PlayStation 5

The leading video game retailer reported third-quarter earnings after the market closed Tuesday. What Happened: GameStop Corp (NYSE: GME) reported third-quarter sales of $1 billion, which came in below consensus estimates of $1.08 billion. The company’s adjusted earnings per...

Like something straight out of “The Fast and The Furious” movie franchise, thieves are targeting moving delivery trucks to steal PlayStation 5s. What Happened: The Times is reporting gangs in the United States have increased the “rollover” technique used to steal items like...

PlayStation 5 and the latest Xbox consoles are fetching a premium on resale on eBay Inc (NASDAQ: EBAY), in excess of double their retail price, according to the Verge columnist Sean Hollister.  What Happened: Hollister said he averaged the final sales price of a hundred PS5s — which...

Supply woes faced by Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE), which have led to a scarcity of their newly launched consoles tanked sales of digital games, by 10% in the period between Black Friday and Cyber Monday, according to game research provider SuperData. What...

The year has seen strength in gaming stocks due to more gamers during the COVID-19 pandemic. New consoles from Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) have also helped boost the gaming sector. Sony the Winner: Roundhill Investments Co-Founder and CEO Will Hershey...

StockX said Tuesday it recorded a two-fold growth in daily gross merchandise value (GMV) during Cyber Weekend compared to last year. What Happened: The online marketplace, known for being a reseller of sneakers, said its daily GMV averaged 100% growth compared with the same four-day period...

Gaming enthusiast sites are reporting a number of novel developments in these early days of the PlayStation 5 rollout, some of them resulting in bans.  No Profanity On Twitter: TheGamer reports that the consoles seemingly have a built-in, unlisted function that blocks users from posting...

A new estimate from VGChartz shows just how many PlayStation 5 consoles were sold. What Happened: Estimates from VGChartz say the console from Sony Corporation (NYSE: SNE) sold 2.1 million to 2.5 million units over its two launch days. On Nov. 12, the console launched in North America, Australia...

Sony Corporation’s (NYSE: SNE) PlayStation 5 has two new endorsers — Rick Sanchez and Mory Smith of the "Rick and Morty" fame. What Happened: The animated characters from the adult-themed television show bring their characteristic style of humor in a commercial for Sony’...

Sony PlayStation is in stock and available — if you're willing to pay upwards of $800 for it. Resellers: StockX, a reseller site, has been selling the new PlayStation 5 consoles at a steady clip for prices well over Sony Corporation's (NYSE: SNE) $399 official price tag for a PS5...

Nov. 22, 2020, screenshot of Kohl's online shopping site showing PlayStation 5 consoles out of stock A PlayStation news site for fans says Kohl's Corporation (NYSE: KSS) left thousands of customers hanging when PlayStation 5 console bundles quickly sold out at its online store during the...

One of the big trends in the gaming world is the highly anticipated launches of new consoles from Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE). Investors won’t find either of those stocks in the Ark Innovation ETF (NYSE: ARKK), as manager Cathie Wood has opted to add...

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...

Online buyers of Sony Corporation’s (NYSE: SNE) PlayStation 5 on websites of Walmart Inc (NYSE: WMT) and Best Buy Co Inc (NYSE: BBY) reported facing glitches on the launch day of the console, CNN reported Thursday. What Happened: Walmart had spread the sales of the console every three...

The video game sector has produced several winners in 2020. Recent IPO Corsair Gaming (NASDAQ: CRSR) reported its third-quarter earnings, which saw growth from the industry and products selling out as soon as they hit shelves. The company makes gaming-related gear and technology. Earnings: Corsair...