ATVI - Activision Blizzard, Inc.
| Previous Close | 55.01 |
| Open | 55.04 |
| Bid | 54.50 x 3100 |
| Ask | 54.78 x 3000 |
| Day's Range | 54.53 - 55.48 |
| 52 Week Range | 39.85 - 84.68 |
| Volume | 7,505,581 |
| Avg. Volume | 6,945,059 |
| Market Cap | 42.002B |
| Beta (3Y Monthly) | 0.92 |
| PE Ratio (TTM) | 25.00 |
| EPS (TTM) | 2.19 |
| Earnings Date | Nov 6, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 0.37 (0.67%) |
| Ex-Dividend Date | 2019-03-27 |
| 1y Target Est | 56.66 |
- Simply Wall St.
Calculating The Intrinsic Value Of Activision Blizzard, Inc. (NASDAQ:ATVI)
Today we will run through one way of estimating the intrinsic value of Activision Blizzard, Inc. (NASDAQ:ATVI) by...
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Mobile Game Dominance War Intensifies: ATVI & Others to Watch
Activision Blizzard's (ATVI) upcoming Call of Duty: Mobile is expected to provide it a competitive edge in the crowded mobile games space.
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This Is the ‘Best-Positioned’ Videogame Stock, Analyst Says
Shares of Activision Blizzard have risen steadily since February. One analyst says that they can keep rising.
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Call of Duty: Mobile Launches October 1
Activision, in collaboration with Tencent, today announced that Call of Duty®: Mobile will launch on October 1 in all countries where Google Play and App Store are supported with the exceptions of Mainland China, Vietnam and Belgium. Call of Duty: Mobile is the definitive, first-person action experience that for the first time ever delivers fan-favorite maps, modes, weapons and characters from across Call of Duty, including the Modern Warfare® and Black Ops series, in one complete mobile package. Call of Duty: Mobile, developed by Tencent’s award-winning Timi studio and published by Activision, is free-to-play on Android and iOS devices.
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Beware the Rally in Activision Blizzard Stock
The long-awaited rally in Activision Blizzard (NASDAQ:ATVI) stock finally has arrived. Activision Blizzard stock plunged in last year's fourth quarter and spent the first seven-plus months of 2019 trading sideways. Of late, however, ATVI has been on fire.Source: Piotr Swat / Shutterstock.com Indeed, as of Aug. 14, ATVI stock was down 2.8% year-to-date. Since then, its chart shows that Activision Blizzard stock is up 18% year-to-date. The launch of "World of Warcraft Classic" on Aug. 27 appears to have provided a particular boost of late.But the long-term problem for Activision Blizzard that I highlighted back in 2017 still holds. This is not a company that has posted significant earnings growth this decade.InvestorPlace - Stock Market News, Stock Advice & Trading TipsATVI stock has gained nicely, to be sure -- and its earnings per share have risen nicely. But that EPS growth has come from three catalysts. First, Activision Blizzard made a huge share repurchase from stakeholder Vivendi (OTCMKTS:VIVHY) at less than $14 per share, a quarter its current price. Second, tax reform increased after-tax income. And, third, the acquisition of King Digital appears to have been a smashing success.The core product portfolio, however, has driven minimal earnings growth for years now. Until and unless that changes, the rally in ATVI stock is going to come to an end. ATVI's Growth Problem ContinuesBack in 2010, Activision Blizzard posted non-GAAP net income of $991 million. 