SNAP IPO Failure a Great Lesson in Risk and Changing Trends

Social media company Snap $SNAP, owner of Snapchat has been a great reminder of risk, herd mentality and like MySpace the perils of betting on social media longevity. The employee lockup expiration Monday saw a new record low trade at $11.28 on Monday, 33% below its IPO price of $17.

Netflix to Kick Ass With First Acquisition Comic Publisher Millarworld

Netflix has taken another step in it’s evolution, making it’s first ever acquisition to own and develop it’s own content rather than licence it. $NFLX bought creator owned comic-book publishing firm Millarworld,creator of Kick-Ass, Kingsman, Wanted and Old Man Logan.

NVidia $NVDA Earnings Ahead, Machine Learning, AI, Gaming Graphics

Market darling and high-performance graphics chip pioneer NVidia $NVDA reports fiscal Q2 earnings after the market close on Thursday. Product lines include, data centers, artificial intelligence, digital currencies, machine learning and self-driving cars.

Activision Blizzard $ATVI Beats Earnings But Waddles on Mixed Guidance

Video game publisher Activision Blizzard $ATVI reported second quarter earnings Thursday which easily beat consensus estimates as MAU’s soared. However the gaming company offered mixed guidance which saw the stock waddle.

Money in Gaming – Take Two Interactive $TTWO Rips 11% on Raised Guidance

Take-Two Interactive Software $TTWO delivered again, shares ripped higher over 11% after the video game publisher and distributor reported earnings and raised guidance. Grand Theft Auto V and Grand Theft Auto Online again delivering.