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The Latest Breaking News from Michael Pachter

The End of Console Gaming: Analyst Predicts Expensive PS6, Next-Gen Xbox May Kill the Industry

Console gaming may be at its last legs should the PlayStation 6 and next-gen Xbox debut a super expensive pricing.

Player One

Five years after the short squeeze, GameStop’s CEO is betting on a ‘genius or totally foolish’ $100 billion-plus acquisition

CEO Ryan Cohen stands to receive $35 billion if he successfully delivers a $100 billion market capitalization for the company.

Fortune

GameStop Q2 Preview: Will Bitcoin, Trading Cards Overshadow Video Game Business?

Video game retailer GameStop Corporation (NYSE:GME) looks to show off its growth in collectibles and improving profitability when the company reports second-quarter financial results Tuesday after market close.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Analyst says EA plans to milk Battlefield for everything it's worth: 'Their goal is three studios making Battlefield on a 3-year basis, so they can get to Battlefield annually'

EA is reportedly building up to Call of Duty's exhaustive 12-month cycle.

PC Gamer

EA reportedly has big plans beyond Battlefield 6, wants to take on Call of Duty with a yearly release but it'll be "five or six years before we get two-in-a-row"

"Their goal is; three studios making Battlefield on a three-year basis"

GamesRadar

Analyst says "I expect a $100 price point" for GTA 6, estimates Rockstar's development cost is over $1.5 billion, and predicts it will earn "$10 billion lifetime and another $500 million annually from GTA Online"

Let's hope some of that ends up being wrong

GamesRadar

GameStop Is Plunging on a $1.75B Note Offering. How Should You Play GME Stock Here?

GameStop stock tanks as company announces plans of a convertible notes offering. Wedbush says Bitcoin strategy is not an adequate reason to buy GME shares.

Barchart

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GameStop slumps as its plan to sell debt to fund bitcoin purchases raises some questions

GameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street

The Independent UK

Stock Market Today: Auto Tariffs Send Stocks Lower

The main indexes snapped their win streaks after the White House confirmed President Trump will talk about auto tariffs after the close.

Kiplinger

'GTA VI' Rumored Launch Price: Here's How Much You May Need to Spend For the New Game

Rockstar Games has remained silent about everything Grand Theft Auto VI, but leakers have shared an idea how much it will cost.

Player One

Roblox Stock Plunges After Bookings, Users Fall Short of Expectations

Roblox stock is down Thursday after the gaming company came up short on key metrics for its fourth quarter. Here's what you need to know.

Kiplinger

GameStop Q3 Earnings Preview: Investors Want Bitcoin On Balance Sheet, Analyst Wants 'Hint Of Any Strategy'

GameStop Corp. (NYSE:GME) could provide a peek at holiday shopping demand when it reports third-quarter earnings after market close Tuesday.

Benzinga

Analyst blasts GameStop after meme stock surges on obscure Roaring Kitty post

Keith Gill mews. GameStop stock spikes. Wall Street scowls.

Fortune

Next Text: Showcasing the Brilliance of David Zaslav?

Our weekly back-and-forth also looks at the big Disney-DirecTV deal, Synamedia's 'Senza' cloud-based streaming dongle ... and the terrifying Big Ten fate of the once-proud UCLA football program

Broadcasting & Cable

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Kiplinger

GameStop Sinks on Revenue Drop, Stock Offering: What to Know

GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to raise cash.

Multichannel News

Next TV Summit: How Netflix ‘Pulled the Wool Over the Eyes of Media Companies,’ and How They Might Fight Back

Opening keynote features Michael Pachter, Jeffrey Cole discussing streaming, cable, broadcast

Kiplinger

Stock Market Today: Dow Outperforms as Merck Hits New High

The S&P 500 and Dow Jones Industrial Average snapped three-day losing streaks as drugmaker Merck rallied.

The Independent UK

Epic wins its antitrust lawsuit against the Play Store. What does this verdict mean for Google?

Google lost an antitrust lawsuit over barriers to its Android app store, as a federal court jury has decided that the company’s payments system was anticompetitive and damaged smartphone consumers and software developers

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news in one place.

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Zenger

What Amazon Investors Are Watching For When E-Commerce Giant Reports

After the closing bell, Amazon is expected to release its second-quarter financial report.

Los Angeles Times

Netflix adds better-than-expected 5.9 million subscribers amid password-sharing crackdown

Netflix saw a significant boost in new customers, thanks to its crackdown on password-sharing in more than 100 countries including the U.S., as well as its advertising-supported tier.

PC Gamer

GameStop says CEO 'has been terminated' as revenue falls and stock price plunges

Over on r/WallStreetBets, key to the meme stock surge of 2021, a lot of people seem very down too.

PC Gamer

This could be the end for Microsoft's bid to buy Activision Blizzard, but some analysts think it still has a chance

The UK has blocked the deal, but Microsoft says it will appeal. Analysts are mixed on whether it'll succeed.

Inverse

The Microsoft-Activision Deal Just Hit a Massive Roadblock

The massive Microsoft-Activision deal has hit a major stopping point, as the UK's Competition and Markets authority has officially blocked the deal.

Barchart

Don’t Let GameStop’s Unusual Options Activity Cloud Your Judgement

GameStop announced a small profit on Tuesday after the close. Wednesday’s stock and options volume went through the roof. GameStop has a long way to go before it’s worth owning for the long haul. Don’t let yesterday’s activity cloud your judgment.

Los Angeles Times

From Chris Rock to the SAG Awards. Why Netflix is dabbling in livestreaming

LOS ANGELES — For years, Netflix executives have been the biggest cheerleaders of TV bingeing.

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