PlayStation 5

The E3 Expo is one of the largest video game conference held every year. This year's event will be held virtually and viewers can tune in for free to get presentations from some of the largest gaming companies and also get gameplay demo videos. The event is titled "Online. Interactive....

Sony Group Corporation (NYSE: SONY) launched its next-generation PlayStation 5 gaming console in November. Sales of the gaming hardware are going through the roof, as seen in the strong sales numbers revealed by the company in its earnings report for fiscal year 2020. What Happened: Sony is now...

Nintendo Co (OTC: NTDOY) could be announcing its newest version of the top-selling Nintendo Switch gaming console as soon as June, according to new reports. What Happened: Nintendo could unveil its new Nintendo Switch prior to the upcoming E3 Expo on June 12, according to Bloomberg. The new...

Communication platform Discord rejected several large bids and is said to be pursuing an IPO. That didn’t stop gaming company Sony Corp (NYSE: SONY) from swooping in to invest in the company and launch a partnership. What Happened: Technology company and Xbox owner Microsoft Corporation...

Video games were seen as one of the biggest winners from the pandemic and the related stay-at-home orders around the world. New gaming figures and quarterly reports from Sony and Microsoft suggest strong growth could continue ahead. NPD data shows video game spending increased 30% year-over-year in...

Sony Group Corp.’s (NYSE: SONY) next-gen gaming console, the PlayStation 5, will launch in Mainland China on May 15 this year, Niko Partners analyst Daniel Ahmad said Wednesday. What Happened: Ahmad said on Twitter that the disc version of PlayStation will be priced at RMB 3,899 ($612)...

Sony Corporation (NYSE: SNE) has revealed a new virtual reality controller for its PlayStation 5 gaming console, which it claims unlocks a “way to tap into the sense of touch.” What Happened: The “orb” shaped controllers allow for a “high degree of freedom” while...

GameStop Corp. (NYSE: GME) has yet to show financial success in an industry that is rapidly shifting to digital and its current valuation “far exceeds our high fundamental expectations” but there are factors favoring the videogame retailer, according to analysts at Telsey Advisory...

GameStop Corporation (NYSE: GME) put on sale Tuesday the latest consoles from Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) but soon exhausted the “very limited” stock. What Happened: Gaming Twitter account Wario64 gave out information to the online-only stock on...

One of the hottest games of 2020 is part of an acquisition announced Tuesday in the video game sector. What Happened: Epic Games, which is 40% owned by Tencent Holdings ADR (OTC: TCEHY), reported it is acquiring Tonic Games Group. The acquisition gives Epic Games ownership of the developer of...

A Super Bowl played during the COVID-19 pandemic was difficult to predict ratings with people not throwing as many parties or going to bars.  What Happened: Super Bowl LV featuring the Tampa Bay Buccaneers and Kansas City Chiefs had an average of 96.4 million viewers on television and...

Take-Two Interactive Software (NASDAQ: TTWO) analysts say they're left with unanswered questions about the video game stock's long-term story following its third-quarter earnings report on Monday.  Take-Two's Q3 Print: Take-Two's third-quarter revenue of $860.9...

Sony Corp.’s (NYSE: SNE) next-gen gaming console, the PlayStation5, is launching in China in the second quarter of this year, subsidiary Sony Interactive Entertainment’s officials confirmed Monday. What Happened: The news was first shared by Niko Partners analyst Daniel Ahmad on Twitter...

Video game maker Take-Two Interactive Software (NASDAQ: TTWO) reported third-quarter earnings Monday afternoon and provided guidance for the rest of the fiscal year. What Happened: Third-quarter revenue of $860.9 million for Take-Two came in ahead of street estimates of $747 million. The...

Sony Corporation (NYSE: SNE) shipped 4.5 million units of its PlayStation 5 consoles worldwide in 2020, according to the latest earnings report for the quarter ended Dec. 31. What Happened: Ahead of the launch of PlayStation 5 in November this year, the demand for the console’s predecessor...