Bobby Kotick and Andrew Wilson make the list of most overpaid U.S. CEOs
No CEO wants to be on this list. But the chief executives of game publishers Activision Blizzard and Electronic Arts are among the most...
Microsoft reports $32.5 billion in Q2 2019 revenue: Azure up 76%, Surface up 39%, and LinkedIn up 29%
Microsoft today reported earnings for its second fiscal quarter of 2019, including revenue of $32.5 billion, net income of $8.4 billion, and earnings per...
Nvidia stock falls $14 billion on crypto-related earnings preannouncement
Nvidia warned last November that the aftermath of the cryptocurrency bust would hurt its earnings, but now the company says weaker gaming and data center...
Gartner and IDC: HP and Lenovo shipped the most PCs in 2018, but total numbers fell
The PC market is still declining, according to research firms Gartner and IDC. While the two agreed on that 2018 was negative, they disagreed...
Activision Blizzard plans to fire its chief financial officer; Netflix may hire him (updated)
Activision Blizzard fell nearly 1 percent in after-hours trading today as the company filed a regulatory announcement saying that it plans to fire Spencer...
E3 is fine, claims the group that runs E3
This is fine: That’s the tone of a press release out of the Entertainment Software Association today. The organization, which operates the Electronic Entertainment...
Nvidia’s stock falls 15% after earnings miss
Graphics and AI chip maker Nvidia saw its stock price fall 15 percent in after-hours trading after it reported third fiscal quarter earnings (ended...
Activision Blizzard hits Q3 earnings but spooks investors with weak Q4 forecast
Investors seem prone to be spooked about Activision Blizzard‘s earnings these days. Activision Blizzard reported results for the third fiscal quarter ended September 30...
Red Dead Redemption 2 sales prompt Take-Two to boost revenue guidance
Take-Two Interactive posted earnings that exceeded the company’s own expectations for the second fiscal quarter ended September 30. In afterhours trading, the stock rose...
Microsoft’s gaming revenue surges 44% in Q1 2019
Microsoft released its results for Q1 of financial year 2019, and it showed increased gaming revenue by 44 percent compared to the same period...