2019 guidance suggests a much higher figure: $1.4 billion.On its own, that number isn't all that impressive. It's a 58% increase total -- or about 5.1% annual growth. But consider two other factors. * 7 Momentum Stocks to Buy On the Dip First, Activision Blizzard's tax rate has come down. The non-GAAP figure was 29% in 2010 and was guided to 20% this year on the second-quarter conference call. That alone created over 12 percentage points of growth. Second, Activision acquired King, whose 2015 net profit was over $600 million. Activision Blizzard's total growth in nine years is less than that.The two biggest hits in the Activision Blizzard portfolio -- "World of Warcraft" and "Call of Duty" -- seem to have been relatively stagnant. Elsewhere, performance has been mixed. "Candy Crush" continues to grow, as it and Zynga (NASDAQ:ZNGA) prove there's more life in social gaming than skeptics believed.But "Overwatch" revenues, according to ATVI's U.S. Securities and Exchange Commission Form 10-K, declined in both 2017 and 2018. "Diablo" has been solid, but not quite a hit. The same likely is true for "Hearthstone." "Skylanders" went on hiatus in 2017, despite the fact that Disney (NYSE:DIS) discontinued "Infinity" the year before.Qualitatively, the portfolio seems to have some holes. Even with the launch of Classic, "World of Warcraft" seems long in the tooth. The same is true for "Call of Duty." Elsewhere, there isn't anything that really qualifies as a hit. And that seems like a problem given that Activision Blizzard stock now is trading at over 27 times its 2019 EPS guidance. Where's the Catalyst for Activision Blizzard Stock?If that's the case, why has ATVI stock rallied? As noted, "World of Warcraft Classic" has posted big numbers, and that appears to have helped lately.But Wall Street also has turned bullish in recent weeks. Activision Blizzard stock has received multiple upgrades this month alone. The "World of Warcraft" re-launch and the new "Overwatch" game for the Nintendo (OTCMKTS:NTDOY) Switch both seem to be helping.The Street sees 2019 adjusted EPS of $2.19 against $2.02 guidance, given Activision Blizzard's long-running penchant for sandbagging its guidance. 2020 consensus implies 15% growth next year.That said, the rally of late seems to have incorporated that good news. Even backing out net cash, ATVI stock trades at over 21 times forward earnings. The average Street target price is $56.21, less than 1% above Monday's close of $55.78.And the re-launch of old products might help 2019 and 2020 numbers -- but they don't do much for 2021 and beyond. This still is a company that needs a hit. It hasn't really had one this entire decade (depending on how an investor feels about "Overwatch"). The company can only go for so long milking existing franchises and cutting costs, as it did with layoffs earlier this year.Esports often is cited as a catalyst, but this is a company with a $42 billion market cap. "Overwatch" franchise fee costs of $50 million don't necessarily move the needle all that much. Activision Blizzard, and Activision Blizzard stock, need another big-time game. At least at the moment, there doesn't appear to be one on the horizon. The Case for ATVI StockTo be sure, it's possible that the existing base is enough, or close. Activision Blizzard can keep repurchasing shares. Esports will help. The re-launches should as well. Investors still look reasonably bullish on video games.But investors at the moment should also heed the lesson of rival Electronic Arts (NASDAQ:EA). EA stock saw a big rally earlier this year when "Apex Legends" opened big. But the initial buzz faded, and so did Electronic Arts stock. It's down about 7% from those levels in roughly seven months, during which time the broad market has gained and Take-Two Interactive (NASDAQ:TTWO) has bounced some 40%.And it's worth noting that, backing out its cash, EA stock trades at less than 17 times 2020 consensus EPS, a large discount to ATVI stock. It wouldn't be stunning to see a similar story play out with Activision Blizzard stock. Fading "World of Warcraft Classic" numbers remove the catalyst from the stock. Forward multiples compress below 20 times. And ATVI heads back below $50. That's probably not enough for a short case -- but it's certainly enough to be careful after the rally of the past few weeks.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Beware the Rally in Activision Blizzard Stock appeared first on InvestorPlace.
- American City Business Journals
Esports network VENN set to launch in 2020 with $17 million seed funding
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Is Activision Blizzard Stock Set to Rally 16% to $65?
