Goldman Sachs Group Inc. named Akila Raman as global head of its private and alternatives capital markets business, according to a memo seen by Bloomberg News. Raman, most recently chief commercial and strategy officer of transaction banking at the bank, will in her new role lead capital raising, structuring and distribution within the growing alternatives asset class, the memo shows. She joined G...
Goldman Sachs Group Inc. named Akila Raman as global head of its private and alternatives capital markets business, according to a memo seen by Bloomberg News. Raman, most recently chief commercial and strategy officer of transaction banking at the bank, will in her new role lead capital raising, structuring and distribution within the growing alternatives asset class, the memo shows. She joined Goldman in 2004, was made a managing director in 2015 and became partner in 2018. The Wall Street lender also handed another long-time banker at the firm an expanded role, adding Americas head of equity derivatives to Michael Voris ’ duties. Voris, already Goldman’s co-head of equity capital markets in the Americas, will take on the equity derivatives role within the bank’s investment-grade capital markets and derivatives operation, the memo shows. Voris joined Goldman in 2010 as a vice president, and was tapped as a managing director in 2011 and partner in 2020. The memo announcing the appointments was authored by Pete Lyon and Mahesh Saireddy , global co-heads of the bank’s capital solutions group. Formed in early 2025, the group brought together the bank’s financing businesses in a move recognizing the convergence of public and private markets. Read More: Goldman Promotes Executives to Run Combined Financing Team A Goldman representative confirmed the contents of the memo.
Ployker/iStock via Getty Images Since my last Centrus Energy Corp. ( LEU ) analysis , in which I issued a Hold rating, the stock has fallen by -30% in price. Is this now a good entry point? Well, it's certainly better than before, but this is not a cheap stock from an absolute standpoint. If you are willing to tolerate heavy long-term volatility for alpha, I think the investment works. But you nee...
Ployker/iStock via Getty Images Since my last Centrus Energy Corp. ( LEU ) analysis , in which I issued a Hold rating, the stock has fallen by -30% in price. Is this now a good entry point? Well, it's certainly better than before, but this is not a cheap stock from an absolute standpoint. If you are willing to tolerate heavy long-term volatility for alpha, I think the investment works. But you need a strong stomach and a vision for the future to adhere to. There's a new award from Centrus to Geiger: a $900M time-and-materials contract through January 2031 for refurbishment, equipment installation, and site infra, but it's not a final investment decision. This is somewhat of a strong signal of preparedness for future growth to come, though, and links to the $900M HALEU conditional task order from DOE to Centrus in January. However, the Geiger deal reflects capacity buildout rather than realized demand at this stage. That said, it's certainly setting the stage for future execution well. Let's take a look ahead of their earnings on May 7th . The Geiger Project & Broader Capacity Trajectory Fluor is leading EPC and commissioning, while Geiger brings prior Piketon experience, though scope is still moving given that this is time-and-materials for now. Cost-overrun risk remains largely with Centrus. Centrus has already proven that its AC100M centrifuge works on a small scale, as since October 2023, 16 machines funded by the DOE have produced more than 1 metric ton of HALEU in total. That said, this is only demonstration, not commercial, scale. Centrus has a current HALEU output of about 0.9 metric tons per year, and the company's goal is about 12 metric tons per year after 2030. The jump in production there is about 10 times, so it's no surprise that capacity infrastructure is being planned at this stage. The company's goal of having a full cascade beginning readiness in 2029 is possible , but it still depends on centrifuge manufacturing in Oak Ridge, finishing its design ...
Andrii Dodonov New phase 3 data found that patients with generalized myasthenia gravis (gMG) on Johnson & Johnson's ( JNJ ) Imaavy ( nipocalimab) had sustained clinical improvements and reductions in total immunoglobulin G (IgG). The new results include 120 weeks total of observation. At 96 weeks in the open-label extension portion of the Vivacity-MG3 study, patients on Imaavy saw sustained improv...
