RDR2 sales take off, and Take-Two (TTWO.NASDAQ) goes on a wild ride (UPDATED)

Bo Ramone
October 29, 2018
Giddyup! All over the world, console videogamers are busy reacquainting themselves with John Marston and the Wild West setting of Blackwater in Rockstar Games’ Red Dead Redemption 2, the long-awaited, much-anticipated sequel to 2010’s beloved Red Dead Redemption and the third instalment of the series which began with Red Dead Revolver in 2004. Meanwhile, the stock price of Rockstar’s parent company, Take-Two Interactive (TTWO.NASDAQ), is going on its own wild ride at the moment.

Michael Jordan heads USD$26M investment in aXiomatic Gaming

Bo Ramone
October 26, 2018
The esports train keeps on rolling, and the latest to hop on board is Michael Jordan. Bleacher Report and TechCrunch report the Basketball Hall of Famer, principal owner and chairman of the National Basketball Association’s Charlotte Hornets is at the forefront of USD$26 million in financing into a startup called aXiomatic Gaming ( @aXiomaticGaming) along with billionaire investor and Carlyle Group founder David Rubenstein’s Declaration Capital.

Big wobble adds to FAANG woes for Amazon (NASDAQ: AMZN)

Bo Ramone
July 31, 2017
FAANG stocks (Facebook, Amazon, Apple, Netflix and Google) have had a rough ride lately. In June all five closed down at least three percent on big volumes. Then came Amazon’s news on earnings last Thursday. Thomson Reuters had predicted AMZN’s earnings at $1.42/share, but came in at an astounding $0.40/share. It’s the biggest miss by the retail and media giant since 2011.

Flying high: cannabis tourism has taken off, but will it continue?

Bo Ramone
March 21, 2017
How popular has marijuana become? Now that it has been legalized or decriminalized in eight U.S. states and is also available via prescription in some parts of Canada, cannabis tourism appears to be higher (cough) than ever. Hoping to get on board the trend is ZoomAway Travel (TSXV: ZMA) (FSE: 4ZO), which is actively looking for ways to connect cannabis consumers with venues that cater to them.

Patriot One (PAT.V) to launch concealed-weapons detection study at U.S. school

Bo Ramone
March 15, 2017
All regions in the United States now allow citizens either with or without permits to sport concealed-carry weapons, and the effort to enhance detection and security has become more acute. To that end, Patriot One Technologies Inc. (PAT.V) has entered into a memorandum of understanding with the University of North Dakota for a real-world pilot study of its NForce CMR1000 concealed-weapons detection system.