chinaface/E+ via Getty Images Tamarack Valley Energy ( TNEYF ) said late Wednesday it agreed to sell its Charlie Lake assets in Alberta to an unnamed buyer for C$804M in cash, completing a multi-year transition into a pure-play Clearwater producer. Tamarack ( TNEYF ) said the sale proceeds will be used to reduce net debt and support development activities across the Clearwater fairway driving acce...
chinaface/E+ via Getty Images Tamarack Valley Energy ( TNEYF ) said late Wednesday it agreed to sell its Charlie Lake assets in Alberta to an unnamed buyer for C$804M in cash, completing a multi-year transition into a pure-play Clearwater producer. Tamarack ( TNEYF ) said the sale proceeds will be used to reduce net debt and support development activities across the Clearwater fairway driving accelerated production growth. Following the sale, Tamarack ( TNEYF ) revised its FY 2026 guidance to 62K-64K boe/day from its prior outlook of 69K-71K boe/day and capital spending of C$430M-C$450M, compared to C$390M-C$410M previously. In connection with the transaction, Tamarack ( TNEYF ) raised its quarterly dividend from C$0.04/share to C$0.05/share, starting in Q3 2026. More on Tamarack Valley Energy Tamarack Valley Energy Q1 2026 Earnings Call Presentation Tamarack Valley: Heavy Oil Paradise Tamarack Valley Energy: 2025 Was A Great Year, But The Valuation Has Also Increased
Key Points The S&P 500 is being driven by growth in artificial intelligence this year. At the same time, inflation is back and consumer sentiment has collapsed. The market may rise or fall in 2026, but smart investors focus on the next decade. 10 stocks we like better than S&P 500 Index › The first-quarter earnings season has propelled the stock market to new highs. The S&P 500 index is up almost ...
Key Points The S&P 500 is being driven by growth in artificial intelligence this year. At the same time, inflation is back and consumer sentiment has collapsed. The market may rise or fall in 2026, but smart investors focus on the next decade. 10 stocks we like better than S&P 500 Index › The first-quarter earnings season has propelled the stock market to new highs. The S&P 500 index is up almost 10% this year and has roared back from March lows tied to the United States' conflict in Iran and the closure of the Strait of Hormuz. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Even as cracks appear in consumer sentiment and inflation begins to rise again, it is clear that the market cares about one thing today: artificial intelligence (AI). If usage, revenue, and (importantly) profits associated with the AI build-out keep growing, the market is liable to go higher in 2026. Here's why. Everything comes down to AI Even if it isn't the entire economy, AI has an outsize impact on the S&P 500. Most of the top 25 largest companies in the world by market cap are tied to AI in some way, whether through the supply chain, infrastructure development, or consumer and enterprise services. S&P 500 earnings have kept soaring due to growth in AI spending and the profits it generates. For example, Alphabet's operating income grew 30% year over year in Q1 to $40 billion. Multiply this across many other AI megacaps, and you can see why the S&P 500 got its mojo back in May. Nvidia just posted 85% revenue growth to $81.6 billion. To track this spending momentum, investors need to monitor the upcoming SpaceX initial public offering and rumored offerings from OpenAI and Anthropic, the two biggest AI start-ups. SpaceX is planning to raise $75 billion in funding for its own AI ambitions, and the other two will likely raise...
Both Arm Holdings plc ARM and Synopsys, Inc. SNPS are powerhouses operating within the semiconductor design playfield, benefiting from the upsurge in AI chip demand. While ARM licenses processor architectures, SNPS offers electronic design automation software and IP used to design and verify advanced chips. Let us delve deeper to find out which stock would provide an upside to investors. The Case ...
