Author Archives: Scalper1

Kendall And Kylie Jenner Video Game Gives Glu Mobile A Lift

Freemium game publisher Glu Mobile ( GLUU ) got a lift on Thursday from the launch of its latest celebrity video game, based on reality TV stars Kendall and Kylie Jenner. The mobile game, “Kendall & Kylie,” quickly jumped to the top of the download chart on Apple ‘s ( AAPL ) App Store. On Alphabet ‘s ( GOOGL ) Google Play store, however, it ranked No. 129 on the free games chart on Thursday afternoon. Shares of Glu, a low-priced and volatile small-cap, jumped 4.5% to 3.74 on the stock market today . Earlier in the session, the stock had risen as much as 8.7%. San Francisco-based Glu has struggled to find a follow-up to its hit celebrity game “Kim Kardashian: Hollywood.” But the Jenner girls, Kim’s half-sisters, appear to have the Kardashian golden touch. Customer reviews of the new game have been highly favorable, in contrast to Glu’s previous celebrity game, “Katy Perry Pop,” which flopped. Like all of Glu’s games, “Kendall & Kylie” is free to play, but users can buy extras to enhance the game. “Kendall & Kylie” features the voices, likenesses and exclusive video messages from the Jenner sisters. In the game, players interact with the sisters as friends and mentors as they work to realize their creative and career aspirations. “Kendall and Kylie Jenner’s combined social followers have more than doubled to over 150 million since Glu’s original partnership announcement, showcasing their tremendous impact on pop culture,” Glu CEO Niccolo de Masi said in a statement . “The global awareness of each of their personal brands makes them great partners for mobile gaming.” Other upcoming celebrity video games from Glu will feature pop singers Britney Spears, Nicki Minaj and Taylor Swift. RELATED: Taylor Swift Video Game In Glu Mobile Investors’ ‘Wildest Dreams’ Zynga Stock Getting Dogged By Declining User Base .

Nvidia Retakes Critical Level As Stock Spikes On Earnings

Loading the player… Shares of Tesla Motors ( TSLA ) partner Nvidia ( NVDA ) are surging in the stock market today after the chipmaker reported estimate-beating quarterly results late Wednesday. Sales jumped 12%, and earnings came in flat. Nvidia’s guidance was also well above forecasts. Aside from making graphics chips for Tesla, Nvidia also makes graphics processing units used in the gaming industry. The company is expected to benefit from the launch of the Facebook ( FB )-owned Oculus Rift virtual reality headset, as well as the influx of VR content. The stock popped 8.6% to 30.04 in big volume, retaking its 50-day moving average just a few sessions after finding support at the critical 200-day line. Shares are now about 11% below their all-time high reached at the end of last year and are facing a potential buy point of 34.04. Meanwhile, chipmaker peer Maxlinear ( MXL ) was also able to retake its 50-day line intraday but fell back below that level, closing 1% lower. Volume was below average. Shares are trading about 16% below a buy point at 17.85. And Apple ( AAPL ) supplier Broadcom ( AVGO ), struggling to hold above its 200-day line, fell 2.8% Thursday. The stock has been consolidating since last June. Apple fell 1.9% Thursday, while Facebook dropped 1.6%.

AT&T, Verizon Reach Stock Buy Points; High-Rated Nvidia Rockets

Loading the player…   After three straight up days for the stock market through midweek, some top-rated tech stocks are flashing buy signals, and others are on the move. Graphics chip maker Nvidia ( NVDA ) jumped as much as 12% early Thursday after the Tesla Motors ( TSLA ) partner blew past estimates for the fourth quarter, as well as beating on guidance, with its Wednesday afternoon earnings report . Heading toward the closing bell Nvidia stock was up almost 9% for the day, near 30. The company gets a strong 93 Composite Rating out of a possible 99 from IBD, and while not yet in buy range, it is moving in the right direction. Wednesday, the company said Facebook ( FB ) and Alibaba Group ( BABA ) will use its accelerator technology for machine learning, an aspect of artificial intelligence. The S&P 500 index was down fractionally approaching Thursday’s closing bell, tempering the stock market rally this week. Telecoms Grab Top Ratings Sole IBD Leaderboard tech stock  AT&T ( T ) climbed into buy range above 36.55 as of Tuesday, from a recent base. It was up almost 1% ahead of the closing bell in the stock market today , near 37. Fund managers have increased holdings, drawn partly by AT&T dividends and the company’s stability as a defensive play. It gets a best-possible IBD Composite Rating of 99. That other big telecom, Verizon ( VZ ), also has a high dividend and gets a best-possible Composite Rating from IBD. Up more than 1% in afternoon trading, it rose into buy range today, just above a 50.96 buy point. Near the closing bell Verizon flirted with that number. It’s on IBD’s Big Cap 20 list, as is cable giant Comcast ( CMCSA ), expected to bid for wireless spectrum in a March FCC auction. Comcast could become a significant wireless provider, Mobilocity analyst Gerry Purdy said Wednesday. It’s about 9% under a buy point and was trading near 57 Thursday afternoon, down a fraction. Research this week from S&P Capital IQ analyst Lindsey Bell pegs telecom services as the leader in terms of Q4 earnings growth among 10 sectors it tracks, at about 20%. Verizon stock is up about 10% so far this year, and AT&T is 8% higher. Comcast is up about 2%, while Nvidia remains down 9%.