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ElectronicArts


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Electronic Arts Inc <EA.OQ> expected to post earnings of 43 cents a share - Earnings Preview

Electronic Arts Inc expected to post earnings of 43 cents a share - Earnings Preview Electronic Arts Inc EA.OQ EA.O is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2024 The Redwood City California-based company is expected to report a 18.5% decrease in revenue to $1.286 billion from $1.58 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.The company's guidance on May 7 2024, for the period en
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What to Watch in the Week Ahead and on Monday, July 29

What to Watch in the Week Ahead and on Monday, July 29 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY McDonald's is expected to post a smaller growth in second-quarter revenue as customers cut back on dining out amid persistent inflation.
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Hollywood's videogame performers to strike over AI, pay concerns

UPDATE 1-Hollywood's videogame performers to strike over AI, pay concerns Adds analyst comments in paragraphs 7,8,14,15 By Danielle Broadway July 25 (Reuters) - Videogame voice actors and motion-capture performers have called a strike over failed labor contract negotiations focused around AI-related protections for workers, bringing about another work stoppage in Hollywood.
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Hollywood's videogame performers to go on strike over AI, pay concerns

Hollywood's videogame performers to go on strike over AI, pay concerns By Danielle Broadway July 25 (Reuters) - Videogame voice actors and motion-capture performers have called a strike over failed labor contract negotiations focused around AI-related protections for workers, bringing about another work stoppage in Hollywood. The SAG-AFTRA has called a strike of the Interactive Media Agreement that covers video game performers, effective July 26, the union said on Thursday.
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Video Game Producers Say Remain Prepared To Resume Negotiations

BRIEF-Video Game Producers Say Remain Prepared To Resume Negotiations July 25 (Reuters) - SPOKESPERSON FOR THE VIDEO GAME PRODUCERS PARTY ON SAG AFTRA STRIKE: WE REMAIN PREPARED TO RESUME NEGOTIATIONS SPOKESPERSON FOR VIDEO GAME PRODUCERS ON SAG-AFTRA STRIKE: FOUND COMMON GROUND ON 24 OF 25 PROPOSALS, INCLUDING WAGE INCREASES Further company covera
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AFTRA Members Who Work On Video Games Go On Strike - Statement

BRIEF-SAG-AFTRA Members Who Work On Video Games Go On Strike - Statement July 25 (Reuters) - SAG-AFTRA MEMBERS WHO WORK ON VIDEO GAMES GO ON STRIKE - STATEMENT SAG-AFTRA: CALLED A STRIKE EFFECTIVE JULY 26 AT 12:01 A.M Source text: [ https://tinyurl.com/49yc7rfx ] Further company coverage: DIS.N
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U.S. Armada Hoffler Properties, Morphic Holding, Solid Biosciences

U.S. RESEARCH ROUNDUP-Armada Hoffler Properties, Morphic Holding, Solid Biosciences July 15 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Armada Hoffler Properties, Morphic Holding and Solid Biosciences, on Monday. HIGHLIGHTS * Armada Hoffler Properties Inc AHH.N : Jefferies cuts to hold from buy * Morphic Holding Inc MORF.O : Jefferies cuts to hold from buy * Solid Biosciences Inc SLDB.O : JP Morgan raises to over
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Jefferies sees video game industry bouncing back to growth in 2025

BUZZ-Jefferies sees video game industry bouncing back to growth in 2025 ** Jefferies sees FY25, FY26 as new high watermarks for the video game industry, returning to growth through a mix of new content, evolving business models and new platforms ** Brokerage initiates Electronic Arts EA.O with "buy" and PT of $165 ** Says, EA unrivaled in sports an
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U.S. CoreCivic, Eli Lilly, 40

U.S. RESEARCH ROUNDUP-CoreCivic, Eli Lilly, WD-40 July 11 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CoreCivic , Eli Lilly and WD -40, on Thursday. HIGHLIGHTS * Antero Resources Corp AR.N : Gerdes Energy Research raises to buy from neutral * CoreCivic Inc CXW.N : Jonestrading initiates coverage with hold rating * Costco Wholesale Corp COST.O : Jefferies raises target price to $1050 from $860 * Eli Lilly LLY.N :
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EQT’s $3 bln gaming play hits the right buttons

BREAKINGVIEWS-EQT’s $3 bln gaming play hits the right buttons The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Oliver Taslic LONDON, July 3 (Reuters Breakingviews) - EQT EQTAB.ST has found a solid strategy for investing in the unreliable gaming market. The Swedish buyout shop is splurging 2.1 billion pounds on Keywords Studios KWS.L , a business that services game designers like Nintendo 7974.T .
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U.S. CarMax, Eli Lilly, MicroStrategy