Both Arm Holdings plc ARM and Synopsys, Inc. SNPS are powerhouses operating within the semiconductor design playfield, benefiting from the upsurge in AI chip demand. While ARM licenses processor architectures, SNPS offers electronic design automation software and IP used to design and verify advanced chips. Let us delve deeper to find out which stock would provide an upside to investors. The Case for Arm Holdings ARM registered record revenues of $1.5 billion in the fourth quarter of fiscal 2026, hinting at a 20% year-over-year jump. This solid growth can be attributed to the company’s strength in its powerful dual-sided network effect that links software creators and hardware manufacturers in a self-reinforcing loop. ARM’s heightened presence within consumer technology through partnership with tech powerhouses like Apple, Qualcomm and Samsung positions it ahead of the curve. The AI and IoT landscapes have bolstered ARM as a prominent player within the hyperscaler market. Arm-based Compute and Neoverse Compute Subsystems now represent nearly 50% of the market share among top hyperscalers. Royalty revenues from data centers have more than doubled year over year, driven by ARM capturing nearly the entirety of the data center networking chips market. Tech giants are showing keen interest in ARM’s customer silicon at scale. Google’s custom Arm Axion CPUs, coupled with its TPU8t/TPU8i architecture, provide an 80% performance enhancement at 80% less power over x86 setups. NVIDIA announced its next-gen Vera AI CPU, incorporating 256 Vera CPUs into a stand-alone liquid-cooled rack, while Meta is acting as a lead partner in developing multi-generation agentic solutions for users exceeding 3 billion. While the company is cradled with an advantageous position within the AI-chip ecosystem, risk appears high on the China front. ARM’s growth in China is dipping slowly as Chinese companies incline toward RISC-V, an open-source chip. As the strength of using indigenous products hei...
Both Arm Holdings plc ARM and Synopsys, Inc. SNPS are powerhouses operating within the semiconductor design playfield, benefiting from the upsurge in AI chip demand. While ARM licenses processor architectures, SNPS offers electronic design automation software and IP used to design and verify advanced chips. Let us delve deeper to find out which stock would provide an upside to investors. The Case ...
Both Arm Holdings plc ARM and Synopsys, Inc. SNPS are powerhouses operating within the semiconductor design playfield, benefiting from the upsurge in AI chip demand. While ARM licenses processor architectures, SNPS offers electronic design automation software and IP used to design and verify advanced chips. Let us delve deeper to find out which stock would provide an upside to investors. The Case for Arm Holdings ARM registered record revenues of $1.5 billion in the fourth quarter of fiscal 2026, hinting at a 20% year-over-year jump. This solid growth can be attributed to the company’s strength in its powerful dual-sided network effect that links software creators and hardware manufacturers in a self-reinforcing loop. ARM’s heightened presence within consumer technology through partnership with tech powerhouses like Apple, Qualcomm and Samsung positions it ahead of the curve. The AI and IoT landscapes have bolstered ARM as a prominent player within the hyperscaler market. Arm-based Compute and Neoverse Compute Subsystems now represent nearly 50% of the market share among top hyperscalers. Royalty revenues from data centers have more than doubled year over year, driven by ARM capturing nearly the entirety of the data center networking chips market. Tech giants are showing keen interest in ARM’s customer silicon at scale. Google’s custom Arm Axion CPUs, coupled with its TPU8t/TPU8i architecture, provide an 80% performance enhancement at 80% less power over x86 setups. NVIDIA announced its next-gen Vera AI CPU, incorporating 256 Vera CPUs into a stand-alone liquid-cooled rack, while Meta is acting as a lead partner in developing multi-generation agentic solutions for users exceeding 3 billion. While the company is cradled with an advantageous position within the AI-chip ecosystem, risk appears high on the China front. ARM’s growth in China is dipping slowly as Chinese companies incline toward RISC-V, an open-source chip. As the strength of using indigenous products hei...
After teasing the range earlier this year, Intel has officially revealed its Arc G3 range of chips designed for the best handheld gaming PCs . The Arc G3 range includes two SKUs, the Arc G3 and Arc G3 Extreme, that are built on Intel’s Core Ultra Series 3, or Panther Lake, silicon, and packing either the Arc B390 or Arc B370 integrated GPU, which are still the only two graphics processors on the m...
