PlayStation 5

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:...

GameStop shares have are up 219% in the last six months, but one analyst thinks the gains will be short-lived. The GameStop Analyst: BofA Securities analyst Curtis Nagle reiterated an Underperform rating on GameStop Corp (NYSE: GME) with a $1.60 price target.  The GameStop Takeaways: NThe...

GameStop Corp (NYSE: GME) announced a new multi-year partnership with Microsoft Corporation (NASDAQ: MSFT). What Happened: The deal will include GameStop using back-end and in-store solutions from Microsoft to help with finance, inventory, e-commerce, retail and point-of-sale. The partnership will...

Sony Corporation (NYSE: SNE) shared a look at its upcoming PlayStation 5 console and games with a presentation Wednesday. Console Wars: Sony unveiled its PlayStation 5 will cost $499.99 and the PlayStation 5 Digital Edition will cost $399.99. Microsoft Corporation (NASDAQ: MSFT) had previously...

Sony Corporation (NYSE: SNE) has cut production estimates of its PlayStation 5 console for the current financial year by 4 million, down to 11 million, Bloomberg reported Monday. What Happened: The Japanese electronics giant’s plans to increase orders with its suppliers hit a roadblock,...

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: “...

GameStop Corp (NYSE: GME) reported second-quarter earnings after the market close on Wednesday. GameStop reported revenue down 26.7% year over year to $942 million. Quarterly losses of $1.40 per share missed the analyst consensus estimate by 37 cents. The GameStop Analysts: Credit Suisse analyst...

GameStop Corp (NYSE: GME) reported second-quarter earnings Wednesday that came up short on both revenue and EPS estimates. What Happened: GameStop reported second-quarter revenue down 26.7% year over year to $942 million. Lower store base and lower store operating days contributed to same-store...

The console wars heated up Tuesday as Microsoft Corporation (NASDAQ: MSFT) officially unveiled its new Xbox console. What Happened: The company’s Xbox Twitter account unveiled the Xbox Series S with a “Let’s make it official” tweet. The new console, which will be the...

Immersion Corporation (NASDAQ: IMMR) is a small-cap stock most investors have never heard of. With over 3,500 patents and a presence in more than 3 billion devices, chances are investors have experienced the company’s leading haptic technology. The company is in the spotlight in 2020 as it...

Video games are on the rise thanks in part to stay-at-home procedures during the coronavirus (COVID-19) outbreak. PC gaming is up, with Etailers reporting "frequent recent stocks outs of NVDA's most popular Turing cards." According to analysts at BofA Securities, only "8% of PC...

Months after Microsoft Corporation (NASDAQ: MSFT) unveiled the Xbox Series X, Sony (NYSE: SNE) finally revealed the PlayStation 5 on June 11 and gave consumers a glimpse at its game lineup. Following the event, people had a lot to say about the design of the console. It starkly contrasts the design...

Sony Interactive Software's (NYSE: SNE) rescheduled event "The Future of Gaming" is Thursday, and viewers are expecting to see announcements detailing the console's lineup of games. Sony is known for its extensive line of first-party exclusive titles, and it's expected that a...

As protests continue after the death of George Floyd, many planned events in the video game community have been postponed as a stand in solidarity. While the choice to delay has been received with mixed opinions, it's a positive movement to help ignite change. PlayStation 5's 'The...

Sony Corp. (NYSE: SNE) could be holding a conference detailing news about the PlayStation 5 console as well as details surrounding the system's game lineup, Bloomberg reported. The digital event could happen as early as next week, with hints suggesting June 3. However, the date could change...