MSFT/ATVI Deal Without Cloud Gaming Rights & QCOM To Lay Off ~1,300 Positions

The U.K. CMA cleared the Microsoft (MSFT) and Activision Blizzard (ATVI) deal but without cloud gaming rights. The CMA was the final regulator holding up the deal. Caleb Silver spotlights the MSFT/ATVI deal. MSFT is to allow Ubisoft to offer ATVI content under any business model. He also talks about how Qualcomm (QCOM) will eliminate nearly 1,300 positions in California. He then goes over the role of uncertainty in the current market. Tune in to find out more about the stock market today.

Trading 360

13 Oct 2023

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