After teasing the range earlier this year, Intel has officially revealed its Arc G3 range of chips designed for the best handheld gaming PCs . The Arc G3 range includes two SKUs, the Arc G3 and Arc G3 Extreme, that are built on Intel’s Core Ultra Series 3, or Panther Lake, silicon, and packing either the Arc B390 or Arc B370 integrated GPU, which are still the only two graphics processors on the market with Intel’s Xe3 architecture. Intel has previously tried breaking into the handheld market with partner MSI, but it’s a space that’s been dominated by AMD’s Ryzen Z-series processors. Valve launched the Steam Deck with a custom AMD SoC, which was refined in the Steam Deck OLED, and both the ROG Ally X and Lenovo Legion Go S have stuck with Team Red. Intel’s G3 series looks like an attempt to establish Intel as a name in PC gaming handhelds, rather than just throwing laptop SKUs in the unique form factor as we’ve seen with devices like the MSI Claw. Both chips use a 14-core CPU with 2 P-cores, 8 E-cores, and 4 LP E-cores. The main difference between them is the integrated GPU. The Arc B390 comes with 12 Xe3 cores while the Arc B370 comes with 10. Intel has yet to confirm clock speeds and power draw for the new range. Latest Videos From It has provided some other details, however. For starters, the G3 Extreme series will feature Intel Precompiled Shaders. AMD has recently partnered with Microsoft to provide something similar on desktop with Advanced Shader Delivery. The idea is that you download a precompiled set of shaders rather than compiling them at runtime, vastly reducing the time it takes to get into a game. (Image credit: Intel) We’ve yet to see a true head-to-head battle between the Arc G3 and Ryzen Z ranges, but our testing of the B390 shows that it’s one impressive iGPU. Using high settings at 1080p with XeSS set to Balanced, we were able to achieve above 80 fps in Cyberpunk 2077. Mind you, that performance was inside a 16-inch Lenovo reference laptop. Expec...
Sol-Gel Technologies Ltd. (SLGL) came out with a quarterly loss of $1.31 per share versus the Zacks Consensus Estimate of a loss of $1.84. This compares to a loss of $3.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +28.80%. A quarter ago, it was expected that this company would post earnings of $0.39 per share w...
Sol-Gel Technologies Ltd. (SLGL) came out with a quarterly loss of $1.31 per share versus the Zacks Consensus Estimate of a loss of $1.84. This compares to a loss of $3.2 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +28.80%. A quarter ago, it was expected that this company would post earnings of $0.39 per share when it actually produced a loss of $1.07, delivering a surprise of -374.36%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. SolGel Technologies, which belongs to the Zacks Medical - Generic Drugs industry, posted revenues of $0.11 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 88%. This compares to year-ago revenues of $1.03 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. SolGel Technologies shares have added about 75.1% since the beginning of the year versus the S&P 500's gain of 9.9%. What's Next for SolGel Technologies? While SolGel Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earni...
A veteran Hong Kong barrister ordered to demolish alleged illegal structures on his home has lodged a judicial challenge after building authorities refused to consider a constitutional argument he raised earlier. Senior counsel Alan Hoo’s lawyers applied to the High Court for a judicial review over the extent of jurisdiction of the Appeal Tribunal (Buildings Ordinance), saying the statutory body w...
A veteran Hong Kong barrister ordered to demolish alleged illegal structures on his home has lodged a judicial challenge after building authorities refused to consider a constitutional argument he raised earlier. Senior counsel Alan Hoo’s lawyers applied to the High Court for a judicial review over the extent of jurisdiction of the Appeal Tribunal (Buildings Ordinance), saying the statutory body was entitled to decide whether an order to remove unauthorised structures would violate homeowners’ fundamental rights. The 74-year-old applicant argued that his rights to protection of his home and privacy had been infringed by a Buildings Department order dated January 23 last year instructing him to rectify alleged illegal alterations to his house at Seascape near Pok Fu Lam on Hong Kong Island within 60 days. Advertisement Those alterations include certain structures erected on the roof of a staircase hood, three structures installed on and over the house’s roof and one on a planter on the ground floor, according to the writ seen by the South China Morning Post on Thursday. Hoo’s lawyers said the alleged unauthorised works had been in place since the barrister bought the property in 1979 and posed no immediate danger to public safety that would necessitate their immediate removal. Advertisement They also argued that the order would in effect evict Hoo from his family home for six months during the most critical period when he needed to recover from a bacterial infection that had left him paralysed and requiring a wheelchair since March last year.
