After Microsoft (MSFT) announced an expansion of its Game Pass subscription service to now include access to all new first-party Xbox One games simultaneously with release at retail, Baird analyst Colin Sebastian called the news "another challenging headline" for GameStop (GME). However, he expects little near-term impact on retail sales of games from this, since only Microsoft-developed titles are included, he tells investors. The longer-term risk hinges on whether third-party publishers adopt new streaming and/or subscription models, said Sebastian, who keeps an Outperform rating on GameStop shares, which are down about 1% in early trading.

Microsoft's (MSFT) Rare said that its 2018 video game "Sea of Thieves," has achieved 40M players across Xbox, Windows 10 and Steam so far. The Fly notes that the game is set to release on PlayStation 5 (SONY) on April 30. Reference Link

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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