Adam Ziaja/Shutterstock.com
- Bank of America Merrill Lynch outlined more than 60 events that could shake up the internet and gaming sector in the second half of 2019.
- The firm’s analysis includes the companies that are likely to reap the most benefit from each event, and which firms face the greatest risk.
- Here are ten of the biggest events investors should look out for in the internet and gaming space for the second half of 2019.
- Visit the Markets Insider homepage to read more stories.
The rest of 2019 is set to be an exciting year for internet and gaming companies.
A team of analysts at Bank of America Merrill Lynch broke down which events in the second half of 2019 will have the greatest impact on the space.
From Google’s launch of its gaming platform to some of the biggest tech conferences, here are ten events in the internet and gaming space — listed in chronological order — that could move the market in the second half of 2019:
G20 summit in Osaka
NICOLAS ASFOURI/AFP/Getty Images
When: June 26-28
Why: Trump’s meeting with Chinese President Xi Jinping could impact the retail supply chain and third-party sellers based in China.
Potential winners/losers: Amazon, Wayfair
Source: Bank of America Merrill Lynch
Amazon Prime Day
Getty/Helen H. Richardson
When: July 15-16
Why: Analysts from Bank of America expect Amazon to offer attractive deals on electronics and possible discounted Prime memberships.
Potential winners: Amazon
Potential losers: eBay, retail sector
Source: Bank of America Merrill Lynch
From Insider Picks: Amazon Prime Day 2019 is fast approaching — check out the best deals we expect to see again this year
House and Senate hearings on Facebook’s Libra
Getty Images
When: July 16-17
Why: According to Bank of America’s analysts, Facebooks plans on fully cooperating with the hearing but has no intention of pausing the project.
Potential winner/loser: Facebook, of course
Source: Bank of America Merrill Lynch
See the rest of the story at Business Insider
See Also:
- A Wall Street quant guru outlines the 11 trades an investor needs to build the perfect portfolio
- The next jobs report will be the most important in recent memory. Here’s why it could be a make-or-break moment for the stock market’s red-hot rally.
- ‘Don’t trust the US stock market at this level’: One expert outlines a scenario that could send equities crashing with little notice
Source: Business Insider – feedback@businessinsider.com (Daniel Strauss)