The White House has posted on social media a tribute to mark Thursday’s 10th anniversary of the death of a figure it called “a true patriot”. The hero was not a human, however; it concerned the infamous case of the 400lb western lowland gorilla that had been named Harambe, which was shot dead at the Cincinnati zoo after a toddler entered his enclosure and interacted with the animal. In a lengthy p...
The White House has posted on social media a tribute to mark Thursday’s 10th anniversary of the death of a figure it called “a true patriot”. The hero was not a human, however; it concerned the infamous case of the 400lb western lowland gorilla that had been named Harambe, which was shot dead at the Cincinnati zoo after a toddler entered his enclosure and interacted with the animal. In a lengthy post on Wednesday evening, what would have been the primate’s 27th birthday, the official government account mourned “an icon that became part of internet history, American culture, and an entire generation’s timeline”. Security staff at the zoo shot and killed the male silverback on 28 May 2016 after the boy, three-year-old Isaiah Dickerson, climbed a fence, crawled through a hedge, and dropped 15ft into the enclosure holding Harambe and fellow gorillas. Video captured the gorilla pulling the boy, who received only minor injuries, through water. The incident became a viral internet sensation, prompting memes, tributes both fake and real, music and poetry, and calls for sports teams to be renamed for Harambe. It also sparked safety improvements at the zoo, which reopened its gorilla enclosure a year later with higher walls and other barriers. Wednesday’s bizarre 123-word memorial post to the animal by the White House, which remained silent when the former Republican vice-president Dick Cheney died in November, evoked that aftermath. “He became a symbol of loyalty, strength, chaos, unity, and the strange beauty of the internet bringing millions of people together for one cause: never forgetting Harambe,” it said. “Everyone remembers where they were when they heard the news. And somehow, a decade later, his legacy still lives on. Gone, but never forgotten. Rest easy to a true patriot.” Harambe was born in captivity at a zoo in Brownsville, Texas, in May 1999. Soon after the 2016 incident, Donald Trump, then a presidential candidate, spoke of how it was “so beautiful to watch” ...
Canadian Imperial Bank of Commerce (NYSE:CM) reported sharply higher second-quarter earnings, with management pointing to broad-based revenue growth, positive operating leverage and a strong capital position as key drivers of the bank’s performance. President and Chief Executive Officer Harry Culham said CIBC delivered adjusted earnings per share of CAD 2.54, up 24% from a year earlier, marking th...
Canadian Imperial Bank of Commerce (NYSE:CM) reported sharply higher second-quarter earnings, with management pointing to broad-based revenue growth, positive operating leverage and a strong capital position as key drivers of the bank’s performance. President and Chief Executive Officer Harry Culham said CIBC delivered adjusted earnings per share of CAD 2.54, up 24% from a year earlier, marking the bank’s eighth consecutive quarter of double-digit EPS growth. Revenue rose 14% year over year to CAD 8 billion, with double-digit growth across each of CIBC’s businesses. Expenses increased 10%, while operating leverage was 4%, which Culham said marked the 11th consecutive quarter of positive operating leverage. CIBC reported second-quarter adjusted net income of CAD 2.5 billion, up 23% from a year earlier, while pre-provision earnings rose 19%, Chief Financial Officer Rob Sedran said. Reported EPS was CAD 2.53, compared with adjusted EPS of CAD 2.54. Adjusted return on equity was 16.4%, up 250 basis points from the same period last year. Revenue Growth Supported by Margins, Fees and Market Activity Sedran said revenue growth reflected balance sheet growth, improving net interest margins and higher fee income. Excluding trading, net interest income increased 14% from a year earlier. The all-bank margin excluding trading rose 17 basis points from the prior year and declined one basis point sequentially, which Sedran said was consistent with previously expected second-quarter seasonality. Canadian personal and commercial net interest margin was 301 basis points, up one basis point sequentially. In the U.S. segment, net interest margin was 390 basis points, down 11 basis points from the prior quarter due mainly to seasonally lower deposit balances and lower loan margins. Sedran said the bank continues to expect “a stable to gradual positive bias” on net interest margins over time. Non-interest income rose 13% to CAD 3.7 billion, helped by constructive markets and strong trad...
