50/50 Chance MSFT & ATVI Deal Approved, According To Morningstar

Activision Blizzard (ATVI) posted its second straight quarter of growth after four quarters of declines, and Morningstar's conviction that the Microsoft (MSFT) deal will be approved is now 50/50 from "more likely than not," notes a Morningstar analyst. Neil Macker discusses how U.K. regulators blocked Microsoft's (MSFT) deal for Activision Blizzard (ATVI) and MSFT is to appeal the U.K. regulator decision. He also talks about the outlook for video game companies, as well as what's next for cloud gaming, highlighting stocks such as Take-Two (TTWO), Roblox (RBLX), and Electronic Arts (EA). Tune in to find out more about the stock market today.

Morning Trade Live

27 Apr 2023

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