BusinessBloomberg•3 hours agoFortnite Fever Rattles Activision Blizzard Ahead of Earnings
Activision Blizzard Inc., the first big video-game company to report earnings since Fortnite fever took hold, is sure to reveal how disruptive the multiplayer survival game is -- or isn’t. KeyBanc analyst Evan Wingren is betting on the former -- that results at Activision, Electronic Arts Inc. and Take-Two Interactive Software Inc. will be affected -- at least in the near term. Epic Games’ Fortnite, which had a peak of 3.4 million concurrent users as of February and 45 million players as of January according to a company spokesperson, hasn’t been ignored by investors either.
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- BusinessMarketWatch•3 hours ago
Here’s how Warren Buffett’s stock picks for Berkshire Hathaway have performed in 2018
Going into Berkshire’s annual meeting this weekend, the portfolio has had more losers than winnersGetty ImagesA Cherry Coke bottle features an image of Berkshire Hathaway CEO Warren Buffett. Berkshire is a major shareholder of Coca-Cola Co.DMAMBMCMDMEMGPREVIEWZBZBRZDZDRZFZGZQZRZSZTZU