(RTTNews) - Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026. The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision from the previously reported 2.0 percent surge. The downward revision came as a surprise to economists, who had ex...
(RTTNews) - Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026. The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision from the previously reported 2.0 percent surge. The downward revision came as a surprise to economists, who had expected jump in GDP to be upwardly revised to 2.1 percent. The Commerce Department said the slower than previously estimated growth primarily reflected downward revisions to investment and consumer spending. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
RiverNorthPhotography Tyson Foods ( TSN ) announced today that Jeff Schomburger will replace the retiring Donnie King as CEO. Following a period of transition beginning in July, Schomburger will succeed King on October 4. Schomburger has been a member of the Tyson Foods Board of Directors since 2016, which was noted to have provided him a strong understanding of the company’s operations and strate...
RiverNorthPhotography Tyson Foods ( TSN ) announced today that Jeff Schomburger will replace the retiring Donnie King as CEO. Following a period of transition beginning in July, Schomburger will succeed King on October 4. Schomburger has been a member of the Tyson Foods Board of Directors since 2016, which was noted to have provided him a strong understanding of the company’s operations and strategy. The company said Schomburger brings deep customer and consumer brand experience to the role, having held multiple senior leadership positions throughout his 35-year tenure at Procter & Gamble ( PG ), retiring as its Global Sales Officer in 2019. During his decade on the board, Schomburger has served on multiple committees, including Compensation, Audit and Strategy & Acquisition, becoming Chair of Strategy and Acquisition in 2021. He has served as Lead Independent Director on the Board since 2025, working closely with King, providing Board oversight, and engaging directly with leaders across the Tyson Foods business. "His experience will help us accelerate our strategic priorities and unlock new ways to win with customers and consumers—a key focus of our growth strategy. The board looks forward to working with Jeff to drive sustainable growth, enhance shareholder value, and build on the strong momentum Tyson Foods has established," highlighted Chairman John Tyson. Tyson Foods ( TSN ) also reaffirmed its previously issued total company guidance for FY26. Shares of Tyson Foods ( TSN ) fell 1.4% in premarket trading. More on Tyson Foods Tyson Foods, Inc. (TSN) Presents at 21st Annual Global Farm to Market Conference Transcript Tyson Foods, Inc. 2026 Q2 - Results - Earnings Call Presentation Tyson Foods: Momentum Builds As Core Segments Rebound, Macro Uncertainty Keeps Me Cautious Highest and lowest quant-rated large and mega-cap consumer staples stocks after Q1 China halts licenses for U.S. beef exporters shortly after renewing them - report
Shares of Snowflake (NYSE:SNOW) are rocketing higher on Thursday morning, with the stock up 35% to around $240 after the company posted a blowout Q1 FY2027 report and unveiled a $6 billion multiyear deal with Amazon‘s (NASDAQ:AMZN) AWS (Amazon Web Services). SNOW stock closed at $175.26 on Wednesday. The move would mark one of the ... Snowflake Explodes 37% on $6 Billion Amazon Deal as CEO Calls Q...
Shares of Snowflake (NYSE:SNOW) are rocketing higher on Thursday morning, with the stock up 35% to around $240 after the company posted a blowout Q1 FY2027 report and unveiled a $6 billion multiyear deal with Amazon‘s (NASDAQ:AMZN) AWS (Amazon Web Services). SNOW stock closed at $175.26 on Wednesday. The move would mark one of the ... Snowflake Explodes 37% on $6 Billion Amazon Deal as CEO Calls Q1 an AI “Inflection Point”
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) shares moved lower even after CEO Jensen Huang unveiled major expansion plans in Taiwan, adding to a recent pattern where strong news has not been enough to push the stock higher. The company said it plans to increase annual spending in Taiwan from roughly $100 billion to $150 billion and build a new regional headquarters expected...
