Treasury yields edged up Tuesday, extending a steady rise in rates, as the pandemic-sparked anxieties that led to buying in U.S. government bonds ease.
(Bloomberg) -- Microsoft Corp. said it’s buying Activision Blizzard Inc. in a $68.7 billion deal, uniting two of the biggest forces in video games to create the world’s third-biggest gaming company.Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arrests: Virus UpdateTechs Drag
Microsoft has struck the largest deal in its history with a $69bn (£50bn) swoop for Call of Duty publisher Activision despite the video game giant's ongoing battle with staff sexual harassment claims.
Microsoft is acquiring rival Activision Blizzard in a $68.7 billion deal that will reshape the video game sector. The all-cash transaction, the largest in Microsoft’s history, will vault the company to the No. 3 spot among all global video game companies by revenue, behind Tencent and Sony. At $95 per share, the deal represents a […]
Activision Blizzard (ATVI) shares jumped in pre-market after Microsoft (MSFT) announced it will acquire the video game publisher for $95 dollars per share. The deal is valued at $68.7 billion.
Cooper Investors, an investment management firm, published its “Cooper Investors Global Equities Fund (Hedged)” fourth quarter 2021 investor letter – a copy of which can be downloaded here. For the 3 months and 12 months to December 31st, the Fund returned +6.0% and +23.6% respectively. This compares to the benchmark which returned +6.6% and +20.2%. Spare […]
Nothing seems to be going right for Novavax (NASDAQ: NVAX) these days. The European Commission granted authorization to Novavax's Nuvaxovid COVID vaccine in December. On Jan. 14, HAS approved Nuvaxovid, making it the fifth COVID-19 vaccine approved in the country.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
The metaverse, widely considered to be the next frontier of internet technology, has become a hot topic in the world of investing. Although it's still mostly unchartered territory, the metaverse has the potential to change the way people study, work, play, and live their lives. Here's why I view Cloudflare (NYSE: NET) and Roblox (NYSE: RBLX) as potentially unstoppable metaverse stocks that investors should pick up in 2022.
Chinese President Xi Jinping took to the virtual stage at Davos to address Fed Chair Jerome Powell -- please don't lift interest rates.
After skyrocketing 126% in 2021, Nvidia's (NASDAQ: NVDA) market value currently stands at a staggering $665 billion. Here are three powerful growth drivers that could propel Nvidia's stock price to greater heights in 2022. Nvidia has become a leading technology supplier to this massive and steadily expanding market.
Microsoft announced a deal to buy video-game player Activision Blizzard for $68.7 billion in cash. If it goes through, it would be Microsoft’s biggest-ever acquisition — and by far the biggest deal ever in the video game biz. Activision Blizzard’s games lineup includes “Call of Duty,” “Candy Crush,” “Warcraft,” “Diablo,” “Overwatch” and “Hearthstone.” According to […]
A spike in bond yields is hitting the tech sector broadly Tuesday. But there's another factor specific to Alibaba that could explain the underperformance.
While the industry is full of promising growth stocks, some of which are already achieving recurring profitability, the following four pot stocks, all of which have a Canadian focus, should be avoided like the plague in 2022. The award for the most times a pot stock has appeared on a "stocks to avoid list" unquestionably goes to Canadian licensed producer Aurora Cannabis (NASDAQ: ACB). Once upon a time, Aurora was the premier name among Canadian weed stocks.
In this article, we take a look at the 10 stocks to invest in today according to Robert Richards’ Heathbridge Capital. You can skip our detailed analysis of Robert Richards’ history, investment philosophy, and hedge fund performance, and go directly to 5 Stocks to Invest in Today According to Robert Richards’ Heathbridge Capital. Heathbridge Capital […]
When interest rates increase, here's what historically has happened to the stock market.
These three top growth names are already down a lot and trade at fair prices, but could become really huge bargains if the market falls more amid rising interest rates.
In this article, we discuss the 10 dividend stocks to buy according to Ken Fisher based on Q3 holdings of his fund. If you want to skip our detailed analysis of Fisher’s history, investment philosophy, and hedge fund performance, go directly to the 5 Dividend Stocks to Buy According to Ken Fisher. Kenneth Lawrence Fisher […]
The oil company has been in a years-long consolidation pattern but finally looks ready to run much higher.
Oil prices passed $87 a barrel on Tuesday as supply falls short of demand.
U.S. stocks fell sharply Tuesday morning as investors geared up for a holiday-shortened week rife with quarterly earnings reports from companies across all three major indexes.