Video Game Stocks

Regulators Have Cracked Down on Big Deals. Why Investors Might Try Some Merger Arb.

Merger funds have struggled over the past few years. But with regulatory risk rising, spreads have widened, and returns have grown more appealing. Warning: It isn’t for the risk-averse.

Canadian dollar extends weekly gain on rising investor sentiment

The Canadian dollar strengthened to a two-week high against its U.S. counterpart on Friday as investors grew more optimistic on the outlook for riskier financial assets and weighed prospects of the Bank of Canada resuming interest rate hikes. The loonie was trading 0.2% higher at C$1.3425 to the greenback, or 74.49 U.S. cents, after touching its strongest intraday level since May 16 at 1.3408. "With rebounding market sentiment, yield spreads moving in favour of Canada, and commodities picking up steam, it's been the perfect cocktail for a loonie rally this week," said Jay Zhao-Murray, a market analyst at Monex Canada Inc.

Nintendo formally ends all digital video game sales in Russia

The practice had been in “maintenance mode” since last year.

All-Star Studded Super Mega Baseball 4 Now Available Worldwide Featuring Over 200 Baseball Legends

REDWOOD CITY, Calif., June 02, 2023--ALL-STAR STUDDED SUPER MEGA BASEBALL 4 NOW AVAILABLE WORLDWIDE FEATURING OVER 200 BASEBALL LEGENDS

Take-Two Interactive Software, Inc. Announces Pricing of Tender Offer for 3.300% Senior Notes Due 2024

NEW YORK, June 02, 2023--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the "Company") announced today the consideration payable in connection with the previously announced cash tender offer (the "Tender Offer") to purchase up to $650,000,000 (the "Tender Cap") aggregate principal amount of its outstanding 3.300% Senior Notes due 2024 (the "Notes"), as described in the table below.

Why Bilibili Stock Fell This Week

Bilibili (NASDAQ: BILI) shareholders lost ground to the market this week, as the stock fell 6% through Thursday trading. The latest decline came after Bilibili reported strong sales growth, paired with continued struggles on the profitability front. The company posted much higher advertising revenue, but this increase was offset by a decline in its casual gaming segment.

Company News for Jun 2, 2023

Companies in The News Are: M,DG,BILI,JWN

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  Brown & Brown (BRO) Gains 10% YTD: Will the Rally Continue?

  Zacks
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  Ciena (CIEN) to Post Q2 Earnings: Here's What to Expect

  Zacks

2 Stocks Under $20 Copying Big Winners

It's said that imitation is the sincerest form of flattery, and that mantra holds true in business, as well. Currently, Nike and Disney are inspiring two companies with small stock prices and big plans. Levi Strauss & Co. (NYSE: LEVI) is following the former's direct-to-consumer (DTC) playbook, while Nintendo (OTC: NTDOY) is trying to replicate the latter's monetization of kid-friendly intellectual property.

GameSquare Celebrates Complexity Gaming’s 20th Year Anniversary

GameSquare Holdings, Inc. ("GameSquare", or the "Company") (NASDAQ:GAME)(TSXV:GAME) is thrilled to announce the 20th anniversary of its subsidiary, Complexity Gaming one of North America's oldest and most established esports organizations.

Take-Two Interactive Software, Inc. Announces Early Tender Results and Increase in Tender Cap for 3.300% Senior Notes Due 2024

NEW YORK, June 02, 2023--Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (the "Company") announced today the early tender results for the previously announced cash tender offer (the "Tender Offer") to purchase up to $500,000,000 aggregate principal amount of its outstanding 3.300% Senior Notes due 2024 (the "Notes") and that it has amended the Tender Offer by increasing the maximum aggregate principal amount of Notes that may be purchased in the Tender Offer to $650,000,000 (as amended, the "

NetEase's (NASDAQ:NTES) Upcoming Dividend Will Be Larger Than Last Year's

The board of NetEase, Inc. ( NASDAQ:NTES ) has announced that it will be paying its dividend of CN¥0.4625 on the 26th...

2 Top Growth Stocks to Buy in June

With June's arrival, we're racing toward the halfway mark of 2023 -- and valuations for growth stocks have also generally been racing higher. The growth-heavy Nasdaq Composite index has now climbed 25% year to date, but there are still top tech companies trading at levels that leave room for investors to see explosive gains over the long term. Following its initial public offering in March 2021, Roblox (NYSE: RBLX) stock went on to hit a lifetime high of nearly $135 per share in November of that year as pandemic-related conditions helped the company record stellar engagement and bookings growth.

