ZYNGA INC - CL A (ZNGA) Stock News
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ZNGA Latest News, Press Relases and Analysis
Why Take-Two (TTWO) Stock Is Trading Up Today
Shares of video game publisher Take Two (NASDAQ:TTWO) jumped 15.3% in the afternoon session after the company reported strong fourth-quarter results and provided quarterly revenue guidance and full-year EPS outlook, which beat analysts' expectations. The company also confirmed its much-anticipated GTA VI title will come out in the fall of this year. The pipeline for the year is also stacked with popular titles, including Civilization VII, Mafia, and Borderlands 4. Management was upbeat about the
Mentions: TTWO
Why Take-Two (TTWO) Stock Is Trading Up Today
Shares of video game publisher Take Two (NASDAQ:TTWO) jumped 15.3% in the afternoon session after the company reported strong fourth-quarter results and provided quarterly revenue guidance and full-year EPS outlook, which beat analysts' expectations. The company also confirmed its much-anticipated GTA VI title will come out in the fall of this year. The pipeline for the year is also stacked with popular titles, including Civilization VII, Mafia, and Borderlands 4. Management was upbeat about the outlook, with expectations for gradual improvements in net bookings in fiscal 2026 and 2027 as it rolls out its hit titles.
Mentions: TTWO
Reid Hoffman enters 'wondrous and terrifying' world of health care with latest AI startup
LinkedIn founder and venture capitalist Reid Hoffman has just launched drug discovery startup Manas AI, alongside Dr. Siddhartha Mukherjee, an oncologist.
Star Wars: Hunters Launches Soon on Steam Early Access – Full Release Expected in Mid-2025
NaturalMotion and Zynga are bringing their F2P third-person shooter game Star Wars: Hunter to PC via Steam Early Access.
Zynga owes IBM $45M after using 1980s patented technology for hit games
Zynga plans to appeal and confirms no games will be affected.
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Turkish VC That Earned 20-Fold Return Raises $250 Million Fund As Bek Ventures
A venture capital firm with notable hits in eastern Europe and Turkey has rebranded as Bek Ventures and raised a $250 million fund to invest in the region.
Mentions: PATH
Star Wars Hunters insists on blocking Galaxy Z Fold and other foldables
Zynga continues to block Samsung's Galaxy Z Fold series and other Android foldables, despite the game working just fine.
Take-Two Interactive Offers A Scaled Portfolio Of Mobile Games, Says Analyst
J.P. Morgan maintains an Overweight rating on Take-Two Interactive with a $200 target, citing positive trends in mobile gaming, particularly for Zynga. Management expresses confidence in mobile market growth and stability into 2024, highlighting consumer readiness to invest in new games.
Zynga opens preregistration for new Game of Thrones mobile game
Zynga released a trailer and opened preregistration on the App Store and Google Play for their new mobile role-playing game "Game of Thrones: Legends."
Hunt Says Lower UK Debt Interest Could Create Room for Tax Cuts
UK Chancellor of the Exchequer Jeremy Hunt suggested falling debt interest costs may give him headroom to deliver more tax cuts at a budget in the spring.
Take-Two Bet $12 Billion on Zynga, Just as Mobile Games Tumbled
Video-game giant’s push into smartphone titles was expensive and late.
This Global Broker Bets on China Despite Exodus, Grim Outlook
A steady drumbeat of global banks are scaling back their expansion plans, rainmakers in Hong Kong have a lot more free time as deals evaporate, and a key China stock index is on track for a third year of losses.
India Parliament Passes Last Few Bills With Opposition Absent
India’s parliament passed the remaining few bills on its agenda in the absence of most opposition lawmakers, who were suspended earlier this week for disrupting proceedings.
Take-Two's Grand Theft Auto VI trailer coming next month; Baird's excited
All eyes are on Grand Theft Auto VI. Well, on the trailer, anyway, which is coming out next month. Read more.
