Piper Jaffray analyst Katherine Egbert says that while a deal is unlikely, a Microsoft (MSFT) acquisition of AMD (AMD) would make some strategic sense. Talk of a potential deal has come up periodically over the last few years, Egbert tells investors in a research note. The latest being Friday when website Fudzilla reported that Microsoft is in talks to acquire the chipmaker. Buying AMD would be consistent with other large tech vendors recently expending their chip design talent, the analyst writes. A deal would also provide Microsoft "protection and a clear path for Xbox development," she adds. However, a merger is unlikely given the implications for Wintel, Egbert cautions. She points out an all-cash purchase at a 20% premium for AMD would be 1c dilutive in 2016 for Microsoft. AMD would likely not command much of a premium given its declining market share, she believes. Egbert has an Overweight rating on Microsoft. Piper does not formally cover shares of AMD. After rising Friday, shares of the chipmaker dropped 19c yesterday to $1.82.

Microsoft (MSFT) is scheduled to report results of the third quarter of its fiscal year 2024 after the market close on Thursday, April 25, with a conference call scheduled for 5:30 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here

"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to thefly.com. See Story Here

Captivision announced its collaboration with Activision's Call of Duty: Mobile and Framework for the recent installation at the Framework in the Desert afterparty in Coachella Valley. Through this collaboration, Captivision delivered a unique media glass installation over the course of the festival. The collaboration marked the inception of a new area of strategic focus for Captivision dedicated to pushing boundaries and redefining the live entertainment experience. At Framework in the Desert, multiple freight container structures were unveiled that featured Captivision's media glass. This innovative installation served as the canvas for an inspiring display of imagery and content for all in attendance. The media presentation included assets from Activision's Call of Duty: Mobile and Framework, in addition to artwork and animations that enhanced the musical ambiance throughout the weekend.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Friday's total option volume of 56.7 million contracts resulted in net open interest growth of 6.01 million calls and 5.28 million puts. NVIDIA (NVDA), Tesla (TSLA), Apple (AAPL) and Advanced Micro Devices (AMD) saw the greatest growth. Top five new positions opened include 50k Lyft (LYFT) May-24 20 calls, 44k Energy Transfer (ET) 4/26 weekly 16.5 calls, 43k Las Vegas Sands (LVS) Sep-24 41 calls, 23k Tesla (TSLA) 4/26 weekly 162.5 calls and 21k Papa John's (PZZA) Jun-24 57.5 puts.