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Auditing
The Big Four Continue to Dominate Auditing: Weekly Stat
The audit market is most concentrated among the population of large accelerated filers, 88% of which tap a Big Four firm for assurance.
By
Vincent Ryan
| June 29, 2022
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GameStop Stock Soars After CFO Resigns
Jim Bell reportedly was forced to resign as part of a push by activist investor Ryan Cohen to "reshape the ailing retailer.”
By
Matthew Heller
| February 24, 2021
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The Cloud
Cloud Growth Drives Microsoft Earnings Beat
Microsoft has benefited from businesses accelerating the shift to cloud infrastructure and applications due to the COVID-19 pandemic.
By
Matthew Heller
| October 28, 2020
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Financial Performance
Zynga Rides Gaming Binge to Record Quarter
“We are living in unprecedented times and more people than ever before are turning to games for entertainment and a sense of community."
By
Matthew Heller
| August 6, 2020
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Strategy
EA’s Strong Quarter Overshadowed By ‘Battlefield’ Pushout
The company unexpectedly pushed out the next title in its "Battlefield" franchise one year, to 2022.
By
Vincent Ryan
| October 30, 2019
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M&A
Eldorado Resorts to Buy Caesars in $17.3B Casino Deal
The acquisition combines about 60 casinos and resorts in 16 states under a single name.
By
Lauren Muskett
| June 24, 2019
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Financial Performance
GameStop Misses Estimates, Exploring Sale
The retailer believes it can still "leverage our industry-leading position to drive growth in the second half" of the year.
By
Matthew Heller
| September 7, 2018
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Financial Performance
Nvidia Shares Drop 5% on Lowered Guidance
The chipmaker's cryptocurrency-mining business collapsed in the second quarter and it now expects a “negligible” revenue contribution in the future.
By
Matthew Heller
| August 17, 2018
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Financial Performance
Dave & Buster’s Tops Estimates on Gaming Gains
The chain's "differentiated experience across our four platforms of eat, drink, play and watch, continues to resonate with our guests."
By
Matthew Heller
| June 7, 2017
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Financial Performance
Best Buy Beats Profit Estimates But Sales Sag
The retailer's same-store sales dropped 0.7% in the fourth quarter amid weaker-than-expected demand from gamers and product outages.
By
Matthew Heller
| March 1, 2017
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Technology
PlayStation Powers Sony to Slim Q1 Profit
The gaming unit accounted for more than 75% of Sony's total profit while the struggling smarthpone business broke even.
By
Matthew Heller
| July 29, 2016
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Risk & Compliance
Warner Bros. Faulted Over Game Promotion
“Companies like Warner Brothers need to be straight with consumers in their online ad campaigns," the Federal Trade Commission says.
By
Matthew Heller
| July 12, 2016
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Technology
Activision Blizzard Buys King Digital for $5.9B
The combined company will have more than half a billion monthly active users, says Activision Blizzard CEO Robert Kotick.
By
Katie Kuehner-Hebert
| November 3, 2015
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