U.S. RESEARCH ROUNDUP-CarMax, Eli Lilly, MicroStrategy June 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CarMax, Eli Lilly and MicroStrategy, on Monday. HIGHLIGHTS * CarMax Inc KMX.N : RBC raises target price to $75 from $73 * Eli Lilly LLY.N : Jefferies raises target price to $1,015 from $994 * MicroStrategy Inc MSTR.O : Canaccord Genuity cuts target price to $1,826 from $2,047 * Sharecare Inc SHCR.O : Canacco
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Snowflake’s growth story is worryingly typical

BREAKINGVIEWS-Snowflake’s growth story is worryingly typical The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pranav Kiran TORONTO, May 23 (Reuters Breakingviews) - Investors in data software firm Snowflake SNOW.N are partying like it’s 2021. The company’s revenue is growing, thanks to how it helps clients organize data to train artificial intelligence models.
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S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change First Solar Inc FSLR.OQ +17.5% Moderna Inc MRNA.OQ +13.6% Analog Devices Inc ADI.OQ +8.9% Enphase Energy Inc ENPH.OQ +8.5% Electronic Arts Inc EA.OQ +4.5% Bottom Performers Percent Change Lululemon Athletica Inc LULU.OQ -8.3% Target Co
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Moderna Inc MRNA.OQ +9.4% Analog Devices Inc ADI.OQ +8.6% ON Semiconductor Corp ON.OQ +4.0% Electronic Arts Inc EA.OQ +3.9% Microchip Technology Inc MCHP.OQ +3.5% Bottom Performers Percent Change Lululemon Athletica Inc LULU.OQ -6.1% Tesla Inc TSLA.OQ -3.3% Baker Hughes Co BKR.OQ -3.0% Sirius XM Holdings Inc SIRI.OQ -2.8% PayPal Holdings Inc PYPL.OQ -2.5% The Nasdaq 100 .NDX gaine
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change PDD Holdings Inc PDD.OQ +3.3% Starbucks Corp SBUX.OQ +2.6% Tesla Inc TSLA.OQ +2.4% Advanced Micro Devices Inc AMD.OQ +2.3% CrowdStrike Holdings Inc CRWD.OQ +1.8% Bottom Performers Percent Change Dollar Tree Inc DLTR.OQ -2.6% Cognizant Technology Solutions Corp CTSH.OQ -2.1% Warner Bros Discovery Inc WBD.OQ -1.9% Lam Research Corp LRCX.OQ -1.8% Electronic Arts Inc EA.OQ -1.7% The N
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Take-Two expects 'GTA VI' launch in fall 2025, cuts bookings forecast

UPDATE 3-Take-Two expects 'GTA VI' launch in fall 2025, cuts bookings forecast Adds analyst comment in paragraph 8 & 11, company comment from conference call in paragraph 10 By Zaheer Kachwala May 16 (Reuters) - Take-Two Interactive Software TTWO.O tempered expectations for fiscal 2025 bookings on Thursday, after setting the release of "Grand Theft Auto VI" in the fall of calendar 2025. Shares of the New York-based company fell 2.5% in extended trading.
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Akamai Technologies forecasts weak second-quarter results, shares slump

Akamai Technologies forecasts weak second-quarter results, shares slump May 9 (Reuters) - Akamai Technologies AKAM.O forecast second-quarter revenue and profit below Wall Street estimates on Thursday, anticipating weak demand for its content delivery services amid concerns of slowing traffic growth. Shares of the Cambridge, Massachusetts-based company, which also provides cloud computing and security solutions, fell about 9% in aftermarket trading.
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Roblox tumbles on downbeat forecasts, results

BUZZ-Roblox tumbles on downbeat forecasts, results ** Shares of gaming platform Roblox RBLX.O tumble 29.3% to $27.60 premarket ** Co sees FY24 bookings between $4 bln and $4.10 bln, down from prior forecast of $4.14 bln and $4.28 bln ** Forecasts FY24 revenue between $3.45 bln and $3.53 bln, below Wall Street view of $4.19 bln - LSEG data ** Co exp
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Roblox forecast cut adds to videogame gloom, shares fall most in two years

UPDATE 2-Roblox forecast cut adds to videogame gloom, shares fall most in two years Rewrites throughout, updates shares, adds analyst comments in paragraphs 13, 14 By Zaheer Kachwala May 9 (Reuters) - Roblox RBLX.N cut its annual bookings forecast on Thursday, fanning concerns about a slump in the videogame industry and sending its shares down 23% to mark their worst day in more than two years.
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Roblox cuts annual bookings forecast on muted player spending

Roblox cuts annual bookings forecast on muted player spending By Zaheer Kachwala May 9 (Reuters) - Roblox RBLX.N cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The lowered forecast marks the latest downbeat report from the gaming industry, which has laid off hundreds of employees and shut studios this year to cope with declining demand.
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