Andrii Dodonov New phase 3 data found that patients with generalized myasthenia gravis (gMG) on Johnson & Johnson's ( JNJ ) Imaavy ( nipocalimab) had sustained clinical improvements and reductions in total immunoglobulin G (IgG). The new results include 120 weeks total of observation. At 96 weeks in the open-label extension portion of the Vivacity-MG3 study, patients on Imaavy saw sustained improvements in MG-ADLd and QMG e scores. There were mean reductions of 6.47 f points on the total MG-ADL and 5.97 f points on the total QMG scales. Also, ~50% of patients achieved minimal symptom expression, and about one-third achieved sustained MSE for at least eight weeks. In addition, there was a 64% f reduction in total IgG, a figure that includes pathogenic IgG autoantibodies, which are considered underlying drivers of gMG. J&J also noted that it began enrollment in a head-to-head study of Imaavy compared to argenx's ( ARGX ) Vyvgart (efgartigimod alfa). More on Johnson & Johnson Johnson & Johnson: Why I See Downside Ahead Johnson & Johnson (JNJ) Q1 2026 Earnings Call Transcript Johnson & Johnson Q1 Earnings Review: Why You Should Be Buying The Stock Today Earnings Scoreboard: 85% of S&P 500 early reporters beat EPS estimates as Y/Y growth hits 25 firms Dividend Roundup: Johnson & Johnson, Costco, Caterpillar, CVS Health, and more
Benjamin Fanjoy/Getty Images News Google ( GOOG )( GOOGL ) revealed its next-generation artificial intelligence infrastructure, the A5X, which expands its longtime partnership with Nvidia ( NVDA ) to enable tremendous amounts of computing power for agentic and physical AI. The A5X is powered by Nvidia Vera Rubin NVL72 rack-scale systems. They are codesigned across chips, systems, and software to p...
Benjamin Fanjoy/Getty Images News Google ( GOOG )( GOOGL ) revealed its next-generation artificial intelligence infrastructure, the A5X, which expands its longtime partnership with Nvidia ( NVDA ) to enable tremendous amounts of computing power for agentic and physical AI. The A5X is powered by Nvidia Vera Rubin NVL72 rack-scale systems. They are codesigned across chips, systems, and software to provide 10 times the token throughput per megawatt compared to the prior generation. Inference cost per token is 10 times less. A5X will use Nvidia's ConnectX-9 SuperNICs , combined with the new Google Virgo networking, scaling to up to 80,000 Rubin GPUs within a single-site cluster and up to 960,000 Rubin GPUs in a multi-site cluster. This enables customers to run their largest AI workloads on Nvidia‑optimized infrastructure. "At Google Cloud, we believe the next decade of AI will be shaped by customers' ability to run their most demanding workloads on a truly integrated, AI‑optimized infrastructure stack," said Mark Lohmeyer, vice president and general manager of AI and computing infrastructure at Google Cloud. "By combining Google Cloud's scalable infrastructure and managed AI services with Nvidia's industry‑leading platforms, systems, and software, we're giving customers flexibility to train, tune, and serve everything from frontier and open models to agentic and physical AI workloads—while optimizing for performance, cost, and sustainability." The updated collaboration also allows users to run Google's Gemini models on Nvidia's Blackwell and Blackwell Ultra GPUs in a more secure environment. Google Gemini models running on NVIDIA Blackwell and Blackwell Ultra GPUs are now in preview on Google Distributed Cloud, so customers can bring Google's frontier models wherever their most sensitive data resides. Nvidia said this is the first confidential computing offering of Blackwell GPUs in the cloud. More on Nvidia and Alphabet Google Pushes Agentic AI Toward The Enterprise Ma...
Mesut Dogan/iStock Editorial via Getty Images The following segment was excerpted from the White Falcon Capital Q1 2026 Partner Letter. Oracle ( ORCL ) is reinventing itself from a traditional software company into a vertically integrated enterprise cloud provider, controlling the entire stack from infrastructure to database to enterprise applications. At its core, with its database and applicatio...
Mesut Dogan/iStock Editorial via Getty Images The following segment was excerpted from the White Falcon Capital Q1 2026 Partner Letter. Oracle ( ORCL ) is reinventing itself from a traditional software company into a vertically integrated enterprise cloud provider, controlling the entire stack from infrastructure to database to enterprise applications. At its core, with its database and applications, Oracle is the 'system of record' which executives rely on as the 'single source of truth' within an enterprise. Much of the world's government, financial, healthcare, and retail data runs on Oracle databases, making the platform deeply mission critical and exceptionally sticky. Even in a world where agents autonomously execute business processes, enterprises will always need a 'single source of truth' to reconcile transactions, diagnose failures, and audit agent driven decisions. Today, Oracle is leveraging this foundation to transform into a specialized cloud and AI business. Their strategy is to use their 'data moat' to pull AI workloads onto their infrastructure business (OCI). Because so much of the world's mission critical information already lives in Oracle databases, the company is using that position to attract AI training and inference workloads onto OCI. It is now the fourth largest hyperscaler but rather than compete head on with AWS, Azure, or Google, Oracle is partnering with them and giving enterprises multicloud flexibility. Interestingly, Oracle's late arrival to the cloud has actually worked in its favor as it could incorporate the industry's best architectural practices for its specific workloads. Even though this strategic pivot is logical, the market remains skeptical because cloud and AI infrastructure require enormous amounts of upfront capital. Early results are encouraging. Oracle is already generating solid cloud margins at its current scale, growing OCI consumption, and accelerating both its database and enterprise application businesses. Oracl...
