Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
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Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
The global esports industry is on fire and, now, some investors are getting bullish on the industry.
"No question this is changing the landscape for media companies and how people are participating in sports," Tim Seymour, co-founder and managing partner at Triogem Asset Management, a hedge fund, said on "Fast Money " Monday.
Last weekend, the "Overwatch" League's Grand Finals sold out at New York's Barclays Center. Seymour pointed to the participation of large-scale media companies as proof of a growing industry: The Walt Disney Company broadcast the "Overwatch" games on ESPN.
"The fan base is rabid," said Seymour, who is also a CNBC contributor. "The excitement is there. And it's all demographics. It's not just guys. It's not just girls. It's not just young folks. It's old folks."
In fact, the video game industry is booming with more products and tournaments popping up around the world. According to a 2018 esports report by Newzoo, a market research firm, about 2.3 billion gamers worldwide will spend about $137.9 billion on games this year.
That figure represents a 13.3 percent jump from a year ago — or an increase of $16.2 billion. The market research firm tracks usage and trends in esports, video games and mobile.
"Esports, what makes it so special is that it is a global thing. You can compete anywhere," Alex Mendez, an esports commentator and league host for "Overwatch," told CNBC, pointing out that there are games and leagues around the globe.
Mendez said he started playing video games after giving up football.
"And then I just decided: I'm going to transition this into a career," he told CNBC. "But that's when everything was so small. Now we're selling out Barclays Center. That is just mind-blowing."
Jack Etienne, owner of esports team the London Spitfire, said he made about a million dollars from the "Overwatch" event — the prize for the winning team.
Investors can get into the esports space with the purchase of teams and video game platforms, Etienne said. They can also invest in products or video content that enhance the user experience, such as virtual reality, he said.
"Overwatch" was developed by Blizzard Entertainment, an entertainment software and video games publisher and maker owned by Activision Blizzard, which has a market cap of more than $55 billion.
The media company is set to release second quarter earnings results Thursday after the bell. Activision closed 3.46 percent down on Monday, but shares were still priced at more than $72, compared with nearly $62 a year ago or about $17 five years ago.
Privately held Epic Games, developer of last year's "Fortnite Battle Royale" game, announced recently that it had made more than $1 billion from in-game revenue, according to data from market research firm SuperData. The game is free to download and play, but sells features during the game such as extra costumes.