions: Which game system would you like to receive this Christmas? Which game system are you most likely to...
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Amazon's Best 2013 Christmas Tech Deals
Friday, December 20, 2013 - 1:02pm | 755Read More...In five years or 10 years, Amazon (NASDAQ: AMZN) could deliver last-minute Christmas gifts with an automated, GPS-controlled drone. Until then, shoppers will have to wait for the UPS truck to bring them whatever they order online. Like most retailers, Amazon still promises to deliver many...
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Wal-Mart's Best 2013 Christmas Tech Deals
Thursday, December 19, 2013 - 2:50pm | 482Read More...It seems like Black Friday was only days ago. Now, Christmas is less than a week away, and last-minute shoppers are scrambling to get what they need. Walmart.com (NYSE: WMT) is offering free shipping in time for Christmas, but only for those who spend $35 or more and order by the end of today...
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PlayStation 4 vs. Xbox One November Sales
Tuesday, December 17, 2013 - 2:32pm | 598Read More...Sony's (NYSE: SNE) newest game console proved to be the most popular last month. According to AllThingsD, Sony's PlayStation 4 outsold Xbox One domestically with the "highest first month sales of a hardware platform on record." IGN provided a few more details, revealing that Call of Duty: Ghosts...
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Microsoft's First Xbox TV Series Slated For 1H 2014
Monday, December 16, 2013 - 4:11pm | 1028Read More...Microsoft (NASDAQ: MSFT) plans to launch its first Xbox TV shows during the first half of 2014. According to Variety, Entertainment and Digital Media President Nancy Tellem said that she hopes the company can "put something up" in the first or second quarter. Speaking at Variety's Dealmakers...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Read More...Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...
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Market Wrap For December 11: S&P 500 Drops Most in a Month, Dow Suffers Triple Digit Losses
Wednesday, December 11, 2013 - 5:31pm | 1987Read More...Major indices began selling straight at the opening bell as investors drew closer to the conclusion that the Fed could scale back its bond buying activity as soon as next week following the new budget deal. Helping the Fed taper argument was a report released by BlackRock which made the case...
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Rumor: Google to Announce Set-top Box Early in 2014
Monday, December 9, 2013 - 12:16pm | 568Read More...According to The Information (subscription required), Google (NASDAQ: GOOG) plans to come out with a set-top box called Nexus TV sometime in the first half of 2014. The new device, Geekwire said, would compete with Apple's Apple TV, Microsoft's Xbox One, and Amazon's rumored-but-so-far-delayed...