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) shares moved lower even after CEO Jensen Huang unveiled major expansion plans in Taiwan, adding to a recent pattern where strong news has not been enough to push the stock higher. The company said it plans to increase annual spending in Taiwan from roughly $100 billion to $150 billion and build a new regional headquarters expected to house about 4,000 employees by 2030. Normally, an announcement like that might fuel another rally. Instead, investors appeared to take profits after Nvidia's massive run over the past year. Some pressure also came from renewed concerns about customer concentration and slowing business in China. Investor Michael Burry (Trades, Portfolio) recently warned that Nvidia relies heavily on a small group of major customers, pointing out that the company's top three customers accounted for a large portion of receivables last quarter. At the same time, Nvidia's revenue from mainland China and Hong Kong has weakened sharply due to export restrictions, even as revenue from Taiwan continues to grow. The broader chip sector remains strong, but investor attention has recently shifted toward other AI-related names, including memory chip companies such as Micron, which recently crossed the $1 trillion market cap mark. For investors, the pullback does not necessarily change Nvidia's long-term AI story. Wall Street still largely views the company as one of the biggest winners from the AI boom.
Actis has raised $2.5 billion at first close for its flagship energy fund, putting it about 40% of the way to its goal, people with knowledge of the matter said. The firm, which is owned by General Atlantic , is seeking about $6 billion for Actis Energy 6 and is aiming for a final close next year, the people said, asking not to be identified as the information is private. The fund will invest in r...
Actis has raised $2.5 billion at first close for its flagship energy fund, putting it about 40% of the way to its goal, people with knowledge of the matter said. The firm, which is owned by General Atlantic , is seeking about $6 billion for Actis Energy 6 and is aiming for a final close next year, the people said, asking not to be identified as the information is private. The fund will invest in renewable energy, power grids, energy storage and energy transition solutions across Asia, Latin America, central and eastern Europe, the Middle East and Africa. A spokesperson for Actis declined to comment. Investment firms are benefiting from a broader re-allocation of global energy capital into growth markets. Renewable power generation is on the rise in emerging markets as these economies chase energy resilience and independence. The war in Iran has created a fresh burst of momentum. Actis has raised more $27 billion since its inception. In 2024, Actis was bought by General Atlantic in a deal that created an investment platform with roughly $126 billion in combined assets. Actis operates as General Atlantic’s sustainable infrastructure business.
Just_Super/E+ via Getty Images TriplePoint Venture Growth ( TPVG ) is facing severe portfolio pressure and income declines, accompanied by a higher-than-average non-accrual percentage. Because of this, the private credit platform has seen a painful net asset value decline in the last three years and, in response, instituted two large-sized dividend cuts to realign its dividend with its contracting...