Call of Duty: Black Ops 7. | Image: Activision Blizzard Yesterday Microsoft announced some surprising news: at a time when everything in gaming is getting more expensive , Xbox Game Pass Ultimate was actually getting a price cut . Going forward, the subscription service will drop from $29.99 to $22.99 per month, less than a year after getting a major hike . But there's a caveat. Along with the che...
Call of Duty: Black Ops 7. | Image: Activision Blizzard Yesterday Microsoft announced some surprising news: at a time when everything in gaming is getting more expensive , Xbox Game Pass Ultimate was actually getting a price cut . Going forward, the subscription service will drop from $29.99 to $22.99 per month, less than a year after getting a major hike . But there's a caveat. Along with the cheaper price, Microsoft also announced that future Call of Duty games will no longer be available through Game Pass at launch. It's the end to a strange experiment from Microsoft, in which it attempted to boost its subscription service at the expense of selling Call of Duty games, which also happens to be on … Read the full story at The Verge.
Mesut Dogan/iStock Editorial via Getty Images The following segment was excerpted from the White Falcon Capital Q1 2026 Partner Letter. Oracle ( ORCL ) is reinventing itself from a traditional software company into a vertically integrated enterprise cloud provider, controlling the entire stack from infrastructure to database to enterprise applications. At its core, with its database and applicatio...
Mesut Dogan/iStock Editorial via Getty Images The following segment was excerpted from the White Falcon Capital Q1 2026 Partner Letter. Oracle ( ORCL ) is reinventing itself from a traditional software company into a vertically integrated enterprise cloud provider, controlling the entire stack from infrastructure to database to enterprise applications. At its core, with its database and applications, Oracle is the 'system of record' which executives rely on as the 'single source of truth' within an enterprise. Much of the world's government, financial, healthcare, and retail data runs on Oracle databases, making the platform deeply mission critical and exceptionally sticky. Even in a world where agents autonomously execute business processes, enterprises will always need a 'single source of truth' to reconcile transactions, diagnose failures, and audit agent driven decisions. Today, Oracle is leveraging this foundation to transform into a specialized cloud and AI business. Their strategy is to use their 'data moat' to pull AI workloads onto their infrastructure business (OCI). Because so much of the world's mission critical information already lives in Oracle databases, the company is using that position to attract AI training and inference workloads onto OCI. It is now the fourth largest hyperscaler but rather than compete head on with AWS, Azure, or Google, Oracle is partnering with them and giving enterprises multicloud flexibility. Interestingly, Oracle's late arrival to the cloud has actually worked in its favor as it could incorporate the industry's best architectural practices for its specific workloads. Even though this strategic pivot is logical, the market remains skeptical because cloud and AI infrastructure require enormous amounts of upfront capital. Early results are encouraging. Oracle is already generating solid cloud margins at its current scale, growing OCI consumption, and accelerating both its database and enterprise application businesses. Oracl...
Exclusive: Formby, an ally of Jeremy Corbyn who quit role in 2020, says Labour is now ‘in hock to corporate sponsors’ A former Labour general secretary has defected to the Green party, in the latest sign that allies of Jeremy Corbyn are moving in large numbers to Zack Polanski’s party. Jennie Formby, who managed the Labour party from 2018 to 2020, told the Guardian she had signed up as a Green par...
Exclusive: Formby, an ally of Jeremy Corbyn who quit role in 2020, says Labour is now ‘in hock to corporate sponsors’ A former Labour general secretary has defected to the Green party, in the latest sign that allies of Jeremy Corbyn are moving in large numbers to Zack Polanski’s party. Jennie Formby, who managed the Labour party from 2018 to 2020, told the Guardian she had signed up as a Green party member and intended to campaign for it before May’s local elections. Continue reading...