It's a big day for video games makers today as Electronic Arts, the single biggest name in the space, and THQ both report after the bell today. But despite a healthy run in EA shares, this might not be the slam-dunk investment you think it is.
Google cracked $700 a share this morning, just three weeks after surpassing $600 for the first time. Sure, as Google becomes more valuable, these $100 milestones will get easier to achieve, but you can't discount a 16% move by a company worth over $200 billion in under a month. It's significa
E3 is a fun show not just because of the companies it attracts, like Microsoft, Sony, Nintendo, Electronic Arts, Activision, THQ and dozens of others, but because of the celebrities who show up too. I had the chance to sit down with Heisman trophy winner and the NFL's #2 draft pick last year Reggie Bush before the big Microsoft event Tuesday night. Complete with multi-karat diamonds in each ear.
The businesses of movie making and video game making are tighter than ever. Today, they're rubbing shoulders at the Hollywood and Games Summit. These are two industries that need each other more than ever. Movie studios count on the reliable licensing fees that come from selling 5 million video games. And the video game makers like the fact that by paying a licensing fee they can tap into a guaranteed fan base, and all those marketing dollars the studios have spent. Virtually every big summer movie is also a video game: "Pirates," "Spiderman," "Shreck," and coming up "Ratatouille," "Transformers," and "Harry Potter."
Here's our Fast Money Final Trade. Our guys give you tomorrow's best trades, tonight!
In this new feature our guys take on some of The Street's top analysts and hold them accountable for their calls. One stock - two opinions. Go ahead and Analyze This!
Here's our Fast Money Final Trade. Our guys give you Monday's best trades, tonight!
The guys go behind the headlines and give you their take on... where they see construction picking up ... why shares of video game makers are falling... and more. Find out where they're making fast money.
Here's a CNBC news video report from CNBC/Wall Street Journal reporter Bob O'Brien on earnings. One of the stock he talks about is on the most active list-ALU. One that's not is Helen of Troy--which did "gangbusters" and gained some 16% in stock value. Did anyone have this stock? You did pretty well if you did. Here's the report that includes a look at AIG and THQI.
It's certainly coming down to the wire in Trading With The Stars. As we said, this is the last week for this part of the Million Dollar Portfolio Challenge. And Jonathan Tucker stays on top with a total portfolio value of $1,204,305.00 which is up $5,905.00 from Friday's total. Stephen Collins continues in the #2 spot with a total portfolio value of $1,166,355.20. That's up $6,348.18 from Friday's total and Stephen continues to close the gap with Jonathan Tucker.
It's do or die time for our celebs as this is the final week of Trading With The Stars, so here are the standings. Jonathan tucker holds on to the lead with a total portfolio value of $1,198,400.00 which is down $25 from Thursday's total. Stephen Collins continues in the #2 spot with a total portfolio value of $1,160,007.02 up more than $41K from Thursday's total and is now within about $38K from the top.
Mind-controlled games could be the next trend for the $13.5 billion video game industry, if Emotiv Systems’ new interactive technology takes off.
Video game makers are taking a page from YouTube's playbook by offering user-generated and customized options for popular models.