Microsoft sees forecast-beating revenue growth in Q3 after better-than-expected Q2 numbers
Revenues grew by 20% in the second quarter and net income rose 21%
Company
Activision Blizzard Inc
NASDAQ:ATVI
Activision Blizzard, Inc. is an online, personal computer, console and handheld game publisher. Through Activision Publishing, Inc., the Company is an international publisher of interactive software products and peripherals.
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Call of Duty developer Activision Blizzard confirms probe into sexual conduct misconduct allegations
The videogames giant has been sued twice in the past two months
President of Activision Blizzard subsidiary exits amid fallout of harassment lawsuit
J. Allen Brack, the president of Blizzard Entertainment, was among several employees named in a lawsuit filed by Californian authorities alleging the video game giant had become a breeding ground for harassment and discrimination
Activision Blizzard's defence of its culture undermined by open letter from employees
The publisher of Call of Duty and World of Warcraft is involved in a battle with disgruntled employees that looks even more serious than BrewDog's bust-up
Archive
Nasdaq and S&P 500 snatch record-high closes after late-afternoon surge
The Dow, meanwhile, still finished 85 points in the red at 34,394
Activision Blizzard surges as pandemic gaming boom continues
The Call of Duty publisher generated over US$8bn of revenue in 2020.
Activision Blizzard shares surge amid lockdown gaming boom
Some 60mln gamers have taken to Call of Duty Warzone since its launch immediately prior to lockdown.
Hardware & electrical equipment
Esports Entertainment taps John Brackens as chief information officer
The former Activision Blizzard manager has experience with information technology and network operations within different licensing regimes
Google’s Stadia platform promises to up-end the gaming industry, but what does it mean for investors?
Stadia promises a paradigm shift for the gaming industry, which has already in recent years seen huge incursion by smart phone games like Candy Crush
LATE MOVERS: Cisco rises after 2Q earnings beat, additional $15B for buybacks
Also on the move are DISH Network, Activision, Groupon, Teva and Twilio
Investments and investor services
Late Movers: Activision Blizzard tumbles 10% after saying Destiny rights going to Bungie
GM led gains on the S&P 500 after CEO Marry Barra's comments
Archive
EARLY MOVERS: Netflix Inc shares perk up after broker upgrade but Activision Blizzard Inc takes a dive
Also in focus before the New York bell are the clothing and lifestyle firms PVH Corp and Urban Outfitters
Early Movers: Disney in focus as 'Black Panther' and 'Incredibles 2' power quarterly profits while Yelp plunges
Finisar, which provides parts to Apple, is also pushing higher on news of its takeover by II-VI
EARLY MOVERS: Amazon in focus as split headquarter plan comes into view, while CVS Health zips higher on 3Q beat
Also in the frame in before-the bell New York deals, was gaming group Activision Blizzard Inc and Mylan, which saw shares surge after its 3Q
Is the Team17 float an upward or downward indicator for the video game sector?
With an expected market cap of around ten times its 2017 earnings and a booming UK gaming sector, is the Team17 float the sign of a golden age or a coming crash?
Activision Blizzard resumes trading after temporary halt; record 1Q overshadowed by weak guidance
Shares in the video game maker were temporarily halted this afternoon after Dow Jones broke an embargo on the results
Activision Blizzard stock rising after strong Christmas sales
"This was a record quarter to cap off a record year for Activision Blizzard," said Bobby Kotick, Activision chief executive
Investments and investor services
Expedia, Nvidia, Activision Blizzard - AFTER HOURS
Expedia's fourth-quarter earnings left the market distinctly unimpressed but there was better news from Nvidia and Activision Blizzard
Activision Blizzard confirms closure of US distribution hub
Increasingly gamers are opting for digital downloads rather than DVDs. Meanwhile, the company has been heavily talking up its Overwatch e-sports league
‘Record’ results can’t stop job losses at Activision Blizzard
The Call of Duty maker reported forecast-beating results on Friday but confirmed it was letting some staff go a matter of hours later