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Electronic Arts Inc. (EA.O) is a multinational entertainment software company, founded in 1982. Its headquarters are located in Redwood City, California. EA develops, sells and distributes games playable on consoles, PCs, tablets and mobile phones. The company owns and markets such game brands as Mass Effect, Battlefield, Need for Speed, The Sims, and Plants vs. Zombies. EA also makes games that are based on licensed brand names, e.g. Star Wars, FIFA, Madden NFL. Users can purchase and download EA games via the Origin platform or from third parties stores. Electronic Arts Inc. is listed on the NASDAQ and constitutes the NASDAQ-100 stock index.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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