Group 1: ClearBridge Investments and Mid Cap Strategy - ClearBridge Mid Cap Strategy underperformed against the Russell Midcap Index, which returned 0.16% during Q4 2025, due to narrow market leadership and sentiment-driven trading [1] - Weakness in information technology and real estate holdings negatively impacted returns, while gains in select consumer discretionary stocks provided partial support [1] - The portfolio management team expressed cautious optimism for the future, citing improving clarity around policy, interest rates, and business investment as potential positive factors for active stock selection [1] Group 2: Churchill Downs Inc. Overview - Churchill Downs Inc. operates gaming, racing, and online wagering assets, including the Kentucky Derby, with a one-month return of -11.91% and a market capitalization of approximately $7.029 billion [2] - The stock price of Churchill Downs Inc. has fluctuated between $85.58 and $126.60 over the past 52 weeks, closing at around $100.23 on January 27, 2026 [2] Group 3: Performance Insights on Churchill Downs Inc. - ClearBridge Investments highlighted Churchill Downs Inc. as a new holding that advanced as operating trends normalized following earlier weaknesses related to the Kentucky Derby and softer consumer sentiment [3] - Churchill Downs Inc. was held by 45 hedge fund portfolios at the end of Q3, an increase from 43 in the previous quarter, indicating growing interest among institutional investors [4]

以下文章来源于中国企业家杂志 ，作者李晓天 将投中网设为"星标⭐"，第一时间收获最新推送 巨人网络或许能回到主牌桌上。 作者丨 《中国企业家》见习记者 李晓天 记者 马吉英 见习编辑｜张昊 编辑｜马吉英 来源丨 中国企业家杂志 中国企业家杂志 . 讲好企业家故事，弘扬企业家精神 1月2日，巨人网络市值终于重回"千亿俱乐部"。 去年9月，当它的股价突破了40元时，就有媒体开始为这一刻"倒计时"，因为它过去一年涨势凶猛，年初时股价还在11元上下。虽然此后下跌，它在千 亿元市值上没停留太久，但这已不影响投资者的高预期。 最显性的变化是《超自然行动组》的出现，这是去年行业公认的大黑马之一。去年1月正式上线后，从畅销榜的增长曲线来看，它的排名从6月开始快速 上升，并在7月达到新高——游戏同时在线人数突破100万，在iOS免费榜和畅销榜最高拿到过Top2和Top4的成绩，此后长期稳定在Top20以上的水 平。 其核心玩法正是当下最流行的"搜打撤（物资搜索、战斗对抗及撤离目标）"，玩家可1~4人组队，探索神秘未知的古迹。它还处在"微恐"赛道中，因为 与网易旗下爆款产品《第五人格》高度重合，对后者造成了业绩冲击，网易CEO丁 ...

Core Viewpoint - The company, formerly known as Lottery.com Inc., is rebranding to Sports Entertainment Gaming Global Corporation to reflect its strategic shift from a lottery-focused business to a diversified enterprise in sports, entertainment, and gaming sectors [1][2]. Group 1: Name Change and Strategic Shift - The name change has been approved by the Company's Board of Directors and will take effect upon acceptance by the Delaware Secretary of State [1][2]. - This transformation aims to advance a diversified portfolio of assets across various verticals, including sports and entertainment [2]. Group 2: Business Operations and Leadership - The company is focusing on increasing revenue and enhancing the value of its domain name assets, which include Sports.com, Concerts.com, TicketStub.com, and Lottery.com [3]. - The current leadership team has undergone significant changes since mid-2022, ensuring compliance with SEC regulations and distancing itself from past executive conduct [5]. Group 3: SEC Complaint and Company Response - A civil complaint has been filed by the SEC against former executives related to conduct from 2020 to mid-2022, but the current management was not involved in these actions [4][5]. - The company has cooperated fully with the SEC's investigation and is engaged in discussions regarding a potential settlement, believing the claims lack merit [5]. Group 4: Shareholder Engagement - The company has seen a significant increase in shareholder engagement, gaining over 3,600 new shareholders in the last 30 days, representing a 68% increase [6]. Group 5: Company Overview - SEGG Media is positioned as a global sports, entertainment, and gaming group that integrates traditional assets with blockchain innovation, focusing on immersive fan engagement and ethical gaming [7].

