‘Sonic' Creator Sega Seeks Growth in China and Southeast Asia
The author of the Sonic the Hedgehog franchise has been seeking to shift its game developers' focus away from just the domestic market and console players, Sega President Shuji Utsumi said. Sega's beefed up its mobile game offerings, with holding company Sega Sammy Holdings Inc. buying Angry Birds creator Rovio Entertainment Oyj in 2023.
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Yahoo
34 minutes ago
- Yahoo
Growth funds favor Makemytrip and SK Hynix: BofA
-- Growth-oriented equity funds are increasingly concentrating bets in names showing strong earnings, price, and news momentum, according to Bank of America's latest Global Fund Performance Monitor. BofA highlighted that 'Growth funds' largest overweight positions with a high Triple Momentum Rank (top quintile by earnings, price, and news momentum) include Makemytrip (NASDAQ:MMYT), AIA, HDFC Bank, SK Hynix, and Genus (LON:GNS).' The firm's 'Triple Momentum' framework is said to identify stocks that score in the top quintile across all three metrics. On the flip side, some of Growth funds' largest overweights are in names lacking momentum, including Icon (NASDAQ:ICLR) Plc, Intermediate Capital, Clean Harbors (NYSE:CLH), and Azelis, BofA said. Value funds are also showing clear preferences, according to the bank. 'Value funds' largest overweight positions with a high Triple Momentum Rank include Capital One (NYSE:COF), US Foods, FirstCash (NASDAQ:FCFS), Popular Inc (NASDAQ:BPOP), and Markel (NYSE:MKL),' said BofA. However, negative momentum names such as Installed Building, Sysco (NYSE:SYY), ConocoPhillips (NYSE:COP), Lazard (NYSE:LAZ), and IAC still feature among top holdings. Despite a 4.4% rally in global equities during June, active fund managers struggled to beat their benchmarks. '46% of Active Funds globally outperformed benchmark with a median relative return of -0.09%,' BofA wrote. Growth and Value funds fared similarly, with 46% and 45% outperforming, respectively, while Yield funds underperformed with only 37% beating benchmarks. By region, Japan stood out, with '61% of Japan funds outperforming (+0.40%),' while Asia Pacific ex-Japan lagged, with just 38% outperforming and a negative median relative return. Related articles Growth funds favor Makemytrip and SK Hynix: BofA BofA sees improving ad market boosting Roku's outlook as it lifts target Morgan Stanley sees 'a compelling catalyst' for Salesforce stock rally Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Android Authority
38 minutes ago
- Android Authority
As Samsung tests the tri-fold waters, a major rival is readying a second-gen model
Paul Jones / Android Authority TL;DR HUAWEI is reportedly planning to launch its next-generation tri-fold phone later this year. This successor to the Mate XT Ultimate Design could arrive before Samsung's first tri-fold even hits the shelves. The new HUAWEI foldable is expected to improve on the Mate XT's durability and performance. Today's leaks may have given us clues that Samsung's first tri-fold foldable is edging closer to release, but it seems like one of its top competitors may already be another step ahead by then. According to South Korean publication The Bell (h/t Jukan Choi on X), HUAWEI plans to launch its next-generation tri-fold phone later this year. The device is expected to improve on the durability and performance of the original Mate XT Ultimate Design, which launched in China last September and went global in February. That phone reportedly sold over 400,000 units within its first two months on sale. Meanwhile, Samsung's tri-fold plans are finally coming into clearer view. Earlier today, we shared exclusive images from One UI 8 showing its design for the first time, revealing two inward-folding hinges in a G-shaped fold rather than the Mate XT's S-shaped fold. The Bell reports that Samsung will start small-scale production of its tri-fold in September, with a release expected in the fourth quarter, but availability may be limited to South Korea and China, and it certainly won't be cheap. Specs-wise, Samsung's tri-fold — possibly launching as the Galaxy G Fold — is tipped to feature a 10-inch OLED display, Snapdragon 8 Elite chipset, and a camera setup similar to the upcoming Galaxy Z Fold 7, including a 200MP primary sensor. However, its slim design could mean a smaller battery than HUAWEI's Mate XT, which houses a sizable 5,600mAh cell. We reviewed the Mate XT earlier this year, and while its sky-high price and lack of Google services limited its practicality, there was no denying its engineering appeal. Now, with HUAWEI already working on a refined sequel before Samsung's first tri-fold even hits shelves, the battle for these ultra-premium foldables is only getting more intense. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
Digital Trends
an hour ago
- Digital Trends
This HyperX wireless gaming headset sounds amazing, and it's 30% off today
Every gamer should have a gaming headset in their arsenal, and we highly recommend the HyperX Cloud Alpha Wireless. It's not yet Prime Day, but it's already available with a 30% discount from Amazon that brings its price down from $200 to a more affordable $140. Stocks of the gaming headset may be gone once the shopping holiday arrives though, so if you want to pocket the savings of $60, you should complete your transaction for it as soon as you can. Why you should buy the HyperX Cloud Alpha Wireless gaming headset We gave the HyperX Cloud Alpha Wireless an outstanding score of 4.5 stars out of 5 stars in our review, and it's also featured in our roundup of the best headsets for PC gaming as our top choice for a wireless gaming headset. First and foremost, it sounds incredible with its dual chamber driver system that will let you appreciate all the sounds of the best PC games, and its support for DTS:X spatial audio improves immersion while you're exploring worlds and engaging in tough battles. The HyperX Cloud Alpha Wireless also comes with a detachable noise-canceling microphone, so that you'll be heard loud and clear when you're coordinating with your teammates during online multiplayer matches. The HyperX Cloud Alpha Wireless gaming headset can last up to 300 hours on a single charge, and you'll be able to maximize that amazing battery life because it's very comfortable to wear. It's built with memory foam and breathable leatherette, but it's still durable with its tough aluminum frame. The gaming headset also comes with onboard controls for functions such as adjusting volume and placing the microphone on mute. Gamers who are on the hunt for gaming headset deals should take advantage of Amazon's offer for the HyperX Cloud Alpha Wireless. From its original price of $200, it's down to just $140 following a $60 discount. Prime Day is fast approaching, and while there's a chance that bigger savings will be up for grabs, there's no assurance. The HyperX Cloud Alpha Wireless gaming headset at 30% off right now is a sure thing — don't let this chance to get it for a much lower price slip through your fingers.
