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'Mother Monster' Lady Gaga reportedly welcomes first child
LOS ANGELES — Mother Monster has reportedly welcomed her first baby. Pop singer Lady Gaga and her fiancé, tech investor Michael Polansky, were recently photographed with a newborn child during
Crypto billionaires donate millions to Reform UK, raising concerns about money in politics
Reform UK, the anti-immigration party led by Nigel Farage, received £72 million (around €83.9 million) from two cryptocurrency billionaires this weekend, prompting concerns about money’s influence in British politics. Ben Delo, co-founder of the BitMEX platform, donated £36 million, and crypto investor Christopher Harborne matched that amount. Harborne supports Reform UK’s policies, believing they will […]
Should Healthcare Rotation Require Action From Oscar Health Stock Investors?
Morningstar recently reported that tougher macro conditions have pushed investors toward healthcare, with the sector index up about 7% quarter to date and Oscar Health participating in that rotation. Oscar Health, a technology focused insurer with strong revenue and earnings per share growth and a wider free cash flow margin, is drawing interest as investors look for defensively positioned healthcare exposure. We will examine how Oscar Health's investment narrative is shaped by investor...
Apple, Taiwan Semiconductor Lead 5 Top Stocks Near Buy Points
Two hot health care plays are on the list.
ABM Industries’ (ABM) Cash Flow Jump Masks A Split Business Story
On September 8, ABM Industries (NYSE:ABM) told investors that a business famous for grinding out steady, unglamorous cash flow had rediscovered exactly that. Free cash flow through the first nine months of fiscal 2026 jumped more than $150 million from a year earlier, and management used the moment to raise guidance across the board. But […]
Colin Cowherd Buys Stake in EPL’s Ipswich
Other Ipswich investors include Marques Colston and Ed Sheeran.
'Black Swan' investor says to guard against disaster, take risks too
Universa's Mark Spitznagel said it's crucial to take risks and protect yourself against huge losses, and spoke fondly of his best investment.
Ilika, Genflow Biosciences, EnergyPathways, Ariana Resources, Tertiary Minerals, Light Science Technologies - Small Cap Week in Review
The politics and possibilities of ‘AI could kill us all’
I found myself fielding a lot of questions from folks who don’t usually talk much about AI this week. They were mostly along the lines of “do you think AI is going to kill us all?” or “how worried should I be about this human extinction stuff?” Motivating this wave of existential anxiety was the highly dramatic resignation of now-former Anthropic employee Jacob Coxon, who quit his job while publicly sharing his concerns about safety practices at the leading AI companies. More specifically, he declared that almost everyone at OpenAI and Anthropic, the leading AI labs, believes that there’s a decent chance the AI systems they’re producing could “kill us all” by the end of the decade, and the companies aren’t “acting responsibly.” Other AI safety researchers, including those still employed at Anthropic and OpenAI, all confirmed that yes, Coxon is correct, they’re all worried that their company’s products might prove fatal for the entire human race as well. Two more AI employees quit and joined the chorus. Now, the warning shot has been covered everywhere from the Wall Street Journal to Fox News to WIRED to the Guardian. I understand why all this sounds scary, but my response to those who have asked, has generally been: No, you don’t need to worry that AI will kill go rogue and kill us all. But that does not mean we shouldn’t worry, period. Far from it. The companies building AI products are now among the wealthiest and most powerful entities in the world. And they very much are building enormous engines of mass surveillance, extraction, and automation. They can and have allowed their AI systems to carry out felony hacks of other companies, provided the government with autonomously generated kill lists, and sold enterprise technology to firms around the world that is explicitly intended to replace jobs. But “AI” has done these things not because they have all-powerful minds of their own but, ultimately, because people have programmed, calibrated, and directed them to. In other words, it’s not AI we need to worry the most about. It’s the people and corporations working to profit from and gain power by deploying it. The technology is sophisticated, sure, and, especially in cybersecurity contexts, potentially disruptive to plenty of existing systems. But if we want to stop this predatory, profiteering, and extractive form of AI—and it’s worth noting that at this point, most people do—we absolutely can. A quick note/plea: I can only do all of this with the support of readers like you, so if you find value in independent, critical tech journalism and analysis, please consider becoming a paid subscriber. I want to keep as much of this un-paywalled as absolutely possible, and I need your support to do so. Many thanks to all who continue to chip in, it’s very much appreciated. Onward. Subscribe First, some context: AI industry folks like Coxon have been discussing the prospect that AI will destroy humanity for years. Even before the beginning of the AI boom, many working in the industry, from the executive staff to the rank and file researchers, have obsessed over ‘x-risk’, or the possibility that AI will become sentient or semi-sentient and move one way or another to exterminate humanity. This is ostensibly why Elon Musk bankrolled OpenAI in the first place, and is the grounds for his lawsuit alleging OpenAI betrayed its charter by abandoning its nonprofit status to become a commercial enterprise. Many AI engineers and startup founders have calculated their own personal p(doom), or the probability that the tech product they are working on will initiate an actual humanity-extinguishing apocalypse. 10-25% p(doom)s are pretty common. (I wrote about a long weekend I spent among these folks at one of their top conferences here, to give you an idea of their ideas and belief systems.) Sam Altman himself drove the narrative of the imminent rise of a super-powerful AI, or artificial general intelligence, to prominence by declaring that the technology he was building posed an existential risk to humanity. This idea is in other words baked into the DNA of modern AI companies and into the products they engineer. It’s also why the industry is routinely accused, by myself and others, of “doom marketing,” ie, using such proclamations and framings to impart the sheer power of the technology behind your product onto investors, partners, consumers, and the state. Some ambient understanding of this tendency may have helped prevent the press from repeating the claim every time one of the x-risk folks made it over the years, including when they quit their jobs at AI companies while doing so. Yet Coxon’s AI x-risk alarm has broken containment, as they say, and has exposed the idea to the mainstream media once again. This has happened, I think, for a number of reasons. First, when AI CEOs were going around saying AI might kill everyone in 2023, their companies were well-capitalized, but not nearly to the extent they are today. They were more easily dismissed as eccentric geeks of the sort that Silicon Valley is supposed to produce. Now, not only do their products have much greater market saturation, but people are more aware of a) the often unethical ways the executives and companies comport themselves b) the other adverse impacts of AI that have already arrived, and c) the physical cost of building these systems, particularly when it comes