Shares of Activision Blizzard (NASDAQ:ATVI) have been slowly but surely making a comeback. Activision Blizzard stock is up 20% so far in 2019, thanks in large part to the near-24% rally it's experienced over the past month.Source: NPS_87 / Shutterstock.com That said, the stock is still well off its highs. For instance, ATVI stock is still down 30% over the past 12 months. Is now the time to buy Activision stock, while it's regaining some bullish momentum but it's still well below its former highs?According to several analysts, the answer may be yes. But no one is expecting ATVI to return to its 52-week high near $85, at least not yet.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why Activision Blizzard Stock Can Reach $65September has been a busy month for the analysts who cover ATVI. On Sept. 4, BMO Capital Markets gave the shares a buy-equivalent rating and assigned a $60 price target to ATVI stock. * 7 Momentum Stocks to Buy On the Dip Since then, ATVI stock has received three more buy-equivalent ratings, all with $65 price targets. From current levels, that implies about a 16% gain by Activision Blizzard stock. While $65 is still a long way from the all-time high, a 16% rally is nothing to scoff at.Stifel, which issued one of the three recent bullish calls on Activision Blizzard stock, cited improving fundamentals in 2020 and easy comparisons next year. The company's upcoming BlizzCon event and the launch of its new Call of Duty game this fall could also be positive catalysts for ATVI stock. The firm added Activision Blizzard stock to its Select list.Also upgrading ATVI this month was Nomura, which assigned a "buy" rating and a $64 price target. The firm argued that Activision's recently launched World of Warcraft Classic game has "strong, above-average engagement" metrics. And like Stifel, Nomura believes the BlizzCon event can be a positive catalyst for ATVI stock. Valuing ATVI StockATVI has definitely had a tough 2019, and Activision Blizzard stock has paid the price. Analysts' average estimate calls for the company's revenue to sink 12.7% this year and for its earnings to drop nearly 16%. Ouch.But now Activision Blizzard stock is starting to gain some momentum among both investors and analystsThat's partly because we're coming into a seasonally strong time of the year. Video-game companies benefit from the holiday blitz, particularly when the economy is doing well.It also helps that there's only a few months left in 2019. As Stifel noted, the easier year-over-year comparisons in 2020 should help spark more optimism towards Activision Blizzard stock.For 2020, average estimates call for a roughly 10% rebound in sales and a 15.5% recovery in earnings. Analysts, on average, still expect the company's 2020 results to come in below its 2018 numbers, but a rebound is at least a step in the right direction. If ATVI builds on the momentum it's expected to have in 2020, Activision Blizzard stock could reach new highs. Trading Activision Stock Click to EnlargeActivision Blizzard stock has easily outperformed its closest peers over the past month, as it's jumped almost 24% during that time. That compares to the roughly 6% rally by Electronic Arts (NASDAQ:EA) and the approximately 2% decline by Take-Two Interactive (NASDAQ:TTWO) over the same period.However, going back further, the story has been different. For instance, all three names are up similar amounts so far in 2019. ATVI is up 20%, while EA and TTWO are up 26% and 25%, respectively. Over the past year though, ATVI's 30% decline is far worse than the 12% decline by EA and the 3% fall by TTWO.Activision Blizzard stock made an important move last month, pushing through $50 and rising into the mid-$50s. It's now consolidating between $55 and $57, as bulls try to work up the energy to push the shares even higher.Can they do it?Near $57 -- the top of the recent consolidation zone -- is the 61.8% retracement of the one-year range. If Activision Blizzard stock is able to push through that level, the 50% retracement at $62.26 is the next upward target. By reaching that level, ATVI stock would also fill the gap from all the way back in November.If ATVI stock can push through that zone, then the recently popular price target of $65 will be on the table.If the 61.8% retracement level act becomes resistance to Activision Blizzard stock, ATVI could drop. If that happens, look to see if the 20-day moving average can lift the name. Bulls desperately want to see ATVI stock stay above the $50 mark now, though.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Is Activision Blizzard Stock Set to Rally 16% to $65? appeared first on InvestorPlace.
