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S&P 500 Gains and Losses Today: Electronic Arts Stock Pops on Buyout Talks; Costco Slips
Investopedia· 2025-09-26 20:35
Group 1: Electronic Arts - Electronic Arts shares surged nearly 15% following reports of a potential $50 billion deal to take the company private, which could be the largest leveraged buyout in history [3][7] - The group of investors involved includes Saudi Arabia's Public Investment Fund and private equity firm Silver Lake [3] Group 2: Costco - Costco's stock fell nearly 3% after reporting fiscal fourth-quarter results, where U.S. same-store sales growth fell short of expectations despite sales and profits exceeding analyst forecasts [9] - The company cited consumer caution regarding discretionary purchases and increasing competition as factors affecting performance [9] Group 3: General Market Trends - Major U.S. equity indexes ended a three-day losing streak, with the S&P 500 up 0.6%, Dow up 0.7%, and Nasdaq up 0.4%, driven by inflation data aligning with expectations [2] - The Federal Reserve may be on track to cut interest rates further due to the inflation gauge meeting expectations [2]
X @Investopedia
Investopedia· 2025-09-26 20:30
Shares of a video game maker surged on Friday, Sept. 26, 2025, as reports emerged about a possible takeover, while a big-box warehouse player stumbled after its earnings release. https://t.co/s4CkXgAcbY ...
Electronic Arts Is Said to Near Takeover by Silver Lake, PIF
MINT· 2025-09-26 19:58
Company Overview - Electronic Arts Inc. is in discussions to be taken private by a consortium led by Silver Lake Management and Saudi Arabia's Public Investment Fund [1] - The company is known for popular video game titles such as Madden NFL, The Sims, and Battlefield [1] Market Reaction - Shares of Electronic Arts rose by 14% to $192.26, resulting in a market value of approximately $46 billion [2] - The potential takeover could be one of the largest deals announced in 2025 and possibly the largest leveraged buyout in history [2] Recent Performance - After a challenging start to 2025 due to the underperformance of EA Sports FC 25, Electronic Arts reported "better-than-expected contributions" across its portfolio in its latest earnings call [3] - The company is set to release Battlefield 6 on October 10, competing with Microsoft Corp.'s Call of Duty in the video game shooter market [3] Industry Context - The discussions for the takeover occur during a period of sluggish growth in the video game industry, which has seen significant job losses over the past three years following a surge in players during COVID-19 lockdowns [4] - Earlier in the year, Electronic Arts conducted mass layoffs, marking its third such event since 2023 [4]
Electronic Arts stock surges on go-private talks: report
Proactiveinvestors NA· 2025-09-26 19:44
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1][2] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive specializes in medium and small-cap markets while also keeping the community updated on blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Electronic Arts will reportedly be acquired for $50B
TechCrunch· 2025-09-26 19:25
Group 1 - Electronic Arts (EA) is nearing a $50 billion sale to a group of investors including Silver Lake and Saudi Arabia's Public Investment Fund [1] - EA is known for its annual sports titles in franchises like Madden NFL, FIFA, and NBA Live, as well as popular video game series such as The Sims, Battlefield, Need for Speed, and Star Wars [1] - The potential deal could be the largest leveraged buyout in history, primarily funded with debt [2] Group 2 - Following the news of EA potentially going private, the company's stocks surged by 15% on Friday afternoon [2]
Electronic Arts To Go Private In Nearly $50 Billion Deal—Stock Soars
Benzinga· 2025-09-26 19:24
Core Viewpoint - Electronic Arts, Inc. is nearing a significant leveraged buyout deal potentially valued at $50 billion, which could become the largest in history [1][2][4]. Group 1: Company Overview - Electronic Arts is known for popular franchises such as FC (formerly FIFA), Madden NFL, and The Sims, with a current market capitalization of approximately $43 billion [3]. - The company reported net bookings of $1.298 billion in July, exceeding Wall Street's estimate of $1.25 billion, driven by strong performance across its portfolio [5]. Group 2: Financial Details - The potential buyout involves investors including Silver Lake and Saudi Arabia's Public Investment Fund, with an announcement expected soon [2]. - If completed, this deal would surpass the previous record for leveraged buyouts, which was set in 2007 with the acquisition of TXU for about $32 billion [4]. Group 3: Market Reaction - Following the news, Electronic Arts shares rose by 14.45% to $192.65, with other gaming stocks like Take-Two Interactive and Roblox also experiencing gains [6].
Electronic Arts Stock Pops on Report Videogame Maker Is Close to Going Private
Barrons· 2025-09-26 19:13
The Wall Street Journal reported that the videogame maker is close to making a deal that would take it private. ...
X @Bloomberg
Bloomberg· 2025-09-26 18:58
EA, the video-game company behind popular football and soccer titles, is close to a deal to go private, the Wall Street Journal reported, citing people familiar with the matter https://t.co/5j9eAnmDYh ...
Electronic Arts stock jumps 17% after report company nearing $50B deal to be taken private
CNBC· 2025-09-26 18:48
Core Insights - Shares of Electronic Arts increased by 15% following news of a potential $50 billion deal to take the company private [1] - This transaction could become the largest leveraged buyout in history, as reported by the Wall Street Journal [1] - Investors such as Saudi Arabia's Public Investment Fund and Silver Lake are expected to announce the deal soon, possibly next week [1]
Electronic Arts nears roughly $50 billion deal to go private, WSJ reports
Reuters· 2025-09-26 18:46
Videogame maker Electronic Arts is nearing a deal to go private for as much as $50 billion, the Wall Street Journal reported on Friday citing people familiar with the matter. ...