to data centers. Finally, toss in the constant stream of headlines in 2026 about AI models going rogue or potentially upending the world’s infrastructure. [ ](https://www.bloodinthemachine.com/p/with-the-backlash-to-data-centers) [ With the backlash to data centers, Flock and AI glasses, a mass opposition to big tech is underway. Silicon Valley is in denial. ](https://www.bloodinthemachine.com/p/with-the-backlash-to-data-centers) Brian Merchant · Aug 27 [ Read full story ](https://www.bloodinthemachine.com/p/with-the-backlash-to-data-centers) As a result, general sentiment was already overwhelmingly skeptical of AI and its overlords, so the table was pretty well set for someone to come along and say ‘just a reminder, the companies that are building the product that promises to take your job and leave a data center in your neighborhood also think that it might exterminate the human race’ and get a strong reaction from the media and the public. The question is: Should we understand this stuff as hype, strategically fanned to feed already swelling valuations? Is it doom marketing? Genuine cause for alarm that the infrastructure that undergirds modern life is facing a novel threat vector? Or reason to be sincerely worried that AI companies are amassing too much power, and that their products are genuinely dangerous? The answer, I’m afraid, is “yes.” Let me try to untangle all of this a bit, because arguments over how to navigate this moment are extremely heated right now, as they are essentially arguments over how to approach the politics of AI at a moment where there may be a unique opening for action. Those sympathetic to AI alignment concerns and x risk arguments—which increasingly includes a faction on the left who want to shut down AI over safety concerns—argue that people who dismiss AI as all hype have their heads in the sand. Meanwhile, critics of the x-risk narrative—which I might note includes a cadre of investors and tech folks on the right, too—argue that it is hype and can be used to further inflate valuations or for pursuing regulatory capture. The challenge is that many feel that dismissing AI as just hype or purely marketing also diminishes the urgency of taking on the AI industry as the novel and threat to labor, civil society, and the public sphere it is; others that by accepting the industry’s own terms, we imbue it with undue power and enable it. But let’s be clear: Declarations that AI is so powerful it might end the world are a kind of marketing, and anyone who says otherwise is just as off base as those who say that’s all that it is. If you don’t think that these sub-trillion dollar companies have higher-ups who noticed that when their founders talked about super-powerful dangerous AI they got spikes in media interest and phone calls from investors, or that those founders didn’t notice that themselves, and lean into certain narratives to advantage their products, then I don’t know what to tell you. Not all marketing is a Pepsi ad campaign with a celebrity spokesperson. Yet confronting the AI industry should certainly be considered an urgent project. Do I share the x-riskers’ fear that out-of-control, super-intelligent AI agents might end the world? I do not. I’ve read a good deal of AI extinction literature over the last couple of years and I have not come across a credible, step-by-step documentation of how exactly AI might move from self-recursively improving AI to killing every single human on the planet. Most of what I’ve read seems predicated on a sort of reverse Ian Malcolmian logic: Eventually, it becomes smart enough and AI, uh, finds a way (to exterminate humanity). Are the AI companies also overstating and dramatizing what their products can do? Yes, pretty much all the time. They’re in a knife fight for market share and are trying to win customers and government contracts before their investors come knocking. And yet. They have concentrated enormous amounts of compute, have extensive data collection and surveillance capacities, have inserted themselves into the state in numerous capacities, including military kill chains, and they are being run by egomaniacal billionaires who are rushing to monopolize an entire new market. The way I think about their most recent frightening-seeming exploits is not as a “swarm of rogue AI agents building a new civilization” or whatever, but as corporations with a hitherto-unimaginable amount of compute at their disposal recklessly experimenting with automation programs, completely unafraid of any repercussions because we have been unwilling or unable to impose any on them. So I think we should welcome any newfound imperative to hold them accountable. I also think that ultimately, the AI critics, Pause AI folks, leftists, doomers, effective altruists, and, honestly, most of the public, want a lot of the same things: legitimate checks and limits on AI companies’ power, actual transparency into what the companies are doing, and for more of AI to be under public control. (Ultimately, a lot of what animates the x-risk fears are rooted in just that: a fear of losing control.) How we move towards all this, exactly, is the question of the day, and while there’s much to be argued over in terms of building a viable political platform to challenge the AI industry’s power, I do want to cast a vote against one particular approach. Not to pick on Chris here, as there are a lot of folks out there proposing stuff like this, and the policy ideas actually stem from AI safety groups. But not only would this be challenging to land politically (I can already hear the ‘China will beat us to AGI’ calls) and all but unworkable in practice, this approach is a) far too limiting, b) fails to address the current harms caused by AI and c) would likely only wind up serving Anthropic and OpenAI; it’s what regulatory capture looks like in action. Full model transparency is the floor for what should be on offer here. If these companies believe their products will kill us, the very least we deserve is to know how. It’s in the public interest. I would also argue we might get a lot of the way to stopping any currently envisioned robot apocalypse simply by forcing AI companies to assume liability, and to submit to the full brunt of the law. If Sam Altman were liable to be charged with a felony for approving the hack on Hugging Face1, if Google was forced to pay defamation fines each time it published a false and injurious AI Overviews, these companies might suddenly find cause to restrain their models’ output, and we might hear less about rogue AI. We would need to introduce new frameworks and available tools for tracking automated lawbreaking, to be sure, but I’d wager that little would frighten the AI companies more than actually being held accountable for what their products enable. To that end, Illinois has passed an AI liability law, which the industry fought tooth and nail, and Florida is considering one. The next steps would be towards moving AI under public control; again, it’s only reasonable, since everyone, not just AI insiders, should get a say over how a technology whose developers say might kill us is developed and deployed. Dismantling the whole industrial project as currently structured should be on the table, too, pending democratic input. But that’s for another post. For now, suffice to say that while I won’t be losing any sleep about an AI-enabled extinction event, Mr. Coxon and co. have given us an opportunity to underscore the urgency of the clear and present damage AI companies are doing, the extreme power they wield and the extent to which they hold themselves unaccountable, and the abundance of political capital there is out there for taking them on. Subscribe 1 Purely speculative! I do not know if he did or not.
