
The G20 summit took place in Bali, Indonesia, on November 2022…
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
Electronic Arts will post the earnings data on Wednesday at 00:00 MT time (after the market closes).
Analysts expect EPS at 2.95 and revenue at $2,386. The chart below shows us that the expectations are higher compared to the previous two years. Looks impressive, right?
Sourced by: Estimize
The EA’s stock has been recently added to the FBS MT5 terminal. Let’s see what’s so interesting about this company and its stock, and how you can take advantage out of its financial results.
Electronic Arts, or simply EA, is a famous American videogame producer. It is the second-largest gaming company in the United States and Europe by revenue and market capitalization after Activision Blizzard. Its top games are Battlefield, Need for Speed, The Sims, Medal of Honor, Command & Conquer, Dead Space, and many more. The company is included in NASDAQ and S&P500. As we can see, there are plenty of reasons to trade the stock of EA now. Let’s look at its fundamental background in more detail.
The company survived the pandemic pretty well amid increased demand for games. It has jumped from its pre-Covid levels of around $110 to the all-time high of $150. The company benefited from in-game spending and more subscriptions that helped it to initiate its first dividend at the end of 2020.
Another positive factor is the launch of Xbox X by Microsoft. You may wonder what this news has to do with Electronic Arts. The thing is, the new Xbox’s cloud gaming Xbox Game Pass Ultimate provides access to EA Play – a platform with dozens of games from EA's catalog, including, but not limited to FIFA 20 and Madden. EA Play currently represents a small part of the game developer's business. At the same time, it's one of the most perspective factors for a long-term investment.
As for new games, the company plans to launch at least six of them on the Xbox Series X and PlayStation 5. We expect a new Battlefield and Need for Speed to be among them.
The fundamental outlook is glowing, but what about the technical picture? After reaching the all-time high of $150 last week, the stock was driven down by the selling pressure in the stock market. On Friday, it bounced off the ascending trendline but the upside momentum was limited by the $144 level. If the earnings outperform forecasts from Wall Street, the stock will break the resistance at the $144 level and aim to retest the high of $150. Alternatively, we expect a plunge towards $136.4 with the following breakout to $130.
Don't know how to trade stocks? Here are some simple steps.
The G20 summit took place in Bali, Indonesia, on November 2022…
The deafening news shocked the whole world yesterday: the British Queen Elizabeth II died peacefully at the age of 96…
After months of pressure from the White House, Saudi Arabia relented and agreed with other OPEC+ members to increase production.
Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, striking above 150 in October. While anticipation of slower Fed rate hikes pulled the pair below the 130 level at the start of 2023, the speculations over the destiny of BOJ’s yield control policy grabbed the attention of the Japanese assets in the middle of January. What lies ahead for traders of the Japanese yen?
Today, at 5:00 pm (GMT +2), the Bank of Canada will publish the Overnight Rate, which represents short-term interest rates, and is pivotal to the overall pricing of the Canadian Dollar in the global markets. Let's look at how the markets are faring ahead of the BoC rates release.
In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later