Just_Super/E+ via Getty Images TriplePoint Venture Growth ( TPVG ) is facing severe portfolio pressure and income declines, accompanied by a higher-than-average non-accrual percentage. Because of this, the private credit platform has seen a painful net asset value decline in the last three years and, in response, instituted two large-sized dividend cuts to realign its dividend with its contracting net investment income. Unfortunately, I believe those two dividend cuts may not be the last ones, as the BDC continues to see a down-trend in net investment income per-share and the Q1'26 drop in the dividend coverage ratio to 100% suggests that even the lowered dividend of $0.23 per-share may not be sustainable. For those reasons I believe investors may want to continue to avoid shares of TriplePoint Venture Growth and invest their capital into other, high-quality BDC choices. Data by YCharts Previous rating I down-graded shares of TriplePoint Venture Growth to ‘ Hold ’ in August 2025 amid persistent NAV declines and weak balance sheet quality. I followed this up with my work on TPVG, ' Be Careful With This 15% Yield.' The private credit company currently supports its dividend with net investment income, but only barely, even after two dividend cuts... which raises serious questions about TPVG's dividend sustainability. With the BDC's net asset value continuing to drop and the dividend having no safety margin right now, I would not be surprised for TriplePoint Venture Growth to announce a third dividend cut in 2026. Portfolio headwinds and painful income declines, weak non-accrual setup TriplePoint Venture Growth is an externally-managed, tech-oriented investment company, organized as a business development company, that provides capital chiefly to companies that are backed by other venture capital firms and that need capital to grow faster. TriplePoint Venture Growth continues to face major challenges in its portfolio as the private credit platform reported yet another s...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the funding challenges confronting African startups. And: Nigeria’s presidential election race shapes up Congo is seeking an experimental Ebola drug Ghana is repatriating citizens from South Africa Plugging the Gap Afr...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the funding challenges confronting African startups. And: Nigeria’s presidential election race shapes up Congo is seeking an experimental Ebola drug Ghana is repatriating citizens from South Africa Plugging the Gap Africa’s startup founders are facing a formidable rival in the race for capital : US artificial-intelligence firms. From a telemedicine company in Chad to a credit-data provider in South Africa, entrepreneurs across the continent say investors have become more selective, placing greater emphasis on resilience and sustainable business models than on rapid growth. That shift emerged as a defining theme in Bloomberg’s second edition of 25 African Startups to Watch , which spotlights companies operating across healthcare, logistics, fintech, AI and security. For many founders, raising money is now less about selling a bold vision and more about proving they can endure. “We love the impact, but Africa is no longer getting funded on vision alone,” an investor told Abakar Mahamat, founder of Chad’s Telemedan, which operates telemedicine kiosks. The remark “captured the current reality perfectly,” Mahamat said. “The market became tougher, especially for African founders building in difficult environments.” The challenge has intensified as venture capital pours into AI , with roughly three-quarters of that outlay going to American companies. Startups in Africa raised just $2.1 billion in equity funding, down 21% from 2024, according to the African Private Capital Association. Still, African founders are increasingly finding support closer to home. About 47% of commitments secured by companies featured in Bloomberg’s startup list came from investors on the continent, while less than a quarter originated in the US. African investors accounted for an average of 23% of their funding betwee...
Earlier this month, TransUnion and Google announced an industry-first integration that brings YouTube advertising into TransUnion’s Multi-Touch Attribution solution, enabling marketers to connect YouTube ad exposure with measurable business outcomes across channels. This collaboration positions TransUnion as the only MTA provider measuring YouTube within a unified attribution framework, potentiall...
Earlier this month, TransUnion and Google announced an industry-first integration that brings YouTube advertising into TransUnion’s Multi-Touch Attribution solution, enabling marketers to connect YouTube ad exposure with measurable business outcomes across channels. This collaboration positions TransUnion as the only MTA provider measuring YouTube within a unified attribution framework, potentially deepening its role in identity-driven marketing analytics. We’ll now consider how becoming YouTube’s exclusive MTA measurement partner could influence TransUnion’s broader investment narrative and long-term growth drivers. Outshine the giants: these 14 early-stage AI stocks could fund your retirement. TransUnion Investment Narrative Recap To own TransUnion, you need to believe its data, analytics and identity assets can compound value as digital credit and marketing keep deepening. The new Google YouTube MTA integration reinforces the identity and marketing analytics story, but it does not obviously change the near term focus on executing the tech transformation and managing regulatory and cyber risks, which remain the key near term catalyst and overhang for the stock. Among recent developments, the May 11 class action alleging inaccurate credit file data stands out alongside the Google partnership. While the Google news speaks to the upside in higher value analytics, the litigation highlights how any perceived data quality or compliance lapse can quickly intersect with the core bureau franchise, potentially affecting costs, trust and the payoff from newer identity driven solutions. Yet behind the Google win, investors should be aware of the growing legal and data accuracy scrutiny that could... Read the full narrative on TransUnion (it's free!) TransUnion’s narrative projects $6.0 billion revenue and $839.9 million earnings by 2029. Uncover how TransUnion's forecasts yield a $91.33 fair value, a 29% upside to its current price. Exploring Other Perspectives TRU 1-Year Sto...