Can CVS Health (CVS) Still Look Cheap After A 50% Run?
CVS Health has delivered a strong 49.8% gain over the past three years, yet its valuation checks still point to a stock that looks cheap on broad measures rather than fully priced in after the run. The 49.8% share price gain over three years suggests investors have already rewarded CVS Health for progress in the business, so the question is how much upside is left from here. Recent bullish analyst commentary that highlights recovery at Aetna and the potential return of share buybacks can...
‘Mother Monster’ Lady Gaga reportedly welcomes first child
Pop singer Lady Gaga and her fiancé, tech investor Michael Polansky, were recently photographed with a newborn child during an outing, according to Page Six.
'Mother Monster' Lady Gaga welcomes first child, report says
Pop singer Lady Gaga and her fiancé, tech investor Michael Polansky, were recently photographed with a newborn child during an outing in Northern California, according to Page Six.
Why Melco Resorts & Entertainment (MLCO) Is Getting Attention Today
Melco Resorts & Entertainment (NasdaqGS:MLCO) has drawn attention after recent trading left the share price at $5.05. Investors are weighing this casino operator’s global footprint against a series of weak recent return figures. Recent trading tells a mixed story for Melco Resorts & Entertainment. The 1-day share price return of 0.8% contrasts with a 30-day share price return down 8.5% and a 1-year total shareholder return down 47.4%. This points to fading momentum as investors reassess both...
Alliance Entertainment (AENT) Stock Jumps On Revenue Growth Despite Q4 Loss
The market cheered Alliance Entertainment Holding on Friday. The stock jumped 16.5% to US$6.42, extending an already strong three month run, as traders focused on the headline of double digit full year revenue growth to about US$1.15b. Under the surface the story is sharper. Investors are reacting to Q4 top line acceleration to US$268.1m and to management’s focus on higher margin physical formats and collectibles. At the same time, the quarter swung to a net loss of US$3.5m, a reminder that...
Life Sciences Companies Present Live at the September 17 Virtual Investor Forum
Live Presentations and Q&A Across Oncology, Fibrosis, Drug Delivery, Antibiotics, Cannabinoid Therapeutics, and Respiratory Imaging A Global Lineup Presents Live Online: 30-Minute Sessions, Audience Q&A, Replays On Demand NEW YORK, NY - Sept...
River North, Gold Coast apartment towers up for sale
Rising rents in Chicago have made more out-of-state investors willing to enter the market, increasing the pool of potential buyers.
Gold Miner's Luster Lures Funds; Stock Trades Around Buy Point
Gold stock Wheaton Precious Metals is trading around a double-bottom base entry of 154.17. The stock leads IBD's mining sector.
Alliance Entertainment FY2026 Revenue Rises 8% to $1.15 Billion
Alliance Entertainment Holding Corp (NASDAQ:AENT) shares rose 69. 1% in premarket trading after the company reported fiscal 2026 revenue growth and higher adjusted earnings per share.
Squarepoint Ops LLC Decreases Stake in Sphere Entertainment Co. $SPHR
Squarepoint Ops LLC cut its stake in Sphere Entertainment Co. (NYSE:SPHR - Free Report) by 70.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,480 shares of the company's stock after selling 93,868
Former crypto billionaire Sam Bankman-Fried appeals conviction to Supreme Court
Sam Bankman-Fried, the former crypto mogul who was convicted of defrauding investors by secretly diverting billions of dollars of their money, asked the Supreme Court on Thursday for a new trial and to throw out a court order requiring him to pay $11 billion as part of his sentence.
Serena Williams Says Tennis Comeback Is ‘Nothing Long-Term’
The tennis star and investor told Forbes the reason for her return was family-oriented.
Prolific Midtown investor Thomas Roth buys century-old J Street building for $850K
Thomas Roth, a prolific Midtown Sacramento investor, purchased the historic 2224 J St. building for $850,000 as a long-term income investment.
Women Business Collaborative Calls on Founders, Funders and Business Leaders to Register for the 2026 Women's Capital Summit
/PRNewswire/ -- Women Business Collaborative (WBC) today announced a call for entrepreneurs, investors, corporate leaders and changemakers to register for the...
