We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Sony, Microsoft, Amazon.com, Alphabet and Nintendo
Read MoreHide Full Article
For Immediate Release
Chicago, IL – May 20, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Sony Corporation , Microsoft Corporation (MSFT - Free Report) , Amazon.com, Inc. (AMZN - Free Report) , Alphabet (GOOGL - Free Report) and Nintendo Co., Ltd. (NTDOY - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Game On: Sony, Microsoft Team Up on Streaming Games
In a dramatic turn of events, Sony Corporation (SNE) and Microsoft Corporation — once thought to be bitter rivals in the gaming space — have joined forces to reshape the dynamics of the industry. The strategic partnership aims to tap the cloud-based platform for streaming games, while collaborating for the development of image sensors utilizing AI tools. Although the deal is still in a nascent stage, it has surely ruffled the feathers of other participants in the arena, and is likely to pep up the overall gaming industry.
On Cloud 9!
Sony and Microsoft have often crossed swords with each other with respective gaming consoles — Xbox One and PS4. But the two firms have now put aside their differences to share technologies and build upon integrated infrastructure for some of their future endeavors. Specifically, Sony intends to utilize Microsoft’s Azure cloud services for streaming games and media content to consumers while offering game makers new development tools to further enrich the interactive entertainment platform.
Available in 140 countries in 54 regions worldwide, Microsoft Azure is a cloud computing service that leverages Microsoft's extensive data centers. This is likely to prop up PlayStation's game- and content-streaming services by overcoming one of its nagging problems — slow download speed. By moving over to Microsoft's cloud solutions, Sony is likely to iron out this technical issue and offer superior consumer experience through improved user interface.
Reciprocal Symbiosis?
Microsoft also stands to benefit from the deal by adding a major customer to its highly profitable Azure cloud computing business. This is further likely to strengthen its market position against stiff competition from Amazon.com, Inc.’s Amazon Web Services. In addition, it is expected to negate Amazon’s foray in the gaming domain with its nearly $1 billion acquisition of Twitch, a leading live streaming platform for gamers.
Furthermore, the deal would help Microsoft to gain access to Sony's image sensors to help create "new intelligent image sensor solutions" by leveraging its own AI solutions. This is expected to improve the functionality of the sensors for enterprise customers, although finer details are yet to be divulged.
Should Google Worry?
The unlikeliest of the pairing is perhaps aimed to take competition head on as Alphabet’s gaming platform Stadia is primed for the market later this year. Stadia aims to outsmart rivals by enabling users to stream games online on any device like smartphones, laptops, desktops and tablets or on televisions with the aid of Chromecast media stick connection, without shelling out extra money for expensive gaming consoles and PCs. The company also intends to leverage its video streaming platform, YouTube, along with its cloud computing capabilities to ensure seamless gaming facilities.
With the partnership, both Sony and Microsoft are aiming to boost the capabilities of PS4 and Xbox and counter whatever Google Stadia plans to bring to the table. Notably, Microsoft’s Xbox is also collaborating with Nintendo Co., Ltd. by offering its games and services through Nintendo Switch gaming console. Per media reports, Microsoft is reportedly planning to bring Xbox Game Pass and xCloud (its upcoming game streaming service) to Switch. It appears that rival firms are all getting united as new challengers are attempting to upend the industry, and Google should surely take a note for an appropriate action.
Game on, Gamers?
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Sony, Microsoft, Amazon.com, Alphabet and Nintendo
For Immediate Release
Chicago, IL – May 20, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Sony Corporation , Microsoft Corporation (MSFT - Free Report) , Amazon.com, Inc. (AMZN - Free Report) , Alphabet (GOOGL - Free Report) and Nintendo Co., Ltd. (NTDOY - Free Report) .
Here are highlights from Friday’s Analyst Blog:
Game On: Sony, Microsoft Team Up on Streaming Games
In a dramatic turn of events, Sony Corporation (SNE) and Microsoft Corporation — once thought to be bitter rivals in the gaming space — have joined forces to reshape the dynamics of the industry. The strategic partnership aims to tap the cloud-based platform for streaming games, while collaborating for the development of image sensors utilizing AI tools. Although the deal is still in a nascent stage, it has surely ruffled the feathers of other participants in the arena, and is likely to pep up the overall gaming industry.
On Cloud 9!
Sony and Microsoft have often crossed swords with each other with respective gaming consoles — Xbox One and PS4. But the two firms have now put aside their differences to share technologies and build upon integrated infrastructure for some of their future endeavors. Specifically, Sony intends to utilize Microsoft’s Azure cloud services for streaming games and media content to consumers while offering game makers new development tools to further enrich the interactive entertainment platform.
Available in 140 countries in 54 regions worldwide, Microsoft Azure is a cloud computing service that leverages Microsoft's extensive data centers. This is likely to prop up PlayStation's game- and content-streaming services by overcoming one of its nagging problems — slow download speed. By moving over to Microsoft's cloud solutions, Sony is likely to iron out this technical issue and offer superior consumer experience through improved user interface.
Reciprocal Symbiosis?
Microsoft also stands to benefit from the deal by adding a major customer to its highly profitable Azure cloud computing business. This is further likely to strengthen its market position against stiff competition from Amazon.com, Inc.’s Amazon Web Services. In addition, it is expected to negate Amazon’s foray in the gaming domain with its nearly $1 billion acquisition of Twitch, a leading live streaming platform for gamers.
Furthermore, the deal would help Microsoft to gain access to Sony's image sensors to help create "new intelligent image sensor solutions" by leveraging its own AI solutions. This is expected to improve the functionality of the sensors for enterprise customers, although finer details are yet to be divulged.
Should Google Worry?
The unlikeliest of the pairing is perhaps aimed to take competition head on as Alphabet’s gaming platform Stadia is primed for the market later this year. Stadia aims to outsmart rivals by enabling users to stream games online on any device like smartphones, laptops, desktops and tablets or on televisions with the aid of Chromecast media stick connection, without shelling out extra money for expensive gaming consoles and PCs. The company also intends to leverage its video streaming platform, YouTube, along with its cloud computing capabilities to ensure seamless gaming facilities.
With the partnership, both Sony and Microsoft are aiming to boost the capabilities of PS4 and Xbox and counter whatever Google Stadia plans to bring to the table. Notably, Microsoft’s Xbox is also collaborating with Nintendo Co., Ltd. by offering its games and services through Nintendo Switch gaming console. Per media reports, Microsoft is reportedly planning to bring Xbox Game Pass and xCloud (its upcoming game streaming service) to Switch. It appears that rival firms are all getting united as new challengers are attempting to upend the industry, and Google should surely take a note for an appropriate action.
Game on, Gamers?
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.