Roku’s Peacock Deal and Xbox vs. PlayStation 🎮

Table of Contents

Roku’s Peacock Deal and Xbox vs. PlayStation

Roku

Months of talks between Roku and NBC to get NBC’s new streaming service Peacock on Roku seemed hopeless when the two companies publicly butted heads last week. However, they reached a deal yesterday and Peacock will now be accessible on Roku devices.

Roku’s stock jumped nearly 18% yesterday. This was big news not only because of Peacock’s inclusion, but also because it could be a sign that more services will come to Roku. The company is currently negotiating with HBO to get HBO Max to the platform. The Peacock deal is a good sign that Roku will have a wide menu of options for its customers.

Microsoft

Microsoft announced a $7.5 billion acquisition of video game studio Bethesda yesterday, a significant move in the battle with PlayStation for the superior next generation console. Both companies are planning to release new gaming consoles in November, and this deal could give Microsoft a leg up in the competition. The acquisition will bring many new games to Microsoft’s Xbox Game Pass service.

The battle between Sony’s PlayStation and Microsoft’s Xbox will be one to keep an eye. Will Microsoft’s strategy with Bethesda’s many games be to keep them exclusive to Xbox so that Xbox sales increase, or will they release the games on many platforms hoping the games themselves drive significant revenue. The success of each console and each company’s business strategy will shape the gaming industry for years to come.

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
Load More
Get your daily Invstr Crunch

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

Facebook Twitter Youtube Instagram Snapchat Tiktok
learn
products
plan
Who we are
blog

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.