Is Six Flags Entertainment (FUN) A Bargain On Its New Flex Pay Launch?
Six Flags Entertainment (FUN) just rolled out Flex Pay by Upgrade, a buy now pay later style option for online purchases from $49, including Season Passes and other qualifying products. For investors watching Six Flags Entertainment, the latest product moves are coming against a tougher backdrop, with the share price down 41.4% over the past 90 days and the 1 year total shareholder return declining 34.0%. This points to fading momentum and a market that is pricing in higher risk, even as...
MIPCOM 2026 expands creator economy programming, embraces vertical content and generative AI
The worlds of legacy entertainment and creator content are becoming ever more intertwined--and MIPCOM wants to be the nexus where they meet. Lucy Smith, "We don't see the creator economy and mainstream media as two separate worlds anymore. They are increasingly part of the same entertainment business," Smith says. "Creators are building audiences, businesses and valuable IP. Studios and platforms are looking for new talent and new ways to reach audiences. Brands are becoming content partners and investors."
The Daily Wire to syndicate Clay Travis' new site Sport & State
The deal comes as the Daily Wire looks to expand its business as it seeks investors for a possible IPO.
Major investor of Norwalk-based Xerox urges review of financial services business
Xerox shareholder STARTEEPO is urging Norwalk-based Xerox to review a sale of Xerox Financial Services, which it values at up to $1.5 billion.
Science Applications International (SAIC) On Raised 2027 Guidance And Whether The Valuation Is Priced In
Why Science Applications International just moved into focus Science Applications International (SAIC) has landed on investor radars after reporting second quarter and six month results with higher sales and earnings guidance raised for fiscal 2027, shifting expectations for the business. Against that backdrop, Science Applications International has been in a steady uptrend, with the share price returning 26.01% year to date and 11.66% over the past 90 days. The 1 year total shareholder...
CVS Health Corporation (CVS) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to CVS Health (CVS). This makes it worthwhile to examine what the stock has in store.
Maven Securities LTD Purchases New Position in Caesars Entertainment, Inc. $CZR
Maven Securities LTD acquired a new stake in Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 283,136 shares of the company's stoc
Maven Securities LTD Makes New $2.28 Million Investment in Live Nation Entertainment, Inc. $LYV
Maven Securities LTD acquired a new stake in Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,470 shares of the company's stock, valued at approximately $2,283,000. Other
NEA partner Aaron Jacobson weighs in on open versus closed
Big Tech may be grabbing attention for its powerful new models, but investors like NEA's Aaron Jacobson want companies to explore their options.
Wellington Management Group LLP Acquires Shares of 406,352 PENN Entertainment, Inc. $PENN
Wellington Management Group LLP bought a new position in shares of PENN Entertainment, Inc. (NASDAQ:PENN - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 406,352 shares of the company's stock
96,800 Shares in Caesars Entertainment, Inc. $CZR Acquired by Governors Lane LP
Governors Lane LP acquired a new position in Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 96,800 shares of the company's stock,
Sphere Entertainment (SPHR) Expands 4D Wizard Of Oz As Valuation Hinges On Growth Story
New 4D effects spotlight Sphere Entertainment’s product ambitions Sphere Entertainment (SPHR) just rolled out an expanded 4D package for The Wizard of Oz at Sphere, adding animatronic Winged Monkeys, themed scents, Glinda Glitter, pyrotechnic fireworks, and scented apples from September 25, 2026. For investors watching Sphere Entertainment, the latest 4D upgrade lands after a choppy few months, with the share price down about 11% over 30 days but still showing strong momentum through a 51%...
How the surging yen could hit your portfolio
The yen carry trade lets investors borrow cheaply in Japan and put the money into higher-yielding currencies and riskier assets around the world.
Carmignac Gestion Buys Shares of 100,508 Caesars Entertainment, Inc. $CZR
Carmignac Gestion bought a new position in shares of Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 100,508 shares of the company'
Cardinal Health (CAH) Declines More Than Market: Some Information for Investors
In the latest trading session, Cardinal Health (CAH) closed at $240.49, marking a -2.71% move from the previous day.
S&P 500 falls as AI worries hit software makers
The S&P 500 declined as AI competition fears hit software stocks and Middle East tensions lifted oil prices, with investors eyeing upcoming inflation data.
North Carolina MCO Alliance Health Taps Cortica to Rein in Autism Spending, Improve Outcomes
Ready to dive into what's shaping autism therapy-payer relations? Be a part of the Autism Investor Summit East this November 9–10. Get your tickets here.
Google Cloud Boss Makes Bold Claim About AI Chip Business
In a boost for Google stock, cloud computing chief Thomas Kurian says AI chip business is more than twice the size of its closest rival.
German Politics Are Rocked After Election. What the Markets Are Keeping an Eye On.
German markets will focus on whether the nationalist’s party win forces the chancellor to alter structural reforms that appeal to investors.
Robinhood Lands Crypto.com Deal, Underwriting Job For Oura. Goldman Hikes Target.
Robinhood takes minority stake in Crypto.com with prediction market deal, to underwrite Oura IPO, reports say. Goldman lifts price target.
Corning Stock Climbs On Multibillion-Dollar Verizon Network Deal
Corning stock rose after the provider of optical communications gear for telecom networks announced a multi-billion agreement with Verizon.
What Makes Guardant Health (GH) a Compelling Bet?
