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06.08.26 - 20:03
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Tripledot Expands Its Hybrid-casual Publishing With the Acquisition of Supersonic From Unity (Business Wire)
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LONDON--(BUSINESS WIRE)--Tripledot Studios, one of the world's largest mobile gaming companies, today announces it has acquired Supersonic publishing business from Unity for a cash consideration of $40 million (subject to certain post-closing adjustments). Supersonic is one of the leading mobile game publishers in the hybrid-casual space, partnering with independent studios worldwide to bring their games to a global audience.
Following the acquisition of gaming studios from AppLovin in 2025, Tripledot continues building its leading publishing platform in mobile gaming, and the Supersonic acquisition is a further step along this way. The acquisition has several strategic advantages.
Broader exposure to the fast-growing hybrid-casual gaming. Hybrid-casual games have been one of the fastest-growing segments of the mobile gaming industry. Supersonic gives Tripledot an immediate step-up in scale and complements its successful game publishing business and portfolio that Tripledot owns and operates via Lion Stu...
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06.08.26 - 18:30
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Magnite Jumps 18%, AppLovin Crashes 20%, Trade Desk Slides 6% as Traders Separate Ad-Tech Winners From Losers (24/7 Wall St.)
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Ad-tech stocks are moving in opposite directions midday Thursday as traders sort earnings winners from disappointments. Magnite (NASDAQ:MGNI) shares are surging 18% to $24.33 after a beat-and-raise second-quarter report. Meanwhile, AppLovin (NASDAQ:APP) stock is crashing 20% to $335.84 on a mixed print that fell short of lofty expectations. For context, the Invesco QQQ Trust (NASDAQ:QQQ) ... Magnite Jumps 18%, AppLovin Crashes 20%, Trade Desk Slides 6% as Traders Separate Ad-Tech Winners From Losers...
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06.08.26 - 15:48
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Futures Flat As Tech Slides After Memory Stocks, Korea Tumble (ZeroHedge)
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Futures Flat As Tech Slides After Memory Stocks, Korea Tumble
US futures are mixed with S&P futures modestly higher offset by a slide in tech: as of 8:00am ET, S&P futures are up 0.1% while Nasdaq futures drop 0.5%, hit by a plunge in Sandisk (down 9% in pre-market), and rival Western Digital which tumbled 15%, after both companies reported earnings. AppLovin also slumped 16% after missing revenue estimates while DataDog tumbled as much as 18% after guidance wasn't strong enough, and pushed Nasdaq to session lows. Mag 7 stocks are mixed (AAPL +1.0% and GOOGL +0.7% are among the outperformers). Asian stocks declined, led by losses in heavyweight chipmakers following earnings reports from US peers that renewed concerns over the stretched rally in memory-related shares. European shares were more resilient and advanced for a 4th day on hopes of an Iran deal (that was supposed to happen two days ago) as strong earnings boosted sentiment, with WPP Plc leading gains in the media sector. Bond yiel...
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06.08.26 - 15:48
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Live Nasdaq Composite: SanDisk Falls 9% on Outlook Jitters, Tech Lower in Sympathy (24/7 Wall St.)
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Live Updates Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AppLovin didn't make the cut. Grab the names FREE today. Greed Over Fear 1 minute ago Live UBS analysts see the S&P 500 climbing to 8,100 by year-end, in a call that captures how dramatically ... Live Nasdaq Composite: SanDisk Falls 9% on Outlook Jitters, Tech Lower in Sympathy...
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06.08.26 - 14:00
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Here Are Thursday′s Top Wall Street Analyst Research Calls: AppLovin, Charles River, Global Payments, HubSpot, Insulet Corporation, Roper Technologies, Sabra Health Care, Western Digital, Zillow Group, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading mixed after a wild day for the major indices on Wednesday. When the final bell rang, the party for the Nasdaq, at least for the meantime, ended with the tech-heavy index closing down 0.83% at 26,363, while the small-cap Russell 2000, which still leads all of the major indices ... Here Are Thursday's Top Wall Street Analyst Research Calls: AppLovin, Charles River, Global Payments, HubSpot, Insulet Corporation, Roper Technologies, Sabra Health Care, Western Digital, Zillow Group, and More...
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