Anthony Gordon was deep in thought. As club anthem 'Cant del Barca' rang out, the Newcastle United forward was sat on the steps in the Nou Camp tunnel, taking it all in. It was just a few minutes before Newcastle faced Barcelona in the second leg of their Champions League knockout tie back in March. Stages do not come much bigger than this one. Few could have imagined Gordon would be returning to ...
Anthony Gordon was deep in thought. As club anthem 'Cant del Barca' rang out, the Newcastle United forward was sat on the steps in the Nou Camp tunnel, taking it all in. It was just a few minutes before Newcastle faced Barcelona in the second leg of their Champions League knockout tie back in March. Stages do not come much bigger than this one. Few could have imagined Gordon would be returning to this very stadium to be unveiled as a Barcelona player just a couple of months later, even if he always looked likely to depart. Gordon is understood to have viewed his spell at Newcastle as the best three and-a-half years of his life. He is immensely grateful for what the club's coaching staff and his team-mates have done for him. However, the England forward has never disguised his ambition to get to the "very top" as he arrives in Barcelona to undergo a medical and complete his £69.3m move. Former Newcastle team-mate Matt Ritchie knows that better than most. "It's his work ethic and application," he said. "He's laser-focused on being the best he can be. "Working with Eddie [Howe] and all the coaches in Newcastle, he couldn't have fallen into better hands in that regard. "Knowing Ant how I know him, he dreams big, he thinks big and you can see with his personality on the pitch. "He became a team player but will always have that edge and controlled arrogance, which all these top players have, so I'm not surprised he's moving on to a club with the stature of Barcelona."
Another sweltering sub-Saharan summer’s day in late spring. If this is global warming, I say: “Bring it on.” I go outside to the van, turn on the engine and leave it running. This is the kind of day you want to burn as many fossil fuels as possible. Back indoors, I turn on the radio where Tony Blair is talking. There’s a politician who talks sense. Bollocks to net zero. That’s what I say. It stand...
Another sweltering sub-Saharan summer’s day in late spring. If this is global warming, I say: “Bring it on.” I go outside to the van, turn on the engine and leave it running. This is the kind of day you want to burn as many fossil fuels as possible. Back indoors, I turn on the radio where Tony Blair is talking. There’s a politician who talks sense. Bollocks to net zero. That’s what I say. It stands to reason. I mean, think back to the ice age. Let’s face it, there weren’t that many international flights a day while the Neanderthals were alive – five or six at most – and the world still got a whole lot hotter. So it’s all just woke nonsense. Make a note in my diary to ask if Tony is free to come up to Makerfield to do some door-knocking. WhatsApp from Nigel. He’s running 10 minutes late and says he will meet me in the local cafe along with a couple of photographers and a tame reporter. Decide to check my emails while I’m waiting. There’s one from Carol Vorderman. Turns out she’s moaning about me saying how fit she was online. And the rest! Some women just can’t take a compliment. The world is going mad. I guess she must just be going through the menopause or something. What does she want me to say? That I didn’t fancy her? Make your mind up, love. Then there’s the email from Danny Kruger. Of course there is. He messages me every day. Always the same. Saying how much he admires my northern, working-class authenticity and is longing to come out with me one day to service a boiler. He’s never been inside a council property before and is curious to know how the little people live and whether he should spray himself in disinfectant first. Then the “but”. There’s always a but with Danny. “I love your typically forthright banter,” he says. “It’s adorable. But it might be helpful if for the next three weeks you tried to rein it in a bit. Not everyone finds it so charming.” View image in fullscreen Danny Kruger says he’s ‘longing to come out with me one day to service a boile...
Apollo Global Management ( APO ) funds are set to acquire a minority interest in Apex Service Partners, a residential HVAC, plumbing, and electrical services business. Apex's existing investor, Alpine, is also making an additional investment in the company to support its continued growth. Financial terms of the transaction were not disclosed. The transaction is expected to close in the fourth quar...
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