Artisan Partners, an investment management company, released its second-quarter 2026 investor letter for the “Artisan Mid Cap Fund”. The letter can be downloaded here. Global equities rebounded sharply in Q2 2026, recovering from March lows as resilient economic data, strong corporate earnings, and continued AI investment improved investor sentiment despite inflation concerns, delayed rate cuts, and […]
Explainer: Why Air India's funding call has come under political scrutiny in Singapore
Air India's request for about $1.5 billion in funds from its owners — Tata Sons and Singapore Airlines — has sparked a debate in Singapore over state investor Temasek's exposure to the Indian carrier.
Academy Sports + Outdoors Announces Participation in Upcoming Investor Conference
Academy Sports + Outdoors (the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, today announced its participation in the upcoming Goldman Sachs 33rd Annual Global Retailing Conference to be held Monday, September 14 to Tuesday, September 15, 2026. Chief Executive Officer, Steve Lawrence, and Chief Financial Officer, Carl Ford, will participate in a fireside chat that will be webcast live on September 15th, at 11:30 a.m. Eastern Time. The live webcast
Hims & Hers Health, Inc. (HIMS) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Hims & Hers Health (HIMS). This makes it worthwhile to examine what the stock has in store.
Tesla Sales In China Continue Negative Streak; Exports Reach Key Level
Tesla China is offering new cash incentives through Sept. 30.
Arm Extends AI Reach From Data Centers To Edge Devices
Chip designer Arm previewed new innovations in its AI compute portfolio spanning data centers to edge devices. Arm stock rose Tuesday.
Datameds, AI., and Tollo Health Partner with the NFL Alumni Association for Health Lives Here National Campaign Rollout
Stock Titan provides an ultra-fast stock market news feed and multiple tools for traders and investors.
Why VCs are questioning AI companies' big revenue claims
Investor skepticism is growing around the revenue claims powering the AI boom.
Nykredit A S Invests $1.96 Million in Tencent Music Entertainment Group Sponsored ADR $TME
Nykredit A S bought a new stake in Tencent Music Entertainment Group Sponsored ADR (NYSE:TME - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 235,170 shares of the company's stock, valued
Teladoc Health (TDOC) Could Be 58% Undervalued As A New CFO Takes Over
Why Teladoc Health Brought In A New CFO Teladoc Health (TDOC) has appointed Michael Grasher as Chief Financial Officer, effective 31 August 2026, giving investors a fresh focal point for assessing the company’s financial leadership and capital allocation plans. The Teladoc Health share price has eased in the past day and is down about 11% over the past month, while the 1 year total shareholder return has fallen roughly 19% and the 5 year total shareholder return has declined about 95%, so...
Is investing in mental health an overlooked opportunity?
EXPERT INSIGHT: If you’re an impact investor, what’s your first reaction to mental health? Do you immediately think of founders’ wellbeing, of highly scalable, AI-enabled therapy apps, or do you believe it’s a personal topic that isn’t investable at all?
Elizabeth Holmes documentary upends Telluride Film Festival
A month before Holmes, the founder of Theranos, reported to prison to begin her 11-year sentence for defrauding investors, she welcomed a camera crew.
Did WEBTOON Entertainment Inc. Insiders Breach their Fiduciary Duties to Shareholders?
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of WEBTOON Entertainment Inc. (NASDAQ:...
Should Value Investors Buy Option Care Health (OPCH) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Global Growth Fund is Re-Evaluating Flutter Entertainment’s (FLUT) Strategic Fit
Sands Capital, an investment management company, released its second-quarter 2026 investor letter for “Sands Capital Global Growth Fund”. The letter can be downloaded here. Global Growth seeks the best growth businesses worldwide, leveraging a research team that explores both developed and emerging markets for sustainable competitive advantages. In the quarter, global equities rebounded strongly, driven […]
Investors Heavily Search AMC Entertainment Holdings, Inc. (AMC): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to AMC Entertainment (AMC). This makes it worthwhile to examine what the stock has in store.
'Black Swan' investor predicts AI boom ends with crash of a lifetime
Universa Investments' Mark Spitznagel told BI that he expects one more "euphoric rally" followed by a "bigger crash than we've seen in our lifetime."
Paralel Advisors LLC Purchases New Stake in Option Care Health, Inc. $OPCH
Paralel Advisors LLC acquired a new position in Option Care Health, Inc. (NASDAQ:OPCH - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 85,835 shares of the company's stock, v
Wedmont Private Capital Sells 102,325 Shares of Hinge Health Inc. $HNGE
Wedmont Private Capital reduced its holdings in shares of Hinge Health Inc. (NYSE:HNGE - Free Report) by 76.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,978 shares of the
Public Employees Retirement System of Ohio Invests $1.74 Million in Caesars Entertainment, Inc. $CZR
Public Employees Retirement System of Ohio acquired a new stake in shares of Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 57,554 share
Universal Health Services (UHS) Stock Looks Cheap On Earnings While Returns Look Strong
Universal Health Services stock has retreated this year after a solid three year run, yet the broader valuation checks still lean cheap relative to that recent performance. The question for investors is whether the current share price around US$169.65 still reflects enough caution in relation to the company’s fundamentals. Over the past 3 years the stock has returned 30.7%, which suggests the market has already reassessed Universal Health Services more positively over that period. Future...
OSU president wants Columbus to be the ‘startup capital of the Midwest’
“I want investors all over the country to feel like they'll be missing out on opportunities if they're not keeping an eye on what's happening at Ohio State.”
Amid liability fight, California wildfire survivors urge state leaders to hold power companies accountable
As California leaders revisit the question of who should pay and how much when investor-owned utility companies cause catastrophic wildfires, wildfire victims are urging state officials to ensure the companies don't start fires in the first place.
