Take- Two Interactive & Roku’s New Button 🎮🍎

Table of Contents

Take- Two Interactive & Roku’s New Button

Take-Two Interactive

Take-Two Interactive is an American video game holding company based in New York City and founded in 1993. The company owns two major publishing labels, Rockstar Games and 2K, which operate an internal game development studio. Rockstar Games are the creators of the hit 2013 game, grand theft auto 5. The game comes in second for all-time sales (after Minecraft of course) with an astounding 145,000,000 sales.

After 8 years and a decade approaching GTA 5’s release date, fans are craving a new game — the long-awaited sequel — GTA 6. Recently, an insider with a strong track record for video game predictions (Tom Henderson) has expressed his opinion that the game could be 2024 or even 2025. Take-two’s stock has seen continued growth of engagement in its massive open-world game Grand Theft Auto V even with the return to normal life. The new consoles (PS5 and Xbox series X) by Sony and Microsoft respectively will be seeing a GTA 5 remastered this November.

Roku  

Roku is a brand of hardware digital media players manufactured by American company Roku, Inc. They offer access to streaming media content from various online services. The first Roku model, developed in collaboration with Netflix, was introduced in May 2008.

Roku has seen immense progress. In fact, to date Roku’s user growth (which is mostly from the U.S. and Canada) has been immense. On top of this, Roku has been working on international expansion. The company now operates in more than 20 countries including the U.K., Mexico, and Brazil.

Yesterday Roku’s stock suddenly flew – departing from the largely stagnant and sideways trading trend of the past week. The reason behind this is that the company posted a picture of a new remote that has an Apple TV button. The button comes in place of the old Sling TV button few people use and adds in Apple (who likely paid a large amount of money for the remote real estate). Apple TV now joins Disney+, Hulu, and Netflix as part of Roku remote’s buttons.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:
More Posts
PGA Tour Enters Investment Talks 💪

As reported on Thursday, both Endeavor Group and Fenway Sports have displayed interest and begun discussions to provide investment in the PGA Tour.

Nike Just Didn’t Do It 📉

Providing one of the biggest earnings reports of the week, $140 billion shoe and clothing retailer Nike posted a significant slip.

Market Recap – September 28th 💰

After the 10-year Treasury yield bond fell off from its 15-year high, investors added some value back into the market, focusing all short-term attention on Friday’s PCE price index reading.

The Crude Oil Bust 🛢

Surging global crude oil prices, driven by factors like OPEC+ production cuts have pushed U.S. West Texas Intermediate futures to over $95 per barrel.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.