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Take-Two's (TTWO) Borderlands 3 Launch Boosts Gaming Lineup
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Electronic Arts Expands Portfolio With the Release of NHL 20
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Why Activision Blizzard Stock Is Finally Rebounding
In retrospect, the recent rally of Activision Blizzard (NASDAQ:ATVI) stock shouldn't be the least bit surprising. Activision Blizzard stock struggled last year, but the selloff of Activision Blizzard stock was much greater than the proverbial crime ATVI had committed. A rebound was largely inevitable, particularly once analysts got on board.Source: NPS_87 / Shutterstock.com Although ATVI stock is now overbought and ripe for a little bit of profit-taking, a new, bullish outlook has been established that replaces the older, pessimistic one.In other words, analysts' upgrades and price target hikes are good reasons to put Activision Blizzard stock back on your radar.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The Excessive Punishment of ATVI StockJust a little over a year ago, video-game publisher Activision Blizzard could seemingly do no wrong. In 2018, ATVI stock reached what would eventually be a record high, and it had proven to be one of the top trades of 2017 and 2018.Then it all unraveled. A combination of lackluster demand for its newest Call of Duty entry, the strength of the hit online game Fortnite, a poor holiday-season outlook and the fact that its World of Warcraft game wouldn't be revised in 2019 all contributed to a tumble of more than 50% by Activision Blizzard stock.Other, more philosophical blunders were also made, such as failing to keep a finger on the pulse of how gamers are buying their titles and what sort of games they want.It all made Activision Blizzard stock an easy target for short sellers and bearish analysts. Indeed, the surprisingly poor numbers and the ensuing downgrades caused ATVI stock and the shares of its rivals, Electronic Arts (NASDAQ:EA) and Take-Two Interactive Software (NASDAQ:TTWO), to drop sharply.Now the opposite scenario appears to be unfolding. What They Said and What It Means"Going forward, ATVI should benefit from lapsed players coming back to games like Call of Duty or Overwatch as excitement around Fortnite cools," wrote BMO Capital's Gerrick Johnson in the note accompanying his upgrade of Activision Blizzard stock. Gerrick goes on to say, "Also, the idea that Fortnite exposed a new generation of gamers (including many females) to the shooter genre could be an added tailwind for ATVI."Also bullish on ATVI stock recently was Instinet analyst Andrew Marok. He upgraded ATVI stock from "Neutral" to "Buy,",contending that the recent "launch of World of Warcraft Classic has driven strong, above-expectations engagement in the franchise."Stephens analyst Jeff Cohen just upgraded Activision Blizzard stock as well, pointing out the potential of its upcoming Call of Duty title and saying "We believe 2019 numbers are now de-risked due to the successful launch of World of Warcraft Classic and the announcement of a Nintendo Switch port for Overwatch."The common themes are crystal-clear.The real underpinnings for more gains by Activision Blizzard stock, however, transcend the words. Look at the bigger picture, and specifically, the timing and speed at which that picture is improving. It's all falling into place at the same time for ATVI, and that provides a powerful, positive, upward push.Johnson even acknowledged as much, noting to investors "we are increasing the valuation multiple (on Activision Blizzard stock ) to 20x from 17x. As investors get more comfortable with the turnaround story and as new catalysts develop, we believe the company's valuation multiple will expand." The Bottom Line on Activision Blizzard StockActivision Blizzard isn't just the beneficiary of improving sentiment, to be clear. ATVI has thought a great about the business of designing and then selling video games.It knows it has to push its way deeper into eSports. It also knows it has to respect and even fear the rise of mobile gaming and independently-developed titles. It knows the days of disc-based and cartridge-based sales are numbered, and that they will be replaced by digital downloads, which opens the door to all sorts of competition.It's addressing those challenges though. For example, it's ramping up its eSports efforts, leveraging Overwatch. The company has tapped ratings agency Nielsen Holdings (NYSE:NLSN) to measure the fiscal benefit of sponsoring eSports events, which is a hint of a growing monetization push.Still, more than anything else, Activision Blizzard stock is compelling again, mostly because investors are starting to believe in it again.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Why Activision Blizzard Stock Is Finally Rebounding appeared first on InvestorPlace.
- MarketWatch
Activision and 3 more momentum stocks to watch
Activision Blizzard (ATVI) rose 54 cents to $55.45 on 10.9 million shares Thursday, more than 1 1/2 times its average volume. The move, on an analyst upgrade of the electronic gaming company, popped the stock to as high as $57.52 intraday, above lateral resistance, before it backed off. Lattice Semiconductor (LSCC) jumped 88 cents, or 4.3%, to $21.01 on no news.