Gianni Infantino: FIFA president confirms he will stand for re-election in March
FIFA president Gianni Infantino has been under pressure to resign after trying to sell stakes in FIFA tournaments to private investors; however, he has confirmed he will stand for re-election in March 2027 as planned; opponents have until November 18 to declare their intention to stand
CVS Health (CVS) Stock Looks Below Fair Value But Mixed After 65% Return
CVS Health stock has delivered a strong 64.8% return over the past three years, and the current valuation picture is not a clear bargain or a clear stretch. Recent gains sit alongside a mixed value score and fresh headlines around its health insurance and compliance record, which give investors a few moving parts to weigh. The 64.8% three year return highlights how much value the market has already credited to CVS Health, so fresh buyers now have to judge whether that past performance still...
Imagicaaworld Entertainment And 2 Indian Undervalued Stocks To Watch
Global food and commodity prices remain elevated, and that keeps investors focused on cash rich Indian businesses that can handle higher input costs. When markets worry about inflation staying sticky, dependable cash generation often matters more than headline earnings. This article looks at three Indian stocks where current market prices sit below an internally assessed cash flow value. You will see why cash focused value hunters are watching these opportunities now. The three stocks covered...
English soccer club unrest complicates Texas billionaire's growing sports empire
Everton could command more than $1 billion as Dan Friedkin weighs investors and advances his Texas NHL plans.
Should US Court Scrutiny of Prediction Markets Require Action From Flutter Entertainment (FLUT) Investors?
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INVESTOR DEADLINE ALERT: Hims & Hers Health, Inc. (HIMS) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
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ServiceNow Leads Five Stocks To Watch Near Buy Points
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15 discouraging hours with Onimusha: Way of the Sword, and 10 brilliant ones with He Who Watches
In the last few weeks, while playing some video games that I might review, I emailed two cries for help. I sent the first to a rep for Capcom, confessing that the company’s samurai game Onimusha Way of the Sword (out today for PC and console) was crushing me. “Feels like I’m playing ‘hard’ mode, not ‘normal,’” I wrote. “And I don’t want to have to knock it down to “story”. I’m exploring, trying to level my gear, but these two-phase boss fights with no mid-fight checkpoints are brutal.” I wagered I was only about halfway through the game, if that. I wasn’t sure I could keep up with the steepening difficulty curve. Was I missing something? Then, on Monday, I took some photos of some puzzles that were baffling me in the mind-bending He Who Watches (out now on PC), wrote out lengthy descriptions of how I’d been trying to solve them and asked Bobby Vanden, the game’s solo developer, for a nudge in the right direction. I told Vanden I’d spent hours on these puzzles. “I’m stuck in triplicate,” I told him. Could he tell me if the solutions I was attempting were even on the right track? I didn’t mention that the puzzles—coupled with major time pressures from other work—were stressing me out so much that playing the game was giving me headaches. This double dose of panic was unusual. I’m used to managing a workload full of reporting and reviewing, used to a crowded schedule and the need to stay calm amid the bustle. But I was stressed about these games. No one was forcing me to review them, nor even play them. I’d simply found them interesting enough to start, hoped they’d be interesting enough to write about and I’d sunk hours into them assuming I’d made the right call. Suddenly, however, I felt trapped. I was emailing for a way out. Above: This guy took me about an hour to beat. The feedback I got from Capcom confirmed my fears. They didn’t say it, but I will: Onimusha Way of the Sword is not for me. It’s a brutally hard game in need of a normal difficulty level. It’s a game that spikes so severely during its abundant boss fights—yet offers such flawed ways to improve when outside of them—that it feels like a bait-and-switch. In the new Onimusha, you play as famed samurai Musashi Miyamoto, aided by a magical soul-absorbing gauntlet that is possessed by a lady who offers advice. (Way of the Sword is a continuation of Capcom’s long-dormant Onimusha series, but that set-up had me wondering if the company was cribbing from their ill-fated Bionic Commando reboot; read about “wife-arm” when you get a chance). Way of the Sword is partially set in 17th century Kyoto, an explorable city where Miyamoto can fight demons, help civilians and eventually rescue ghostly dogs. The city evolves over time, with new mini adventures and obtainable loot on offer, all feeding into systems that promise to upgrade your gear and sword-fighting skills. Upgrades, however, are so incremental as to be imperceptible, causing the exploration of Kyoto to feel like inconsequential busywork. From that hub, players can go on linear missions into forests and old temples, where they will encounter many of the game’s tough bosses. Combat in Way of the Sword is akin to many modern melee games. Players are asked to mix attacks with dodges and parries. They’re encouraged to deplete an enemy’s stamina bar in order to do greater damage to its health bar. The old Onimusha games’ signature move was the issen, a counter-attack so sudden it’s all but pre-emptive. You strike just as they begin to strike toward you, beating them to the cut. By definition, the issen is a high risk move, leaving you wide open to pain. It feels risky in the game, especially against bosses, who can maul you in just a few blows. A game might train you to perform an issen well by offering a variety of lesser enemies who are not as tough as the boss but get close. Or it might offer a toehold against bosses by saving or checkpointing the player’s progress when a boss’ first health bar has been destroyed and before the second health bar appears. It might offer the less skilled player a chance to over-level their character, should the player simply commit to playing through its optional sidequests. Way of the Sword does none of this. Fighting its trivially easy grunt enemies and then its ferociously adept bosses is like playing a game of chess where