A big indie showcase has just wrapped up, and now I have a lot more games to look forward to. The third iteration of the Triple-I Initiative, an annual showcase for upcoming releases put on by a group of studios, aired on Thursday. It featured some familiar franchises, like an indie-developed Castlevania and a new entry in the Don't Starve series, as well as some impressive new titles. You can wat...
A big indie showcase has just wrapped up, and now I have a lot more games to look forward to. The third iteration of the Triple-I Initiative, an annual showcase for upcoming releases put on by a group of studios, aired on Thursday. It featured some familiar franchises, like an indie-developed Castlevania and a new entry in the Don't Starve series, as well as some impressive new titles. You can watch the full show here , but here are some of the highlights. A new look at the Castlevania game from the developers behind Dead Cells Konami is teaming up with Evil Empire and Motion Twin, which worked on the hit roguelike Dead Cells , on Castleva … Read the full story at The Verge.
Dawson Partners plans to hit the fundraising trail for its next flagship vehicle after the private credit manager closed a prior iteration in October with about $7.7 billion. The firm has begun signaling to investors its intention to raise the next fund and plans to make a formal pitch to them in the middle of this year, according to people familiar with the matter. A representative for Dawson dec...
Dawson Partners plans to hit the fundraising trail for its next flagship vehicle after the private credit manager closed a prior iteration in October with about $7.7 billion. The firm has begun signaling to investors its intention to raise the next fund and plans to make a formal pitch to them in the middle of this year, according to people familiar with the matter. A representative for Dawson declined to comment. The preceding vintage, Dawson Portfolio Finance 6 , closed at its $7 billion hard cap and tacked on $700 million of co-investments. While the Toronto-based firm has yet to set a target for the new fund, it would be at least as big as the prior vintage, the people said, asking not to be identified discussing confidential discussions. Dawson specializes in fund finance, which provides liquidity to backers of private equity funds, and offers financing for private equity firms’ portfolio companies. It’s also becoming a bigger player in collateralized fund obligations, which bundle private equity and private credit stakes. It raised $750 million for its second fund providing capital to private equity managers. Asset Manager Dawson Bundles Private Stakes Into $1 Billion CFO Alternative Asset Firm Dawson to Debut Credit Secondary Strategy Private Equity Financier’s Returns Slump in $1.2 Trillion Market Dawson, which oversees more than $27 billion, also aims to raise capital from wealthy individuals through an evergreen fund, according to a filing . The Dawson Private Markets Evergreen Fund plans to invest in secondaries through single and multi-asset vehicles raised by other private fund managers, and make primary investments in funds as well as co-investments alongside those managers. The evergreen fund will be managed by Nadeem Kheraj , Dawson’s co-head of secondaries solutions.
Ark Investment Management operates a dozen exchange-traded funds (ETFs) that invest in companies that are pursuing innovations across an array of technologies. Some of these funds have a specific focus in areas like artificial intelligence (AI), robotics, cryptocurrency, and even space flight, while others take a broader approach. Ark was founded by seasoned technology investor Cathie Wood. Its fl...
Ark Investment Management operates a dozen exchange-traded funds (ETFs) that invest in companies that are pursuing innovations across an array of technologies. Some of these funds have a specific focus in areas like artificial intelligence (AI), robotics, cryptocurrency, and even space flight, while others take a broader approach. Ark was founded by seasoned technology investor Cathie Wood. Its flagship fund is the Ark Innovation ETF (NYSEMKT: ARKK) , which is built around the theme of "disruptive innovation," with holdings from across the entire tech industry, so it's one of the best proxies for Wood's strategy. The Ark Innovation ETF is up 52% over the last 12 months, a result that trounced the 22% gain of the S&P 500 index over the same period. But the fund hasn't always performed this well, and in fact, it's still down 46% from its record high, which it set during the tech market frenzy in 2021. But where might it go from here? Continue reading
The surge in oil and natural gas prices from the Iran war might seem like good news for the world’s biggest energy companies, but disruptions to production in the region, shipping blockades and hedging losses make the reality far more complicated. Exxon Mobil Corp. and Chevron Corp. lost about 6% of their global production in the first quarter, while Shell Plc ’s gas output was 5% lower, largely b...
