The Supreme Court agreed to hear on Friday a PIL filed by the Centre for Accountability and Systemic Change (CASC) seeking directions to the Centre to prohibit online gambling and betting platforms that allegedly operate under the guise of social and e-sports games.A bench comprising Chief Justice BR Gavai and Justice K Vinod Chandran took note of the submissions of lawyer Virag Gupta, appearing for the CASC, on Thursday and agreed to hear the PIL on October 17.The plea has sought a direction to union minis ...

The Supreme Court has agreed to hear on 17 October a Public Interest Litigation (PIL) seeking directions to the Centre to prohibit online gambling and betting platforms that allegedly operate under the guise of social and e-sports games.A bench comprising Chief Justice of India BR Gavai and Justice K Vinod Chandran took note of the submissions of lawyer Virag Gupta, appearing for petitioner – Centre for Accountability and Systemic Change (CASC) – on Thursday and agreed to hear the PIL on October 17.Also Rea ...

TRUMP MARKET MOVES: Will These Be Next U.S. Equity Stakes? Kid-centric online platform Roblox (RBLX) on Wednesday announced an expanded collaboration with toymaker Mattel (MAT). The news drove Roblox stock higher. YOU MAY ALSO LIKE: PC Sales Perk Up As Microsoft Retires Windows 10 Operating System Apple Stock Might Not See Positive Catalysts Until Spring Under the deal, Roblox will offer a new slate of games and experiences based on Mattel's brands, including Barbie, Hot Wheels and Masters of the Universe. ...

I am initiating coverage on Roblox Corporation (NYSE: RBLX ) with a Sell rating. RBLX presents an outlandish valuation and the lack of a clear path to achieving profitability. The multiple RBLX is trading at isHello. I am a graduate from Bocconi University with a degree in Economics and a concentration in Quantitative Economics. I am currently working at a management consultancy, with aspirations of working as an equity analyst. Previously, I have done internships in private equity (technology buyouts) and ...

Core Insights - DraftKings (DKNG) stock has experienced a decline of approximately 25% over the past month, prompting Ark Invest to purchase shares during this dip [1][2] - Ark Invest acquired a total of 511,049 shares of DKNG through its actively managed ETFs, reflecting Cathie Wood's strategy of capitalizing on market volatility [2] - DraftKings operates as a leading digital sports entertainment company, offering daily fantasy sports, sports betting, and online casino games, leveraging advanced technology and data analytics [3][4] Company Performance - DraftKings has a market capitalization of $16.2 billion and has seen its stock decline by 14% over the past 52 weeks, with a year-to-date decrease of 12% [4][5] - The stock reached a 52-week high of $53.61 in February but is currently down 39% from that peak, while it is up 10% from a 52-week low of $29.64 recorded in April [5] Market Challenges - The stock is under pressure due to broader macroeconomic uncertainties and regulatory challenges, including a 50-cent fee imposed on high-volume sportsbooks in Illinois [6] - Increased competition in the market has also contributed to the stock's volatility, highlighted by a significant drop of 11.6% in DKNG stock on September 30, influenced by concerns over the performance of prediction platforms like Kalshi [6]

TOKYO, Oct. 13, 2025 (GLOBE NEWSWIRE) -- CTW Cayman (Nasdaq: CTW) (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, announced today that management will participate in the Planet MicroCap Showcase Conference from October 22-23, 2025 at the Arcadian Loft event space in Toronto. Management will present at 1 p.m. ET on October 22, followed by meetings with investors throughout the two-day conference. The presentati ...