每当某些平台出现大规模崩溃，网络上总会流传出一段"内部人士"的聊天记录，其中有模有样地描绘了"删库跑路"的都市传说：某位被裁的程序员心怀不 满，趁着手头还有权限时删除数据库或是物理关闭服务器，进而导致公司业务崩溃，实现技术性报复。 当然，大多数时候，"删库跑路"都只是程序员之间发泄工作压力的一句玩笑。然而最近，类似的情节真的在北美的游戏行业发生了。 如果一个游戏工作室的邮箱域名退信，主页还变成了这样，大概很难不觉得他们要跑路了 前几天公示的一则起诉书显示，游戏工作室That's No Moon（以下简称TNM）的联合创始人兼CEO迈克尔·蒙鲍尔，在被解雇的5年后劫持了工作室主页的 域名。TNM成立于2020年，据介绍由来自Infinity Ward、顽皮狗等3A工作室的资深人士创办，至今尚未公布任何一款游戏。 据TNM称，蒙鲍尔在担任CEO期间购买了与工作室相关的一系列域名，并以个人名义进行了注册。5年前，他因泄密而被辞退，然而至今仍把工作室域名 攥在手上。期间，TNM曾试图通过仲裁拿回网站，最终却因为没有注册商标而被驳回。 直到上周二，前CEO忽然开始对域名下手了：他禁用了工作室的访问权限，还关闭了员工向外 ...

Core Insights - Chautauqua Capital Management's fourth-quarter 2025 investor letter highlights a strong performance in global equities, with international markets outperforming U.S. equities significantly, aided by a weaker dollar and improving trade conditions [1] - The Baird Chautauqua International Growth Fund returned +0.11% in Q4 2025, lagging behind the MSCI ACWI ex-U.S. Index's +5.05%, while the Global Growth Fund gained +4.18%, outperforming its MSCI ACWI Index® ND's +3.29% [1] - The fund remains focused on high-quality businesses with strong cash flows and balance sheets, despite near-term headwinds from sector rotations and profit-taking in Greater China [1] Company Analysis: Sea Ltd. (NYSE:SE) - Sea Ltd. is a Southeast Asia-focused consumer internet company with leading digital platforms in e-commerce, gaming, and digital financial services [2] - The stock experienced a one-month return of approximately -2.50% and a 52-week gain of about +4.69%, closing at approximately $125.93 per share with a market capitalization of about $74.103 billion on January 26, 2026 [2] - Sea Ltd. reported a 38% revenue growth and a 28% increase in gross merchandise value for the September quarter, but the stock sold off due to a decline in Shopee's adjusted EBITDA margin to 0.6% [3] - Management indicated a preference for growth over near-term margin optimization, with ongoing investments in logistics and fulfillment capabilities [3] - Competition in Brazil and Taiwan, along with uncertainty regarding 2026 margin targets, negatively impacted market sentiment towards Sea Ltd. [3] Hedge Fund Interest - Sea Ltd. is not among the 30 most popular stocks among hedge funds, with 102 hedge fund portfolios holding the stock at the end of the third quarter, unchanged from the previous quarter [4] - There is a belief that certain AI stocks may offer greater potential for higher returns in a shorter time frame compared to Sea Ltd. [4]

Core Insights - Virtuix has successfully transitioned from a Kickstarter project to a publicly traded company on Nasdaq, showcasing its innovative approach in the gaming industry with AI-generated environments [1][4][6] Company Overview - Virtuix's flagship product, the Omni One, is a next-generation gaming system that allows players to engage in physical activity while gaming, promoting a healthier lifestyle [5][8] - The company raised over $1.1 million through Kickstarter in June 2013, indicating strong initial market interest and support [4] Technology and Innovation - The Omni One utilizes AI-driven 3D reconstruction techniques, such as Gaussian splatting, to create hyper-realistic virtual environments, enhancing user experience [4][6] - The technology enables players to move naturally in 360 degrees within video games, addressing a key limitation in current virtual reality experiences [6][8] Market Strategy - Virtuix plans to use the proceeds from its public offering to scale sales and marketing efforts for the Omni One, with existing production capacity already in place [5] - The company aims to implement a 'dual-use' strategy, targeting both high-volume consumer sales and high-margin applications in defense and law enforcement sectors [6]

Core Insights - Michael Burry has been purchasing shares of GameStop (GME), viewing it as a long-term value opportunity rather than a meme-stock speculation [1][2] - GameStop's stock price increased by 4.4% following Burry's disclosure, with an additional 1.5% rise in pre-market trading [1] Company Overview - GameStop specializes in new and pre-owned gaming consoles, accessories, and titles across both physical and digital platforms, as well as digital content, prepaid cards, downloadable software, and collectibles [1] Investment Perspective - Burry anticipates that GameStop may soon trade near 1x tangible book value/1x net asset value, making current levels attractive for investment [2] - The company has raised billions through equity offerings, resulting in a substantial cash reserve despite challenges in its core business [3] Insider Activity - GameStop's CEO, Cohen, has also invested in the company by purchasing 1 million shares, emphasizing the importance of aligning personal investment with shareholder interests [4] Valuation Metrics - GameStop's Price/Book (P/B) ratio is 1.94X, which is lower than the industry average of 2.02X and the S&P 500 average of 3.55X [5] - The Price/Sales (P/S) ratio stands at 2.70X, higher than the industry average of 1.62X but lower than the S&P 500 measure of 3.14X [5] Investment Vehicles - Investors can gain exposure to GameStop through various exchange-traded funds (ETFs) such as Grayscale Bitcoin Adopters ETF (BCOR), VanEck Video Gaming and eSports ETF (ESPO), and VanEck Social Sentiment ETF (BUZZ) [6][7]