The surge in oil and natural gas prices from the Iran war might seem like good news for the world’s biggest energy companies, but disruptions to production in the region, shipping blockades and hedging losses make the reality far more complicated. Exxon Mobil Corp. and Chevron Corp. lost about 6% of their global production in the first quarter, while Shell Plc ’s gas output was 5% lower, largely because the Strait of Hormuz has been essentially closed. It comes after just one month of fighting in the region, indicating that the hit could be far more severe if the waterway remains shut for an extended period. “The Middle East makes a messy quarter,” Lloyd Byrne , an analyst at Jefferies Financial Group Inc. , wrote in a note. Also See: Chevron Says Iran War Reduced Production, Impacted Earnings Shares of all three oil majors reached record highs in recent weeks as Brent crude surged above $112 a barrel, the most in four years, and amid speculation that fuel shortages in Asia will push up prices more in the months ahead. But production losses and shipping constraints mean the supermajors were unable to take full advantage of the price spikes, laying bare how vulnerable they are to protracted trade restrictions in the Persian Gulf. Analysts are quickly lowering their forecasts for Exxon and Chevron’s first quarter results after they disclosed about $7 billion of mark-to-market derivative losses combined this week. As prices increased sharply in March — global crude futures rose more than 50% in less than three weeks — the companies were forced to post paper losses on hedges associated with cargoes that will take several weeks to be delivered. “This accounting often happens well before the sale of the associated physical product is complete,” Exxon’s Chief Financial Officer Neil Hansen said in a statement. “These impacts will unwind over time.” Read More: Exxon Sees First-Quarter Production Loss of 6% on Iran War Exxon’s guidance pointed to earnings that were “well belo...
(RTTNews) - A day after scoring strong gains following a two-week ceasefire agreed to by the U.S. and Iran, European stocks turned weak on Thursday as Tehran halted the passage of oil tankers through the Strait of Hormuz after accusing the U.S. of violating three clauses of the 1
(RTTNews) - A day after scoring strong gains following a two-week ceasefire agreed to by the U.S. and Iran, European stocks turned weak on Thursday as Tehran halted the passage of oil tankers through the Strait of Hormuz after accusing the U.S. of violating three clauses of the 1
J Studios/DigitalVision via Getty Images Intel Corporation ( INTC ) is positioned for a major turnaround, as Intel Foundry Services [IFS] gains momentum in sourcing third-party chip designers following the announced partnership with Tesla, Inc. ( TSLA ), to potentially manufacture its advanced AI chips that will power autonomous driving, its Optimus humanoid robot, and SpaceX ( SPACE ) satellite c...
J Studios/DigitalVision via Getty Images Intel Corporation ( INTC ) is positioned for a major turnaround, as Intel Foundry Services [IFS] gains momentum in sourcing third-party chip designers following the announced partnership with Tesla, Inc. ( TSLA ), to potentially manufacture its advanced AI chips that will power autonomous driving, its Optimus humanoid robot, and SpaceX ( SPACE ) satellite constellation. With optimism growing for the once financially strapped chip foundry, Intel’s positioning in the market may be returning to a strong footing in the coming years, potentially turning to profitability by eFY28. Given the optimistic outlook for Intel, I am reiterating my Strong Buy rating with a price target of $93/share at 16.12x eFY28 EV/aEBITDA. Intel Corporation Operational Update Intel has been circulating in the headlines after a blockbuster announcement that the once financially strapped technology giant may be in a position for a major turnaround. In early April 2026, Intel announced a partnership with Tesla, Inc. (TSLA), to bring CEO Elon Musk’s vision to light and develop an advanced chip fabrication facility to design, fabricate, and package purpose-built logic and memory chips to power SpaceX and Tesla technologies. Musk first announced plans for the Terafab in early 2026, around the time of the Tesla Q4 ’25 earnings release , hinting that the automaker would bring in-house an advanced semiconductor fabrication facility to manufacture a large proportion of the chips needed to power these autonomous engines. Fast forward to April 2026; Musk announced a partnership with Intel to leverage its chip fabrication expertise to potentially manage the entire process net of design. This can be a major paradigm shift for Intel, which has been digesting years of overinvestment in capital equipment while clinging to the hope of attracting external semiconductor designers for foundry services. From a thematic perspective, this can be Intel’s path into further fabric...
J Studios/DigitalVision via Getty Images Intel Corporation ( INTC ) is positioned for a major turnaround, as Intel Foundry Services [IFS] gains momentum in sourcing third-party chip designers following the announced partnership with Tesla, Inc. ( TSLA ), to potentially manufacture its advanced AI chips that will power autonomous driving, its Optimus humanoid robot, and SpaceX ( SPACE ) satellite c...