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Activision Blizzard's Call of Duty: Modern Warfare Now in Beta
Beta of Activision Blizzard's (ATVI) upcoming Call of Duty: Modern Warfare game is now available exclusively for PlayStation 4 users.
- Investor's Business Daily
Is Activision Blizzard Stock A Buy Right Now?
Activision stock is down as gamers move to mobile and even free games. Here is what the fundamentals and technical analysis say about buying ATVI stock now.
- Business Wire
Call of Duty: Modern Warfare Multiplayer Beta Starts Today
Today, the highly-anticipated Call of Duty®: Modern Warfare® beta* kicks-off for PlayStation 4 fans to get hands-on with an early look of the game’s critically-acclaimed multiplayer. Throughout the weekend, Infinity Ward will be logging valuable feedback and gameplay information ahead of the game’s global launch on October 25.
- Barrons.com
Activision Blizzard Stock Keeps Rising as 2 More Analysts Join the Bullish Parade
Shares of the videogame maker are up 20% in the past month, as Wall Street gets more bullish about World of Warcraft Classic and Call of Duty: Modern Warfare
- Benzinga
Nomura Upgrades Activision Blizzard, Bullish On 'WoW Classic' And 'Overwatch'
Marok said last month’s launch of "World of Warcraft Classic" has driven “strong, above-expectations engagement,” and "Overwatch" has added new features and a launch on Nintendo Switch. “This provides a much more favorable backdrop heading into November’s BlizzCon, which we expect will see the reveal of a "World of Warcraft" expansion for 2020 release and at least one of "Diablo 4" (more likely) or "Overwatch 2," which are both in development,” he wrote in a note. Marok also likes a positive initial review reception for the new "Modern Warfare" game launching next month, among other game-specific tailwinds he sees for the company.
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Disney Rumored to Offload FoxNext Ahead of Disney+ Launch
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Activision Blizzard Stock’s Rebound Will Run Out of Steam
Gaming stocks are finally showing a little life again. After a dreadful couple of quarters, the gaming names have started to recover from their worst levels. Activision Blizzard (NASDAQ:ATVI) stock, in particular, is back to the $56 range after reaching $40 earlier this year.Source: Lauren Elisabeth / Shutterstock.com Is the optimism justified? Some analysts and traders are excited to see Activision Blizzard stock benefiting from product launches and events that will build engagement with the company's audience. Other observers, however, see Activision as a floundering company that has not achieved much in the way of long-term strategic goals.Which of these viewpoints will play out for ATVI stock over the next year?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dueling AnalystsAnalysts have taken opposite stances on ATVI stock so far this month. Stifel just raised its price target for Activision Blizzard stock from $57 to $65 last week. It did this because the company had poor sales figures last year. This, in turn, sets up strong comparisons for Activision going forward. Stifel noted the upcoming release of the next "Call of Duty" game along with the BlizzCon event as positive catalysts to help give the ATVI stock price a boost.While Stifel sees a clear path of short-term upside for Activision Blizzard stock, Cowen's Doug Creutz disagrees. He says that potential BlizzCon buzz is already priced into ATVI stock, given the recent run in Activision's share price. Meanwhile, Creutz put a damper on the "World of Warcraft Classic" excitement, saying that the enthusiasm will be difficult to monetize. * 10 Battered Tech Stocks to Buy Now Creutz values ATVI stock at just $48 per share. That'd be 15% downside from the current share price. He says that while Activision has some interesting opportunities coming up, the company has a lot to prove, given its poor organic growth performance over the past decade. Is Activision's Long-Term Strategy Working?As Creutz noted, Activision Blizzard stock has not been a great long-term performer. That's in part because management hasn't fully adapted to today's changing gaming landscape. They have made some reasonable moves, such as acquiring the King studio for mobile gaming.Overall, however, it seems they are a little short in terms of innovation. With "Call of Duty," for example, how long will they keep going with the one release a year model that doesn't change up the formula too much? "Call of Duty" sales have been declining in recent years -- there's only so much you can get from a brand before people tire of it.More