Gear Up for Victory: NARAKA: BLADEPOINT and GearUP Booster Collaborate on Network Optimizaiton

GearUP Booster, an industry-leading provider of network optimization tools, a product of NetEase, Inc. (NASDAQ: NTES and HKEX: 9999). GearUP Booster and NARAKA: BLADEPOINT, the popular online game, are thrilled to announce their strategic partnership aimed at improving network speed and stability for a more immersive gaming experience.

Why Bilibili Stock Was a Winner Today

Bilibili (NASDAQ: BILI) shares eked out a win on the stock market Thursday, rising to close 1.3% higher while the S&P 500 index booked a less than 1% rise. The reason why was simple -- the China-based tech company posted quarterly earnings that exceeded analysts' bottom-line expectations. For its first quarter, Bilibili earned 5.1 billion yuan ($718 million) in revenue, which was marginally higher than its take in the same period of 2022.

Rising risk appetite lifts Canadian dollar to two-week high

The Canadian dollar strengthened to a two-week high against its U.S. counterpart on Thursday along with gains for other commodity-linked currencies as investors cheered progress toward passing a U.S. debt ceiling bill. "That suggest it's a risk-on recovery, likely fueled by optimism on the debt deal passing the House of Representatives so quickly and now ready for the Senate approval," said Amo Sahota, director at Klarity FX in San Francisco. The U.S. House of Representatives passed a bill to suspend the U.S. debt ceiling on Wednesday evening.

Some 'Diablo IV' players report invalid license error message after early access launch

Early access for “Diablo IV” began Thursday night — but the rollout of the highly anticipated action role-playing video game didn't come without speedbumps, notably for PlayStation users. While the early access launch of Blizzard Entertainment's “Diablo IV” appeared to go smoothly for many players who pre-purchased eligible editions of the game, some PS5 users reported receiving an invalid licensing error message. Blizzard acknowledged the issue, and later said a server-side balance hotfix was rolled out.

Activision Blizzard (ATVI) Reveals Candy Crush Event Winner

Activision Blizzard (ATVI) announces the 2023 champion of the Candy Crush All Star Tournament.

Roblox Stock: Buy, Sell, or Hold?

Don't jump to conclusions just because the metaverse isn't quite the priority it used to be for Facebook parent Meta.

5 Stocks to Watch on Dividend Hikes Amid Economic Turmoil

Investors may keep a tab on stocks like LOW, NTES, CM, HLNE and IEX, which have lately hiked their dividend payments.

KFC Chicken Sandwiches Unlock Exclusive Diablo® IV In-Game Rewards for a Limited Time

Kentucky Fried Chicken® is making its KFC Chicken Sandwich even more craveable with a spicy new promotion tied to the highly anticipated new Diablo® IV video game. Now through 7/2*, customers who purchase any KFC Chicken Sandwich (classic or spicy, including combo options) on the KFC app or KFC.com will be eligible to unlock exclusive in-game rewards** in one of the most anticipated video games of the year. The exclusive in-game rewards include up to five battle cosmetics in KFC's signature red

GameSquare Partners with Vivior to Help Gamers Build Healthy Screen Habits

GameSquare Holdings Inc. ("GameSquare", or the "Company") (NASDAQ:GAME)(TSXV:GAME), today announced a multi-year, multi-million dollar partnership with innovative Swiss vision care startup Vivior to promote healthy digital habits.

Bilibili (BILI) Reports Q1 Loss, Lags Revenue Estimates

Bilibili (BILI) delivered earnings and revenue surprises of 15.91% and 0.96%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

3 Top Gaming Stocks to Buy in June

Revenue for the video games market is projected to hit $385 billion this year and continue expanding at a compound annual rate of 8% through 2027, according to the forecasters at Statista. While its growth may not be as significant as other tech markets like artificial intelligence (AI) or cloud computing, there's a never-ending supply of new video games, and the market for them has grown consistently over the long term. Adding a video gaming stock to your holdings can be an excellent way to instill stability in your portfolio, and there's no better time than the present to do so.