Monday, May 10, 2021

The Stocks Of Activision Blizzard (ATVI) And Ford Motor (F) Have Risen Following Surpassing Quarterly Results

Activision Blizzard, Inc. (ATVI) rose to $101.61, up +9.64 percent. For the quarter ending, ATVI surpassed expectations, including the victories of ‘Call of Duty’, ‘World of Warcraft’, and ‘Candy Crush’. The developer of computer games has done exceptionally well over the holiday season. The Santa Monica-based Californian firm improved its 2021 revenue and income forecasts. Adjusted quarterly earnings per share of $1.21 and net revenues of $3.05 billion for the duration were posted by the developer and distributor of content and services on video game consoles, personal computers (PC), and mobile devices, higher than analyst forecasts of $1.18 billion and $2.83 billion, respectively. Profit fell by 2 percent year-on-year, but sales increased by 13 percent. ‘Call of Duty’ has 100 million participating players per month, ‘Land of Warcraft’ has 29 million, and ‘Candy Crush’ has 240 million.

Ford Motor Company (F) rose +1.23% to $11.51. On Thursday, the Michigan-based automaker unveiled unexpected results except for products for the fourth quarter. Although combined net losses of over $2 billion were posted by the company over the period, adjusted earnings per share almost tripled to 34 cents from a consensus of -7 cents. The quarterly profits of the automaker fell by 9.4 percent to $33.2 billion, relative to a consensus of $33.9 billion. Europe and SUVs raised net profit for the fourth quarter. Compared with $485 million a year ago, net profit was $1.7 billion.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Investments in electric cars and autonomous driving will be expanded in the group. Ford also expects to spend more than $22 billion on battery-powered hybrid cars and $7 billion on autonomous driving. In 2021, the company expects $8 billion to $9 billion in adjusted operating profit, up from $2.8 billion last year. It is estimated that consolidated free cash flow will be between $3.5 billion and $4.5 billion. The guideline does not, however, take into account the possible effects of the scarcity of semiconductors.

Latest news

What is behind the fall of Torchlight Energy Resources Inc. (NASDAQ: TRCH) stock?

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), a growth oil and gas exploration company specializing in the acquisition and development of highly profitable domestic oil...

Eros STX Global Corporation (ESGC) stock is declining: Here is the reason why?

Eros STX Global Corporation (NYSE ESGC) a global multinational media company that acquires, produces, and distributes films, television shows, and digital content issued its...

Yum China Holdings Inc. (YUMC): The Most Important Numbers You Should Know

Yum China Holdings Inc. (YUMC), which operates Taco Bell Restaurants, KFC Restaurants, and Pizza Hut Restaurants in China, has published its first-quarter report for...

Why shares of Akerna Corp. (KERN) stock are up today?

Akerna (KERN), a cannabis technology company focusing to connect data points in the global cannabis supply chain and developer of the cannabis industry's first...

Related news

What is behind the fall of Torchlight Energy Resources Inc. (NASDAQ: TRCH) stock?

Torchlight Energy Resources, Inc. (NASDAQ: TRCH), a growth oil and gas exploration company specializing in the acquisition and development of highly profitable domestic oil...

Eros STX Global Corporation (ESGC) stock is declining: Here is the reason why?

Eros STX Global Corporation (NYSE ESGC) a global multinational media company that acquires, produces, and distributes films, television shows, and digital content issued its...

Yum China Holdings Inc. (YUMC): The Most Important Numbers You Should Know

Yum China Holdings Inc. (YUMC), which operates Taco Bell Restaurants, KFC Restaurants, and Pizza Hut Restaurants in China, has published its first-quarter report for...

Why shares of Akerna Corp. (KERN) stock are up today?

Akerna (KERN), a cannabis technology company focusing to connect data points in the global cannabis supply chain and developer of the cannabis industry's first...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.