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Feb 6, 2024 · Are video games a reason to buy Microsoft stock? In its last quarterly update before takeover (Q2 2023), ATVI reported a big jump in its own financial activity.
- Nicholas Rossolillo
May 7, 2024 · Microsoft ( NASDAQ: MSFT) is shutting down four videogame studios under its Bethesda banner, some deep cuts set to impact popular titles, IGN reported. The company will shut down Arkane Austin ...
- Jason Aycock
- Flourishing Industry Spells Revenue Opportunity For Microsoft
- A Look at Microsoft’s Push Into Video Game Space
- Acquisition of Zenimax A Brilliant Move
- Zacks Names “Single Best Pick to Double”
The video gaming industry is likely to witness continued momentum owing to rapid adoption of cloud gaming. Cloud gaming is gaining popularity as it allows access to video games on various devices anywhere, anytime and removes the need for expensive gaming consoles/hardware. Apart from cloud gaming, rising penetration of smartphones and use of emerg...
To capitalize on opportunities in the cloud gaming space, Microsoft recently expanded the availability of Xbox Cloud Gaming to Apple’s AAPLiPhones and tablets as well as Windows 10 PCs through browsers (Microsoft Edge, Chrome or Safari) for Xbox Game Pass Ultimate subscribers. At present, the service is available in 22 countries. Microsoft is also ...
Microsoft’s acquisition Bethesda Softworks’ parent company ZeniMax Media for $7.5 billion is also expected to bolster Microsoft’s position in the video game space. The buyout has increased the number of in-house development studios for Microsoft 23 from 15 earlier. Some of the notable video games titles that belong to Bethesda Softworks include DOO...
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a s...
Upon completion of the deal, Activision Blizzard would be a sibling entity to Xbox Game Studios under a new Microsoft Gaming division with Phil Spencer as its lead. The deal would also allow Microsoft to offer Activision Blizzard games on its Xbox Game Pass service.
The Bethesda acquisition will enable Microsoft to boost its portfolio of games available in its Xbox Game Pass and expand the number of creative studio teams from 15 to 23, according to the...
Aug 17, 2023 · Xbox Game Pass is a major catalyst for growth, offering access to over 100 games for a monthly fee. The gaming industry as a whole is projected to grow at an annualized CAGR of 8.94%. MSFT is...
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May 5, 2021 · Activision’s Strong Earnings Are Putting These Video Game Stocks On Investors’ Radar. Video game stocks may be under pressure along with the stock market pullback this week. But one...
