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Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover

According to Reuters, Glu Mobile received multiple takeover offers last year as its stock underperf…

Matthew Fox   


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Electronic Arts falls 7% as profit-growth forecast misses expectations

Shares of the video-game maker slipped by as much as 7.6% Wednesday, despite strong fiscal third-qu…

Isabelle Lee   


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Shalini Nagarajan   


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Saudi Arabia's $400 billion wealth fund doubled down on its stakes in US video-game makers and dumped a major oil position in Q1

The fund is chaired by Crown Prince Mohammed bin Salman, who's said to have a keen interest in vide…

Shalini Nagarajan   


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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   


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Nasdaq falls nearly 3% as US stocks plummet on interest rate worries

The Nasdaq plunged Tuesday, dragged by mega-cap tech giants as the 10-year Treasury yield rose to 1…

Isabelle Lee   


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GameStop falls as much as 6% on report of Netflix planning streaming service for video games

GameStop shares have now tumbled more than 20% since the start of July.

Carla Mozée   


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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   


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Electronic Arts slides as 'Apex Legends' season 2 fails to convince investors that it can replicate Fortnite's massive success

But EA shares fell by as much as 5.6% on Friday, the most in five months, after the update failed t…

Daniel Strauss   


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Electronic Arts is surging as Wall Street cheers on 'Apex Legends' winning 25 million gamers in a week

The company announced late Monday that the number of gamers playing "Apex Legends" had crossed 25 m…

Ethel Jiang   


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Video-game maker Electronic Arts extends huge rally on the popularity of its latest game 'Apex Legends'

Fortnite's viewership on the video-game streaming site Twitch was "basically chopped in half" in th…

Ethel Jiang   


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Electronic Arts, the major video game company behind 'Madden' and 'Apex Legends,' is laying off about 350 employees

"Today we took some important steps as a company to address our challenges and prepare for the oppo…

Kevin Webb   


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Electronic Arts Beats Expectations, Stock Soars 15% After Hours

"Electronic Arts delivered outstanding results in fiscal year 2014. Most importantly, we produced h…

Karyne Levy   


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Nasdaq closes at record high as stimulus cheer offsets elevated valuations

The Nasdaq on Tuesday hit a new high, coming off a fresh record in the previous session. Stocks hav…

Ben Winck   


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Saudi Arabia's sovereign wealth fund has made a fortune on Lucid Motors — but missed out on another windfall by selling Tesla stock

The country's Public Investment Fund owns Lucid stock worth $46 billion, but dumped Tesla stock tha…

Theron Mohamed   


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US stocks pull back from record highs as Wall Street's rally cools

Bitcoin rallied above $48,000 for the first time amid lasting momentum from Tesla's $1.5 billion pu…

Ben Winck   


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Roblox shares surge another 12% a day after the online-gaming company's market debut

Roblox's direct listing on Wednesday saw its shares pop 54%, giving the company that owns just one …

Shalini Nagarajan   


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MORGAN STANLEY: There's an important reason Microsoft would never buy Electronic Arts or Activision to create the 'Netflix of video games'

The model showed that Microsoft would have to get 100 million subscribers to its gaming platform in…

Becky Peterson   


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Technical indicators say these 9 growth stocks have upside in 2021, Fundstrat says

"Growth stocks are not dead nor are they completing longer-term tops," Fundstrat's technical analys…

Matthew Fox   


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The family that owns Samsung is donating a treasure trove of art, including Picassos and Dalís, in an attempt to cut their massive inheritance tax bill

The family is set to pay a record 12 trillion won ($10.78 billion) in inheritance taxes, but it has…

Cheryl Teh