Bank earnings ahead, Microsoft-Activision deal latest - what's moving markets

Investing.com -- U.S. stock futures were mixed heading into the final trading day of the week, with investors preparing for the release of quarterly results from large Wall Street banks and parsing through recent inflation data. Elevated interest rates are expected to factor heavily into returns from lenders JPMorgan approved a revised tie-up that will see Activision sell its cloud streaming rights to French video game group Ubisoft Entertainment.

Microsoft is now on track to close the deal by Oct. 18. It had previously extended the deadline to finalize the acquisition by three months in a bid to restructure the agreement to assuage the CMA's concerns.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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U.K. Competition Regulator Greenlights Microsoft’s Activision Blizzard AcquisitionI am a Breaking News Reporter at Forbes, with a focus on covering important tech policy and business news. Graduated from Columbia University with an MA in Business and Economics Journalism in 2019. Worked as a journalist in New Delhi, India from 2014 to 2018.
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