broadly, Activision still relies heavily on single-time game purchases, which goes against the grain. Investors want more subscription or downloadable content recurring revenue streams. It's achieved those more favorable revenue splits within the Blizzard and King divisions. Unfortunately, those are not where Activision's blockbuster new games are coming from, and within that category, rivals like "Fortnite" continue to outshine Activision's content. Activision Blizzard Stock ValuationOn the one hand, you can certainly defend Activision's financial performance in recent years. Revenues, for example, are up from $4.6 billion in 2013 to $7.1 billion in the most recent year. Even accounting for the King acquisition, Activision has certainly been able to expand its overall business. The company hasn't let the growth of the gaming industry completely pass it by. Rivals like EA (NASDAQ:EA) and Take-Two (NASDAQ:TTWO) have outperformed ATVI stock, however.Activision's skeptics, however, would note that annual operating income is only up from $1.5 billion to $2 billion over the same stretch. Ideally, you'd expect more of that revenue growth to filter down to the bottom line. That's because digital transactions, subscriptions and micro-transactions/DLC content were all supposed to boost profit margins. Yet, Activision hasn't seen margins really explode as it has scaled up.In any case, Activision Blizzard stock is currently trading for 26x trailing earnings. That's not cheap, particularly for a hit-centered business. As Activision moves more to recurring revenues, it should be able to sustain a higher valuation ratio. Still, 26x earnings is quite steep. Analysts have forward earnings at a consensus 22.5x, which is much more reasonable.But those forward earnings estimates, in turn, require upcoming game launches to deliver on expectations. InvestorPlace's Luke Lango makes a solid argument for how Activision could have a stellar 2020. However, management will have execute before the market is going to reward Activision Blizzard stock with a much higher share price. My Verdict on ATVI StockIf you bought Activision Blizzard stock in 2017 or 2018, you might be tempted to argue that ATVI stock is still cheap here. After all, it hit $85 last year, so $56 must be a deal, right?But I don't think it's that simple. Activision, and the rest of the gaming stocks, got wildly overvalued last year. The sector faced reality earlier this year, with ATVI stock bottoming at $40. Since then, shares have rebounded more than 30% off the lows. That's plenty of upside, given the company's uncertain operating performance. Don't let the discount to last year's share price fool you. At 26x earnings, Activision Blizzard stock still comes with plenty of risk.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post Activision Blizzard Stock's Rebound Will Run Out of Steam appeared first on InvestorPlace.
- Investor's Business Daily
Dow Jones Today Turns Red After China Tariffs, ECB Stimulus Boost; Activision, Visa Stock Rise
Visa stock ran on the Dow Jones today, as LKQ and Activision lead as stock turn mixed early Thursday, despite a positive ECB vote and fresh trade war news.
- MarketWatch
Activision Blizzard stock gains after Instinet upgrade
Shares of Activision Blizzard Inc. are up 3.1% in Thursday trading after Instinet analyst Andrew Marok upgraded the stock to buy from neutral. "Last month's launch of 'World of Warcraft Classic' has driven strong, above-expectations engagement in the franchise (Twitch-record viewership, long wait times for matches)," Marok wrote. "In addition, 'Overwatch' has recently added new features (Workshop, role locks for more dynamic competitive matches) and last week announced a launch on the Nintendo Switch." He sees this leading to a favorable setup ahead of the company's BlizzCon convention in November, when the publisher is expected to reveal a 2020 "World of Warcraft" expansion and "at least one of" "Diablo 4" or "Overwatch 2." Activision's stock is up 26% in the past three months as the S&P 500 has climbed 4.2%.
- Investing.com
Stocks - Wall Street Rises as Trump Delays China Tariffs; ECB Cuts Rates
Investing.com - Wall Street rose on Thursday after U.S. President Donald Trump delayed an expected tariff hike on Chinese imports, while the European Central Bank cut interest rates and re-introduced its purchasing buyback program in a bid to boost economic growth in the eurozone.
- TheStreet.com
[video]Activision Blizzard Shares Activate on Analyst Upgrade
Activision Blizzard shares receive an upgrade from analysts at Nomura Instinet, who note its recent and upcoming game launches are generating positive sales and buzz.