I’ve got a rook, while the opposing side is all pawns and five queens. Bosses simply don’t checkpoint. You may be able to clear a boss’ first phase without taking much damage. Good for you. Do it again, every time you fail the second phase. As for the the central Kyoto hub, I kept pace with all of its added side activities and never felt like I was overpowered. Bosses could still easily buckle me. The new Onimusha, I concluded, is just too discouraging to keep playing. The advice I got from Capcom had been well-intentioned. They reminded me of the game’s various systems. They alerted me to an optional assist that flashes recommended button inputs (basically: counter this move; dodge that move). It was a little helpful. So was dropping down to “story mode,” which I tried last night. Story mode turns on those button prompts by default. It makes countering and dodging way too easy, nearly automatic. I don’t consider myself a master of action games like these, but I’ve cleared the likes of God of War, Stellar Blade, Star Wars Jedi and others of sub-Sekiro difficulty and had a fun time doing so. Not here. Not yet. Unless they patch Onimusha: Way of the Sword and add a middle difficulty or just checkpoint the damn bosses when they’re between health bars, my streak of loving Capcom games released in 2026 will likely end at two. It’s a shame, because I was having a good time finding those ghostly dogs. And then there’s He Who Watches, a phenomenal first person puzzle game with Portal vibes, except instead of a portal gun you’ve got a magical bow that shoots one arrow that can activate switches or be used to drag blocks. The twist is an actual twist: you can also walk on walls and the ceiling, reorienting gravity as you do, thereby placing blocks onto those other surfaces. Walking on walls and ceilings to solve problems is really the best thing. Would that I could in reality. He Who Watches consists of locked-room challenges, each brief enough to only require about a minute to actually solving, though it will take five, 10, eventually 30 minutes to figure out said solutions. They are not obvious! It’s a game of layered mechanics and shocking solutions. For example, see if you can follow this: You can drag a block to a wall. Then you can walk on the wall, which now feels like the floor, and drag that block across the wall. Later, back on the floor, you might realize you can look up. The block is still on the wall, stuck to it. You can shoot your magic arrow to its underside. Doing so creates a tether, so that you can yank the block off the wall and carry it, as if it were a balloon, into the spot where you need it to be to solve the puzzle. Here, watch Vanden explain some of the game’s basics in this launch trailer: As with any great puzzle game, the solutions to He Who Watches’ puzzles elicit relief and amazement. Oh my god, that worked! I didn’t even think that could be possible! Learning to solve the game’s puzzles feels like learning magic. But, oh, does the game get hard. Its Steam reviews, mostly glowing, are full of players remarking how quickly He Who Watches made them sweat. Wrote one: “loving this one already although my brain is hurting!” Wrote another: “As you get further in the game it feels like you need an IQ level of at least 120+.” Vanden has shown some mercy. Each locked room puzzle includes an optional junior version of the puzzle, meant to teach you. Difficulty nevertheless ramps severely. By the time I was emailing Vanden for help, I was struggling to even clear one of the hint puzzles. When I messaged him, my stress was exacerbated by strange things I’d found in the game’s various hubs: suspicious passageways, odd blocks and some intriguing locked doors. These were hints of secrets, I realized, yet I sensed I needed to play further into the game to understand them. I was stuck, but I wanted to see the rest. Vanden offered to give me the exact solutions, to solve those three puzzles for me, but first he gave four nudges. Three were for the specific puzzles, but his best hint was for all and ultimately proved to be a terrific life lesson: go back a bit, he suggested. Do the puzzles right before those. They were teaching you something. Focus on what their lesson was. Don’t rush, in other words. Recognize what you’ve accomplished. Build off of that. I did so. I absorbed the lessons. I saw those three tough puzzles in a new light. I solved one the night after he wrote back, another the morning after. I left a third for another time. I didn’t need it and I wanted to plunge deeper into the game, closer to the moment when I was sure I could start unlocking those secret doors. My head stopped hurting, too. He Who Watches feels special. It’s got more challenges, and I’m undeterred. It’s also nice that its puzzles don’t have a surprise second health bar. Game File is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe Item 2: In brief… 🎮 Ilari Kuittinen, co-founder of Helsinki-based Housemarque (Super Stardust HD, Resogun, Returnal) has stepped down from his studio, after a 31-year run, saying he’s “ taking a rare and well-deserved breather.” Sony purchased Housemarque in 2021, and the studio released its newest game, Saros, earlier this year. Trend-watch: Sony-owned Insomniac saw its founder Ted Price retire in early 2025, after a 30-year run. Sony-owned Sucker Punch saw its co-founder Brian Fleming step down in late 2025, after a 28-year run. 👀 Savvy Games Group chief Brian Ward is stepping down from the Saudi-government-backed games conglomerate, Bloomberg reports. No word on a long-term successor yet, nor if this augurs any closer integration between Savvy and Electronic Arts. EA was purchased by a consortium led by Saudi’s sovereign wealth fund, in early August. 💿 Square Enix has denied a Japanese media report that the company was planning to go private. In very different Square Enix news, the company revealed that the physical version of Final Fantasy VII: Revelation, the April 2027 finale of its radical remakes of FFVII, will include just one disc in its case, requiring a download for the rest. The first two FFVII remakes in the trilogy shipped on two discs apiece. While Square hasn’t commented on the reason why, a feature here in Game File last month broke down the processes and costs for physical games. The expense of a second disc comes out of the game publisher’s cut of each copy. Square could be saving in excess of a dollar a copy with this move. 