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Top related persons:
Omar Dessouky - 1 Dessouky - 1 Michael Bloom - 1
Top related locs:
Monday's CY24
Top related orgs:
Electronic Arts - 1 FIFA - 1 Bank of America - 1 FIFA — - 1 EA Sports FC - 1 EA - 1 SPORTS FC - 1

Search resuls for: "Omar Dessouky"


3 mentions found


☆ Concerns around a rebrand in this video game maker's line-up are overblown, Bank of America says
  + stars: | 2023-10-10 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
Investors are way too worried about the impact a rebranding of Electronic Arts ' FIFA video games could have on the stock, according to Bank of America. The bank upgraded the video game maker's stock to buy from neutral and raised its price target to $150 from $145. A decadeslong partnership between FIFA — soccer's governing body — and Electronic Arts came to an end last year, when the company announced its longtime video game franchise would be rebranded to EA Sports FC. Additionally, Dessouky said that the company's new game video game could provide upside to consensus estimates and guidance in the near term and beyond, especially following above-trend growth in the PC and console gaming market. "We expect the PC/Console software market to grow above trend (mid/high single digits) in CY24 and beyond," the analyst wrote.
Persons: Omar Dessouky, Dessouky, Michael Bloom Organizations: Electronic Arts, FIFA, Bank of America, FIFA —, EA Sports FC, EA, SPORTS FC Locations: Monday's, CY24
☆ Earnings playbook: How to trade results from Disney and 3 electric car makers
  + stars: | 2022-11-06 | by ( Fred Imbert | ) www.cnbc.com   time to read: +9 min
Monday Palantir Technologies is set to report earnings before the bell, followed by a conference call at 8 a.m. Tuesday Disney is set to report earnings after the bell, followed by a conference call at 4:30 p.m. Lucid is set to report earnings after the close, with a management call set for 5:30 p.m. Rivian is set to report earnings after the close, with management holding a call at 5 p.m. Beyond Meat is set to report earnings after the bell, followed by a conference call at 5 pm.
☆ Walmart enters the metaverse with Roblox experiences
  + stars: | 2022-09-26 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
New York CNN —Walmart (WMT) has entered the metaverse. The retail giant announced Monday it is launching two immersive online experiences with Roblox, a metaverse mega-platform extremely popular with young kids. Its virtual dressing room offers products such as afp4, Halsey’s makeup brand, and YouTubers Brooklyn and Bailey’s skincare line with Walmart. Roblox began trading last March, immediately valuing the company at $45 billion when it debuted on Wall Street. Despite the buzz around the metaverse, Roblox shares have dropped almost 64% year-to-date.
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