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China’s Virtual Reality Market Grows

China’s Virtual Reality Market Grows

Guiyang, China has created the country’s very first virtual reality theme park hoping to increase demand for virtual entertainment. China’s virtual reality market is expected to hit almost $8.5 billion in the next 2 years. This park is 3..

Activision reports better than expected Q3 but shares fall

Activision reports better than expected Q3 but shares fall

Activision Blizzard Inc. (NASDAQ: ATVI) reported its third quarter earnings that surpassed expectations of both analysts and the company itself, but shares fell by 3.5 percent during trading hours on Friday.For the third quarter, Activision rep..

Nintendo’s Super Mario Run Didn’t Generate “Acceptable Profit”

Nintendo’s Super Mario Run Didn’t Generate “Acceptable Profit”

Nintendo Co., Ltd (OTC: NTDOY) has launched its first mobile game Super Mario Run in December last year. In the most recent earnings report, the company said the game had over 200 million downloads, but it didn’t make as much as profit the com..

GameStop Shares Down After Earnings Report

GameStop Shares Down After Earnings Report

GameStop Corp. (NYSE: GME) shares tumbled about 12% after the omnichannel video game retailer reported 2nd quarter financial results.Total global sales increased 3.4% to $1.69 billion, led by continued demand for Nintendo Switch. New hardware sales ..

NetEase Reported Second-Quarter Earnings, Beating Expectations

NetEase Reported Second-Quarter Earnings, Beating Expectations

This week, NetEase, Inc. (NASDAQ: NTES), a leading internet and online game services providers in China, announced its financial results for the second quarter, with both earnings and revenue beating estimates. Shares of the company decreased around..

J C Penney to Sell Toys at Department Stores

J C Penney to Sell Toys at Department Stores

J C Penney Company Inc. (NYSE: JCP) stock surged jumped 8% after the retailer announced that it is opening toy shops in all of its brick-and-mortar locations with a significantly expanded assortment available at JCPenney.com.The company reporte..

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo Co., Ltd. (OTC: NTDOY) shares have increased more than 55 percent this year, thanks to the robust sales of its new home video game console Switch.The Japanese consumer electronics and video game company has sold 2.74 million of Switch ..