Activision Blizzard’s (ATVI) BlizzCon drew in 25,000 attendees to Anaheim, many of them there to watch the StarCraft II global finals between South Korean pro-gamers SOS and Life. Competitive gaming gets its fair share of criticism, but the industry is expected to reach almost $2 billion by 2018, according to SuperData Research, making it an incredibly attractive market for brands and advertisers. Amazon (AMZN) is in on the action, having acquired
Wall Street has been increasingly hard on companies that fail to beat analyst estimates, and even on companies that don’t beat earnings forecasts by enough. IBD’s Screen of the Day, Estimate Beaters, takes a look at four top Internet companies whose recent view-topping results have kept investors happy: Amazon (AMZN), LinkedIn (LNKD), Ctrip (CTRP), and Weibo (WB). (A fifth Internet on the Earnings Beaters screen, Wayfair (W), was scheduled to
Top tech stocks edged down with the major indexes that declined about 1% Monday, but IBD 50 stock LinkedIn (LNKD) bucked the trend. It closed up 1.6% at 254.52. The business social network topped expectations in its third-quarter report Oct. 29. Its stock chart shows that it’s nearing a possible 276.28 buy point from a cup base. Google owner Alphabet (GOOGL), Amazon.com (AMZN), Facebook (FB) and Priceline Group (PCLN) all set new highs last week