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Can Rush Street Interactive (RSI) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-08-25 17:21
Rush Street Interactive, Inc. (RSI) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-t ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Roblox Corporation – RBLX
GlobeNewswire News Room· 2025-08-25 15:39
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Roblox Corporation and its officers or directors [1] Group 1: Legal Issues - Louisiana Attorney General filed a lawsuit against Roblox, alleging inadequate controls on its online gaming platform that allow child predators to exploit children [3] - The lawsuit claims that the platform facilitates connections between predators and children, enabling the sharing of sexually explicit material [3] Group 2: Market Reaction - Following the news of the lawsuit, Roblox's stock price dropped by $7.94 per share, a decline of 6.34%, closing at $117.34 per share on August 15, 2025 [4] Group 3: Pomerantz LLP Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for victims of securities fraud and corporate misconduct [5]
US tech stocks vs Chinese tech stocks: How they compare
Yahoo Finance· 2025-08-23 14:01
[Music] Chinese tech stocks are roaring back this year, but they're still just a fraction of their multi- trillion dollar rivals when it comes to company size. Today, we're going to be exploring some of these matchups to highlight what makes each unique, why their stats look so different and what matters next for them. So, here's our map for the day.We've got three clean faceoffs, Alphabet and BYU in search and ads, then Amazon and Alibaba in e-commerce and also the cloud. Finally, Meta and Tencent in socia ...
消费1050万,抖音“钞能力”大佬现身,只为给网红版“刘亦菲”拉票
Sou Hu Cai Jing· 2025-08-22 16:27
Core Viewpoint - The article highlights the increasing trend of wealthy individuals spending large sums of money on virtual goods and experiences in online games and short video platforms, particularly focusing on a notable case in the game "逆水寒" (Nishuihan) [1][4][6]. Group 1: Spending Behavior of Wealthy Players - A wealthy individual recently spent 10.5 million yuan (approximately 1.05 million) on the Douyin platform to support a favored internet celebrity version of "Liu Yifei" [4]. - This extravagant spending is perceived as a minor expense for the wealthy, contrasting with the average person's view of such amounts as astronomical [4][10]. - The individual, known as "馒头," is recognized as one of the top players in the "龙虎区" (Longhu District) of "逆水寒," having previously ranked first in a partner event [8][10]. Group 2: Game Popularity and Player Engagement - "逆水寒" is known for its engaging gameplay and a significant number of wealthy players, especially after the launch of its "黄金服" (Golden Server) earlier this year, which attracted millions of new players [6][10]. - The game has a vibrant community where players like "馒头" frequently spend large amounts on premium equipment and gifts for other players, showcasing their financial prowess [10][18]. - The recent "大宋佳人" (Great Song Beauty) event in the game prompted many wealthy players to compete in spending to support their favorite contestants, leading to a lively and competitive atmosphere in the live streaming sessions [14][18].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Roblox Corporation - RBLX
Prnewswire· 2025-08-22 14:00
Group 1 - Pomerantz LLP is investigating claims on behalf of investors of Roblox Corporation regarding potential securities fraud or unlawful business practices by the company and its officers [1] - Louisiana Attorney General filed a lawsuit against Roblox, alleging that the company's online gaming platform lacks controls that allow child predators to pose as children, creating a dangerous environment for minors [2] - Following the lawsuit, Roblox's stock price dropped by $7.94 per share, or 6.34%, closing at $117.34 per share on August 15, 2025 [3] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [4]
SharpLink Authorizes $1.5 Billion Stock Buyback Program
Globenewswire· 2025-08-22 12:00
Core Viewpoint - SharpLink Gaming, Inc. has announced a stock repurchase program of up to $1.5 billion to enhance market support and optimize capital allocation [1][2]. Company Overview - SharpLink Gaming, Inc. is one of the largest corporate holders of Ether (ETH) and advocates for Ethereum adoption, aligning its treasury strategy with digital capital [1][3]. - The company is headquartered in Minneapolis, Minnesota, and is publicly traded on Nasdaq under the ticker SBET [3]. Stock Repurchase Program - The stock buyback program is intended to provide flexibility for the company to act decisively when its stock trades at or below the net asset value of its ETH holdings [2]. - Repurchases may occur through open market purchases, privately negotiated transactions, or other means permitted under applicable securities laws, depending on market conditions [2]. - The company is not obligated to repurchase a specific number of shares, and the program may be suspended or discontinued at any time [2]. Strategic Vision - SharpLink is focused on reimagining the future of online gaming by building scalable, secure, and transparent solutions that innovate the user experience [4].
B站陈睿称4到5款游戏待版号,将推三国IP休闲游戏
Xin Lang Ke Ji· 2025-08-22 02:35
财报发布后,B站董事长兼 CEO 陈睿、副董事长兼首席运营官李旎以及 CFO 樊欣等公司高管出席了随 后举行的财报电话会议,解读财报要点,并回答分析师提问。 【#B站陈睿称4到5款游戏等待版号#,近期会公布一款三国IP休闲游戏】哔哩哔哩(B站)昨日发布了 截至 6 月 30 日的 2025 年第二季度财报。#B站第二季度日均活跃用户1.09亿# 财报显示,B站 2025 年第二季度移动游戏营收为 16.1 亿元,同比增长 60%。(IT之家) 谈到游戏业务,陈睿透露,目前有 4 到 5 款游戏正在等待版号,拿到版号以后就会适时公布,近期会公 布的是一款三国 IP 的休闲游戏。 ...
X @TechCrunch
TechCrunch· 2025-08-21 20:58
Regulatory Impact - Several Indian startups, including Dream Sports, MPL, and Zupee, are shutting down their real-money games [1] - Parliament passed a bill banning such games, leading to the shutdowns [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Roblox Corporation – RBLX
GlobeNewswire News Room· 2025-08-21 18:51
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Roblox Corporation and its officers or directors [1] Group 1: Legal Issues - Louisiana Attorney General filed a lawsuit against Roblox, alleging inadequate controls on its online gaming platform that allow child predators to exploit children [3] - The lawsuit claims that the platform enables predators to pose as children and bypass age requirements, facilitating the sharing of sexually explicit material [3] Group 2: Market Reaction - Following the news of the lawsuit, Roblox's stock price dropped by $7.94 per share, a decrease of 6.34%, closing at $117.34 per share on August 15, 2025 [4]
Clairvest Provides Update on Head Digital Works Investment
Globenewswire· 2025-08-21 15:23
Core Viewpoint - Clairvest Group Inc. announced a significant regulatory challenge for Head Digital Works, an online skill-based gaming platform in India, following the passage of new legislation that bans real money gaming in the country [1][2]. Company Summary - Clairvest Group Inc. (CVG) and Clairvest Equity Partners V invested in Head Digital Works in 2017 [1]. - CVG's investment in Head Digital Works accounts for 9.6% of its book value on a pre-tax, pre-carry basis as of June 30, 2025 [3]. - Clairvest manages CAD $4.6 billion in capital and has a history of investing in owner-led businesses, achieving top quartile performance [4]. Industry Summary - The Indian Parliament passed new online gaming legislation on August 21, 2025, which bans real money gaming and its facilitation [2]. - The legislation requires the President of India’s signature to take effect, which would render Head Digital Works' operations illegal in India [2]. - Head Digital Works plans to challenge the legislation's validity and seek injunctive relief during court proceedings [2].