Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...
Tag: Activision Blizzard
These Stocks Had a Terrible 2022. The New Year Should Be Better.
Videogame maker Take-Two Interactive Software is known for two things: Grand Theft Auto, and did I already say Grand Theft Auto? The stock was down 43% in 2022, making it the group’s worst performer. ...
Aerojet Rocketdyne, Tesla, Microsoft, and More Stock Market Movers Monday
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Boeing Retires the 747, and the Age of Jumbo Jets
The Boeing 747 has retired. The jets still fly—but new ones won’t be built. On Tuesday, the last 747 rolled off an Everett, Wash. assembly line. This is no surprise. CEO Dave Calhoun said in July 2020...
Federal Trade Commission Sues Microsoft To Block $69 Billion Activision Purchase
Topline The Federal Trade Commission filed a lawsuit against Microsoft on Thursday to block its $69 billion acquisition of video game giant Activision Blizzard, arguing the company could stifle compet...
Activision Stock Still Looks Like a Buy. Here’s Why.
Back in July, Barron’s made the case for buying Activision Blizzard stock in anticipation of Microsoft closing its $69 billion acquisition of the company. With Activision shares trading at a significa...
Microsoft Deal, Not Earnings, Is the Focus for Activision Stock
Wall Street barely reacted to Activision Blizzard’s third-quarter results on Monday because investors are much more focused its deal to be acquired by Microsoft for $69 billion in cash. Activision Bli...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
Nvidia Loses Its Game – WSJ
Give Nvidia a bit of credit for knowing to get the bad news out early. It came in the form of a warning Monday morning that revenue for the fiscal second quarter ended July 31 would be about 17% below...
Microsoft’s Activision Deal Is Likely to Win Approval, Analyst Says
Text size Microsoft has said it plans to release Activision’s Call of Duty videogames on Sony’s PlayStation. Rich Polk/Getty Images for Activision Activision Blizzard stock continues to tr...
Multibillion-Dollar Loot Box Industry Under Fire As Campaigners Urge Regulators To Investigate FIFA Video Game Maker
Topline A letter Thursday from several advocacy groups called for the Federal Trade Commission to investigate FIFA video game maker Electronic Arts over its loot box feature in games, a controversial ...
Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter
Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway bought stakes in Citigrou...
Warren Buffett Spends Big as Stock Market Sells Off
The stock market’s selloff has been bad news for most investors. The Omaha-based company bought 901,768 shares of Occidental Petroleum Corp. OXY 8.21% last week, according to a regulatory filing. The ...
Berkshire Hathaway May Have Sold Verizon, Bought $10 Billion of Financials
Text size Warren Buffett’s Berkshire Hathaway said it incurred $739 million of realized losses on equity sales in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hatha...
4 Takeaways From the Berkshire Hathaway Annual Shareholders Meeting
Text size Warren Buffett. Drew Angerer/Getty Images OMAHA, Neb.—The 2022 Berkshire Hathaway annual shareholders meeting took place in person on Saturday, with tens of thousands of Warren Buffett fans ...
Warren Buffett Reveals He’s Boosted Stake In Activision Blizzard To 9.5%
Topline Billionaire Warren Buffett disclosed Saturday that Berkshire Hathaway now owns about 9.5% of Activision Blizzard, with the Oracle of Omaha seeking to profit on the gap between the embattled vi...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
Microsoft Stock Pullback ‘Major Buying Opportunity,’ Analyst Says
Text size Tigress Financial’s Ivan Feinseth says Microsoft stock has plenty of potential to gain. Lisa Maree Williams/Getty Images Investors are missing the point on Microsoft as growth in the c...