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Fly News Breaks for February 25, 2020
GOOG, GOOGL
Feb 25, 2020 | 09:16 EDT
Morgan Stanley analyst Brian Nowak said his new "base case" sum of the parts analysis implies Alphabet is worth $1,650 share over the next 12 month, without including any value for Cloud, Stadia, Waymo, Verily, or other investments. If the market becomes willing to give Alphabet credit for Cloud or Waymo, then his $1,850 per share "bull case" sum of the parts valuation "comes into play," Nowak tells investors. The analyst, who sees the company's new disclosures enabling investors to better value the growth and durability of Alphabet's assets, keeps an Overweight rating on the stock.
News For GOOGL;GOOG From the Last 2 Days
GOOGL, GOOG
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
GOOGL, GOOG
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 thefly.com. See Story Here