ESPO / ESPO: The Gaming Industry ETF Is Overvalued And Presents A Good Selling Opportunity

The United States witnessed a substantial economic growth in the third quarter of 2023, with the real gross domestic product growing at an annual rate more_horizontal

A new report from venture capital firm Konvoy, as quoted on CNBC, reveals that publicly listed gaming companies are holding a substantial $45 billion more_horizontal

The VanEck Video Gaming and eSports ETF lacks diversification and major players in the gaming sector such as Meta, Google, Microsoft, and Apple. The g more_horizontal

After a run of bullishness forged against the backdrop of coronavirus shutdowns, video game stocks slumped in 2022. They're rebounding this year as hi more_horizontal

I am bearish on ESPO at current levels due to deteriorating fundamentals, high valuations, and a potential market shift favoring bears. The current ma more_horizontal

The world of video gaming is experiencing an unprecedented transformation. The catalysts? Cutting-edge technologies like artificial intelligence (AI) more_horizontal

The Fed's decision to boost liquidity could give a shot in the arm to the holdings of ESPO which look oversold relative to the Nasdaq. The long-term p more_horizontal

Electronic Arts Inc. (NasdaqGS: EA) shares climbed Friday, paring some of the losses in gaming sector-related exchange traded funds, on a potential de more_horizontal