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Nintendo (NTDOY) increases FY 2024 financial forecast

Nintendo's management team has finally come to grips with the fact that the Mario movie was pretty great.

Starfield Gives Xbox Major Financial Boost, But Hardware Revenue Still Down

Starfield hit Xbox Series X/S and PC last month, and it became the biggest Bethesda game launch ever, later earning it the top spot on best-selling games in the U.S.…

Tim Sweeney Admits Epic Games Had ‘Financial Problem’ 10 Weeks Prior to Studio Layoffs

Epic CEO Tim Sweeney took the stage at Unreal Fest earlier this week to open up a bit more on the company's financial struggles that led to the recent layoffs…

Xbox Game Pass is A Financial Success, Earning $230 Million Revenue In One Month

Microsoft has recently provided new insights into how the Xbox Game Pass is doing profit-wise. In the FTC v. Microsoft federal case, it was revealed that the average revenue

Sony Financial Report Hints at First-Party Delays

Sony has a few big games planned for 2023 like Marvel’s Spider-Man 2 and Helldivers 2. But, according to a recent financial report, it sounds like there were a few…

Apex Legends Season 17 Did Not Meet EA’s Financial Expectations

EA's latest earnings call with investors revealed that Season 17 of Apex Legends fell short of their financial expectations. Despite the game maintaining an impressive 18 million active monthly players,…

Overwatch League Future In Doubt After Recent Activision Blizzard Financial Report

Activision Blizzard released its Q2 2023 financial report today, and among the news of acquisition deal restructuring and record figures for Blizzard thanks to Diablo IV were a few details…

Capcom Sold Over 41 Million Games In The Last Financial Year

Capcom has reported record sales in its financial year results, which covered the last 12 months that ended on March 31, 2023. The big takeaway from the published financial results…

Microsoft: “Absolutely No Financial Incentive” To Remove Call Of Duty From PlayStation

Microsoft has reiterated that it would make no business sense to remove Call of Duty from PlayStation consoles if it succeeds in acquiring Activision Blizzard.In a statement to The Verge,…

SVB Financial (SIVB) stock crashes 50% as tech investment bank seeks to raise more cash

The tech-focused bank announced a plan to raise over $2 billion in capital in an attempt to offset losses on bond sales.