Core Viewpoint - The recent market selloff, attributed to President Trump's announcement on China tariffs, is viewed as a buying opportunity by Tom Lee from Fundstrat, who suggests that the surge in VIX indicates a potential market rebound [2]. Group 1: Market Analysis - The spike in VIX, a measure of expected volatility, suggests that investors are seeking protection, which typically indicates an interim low in the market [2]. - Tom Lee anticipates that the market could be higher in the coming week, with a potential increase of 60 points [2]. Group 2: Hedge Fund Interest - Archer Aviation Inc (NYSE:ACHR) has 35 hedge fund investors, with analysts bullish on its potential in the low-altitude economy and successful prototype testing [5][6]. - Conagra Brands Inc (NYSE:CAG) has 38 hedge fund investors, with analysts noting its ability to capture low-income consumers and the growth of its frozen food segment [7][8]. - Domino's Pizza Inc (NASDAQ:DPZ) has 42 hedge fund investors, with analysts expecting a strong quarter and positive outlook for 2026 [9]. - Dutch Bros Inc (NYSE:BROS) has 44 hedge fund investors, with analysts highlighting its efficient operating model and growth strategy [9]. - Veeva Systems Inc (NYSE:VEEV) has 61 hedge fund investors, with analysts praising its strong fundamentals and significant investments in AI and CRM solutions [10][11]. - DraftKings Inc (NASDAQ:DKNG) has 66 hedge fund investors, with analysts optimistic about its position in the expanding online gaming market despite regulatory challenges [12]. - Coinbase Global Inc (NASDAQ:COIN) has 87 hedge fund investors, with analysts noting its strong position in the digital asset market and recent stock gains [13][14]. - Oracle Corp (NYSE:ORCL) has 124 hedge fund investors, with analysts concerned about pricing pressures in the cloud sector but optimistic about its growth in AI workloads [15][16]. - Netflix Inc (NASDAQ:NFLX) has 133 hedge fund investors, with analysts acknowledging potential challenges but viewing current conditions as an opportunity [17][18]. - Apple Inc (NASDAQ:AAPL) has 156 hedge fund investors, with analysts expressing concerns about its innovation cycle and market expectations [19][20].

We'll push to a couple of Kevin moves here. You bought Coupang, you sold Roblox. Tell us tell our viewers about both.Yeah, real quickly. The theme that you're going to hear today is I'm bringing a lot of names to the table that we really don't talk about on the show. Kang is an Asian online retailer.They're expanding into lots of different areas within a super app. Think of it more South Korea predominantly, but expanding into Taiwan. We paid $32 last week.It's $32 today. Really growing margins and just a n ...

Group 1 - High-rolling investors are bullish on Sea (NYSE:SE), indicating potential privileged information behind significant options activity [1] - The sentiment among major traders is mixed, with 55% bullish and 22% bearish, involving one put option worth $52,650 and eight call options totaling $513,115 [2] - The price target for Sea is projected between $45.0 and $200.0 based on recent options volume and open interest analysis [3] Group 2 - The mean open interest for Sea options trades is 206.86, with a total volume of 264.00, reflecting liquidity and interest in the stock [4] - Recent options activity includes various trades, with notable bullish sentiment on multiple call options and one put option [9] - Sea operates Southeast Asia's largest e-commerce platform, Shopee, and has diversified into gaming and financial services [10] Group 3 - An industry analyst has set an average target price of $230.0 for Sea, maintaining an Overweight rating [12][13] - Current trading volume for Sea stands at 1,009,076, with the stock price at $182.15, reflecting a decrease of -3.11% [15]

Core Viewpoint - Bilibili (BILI.US) shares rose over 5% to $30.05 following the announcement of new game releases, indicating positive market sentiment towards the company's upcoming gaming portfolio [1] Group 1: Game Releases and Expectations - Bilibili announced the upcoming release of the asymmetric strategy card game "Three Kingdoms: Hundred Generals Card" on October 10, with expectations for a formal launch in early 2024 [1] - The company is set to launch the exclusive SLG game "Three Kingdoms: Strategize the World," which is anticipated to perform well, contributing to revenue growth [1] - Management expects "Three Kingdoms: Hundred Generals Card" to achieve daily active users (DAU) in the million range, with a formal release planned for the 2026 Spring Festival [1] Group 2: Additional Game Releases - "Dudu Face Prank" is a mobile anime RPG featuring cute characters, expected to launch in Q4 of this year [1] - "Escape from Duckkov" is a single-player top-down shooter PC game, also anticipated to be released in Q4 of this year [1]