Microsoft could launch the next-generation Xbox console sometime in 2027, AMD CEO Lisa Su has revealed during the semiconductor company’s latest earnings call. Valve is on track to start shipping its AMD-powered Steam Machine early this year, she said, while Microsoft’s development of an Xbox with a semi-custom SOC from AMD is “progressing well to support a launch in 2027.” While it doesn’t necess...
Microsoft could launch the next-generation Xbox console sometime in 2027, AMD CEO Lisa Su has revealed during the semiconductor company’s latest earnings call. Valve is on track to start shipping its AMD-powered Steam Machine early this year, she said, while Microsoft’s development of an Xbox with a semi-custom SOC from AMD is “progressing well to support a launch in 2027.” While it doesn’t necessarily mean Microsoft is releasing a new Xbox console next year, that seems to be the company’s current goal. Xbox president Sarah Bond announced Microsoft’s multi-year partnership with AMD for its consoles in mid-2025. Based on Bond’s statement back then, Microsoft is embracing the use of artificial intelligence and machine learning in future Xbox games. She also said that the companies are going to “co-engineer silicon” across devices, “in your living room and in your hands,” implying the development of future handheld consoles. Leaked documents from the FTC vs. Microsoft court battle revealed in the past that Microsoft was planning to make the next Xbox a “hybrid game platform,” which combines local hardware and cloud computing. The documents also said that Microsoft was planning to release the next Xbox in 2028. Whether the company has chosen to launch the new Xbox early remains to be seen, but it is possible when the Xbox X and S were released in 2020, and they haven’t sold as well as the Xbox One.
Seeking Alpha More on Take-Two Take-Two Interactive Software, Inc. (TTWO) Q3 2026 Earnings Call Transcript Take-Two Interactive: Too Expensive As Casual Gamers Have Infinite Options Sega Sammy Vs. Take-Two Interactive: When Lower Valuation Meets Higher Expectations Take-Two raises full-year net bookings outlook to $6.7B as mobile and core franchises surge Take-Two shares rise on raised forecast, Q...
Seeking Alpha More on Take-Two Take-Two Interactive Software, Inc. (TTWO) Q3 2026 Earnings Call Transcript Take-Two Interactive: Too Expensive As Casual Gamers Have Infinite Options Sega Sammy Vs. Take-Two Interactive: When Lower Valuation Meets Higher Expectations Take-Two raises full-year net bookings outlook to $6.7B as mobile and core franchises surge Take-Two shares rise on raised forecast, Q3 bookings beat
Japan’s S&P Global Services PMI rose to 53.7 in January 2026, surpassing the flash estimate of 53.4 and December’s 51.6, marking a tenth consecutive month of expansion in services activity and the fastest pace since February 2025. Japan’s S&P Global Composite PMI rose to 53.1 in January 2026, above the flash estimate of 52.8 and up from 51.1 in December. The Nikkei 225 Index dropped 1.2% to below ...
Japan’s S&P Global Services PMI rose to 53.7 in January 2026, surpassing the flash estimate of 53.4 and December’s 51.6, marking a tenth consecutive month of expansion in services activity and the fastest pace since February 2025. Japan’s S&P Global Composite PMI rose to 53.1 in January 2026, above the flash estimate of 52.8 and up from 51.1 in December. The Nikkei 225 Index dropped 1.2% to below 54,100, while the broader Topix Index lost 0.7% to 3,620 on Wednesday . The Japanese yen depreciated past 156 per dollar on Wednesday, sliding for the fourth straight session to a near two-week low ahead of this weekend’s snap lower house election. Meanwhile, an auction of Japan’s 10-year bonds this week showed softer demand on election jitters. More on Japan's economy: The Yen Carry Trade: Fears Are Blown Out Of Proportion When Bonds Break Equities: Japan's Debt, America's Refinancing Wall And Why Gold Becomes The Only Rational Hedge DXJ: Long Japanese Exporters Japan and South Korea lead Asian turnaround after Wall Street rebound; markets brace for megacap tech results Asian stocks sink as the Warsh nomination and divergent China data sour tech sentiment
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis This is my third article about Freeport-McMoRan ( FCX ) in the last six months, and after carefully analyzing the Q4 financial results and updating the DCF model, I decided to keep the Hold rating. Initially, at the end of July , I recommended buying the shares, as they seemed undervalued to me at that time and with strong growth driver...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis This is my third article about Freeport-McMoRan ( FCX ) in the last six months, and after carefully analyzing the Q4 financial results and updating the DCF model, I decided to keep the Hold rating. Initially, at the end of July , I recommended buying the shares, as they seemed undervalued to me at that time and with strong growth drivers due to high demand for copper, a shortage of new copper mining projects, and high business profitability. Then, at the end of October , I changed it to Buy to Hold, because I didn't see the point in buying more. As a result, if an investor bought shares with me at the end of July and held them until today, then in six months he earned 37.20%, while the S&P 500 grew by only 8% over the same period. To date, I don't see any reason to sell shares from the portfolio, but at the same time, I don't see an underestimation in the current share price. Therefore, the Hold rating is optimal. According to my calculations, the fair value of the shares is $63, which gives a limited upside of 4.5%. Therefore, I think it is better to wait for a correction in the stock price and buy them at $55 and below, if such an opportunity arises. Until production at Grasberg is fully restored, the company will not be able to fully experience the increase in metal prices in its financial results. In addition, after the recent correction in the prices of metals (gold, silver), investors are likely to be able to get a chance to buy stocks cheaper. Q4 Relief Doesn’t Offset Structural Headwinds The year 2025 turned out to be a difficult one for Freeport-McMoRan, even despite the favorable market conditions. The company's business was soured by the September accident at the largest Grasberg mine in Indonesia due to a rock collapse. The company had to suspend production in this area, and in order for financial results not to slip, the company significantly increased production at mines in the United States...
Hong Kong education authorities have expressed concern over reports that two boys and a girl from a secondary school allegedly sneaked out of their hotel to drink alcohol and rent another room overnight during a mainland China exchange tour. The Education Bureau said on Wednesday that it had contacted the school immediately after learning of the incident. It added that the school was handling the ...
Hong Kong education authorities have expressed concern over reports that two boys and a girl from a secondary school allegedly sneaked out of their hotel to drink alcohol and rent another room overnight during a mainland China exchange tour. The Education Bureau said on Wednesday that it had contacted the school immediately after learning of the incident. It added that the school was handling the matter through its internal disciplinary and counselling mechanisms and would submit a report to the government. Advertisement “The bureau has reminded schools to instruct students to strictly observe discipline during learning activities, follow relevant rules and guidelines, including not leaving the group or hotel without permission, and comply with the law,” a spokesman said. It pledged to maintain close contact with the school to provide necessary support and guidance as the investigation proceeded. Advertisement The incident reportedly occurred in mid-January during a cultural exchange programme on the mainland organised by the Hong Kong Sze Yap Commercial and Industrial Association Wong Tai Shan Memorial College in Sham Shui Po for its Form Five students.