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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
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
Saudi Arabia's $400 billion sovereign wealth fund reveals billion-dollar stakes in video game stocks, and almost doubled its holdings of US equities in the 4th-quarter
The kingdom's Public Investment Fund bought a $1.06 billion stake in Electronic Arts and a $1.4 bil…
Shalini Nagarajan
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…