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Epic Games, Zynga, EA, Activision, Google Veterans Drive Onchain Gaming With Proof Of Play's $33M Funding
Proof of Play, a game studio established by veterans from Epic Games, Zynga, EA (NASDAQ: EA), Activision (NASDAQ: ATVI), and Google (NASDAQ:
Match Group is going steady with AI, appoints Zynga alum to lead AI-focused team
Match Group, the company behind dating apps like Tinder and OkCupid, is getting serious about its relationship with AI. After toying with some AI-powered
Take-Two gains 2% as bookings jump 20% with Zynga's help (NASDAQ:TTWO)
Take-Two Interactive Software (TTWO) rose 2% in early after-hours action Tuesday following a fiscal first-quarter report where the company boosted recurring bookings and updated...
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‘No way out’: how video games use tricks from gambling to attract big spenders
Controversy over tactics used by some firms to target players who are on track to spend high sums
Microsoft says it looked at acquiring Zynga but opted to go bigger with Activision
Microsoft has been eager to grow in mobile gaming to stay relevant with consumers, and previously had talks about acquiring Zynga.
Stocks moving in after-hours: Take-Two Interactive, Cisco
These are the stocks moving in after-hours on Wednesday, May 17, 2023.
Take-Two jumps by double digits after easy quarterly bookings beat (NASDAQ:TTWO)
Take-Two Interactive Software (TTWO) stock jumped 10.6% after hours Wednesday following fiscal fourth-quarter earnings where bookings jumped sharply and beat expectations, as investors...
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Take-Two misses on holiday bookings, guides to current-quarter slowdown (NASDAQ:TTWO)
Take-Two Interactive Software (TTWO) was 1% lower postmarket Monday following fiscal third-quarter earnings with mostly in-line profitability, but where it showed a bookings miss, and...
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Want to quit your job and run your side hustle full time? Start by working at one of these 5 companies
A new report from small business lending platform OnDeck looks at the large U.S. companies with the highest rates of former employees launching businesses.
Match Group CEO Kim sets up new leadership team, structure (NASDAQ:MTCH)
Match Group (MTCH) has announced its revamped leadership team under CEO Bernard Kim, the former Zynga president who took over in Q2 last year for Shar Dubey.The group will oversee four...
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After all the hook-ups, Tinder wants to redefine the relationship
Young people are breaking up with Tinder for apps that offer a more progressive dating experience. And it’s hurting Tinder’s bottom line.
Mentions: UBS
Aurora Sees Driverless Trucks On The Road By 2024
The autonomous truck company Aurora Innovation is driving freight across Texas for FedEx. Investors are valuing the company for cash. CEO and co-founder Chris Urmson remains confident.
Mentions: FDX
How Joby and Delta are making flying taxis a reality
CNBC got an inside look at Joby Aviation, a startup with grand ambitions of building eVTOL aircraft and operating an Uber-like air taxi service.
Take-Two Tumbles on Guidance. Grand Theft Auto Is Reason to Stay Positive, say analysts.
Weak spending on mobile in-game purchases hit the videogame developer's outlook.
Take-Two Tumbles After Forecast for Bookings Misses Estimates
(Bloomberg) -- Take-Two Interactive Software Inc. reduced its annual forecast for net bookings as a popular new basketball game and the acquisition of mobile studio Zynga aren’t enough to offset an industrywide spending slowdown. Shares plunged about 15% in extended trading.Most Read from BloombergTwitter Now Asks Some Fired Workers to Please Come BackElon Musk Tells Twitter Followers to Vote for a Republican CongressElon Musk Walks Back on Twitter Job Cuts, Blue Checks in Second WeekHouston Mog
Bill Gates, Warren Buffett's Initiative For Billionaires To Donate Most Of Their Wealth Sees Sharp Drops In Pledgers In 2022
“Giving Pledge” foundation — started by billionaires Bill Gates and Warren Buffett — has seen pledging commitments drop steeply this year, which has been marred by g