gaming

Sony Corporation’s (NYSE: SNE) PlayStation 5 and Microsoft Corporation’s (NASDAQ: MSFT) Xbox consoles released this month are following different strategies to vie for the attention of gamers and generate revenue — and the latter might just have an edge over the former, according...

Each week, Benzinga examines a stock that might be considered a little under the radar. You may have never heard of the company before, but chances are you're pretty familiar with the line of work it's in. We call these the "things behind the thing." A small-cap company could...

Sony Corporation’s (NYSE: SNE) PlayStation5, which is only available online, has sold out on major sites in Japan after the company launched the console Thursday, Reuters reported. Why It Matters: Retailers in Japan are holding draws to sell the PS5, priced between $400 to $500, as stock is...

Electronic Arts Inc (NASDAQ: EA) shares tanked in the after-hours session Thursday as the company missed analyst estimates for the second quarter of the fiscal year 2021 even as it beat management guidance. EA's decision to start paying quarterly dividend amid weak earnings also didn't sit...

The biggest consoles-launch in the $145 billion gaming industry comes next week as Microsoft Corporation's (NASDAQ: MSFT) Xbox Series X and Sony Corp's (NYSE: SNE) PlayStation 5 (PS5) go on sale on Nov. 10 and Nov. 12, respectively, reports the Financial Times. Timing:...

Unity Software (NYSE: U) saw a string of bullish calls from analysts initiating coverage Tuesday thanks to the company’s growth potential outside of its gaming business.  Unity Analysts On Its Gaming Platform: Unity has relationships with many of the top gaming companies, including...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Leading mobile and platform gaming company Roblox is purportedly preparing to go public via an initial public offering or direct listing. What Happened: Reuters reports that Roblox, which was founded in 2004, is eyeing a debut on the public markets. The company operates with a freemium model,...

GameStop Corp (NYSE: GME) could be extending its e-commerce line beyond video games and related consumer electronics products if a plan put in motion by its largest individual investor is realized. What Happened: RC Ventures founder Ryan Cohen is in talks with the company...

Video game software developer Unity Software Inc. priced its initial public offering above previous estimates on Thursday. What Happened: Unity said it planned to issue 25 million shares at $52 per share. The underwriters are entitled to a 30-day option to buy an additional 3.75 million shares...

GameStop Corp (NYSE: GME) caught a sell-side upgrade Monday morning after reporting second-quarter earnings last week. The GameStop Analyst: Jefferies analyst Stephanie Wissink upgraded GameStop shares from Hold to Buy and raised the price target from $7 to $8. The GameStop Takeaways: “...

The battle between Apple Inc (NASDAQ: AAPL) and Epic Games has escalated to new heights after the iPhone manufacturer slapped a counter-lawsuit against the game developer, according to the Wall Street Journal. Both of these technology companies are locked in a dispute over revenues generated from...

The only negative for DraftKings Inc. (NASDAQ: DKNG) is its high valuation, while the valuation of Penn National Gaming (NASDAQ: PENN) is trailing sports betting rivals, according to BofA Securities. The Analyst: Shaun Kelley reiterated a Buy rating on Penn National Gaming and raised the...

Shares of NVIDIA Corporation (NASDAQ: NVDA) were up another 3.8% on Wednesday and are now up 114% in 2020.  Nvidia is benefiting from booming demand for high-end gaming graphics cards from bored Americans living in a shelter-in-place environment. Even after the stock’s impressive...

NVIDIA Corporation (NASDAQ: NVDA) unveiled new gaming GPUs Tuesday based on the Ampere architecture. The Nvidia Analysts: BofA Securities analyst Vivek Arya reiterated a Buy rating on Nvidia and increased the price target from $600 to $650. Raymond James analyst Chris Caso reiterated an Outperform...