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Given its convenience and social aspects, multiplayer online gaming could continue its fast growth and transform the gaming industry away from the console model.
An analyst who’s broadly positive about videogame stocks thinks Take-Two Interactive is attractively priced at current levels. Why it could be the best value in the industry.
On Monday, Indian rupee after opening at 69.75 per US dollar versus the last close of 69.35 was dragged to day's low of 69.88, the lowest level since March 11. The sharp fall in the domestic currency came on the back
Caesars Entertainment is appointing a gambling-industry veteran as its new chief executive. The casino giant named Tony Rodio as CEO Tuesday. The change in leadership comes two months after billionaire investor Carl Icahn disclosed a large stake in the casino and began pushing for fundamental changes.
China's press and publication regulator has issued new rules on applications for publishing online games in China, signalling a possible acceleration in the handing out of formal approvals. China stopped granting licences to monetize online games in March 2018, hurting the industry and developers such as Tencent Holdings Ltd and NetEase Inc. It started up approvals again in December, only to ask local governments to pause on submitting applications in February. Gaming market research and consulting firm Niko Partners said the administration had explained the new rules to industry insiders earlier in the month, saying it was grinding through a backlog of applications submitted last year.
Take-Two (TTWO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Lately when gamers go on Twitch, they see Electronic Arts EA ' battle royale game Apex Legends ranking as the third- or fourth-most-watched category — if that — of all categories streaming on the platform, a far cry from when the game launched in February and dominated viewership. The report showed that the game hit peak viewership levels when viewers watched over 40 million hours of Apex Legends-focused streams the week following the game's launch.
Electronic Arts (EA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Churchill Downs (CHDN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These Tech Stocks Could Be Overvalued at Their Current Prices(Continued from Prior Part)ZNGA’s returns The stock of gaming company Zynga (ZNGA) has generated a return of 51% in the last 12 months. Since the start of 2019, the stock is up 36%.
Why Take-Two Interactive Might Be a Good Buy Right Now(Continued from Prior Part)Trading at a discount to estimates The average 12-month price target for Take-Two Interactive (TTWO) is $122.20, which is 30% below its current target price. Around 80%
Why Take-Two Interactive Might Be a Good Buy Right Now(Continued from Prior Part)Price to earnings Take-Two Interactive (TTWO) has a forward PE ratio of 28.9x for 2019. This valuation seems reasonable given the company’s significant revenue and
Activision Blizzard (ATVI) closed at $45.01 in the latest trading session, marking a -1.62% move from the prior day.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE...
Why Take-Two Interactive Might Be a Good Buy Right Now(Continued from Prior Part)NBA 2K19Take-Two Interactive (TTWO) will be banking on games such as Red Dead Redemption 2, NBA 2K19, and WWE 2K19 to drive sales in fiscal 2019 and beyond. Red Dead
Why Take-Two Interactive Might Be a Good Buy Right Now(Continued from Prior Part)Primary revenue driver in the last quarter Gaming companies such as Take-Two Interactive (TTWO), Electronic Arts (EA), and Activision Blizzard (ATVI) are highly
The PlayStation 5 is more than an upgrade, video game designer Mark Carny told Wired, and will include updated hardware and processors, including a custom GPU based on AMD's Radeon Navi hardware and an eight-core CPU based on its third-gen Ryzen line.
Why Take-Two Interactive Might Be a Good Buy Right Now(Continued from Prior Part)Take-Two’s sales are expected to rise 48% in 2019 Take-Twp Interactive’s (TTWO) sales have been rising steadily over the last few years as the company has focused on
Will Activision Blizzard Bounce Back after Its $29 Billion Loss?(Continued from Prior Part)PE ratio Activision Blizzard (ATVI) has a forward PE ratio of 35.9x for 2019. This ratio might seem high given the company’s negative revenue and earnings