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Warren Buffett cashed in his monster bet on Microsoft buying Activision Blizzard - but left some money on the table
Warren Buffett's Berkshire Hathaway sold 70% of its Activision stake last quarter, meaning it likel…
Theron Mohamed
Activision Blizzard jumps 11% after judge rules Microsoft can buy the video game publisher in a win over FTC
A judge on Tuesday cleared the way for Microsoft's mammoth deal to buy the video game publisher in …
Max Adams
The activist investor group calling for the ouster of Activision CEO Bobby Kotick is reportedly sounding the alarm on his massive payout from the Microsoft deal
"Now that I think it's highly likely that he will retire once the deal is through, what are the acc…
Isabelle Lee
Activision's market value is still 14% below what Microsoft plans to pay for it — and that suggests investors don't think the deal will get done
Also on Tuesday, the Federal Trade Commission and the Justice Department began rewriting merger gui…
Matthew Fox
Activision falls 7% after report says CEO knew of sexual-misconduct allegations for years
"The Board remains confident that Bobby Kotick appropriately addressed workplace issues brought to …
Matthew Fox
Overwatch 2 and Diablo 4 delays spark 17% decline in Activision Blizzard stock
"It has become apparent that some of the Blizzard content planned for next year will benefit from m…
Matthew Fox
Warren Buffett discussed his deputies, the Activision Blizzard saga, and Berkshire Hathaway's annual meeting in a recent interview. Here are 4 key takeaways.
The Berkshire Hathaway CEO touched on some of his company's recent investments, and touted the upco…
Theron Mohamed
Activision Blizzard falls as FTC says it is suing to stop Microsoft's takeover of the gaming giant
"Microsoft has already shown that it can and will withhold content from its gaming rivals," FTC Bur…
Jennifer Sor
Warren Buffett quietly boosted his Japan bets, warned about Fed rate hikes, and defended his tax contributions. Here are 12 key insights from his annual letter.
The Berkshire Hathaway CEO bemoaned a surge in fishy accounting, and signaled his company can navig…
Theron Mohamed
Microsoft's acquisition of Activision is a 'smart deal' as the tech giant homes in on gaming as the earliest money-making opportunity in the metaverse, Wedbush says
"Acquiring Activision will help jump start Microsoft's broader gaming endeavors and ultimately its …
Matthew Fox
Activision Blizzard soars 38% after Microsoft reportedly agrees to acquire the video-game maker for $69 billion in cash
The deal would also be a lifeline to Activision, which has seen its stock price fall 40% amid workp…
Matthew Fox
Warren Buffett says his team didn't know Microsoft was planning to buy Activision Blizzard when they bought the gaming stock
The Berkshire Hathaway CEO said his company bought 85% of its stake in October, about three months …
Theron Mohamed
Warren Buffett's Berkshire Hathaway reveals $1 billion stake in Activision Blizzard
The investor's company snapped up nearly 15 million shares before Microsoft struck a deal to acquir…
Theron Mohamed
Activision Blizzard has lost nearly $8 billion in market value amid the growing fallout from a workplace discrimination lawsuit
The weakness in Activision Blizzard stock price spread to its peers, with Electronic Arts and Take-…
Matthew Fox
Activision is top non-FAANG tech stock with new Diablo and Call of Duty games in the pipeline, says Morgan Stanley
The investment bank looked at Activision Blizzard's pipeline as the company faces as sexual harassm…
Carla Mozée
Warren Buffett has boosted Berkshire Hathaway's stake in Activision Blizzard to 9.5% — a position worth nearly $6 billion
The investor determined Activision Blizzard's stock price was too far below Microsoft's offer for t…
Theron Mohamed
Warren Buffett discussed Apple, Activision Blizzard, bitcoin, and inflation during Berkshire Hathaway's annual meeting. We live-blogged the event.
Buffett and his business partner, Charlie Munger, complained that people have been treating the sto…
Theron Mohamed
Activision Blizzard spikes 12% as the gaming giant gives strong guidance following a surge in holiday sales
Activision Blizzard outperformed in Q4, posting GAAP revenues of $2.4 billion and EPS of $0.65 as "…
Will Daniel
Warren Buffett's Berkshire Hathaway is poised to score a $1 billion profit after Microsoft beats FTC in Activision case
"If the deal goes through, we make some money," Warren Buffett said last year of Berkshire Hathaway…
Matthew Fox
Sony loses $20 billion in market value after Microsoft's massive deal to buy Activision Blizzard knocks its shares
Sony's shares drop almost 13% in Tokyo as analysts assess whether the deal will let Microsoft restr…