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X @Bloomberg
Bloomberg· 2025-07-15 19:58
Game Development & Release - Krafton is extending the bonus period for employees working on 'Subnautica 2' [1] - The release of 'Subnautica 2' has been pushed out to next year [1] Legal Issues - The former leadership group of developer Unknown Worlds has filed a complaint for breach of contract [1]
Should You Buy Take-Two Stock Around $235?
The Motley Fool· 2025-07-15 00:22
Investors are keen on Take-Two Interactive's (TTWO 1.86%) prospects with the blockbuster release of Grand Theft Auto VI less than a year away. The Grand Theft Auto franchise has become a cornerstone of pop culture and has been one of the best-selling video game series of all time. Scheduled to debut on May 26, 2026, the newest installment will tap into a huge fanbase that's anxious to jump into a new adventure -- it has been 12 years since the previous release of Grand Theft Auto V. The featured song in the ...
X @Bloomberg
Bloomberg· 2025-07-11 04:36
A Polish studio developing the Witcher video-game franchise has become one of Europe’s most richly valued companies, with its shares rising 40% this year https://t.co/BhfcgdoeHf ...
Motorsport Games Celebrates Significant Month for Le Mans Ultimate and Studio 397
Globenewswire· 2025-07-09 20:10
Core Insights - Motorsport Games Inc. has achieved significant operational milestones for its game Le Mans Ultimate and its online racing system RaceControl, enhancing user experience and engagement [1][4][5] Group 1: Game Development and Updates - In June 2025, Motorsport Games executed major updates for Le Mans Ultimate, including support for Teams and Driver Swaps, and Custom Liveries for RaceControl Pro subscribers [3] - The game transitioned to "version 1.0" on June 13, 2025, introducing two new cars for all players and confirming the addition of the European Le Mans Series as an expansion [3][4] - The company plans to release new content on July 22, 2025, including quality of life fixes and the highly anticipated Career Mode expected in early 2026 [6] Group 2: Performance Metrics - Le Mans Ultimate reached an all-time peak concurrent player count, surpassing initial launch levels from February 2024 and more than doubling the previous month's figures [4] - The game generated revenues approximately eleven times faster than the prior title, rFactor 2, over the past eighteen months [4] - Subscriptions to the RaceControl service grew by 148% in June 2025 compared to the previous month, setting new monthly revenue records since its launch in December 2024 [4] Group 3: Company Vision and Strategy - Motorsport Games aims to create racing games that are authentically close to reality while building a comprehensive virtual racing ecosystem [6] - The company is focused on enhancing its esports offerings, including the renowned Le Mans Virtual Series, to drive excitement and engagement among racing fans [6]
X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-07-07 01:21
Rumor has it we’re getting Pudgy Party (from the same crew that put out FIFA and NFL rivals) before end of AugustPersonally I’m pretty excited to try it…Fall Guys is one of the few party games I play with friends these days, and footage I’ve seen from this looks relatively similar.Gaming on Polkadot is very much alive. Hopeful for anothew W for Mythical Games. We will get mainstream videos games with crypto integration eventually. Just will look different than what everyone thought for the last few years.My ...
Electronic Arts (EA) Upgraded to Buy: Here's Why
ZACKS· 2025-07-03 17:00
Electronic Arts (EA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...
X @Decrypt
Decrypt· 2025-07-03 14:22
RT GG (@ggDecrypt)EverQuest, Planetside Co-Creator Reveals Open-World Shooter Game 'Reaper Actual'► https://t.co/lJ8Jr1iwkZ https://t.co/lJ8Jr1iwkZ ...
X @Bloomberg
Bloomberg· 2025-07-03 07:08
Business Strategy - Sega is collaborating with international partners to facilitate expansion in Asia [1] - The company aims to reduce its dependence on the Japanese market [1]
2 Top Stocks That Could Soar in 2025 and Beyond
The Motley Fool· 2025-06-28 08:50
Group 1: Carnival - Carnival is experiencing strong demand and financial performance, with fiscal Q2 revenue reaching $6.3 billion, leading to a trailing-12-month revenue of $25.4 billion, surpassing pre-pandemic levels of $20.8 billion in fiscal 2019 [3][5] - The stock price has more than doubled in the past three years, and the current forward price-to-earnings multiple is 12.5, indicating potential for further shareholder returns through improved margins [4] - Adjusted net income for Carnival exceeded guidance at $470 million, with expectations to reach $2.7 billion for the full year, up from $1.9 billion last year [5] - The launch of Celebration Key as a new cruise destination is expected to drive profitable growth, with attractions designed to enhance guest experience and increase ticket prices and margins [6][7] - Wall Street is underestimating Carnival's transformation into a brand that offers exclusive destinations, which could lead to attractive returns for shareholders [8] Group 2: Nintendo - Nintendo's stock has seen significant appreciation, with a 338% increase since late 2016, outperforming the S&P 500's 172% return [9] - The video game industry is valued at $180 billion, with Nintendo owning valuable intellectual properties like Mario Bros and Zelda, and the Switch console achieving record sales of 152 million units [10] - The recent launch of Switch 2 has been successful, selling over 3.5 million units in the first four days, indicating strong market demand [10] - While hardware sales are low-margin, Nintendo expects to sell more games for Switch 2 than the original Switch sold in its first 10 months, setting the stage for strong earnings growth [11] - Analysts have a price target of $34.90 for Nintendo, suggesting a 52% upside from the current share price of $23, with sales expected to double this year [13]