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Fly News Breaks for February 4, 2020
Feb 4, 2020 | 04:53 EDT
Pivotal Research analyst Michael Levine raised his price target for Alphabet to $1,700 from $1,650 and keeps a Buy rating on the shares. The company last night reported a slightly weaker revenue quarter versus expectations, though based on management commentary, U.S. results appear to have been weighed down by a challenging hardware comp, which is largely irrelevant to the story, Levine tells investors in a research note. On a "far more" positive note, Alphabet provided incremental segment revenue disclosure, specifically around search, YouTube and Cloud, adds the analyst.
News For GOOG;GOOGL From the Last 2 Days
Oct 28, 2020 | 17:14 EDT
Stocks were sharply lower from the outset of trading with very few signs of any inclination to buy the dip as new lockdown measures in Europe, and worries about the impending election in the U. S... To see the rest of the story go to See Story Here
Oct 28, 2020 | 15:55 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. FACEBOOK, TWITTER ADDRESS... To see the rest of the story go to See Story Here
Oct 28, 2020 | 13:32 EDT
Apple (AAPL) has tweaked its latest version of the iPhone operating system, iOS 14 to show its own in-house search results, "and link directly to websites when users type queries from its home screen," wrote Tim Bradshaw and Patrick McGee of the Financial Times. With this barely noticeable change in iOS 14 Apple has stepped up its "efforts to develop its own search technology as US antitrust authorities threaten multibillion-dollar payments that Google (GOOG) makes to secure prime placement of its engine on the iPhone," added the FT story. "When the US Department of Justice launched a case last week, over payments that Google makes to Apple to be the iPhone's default search tool, urgency was added to the initiative," said the Financial Times. Reference Link
Oct 27, 2020 | 12:45 EDT
CD Projekt (OTGLY) said in a statement posted to Twitter that its upcoming game "Cyberpunk 2077," which is set to come out on PC, Google Stadia (GOOG), Xbox One (MSFT), PlayStation 4 (SNE), Xbox Series X, and PlayStation 5, has been delayed by 21 days, with December 10 becoming its new release date. "The biggest challenge for us right now is shipping the game on current-gen, next-gen, and PC at the same time, which requires us to prepare and test 9 versions of it (Xbox One/X, compatibility on Xbox Series S/X, PS4/Pro, compatibility on PS5, PC, Stadia) while working from home," the company said. "Since Cyberpunk 2077 evolved towards almost being a next-gen title somewhere along the way, we need to make sure everything works well and every version runs smoothly. We're aware it might seem unrealistic when someone says that 21 days can make any difference in such a massive and complex game, but they really do." Reference Link
Oct 27, 2020 | 12:31 EDT
For this week's edition of "Game On," The Fly spoke with Jefferies analyst Alex Giaimo in an exclusive interview on a variety of gaming subjects, including the upcoming earnings season for big publishers, cloud gaming, and more. NEW CONSOLES: Ahead... To see the rest of the story go to See Story Here