IT之家 1 月 27 日消息，游戏开发商 Remedy 通讯总监 Thomas Puha 昨日进行澄清，公司对《控制：共振》(CONTROL Resonant) 的推出 时间仅有过"2026 年"这一说辞，其余说法均属猜测。 IT之家了解到，此前有传闻称《控制：共振》将于二季度末发布，但那只是投资分析师的看法与推测。 ...

1月27日，游戏板块早盘震荡下挫，游戏ETF（159869）现跌至1.5%附近。持仓股全线下挫，顺网科 技、迅游科技、盛天网络、华立科技、天舟文化、实丰文化、北纬科技等跌幅居前，仅国脉文化、吉比 特逆势飘红。截至1月26日，游戏ETF（159869）规模已达143.06亿元，游戏板块近期回调蓄势，游戏 ETF（159869）连续3个交易日获资金净流入，累计"吸金"达6.25亿元，备受资金青睐。 游戏板块具备AI、内容、商业化模式变革多点催化，游戏ETF（159869）跟踪中证动漫游戏指数，AI应 用含量全市场第一，精准覆盖A股动漫游戏产业的整体表现，当前游戏板块正受到政策利好+产品周期 +AI赋能的多重催化热潮，或可聚焦游戏赛道布局窗口。 （文章来源：每日经济新闻） 1月26日，国家新闻出版署网站公布了2026年1月份国产及进口网络游戏审批信息，共有177款国产网络 游戏、5款进口网络游戏获得版号，2026年首批游戏版号数量达到182个，继续维持在高位。1月份另有 14款网络游戏进行了变更，其中，网易旗下大热游戏《蛋仔派对》在原申报版本基础上增加了客户端版 本，网易的原创宇宙策略手游《无尽的拉格朗日》则变更名 ...

Market Overview - Major U.S. benchmarks finished higher, with the Dow Jones Industrial Average climbing 0.6% to 49,412.40, the S&P 500 adding 0.5% to 6,950.23, and the Nasdaq advancing 0.4% to 23,601.35, driven by anticipation surrounding the earnings of the "Magnificent Seven" stocks, including Microsoft and Meta Platforms [1] USA Rare Earth Inc. - USA Rare Earth shares surged 7.87% to close at $26.72, reaching an intraday high of $32.07 and a low of $25.80, with a 52-week range of $5.56 to $43.98 [2] - The stock's rise follows news of a $1.6 billion investment from the Trump administration, acquiring a 10% stake, which includes 16.1 million shares and warrants for an additional 17.6 million shares at $17.17 each [3] GameStop Corp - GameStop's stock climbed 4.46% to close at $24.01, with a high of $25.01 and a low of $22.95, and a 52-week range of $19.93 to $35.81 [4] - The rally was fueled by investor Michael Burry's disclosure of a fresh stake in the company, adding momentum to a rally driven by CEO Ryan Cohen's insider purchases [4] CoreWeave - CoreWeave shares rose 5.73% to $98.31, hitting an intraday high of $108.65 and a low of $98.05, with a 52-week range of $33.52 to $187 [5] - The increase follows Nvidia Corporation's $2 billion investment in the company, aimed at accelerating AI adoption globally [5] Zoom Communications Inc. - Zoom's stock jumped 11.28% to $95.46, with an intraday high of $95.83 and a low of $86.40, and a 52-week range of $64.41 to $95.83 [6] - The surge is attributed to renewed investor interest in Zoom's early investment in AI startup Anthropic, which analysts believe could be worth $2 billion to $4 billion [6] UnitedHealth Group Incorporated - UnitedHealth's stock fell 1.29% to $351.64, with a high of $354.79 and a low of $347.27, and a 52-week range of $234.6 to $606.36 [7] - The stock fell sharply by 8.6% to $321.30 in extended trading after reports of proposed flat Medicare Advantage rates for 2027, with payments rising just 0.09% [8] - Analysts have revised forecasts ahead of the company's earnings release, with CEO Stephen Hemsley addressing lawmakers about rising healthcare costs [8]