Activision's CEO Bobby Kotick, during a CNBC interview, addressed shareholder concerns about the company's impending deal, expressed optimism about overcoming regulatory challenges in the UK, and underscored the company's pursuit of AI and machine learning talent amid a competitive landscape.

Activision Blizzard (NASDAQ: ATVI),a game development company is one of the largest game publishers and developers in the world.

Yet, the video game industry can boast of some outstanding stocks that can give you great returns while this economic downturn persists.

Savvy investors tend to follow the strategies of Hedge funds like Berkshire Hathaway, owned by Warren Buffett. Some recent buys of Berkshire Hathaway are Chevron Corp, Nu Holdings, and Activision Blizzard. 

Microsoft likely dealt a death blow to gaming retailers last week.

Microsoft announced the deal on Tuesday.

Key franchises delivered better-than-expected results, with growth led by the Call of Duty franchise.

The game is on for Activision Blizzard. Can they keep up the pace?