J Studios/DigitalVision via Getty Images Intel Corporation ( INTC ) is positioned for a major turnaround, as Intel Foundry Services [IFS] gains momentum in sourcing third-party chip designers following the announced partnership with Tesla, Inc. ( TSLA ), to potentially manufacture its advanced AI chips that will power autonomous driving, its Optimus humanoid robot, and SpaceX ( SPACE ) satellite constellation. With optimism growing for the once financially strapped chip foundry, Intel’s positioning in the market may be returning to a strong footing in the coming years, potentially turning to profitability by eFY28. Given the optimistic outlook for Intel, I am reiterating my Strong Buy rating with a price target of $93/share at 16.12x eFY28 EV/aEBITDA. Intel Corporation Operational Update Intel has been circulating in the headlines after a blockbuster announcement that the once financially strapped technology giant may be in a position for a major turnaround. In early April 2026, Intel announced a partnership with Tesla, Inc. (TSLA), to bring CEO Elon Musk’s vision to light and develop an advanced chip fabrication facility to design, fabricate, and package purpose-built logic and memory chips to power SpaceX and Tesla technologies. Musk first announced plans for the Terafab in early 2026, around the time of the Tesla Q4 ’25 earnings release , hinting that the automaker would bring in-house an advanced semiconductor fabrication facility to manufacture a large proportion of the chips needed to power these autonomous engines. Fast forward to April 2026; Musk announced a partnership with Intel to leverage its chip fabrication expertise to potentially manage the entire process net of design. This can be a major paradigm shift for Intel, which has been digesting years of overinvestment in capital equipment while clinging to the hope of attracting external semiconductor designers for foundry services. From a thematic perspective, this can be Intel’s path into further fabric...
Dennis Cornell , the head of client coverage for the Americas at Apollo Global Management , has left the firm, according to people familiar with the matter. Cornell flagged his intention to leave weeks ago and finalized his departure recently, the people said, asking not to be identified discussing sensitive information. Cornell’s profile on LinkedIn now identifies him as a “former partner.” Apoll...
Dennis Cornell , the head of client coverage for the Americas at Apollo Global Management , has left the firm, according to people familiar with the matter. Cornell flagged his intention to leave weeks ago and finalized his departure recently, the people said, asking not to be identified discussing sensitive information. Cornell’s profile on LinkedIn now identifies him as a “former partner.” Apollo hired Cornell in 2022 as a partner and head of US originations for its capital solutions arm, according to an announcement at the time. Prior to joining Apollo, Cornell worked in the energy and private equity investment banking groups at Moelis & Co. Two other executives, Eric Meyers and Michael Zicari , are also leaving Apollo, Bloomberg previously reported . Meyers and Zicari both worked in the firm’s capital solutions arm and plan to take jobs at Franklin Templeton. Apollo spokespeople didn’t respond to requests for comment.
Gemini said Major U.S. stock indexes are rebounding today, led by a 0.48% gain in the Nasdaq 100, even as crude oil prices surge over 5% due to the ongoing blockage of the Strait of Hormuz and escalating tensions between Israel and Lebanon.
Gemini said Major U.S. stock indexes are rebounding today, led by a 0.48% gain in the Nasdaq 100, even as crude oil prices surge over 5% due to the ongoing blockage of the Strait of Hormuz and escalating tensions between Israel and Lebanon.
DKosig The global economy faces a dual threat of rising inflation and slower growth in the wake of the Iran war, according to International Monetary Fund Managing Director Kristalina Georgieva. In an interview with CNBC, Georgieva warned that the conflict represents a “negative supply shock” that is pushing prices up worldwide, with the severity of the damage depending on whether the current cease...
DKosig The global economy faces a dual threat of rising inflation and slower growth in the wake of the Iran war, according to International Monetary Fund Managing Director Kristalina Georgieva. In an interview with CNBC, Georgieva warned that the conflict represents a “negative supply shock” that is pushing prices up worldwide, with the severity of the damage depending on whether the current ceasefire holds and the extent of infrastructure destruction already inflicted. “All roads go into higher inflation, slower growth,” Georgieva said, explaining that the IMF has scrapped a previously expected 0.1% upgrade to global growth projections. Instead, the fund will present three different scenarios next week based on how the crisis unfolds. If hostilities persist, she cautioned, “inflation starts flashing red signs, then central banks have to step in,” which would further suppress economic growth. Georgieva emphasized that while the crisis is global in scope, its impact is far from uniform. “This crisis is global, but it is very asymmetric,” she said, noting that oil exporters like the U.S. are in a “much more protected position,” while poor oil-importing countries find themselves “in a very tough spot.” The most acute pain is being felt in Asia, particularly in nations with weak financial reserves. Countries like the Philippines and Thailand are already experiencing fuel rationing due to their limited reserves. By contrast, major economies like Japan and China, while also energy importers, have substantial oil and gas reserves that provide a buffer against supply disruptions. The IMF is preparing a substantial financial response, estimating that affected nations will need between $20B and $50B in additional financing. The fund already has programs in place with vulnerable countries, including Sri Lanka, Bangladesh, Egypt, and Jordan, and expects to discuss augmenting these arrangements next week with nations facing heightened pressures. However, Georgieva warned that th...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has earned a repeat ‘Buy’ rating from Bank of America following the unexpected early launch of the company’s newest large language model, Muse Spark. Bank of America also kept its price target on Meta unchanged at $885, with shares up 3.4%...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has earned a repeat ‘Buy’ rating from Bank of America following the unexpected early launch of the company’s newest large language model, Muse Spark. Bank of America also kept its price target on Meta unchanged at $885, with shares up 3.4%...