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AKAM

Akamai

$88.36 /

+2.615 (+3.05%)

, MSFT

Microsoft

$146.50 /

+10.94 (+8.07%)

15:11
03/24/20
03/24
15:11
03/24/20
15:11

Akamai to reduce gaming downloads to manage congestion during peak usage

In an earlier blog post, Akamai (AKAM) addressed the need for cooperation to manage global internet traffic. Akami said, in part: "As businesses and consumers around the world adjust their routines amid the various COVID-19 restrictions, the internet is being used at a scale that the world has never experienced. In addition to millions of people who are now working from home... This increased usage is causing concern about whether the internet will be able to continue handling the ever-increasing amounts of traffic. As a result, some major regulators, carriers, and content providers are taking steps to reduce load during peak traffic times in an effort to avert online gridlock. demand... As the world's largest content delivery network, we have been working closely with our customers and carrier partners to maintain continuity for their businesses. Akamai's intelligent edge network architecture is inherently designed to mitigate and minimize network congestion, and because we have deployed our infrastructure deep into carrier networks, we can help those networks avoid overload by diverting traffic away from areas experiencing high levels of congestion. Akamai is also working with leading distributors of software, particularly for the gaming industry, including Microsoft (MSFT) and Sony (SNE), to help manage congestion during peak usage periods... In regions where demand is creating bottlenecks for customers, we will be reducing gaming software downloads at peak times, completing the downloads at the normal fast speeds late at night. This approach will help ensure every internet user and consumer continues to have the high-quality experience they expect across all of their internet services, and that gamers will still get the download they want, though it may take longer than usual during peak usage times. Even more importantly, this will help ensure healthcare workers and first responders working hard to contain the spread of COVID-19 have continual access to the vital digital services they need." Companies that may be impacted by this include Microsoft, Sony, Activision Blizzard (ATVI), Electronic Arts Take (EA), Take-Two (TTWO), Nvidia (NVDA), and AMD (AMD). Reference Link

AKAM

Akamai

$88.36 /

+2.615 (+3.05%)

MSFT

Microsoft

$146.50 /

+10.94 (+8.07%)

SNE

Sony

$56.36 /

+3.47 (+6.56%)

ATVI

Activision Blizzard

$55.05 /

-1.37 (-2.43%)

EA

Electronic Arts

$93.50 /

-1.97 (-2.06%)

TTWO

Take-Two

$112.00 /

+2.23 (+2.03%)

NVDA

Nvidia

$245.41 /

+33.08 (+15.58%)

AMD

AMD

$45.78 /

+4.12 (+9.89%)

NTDOY

Nintendo

$0.00 /

+ (+0.00%)

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AKAM Akamai
$88.36 /

+2.615 (+3.05%)

03/12/20 Baird
Baird upgrades Akamai to Outperform, increased online activity seen
03/12/20 Baird
Akamai upgraded to Outperform from Neutral at Baird
02/13/20 Needham
Radware downgraded to Hold from Buy at Needham
02/13/20
Akamai management to meet with William Blair
MSFT Microsoft
$146.50 /

+10.94 (+8.07%)

03/24/20 Wedbush
Microsoft, Alphabet among stocks in Wedbush's Shopping List
03/20/20 Morgan Stanley
Remote computing names near-term beneficiaries of outbreak, says Morgan Stanley
03/17/20 Deutsche Bank
Microsoft price target lowered to $180 from $200 at Deutsche Bank
03/13/20 DA Davidson
Slack Technologies price target lowered to $17 from $26 at DA Davidson
SNE Sony
$56.36 /

+3.47 (+6.56%)

03/18/20
Fly Intel: Top five analyst initiations
03/18/20 Oppenheimer
Oppenheimer bullish on Sony, initiates with an Outperform
03/17/20 Oppenheimer
Sony initiated with an Outperform at Oppenheimer
10/31/19
Fly Intel: Top five analyst upgrades
ATVI Activision Blizzard
$55.05 /

-1.37 (-2.43%)

03/17/20 Piper Sandler
Video game makers positioned to continue outperforming, says Piper Sandler
03/12/20 Jefferies
Jefferies says Activision free-to-play CoD launch comes from place of strength
03/10/20
Fly Intel: Top five analyst upgrades
EA Electronic Arts
$93.50 /

-1.97 (-2.06%)

03/17/20 MKM Partners
MKM Partners upgrades EA, sees video games as among least impacted by COVID-19
03/17/20 MKM Partners
Electronic Arts upgraded to Buy from Neutral at MKM Partners
03/16/20 Cowen
Video game fundamentals should fare well now, says Cowen
TTWO Take-Two
$112.00 /

+2.23 (+2.03%)

03/12/20 Stifel
Video game publishers may be affected by sports league suspensions, says Stifel
03/11/20 Nomura Instinet
Take-Two deal with NFL shows Madden 'not invulnerable,' says Nomura Instinet
NVDA Nvidia
$245.41 /

+33.08 (+15.58%)

03/24/20
Fly Intel: Top five analyst upgrades
03/24/20 Wedbush
Nvidia added to Best Ideas List at Wedbush
03/24/20 Needham
Nvidia upgraded to Buy from Hold with $270 price target at Needham
AMD AMD
$45.78 /

+4.12 (+9.89%)

03/24/20 Wedbush
AMD added to Best Ideas List at Wedbush
03/20/20 Wells Fargo
Wells Fargo cuts price targets in IT Hardware & Communications Networking space
03/13/20
Fly Intel: Top five analyst upgrades
NTDOY Nintendo
$0.00 /

+ (+0.00%)

01/16/20 Piper Sandler
NPD game sales data 'most positive' for EA, says Piper Sandler
12/19/19 Goldman Sachs
Nintendo downgraded to Neutral from Buy at Goldman Sachs
11/21/19 Morgan Stanley
Nintendo downgraded to Equal Weight from Overweight at Morgan Stanley
09/30/19 Morgan Stanley
Nintendo's 20M Mario Kart Tour downloads beat bull case at Morgan Stanley

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Periodicals
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Earnings
Microchip reports raises Q4 revenue view to up 3% from flat, consensus $1.29B » 17:37
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$100.98 /

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Choice Hotels

$72.35 /

+5.73 (+8.60%)

 
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CHH

Choice Hotels

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Townsquare Media receives NYSE notice of noncompliance » 17:16
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TSQ

Townsquare Media

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-0.225 (-5.07%)

Townsquare Media provided…

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Conference/Events
Cowen tobacco/cannabis analyst to hold an analyst/industry conference call » 17:14
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ACRGF

Acreage Holdings

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Starbucks temporarily suspends share repurchase program » 17:13
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SBUX

Starbucks

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+2.81 (+4.09%)

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Syndicate
Tonix Pharmaceuticals files $150M mixed securities shelf  17:12
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TNXP

Tonix Pharmaceuticals

$0.69 /

-0.0085 (-1.21%)

 
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Earnings
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SBUX

Starbucks

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+2.81 (+4.09%)

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ViewRay senior executives to take pay cuts for remainder of 2020 » 17:11
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VRAY

ViewRay

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+0.025 (+0.93%)

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Earnings
Starbucks says China Q2 revenue performance at lower end of projected range » 17:11
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SBUX

Starbucks

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Conference/Events
Cowen Washington policy strategist to hold an Analyst/Industry conference call » 17:10
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Washington Research…

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Hot Stocks
Starbucks to leverage experience in China to inform U.S. COVID-19 response » 17:10
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SBUX

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Conference/Events
Cowen tech/restaurant analysts to hold an analyst/industry conference call » 17:08
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Restaurants Analyst…

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Syndicate
Outlook Therapeutics files to sell 4.33M shares of common stock for holders  17:08
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OTLK

Outlook Therapeutics

$0.59 /

+0.03 (+5.36%)

 
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Earnings
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Syndicate
ToughBuilt files common stock, warrants offering  17:05
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TBLT

ToughBuilt

$0.14 /

-0.0096 (-6.39%)

 
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Black Knight chairman sells 250K shares of common stock » 17:05
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BKI

Black Knight

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+1.3 (+2.10%)

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Seadrill receives noncompliance notice from NYSE » 17:04
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Seadrill

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+0.0702 (+12.76%)

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Syndicate
Milestone Scientific files to sell common stock, warrants, no amount given » 17:01
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Milestone Scientific

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-0.01 (-1.05%)

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Hot Stocks
Boyd Gaming to place most team members on unpaid furlough » 17:01
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BYD

Boyd Gaming

$15.56 /

+2.87 (+22.62%)

Boyd Gaming announced it…

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