🟥 Grand Theft Auto IV’s 26-minute ’‘extended look” gameplay showcase that premiered on Netflix last week—and was exclusive to the platform for six hours—drew 31.1 million views in its first four days, the streamer announced. (Netflix calculates views as total viewed hours divided by runtime; excludes replays). Compared to YouTube: The version that later premiered on Rockstar Games’ YouTube channel is sitting at 22.6 million views after seven days (YouTube’s more liberal counting system tallies anyone who viewed even just the first few second.) Compared to other Netflix mega-events: Last year, Stranger Things season 5’s first four episodes, which debuted together, drew a record 59.6 million views in their first few days on Netflix. For more of a live event type of comparison, in 2024, the Jake Paul vs. Mike Tyson boxing match drew 65 million concurrent streams as it happened; Netflix didn’t release live numbers for the GTA premiere. ☁️ Microsoft is changing the way it charges for cloud gaming, from an all-you-can-play offer for Xbox Game Pass subscribers, to caps for the subscription’s tiers (15 hours per month at the Ultimate tier), with the option to buy more hours in bulk beyond that. The company also said it will sell batches of cloud gaming time to non-Game Pass subscribers, details TBA. Microsoft does not release figures for cloud game usage, but said its changes would impact 4% of Game Pass subscribers. That implies a small portion of its subscribers exceed the 15-hour monthly mark. Cloud gaming offers the promise of playing games without the need for console or PC hardware, as the graphics, sound and controls are all transmitted via a streaming connection. Microsoft notes that its cloud gaming service can be used for a range of things, including Xbox One players using it to play newer-gen Xbox Series games via streaming; and people playing games via streaming, sans any console, “in markets where consoles are less available or affordable.” (That latter use case could even be relevant in Xbox’s home market soon, as console prices keep rising.) Take Two Interactive chairman Strauss Zelnick recently told investors he expects game-streaming tech, which has been only lightly adopted by gamers for over a decade, to be widely used within three years. 🇺🇸 The Trump administration has published multiple agenda-driven web video games to the White House’s website. One called Build The Wall partially clones Tetris as it asks players to build a wall to stop a “zombie border siege.” While actual Tetris involves clearing lines and basically not building a wall, the Trump-backed game omits the line-clearing aspect (and omits the fun as well). On Instagram, Tetris’ official license holders reacted by stating: “At Tetris we believe in the power of connection and bringing people together, not dividing them. To our fans everywhere: we love you, we see you, and we’re grateful to have you in our community. P.S. The Tetris Company was not involved in the creation of ‘Build the Wall.’ P.P.S.: We take copyright infringement very seriously.” Item 3: The week ahead: Tuesday, September 8 Game releases: Mewgenics (consoles; already out on PC) is an engrossing tactical combat game (with cats). It is getting its console port right after the release of a Star Wars tactics game and ahead of the late September launch of a Fire Emblem–a bumper crop for the genre. Wanderburg (PC) is an auto-shooting game like Vampire Survivors, but you’re a castle on wheels Event: Nintendo airs a 30-minute Nintendo Direct (10am ET) focused on The Legend of Zelda’s 40th Anniversary. A full unveiling of the upcoming remake of The Legend of Zelda Ocarina of Time is expected. Will they also show footage from next year’s live action movie? Tease the next big 3D Zelda? Add Link to Mario Kart World? Shadow-drop a new Tingle game? Wednesday, September 9 Event: Nintendo again! On this day, they’re planning to air a 45-minute Nintendo Direct (10am ET) focused on games heading to Switch 2 this winter. Followed by about an hour of gameplay demoed by the company’s Treehouse team. The September Nintendo Directs are always some of the year’s biggest. The 2025 edition included announcements of several major 2026 Switch/Switch 2 games: Pokémon Pokopia, Mario Tennis Fever, Yoshi and the Mysterious Book, Fire Emblem Fortune’s Weave. Plus the return of the Virtual Boy. Friday, September 11 Game release: EA Sports NHL 27 (PlayStation, Xbox) is a hockey game. There are so few that an indie studio that had been making wacky sci-fi first-person shooters just announced that, hey, we’re going to fill a void and make a hockey game for PC.
Mark Stevens Is Seahawks’ Top Minority Investor
Other investors joined the Seahawks’ new ownership from the Mittal-Grousbeck group.
Investors flip Mount Joy medical office building for $6M
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Global Business Travel Group (GBTG) to Be Acquired for $9.50: What Investors Should Know
Gabelli Investment Management Firm recently released its “ABC Fund” second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund benefited from a favorable merger-arbitrage environment in the second quarter of 2026, as global announced M&A value reached a record $2.85 trillion in the first half of the year, up 50% […]
Oscar Health, Inc. (OSCR) Just Overtook the 20-Day Moving Average
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Smart ring maker Oura files to go public, pitching investors on AI-driven preventive health
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AMC Entertainment Shares Rise 9.1% Following Leawood Films Distribution Launch
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Has Flutter Entertainment (NYSE:FLUT) Fallen Far Enough To Look Cheap?
Flutter Entertainment’s share price has undergone a sharp reset over the past year, yet broader valuation checks still suggest the stock screens as inexpensive. This puts recent price weakness in contrast with a more constructive read from its fundamentals-based metrics. The share price has fallen 65% over the past year, indicating a major reset in investor expectations for Flutter Entertainment. Regulatory clarity around U.S. sports prediction markets, including the New Jersey petition...
67,264 Shares in PENN Entertainment, Inc. $PENN Acquired by The Manufacturers Life Insurance Company
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Cuba opens business ownership to emigrants: ‘Who is going to buy what you are going to sell? How will you finance it?’
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Jupiter Topco LLC Takes $1.89 Million Position in Live Nation Entertainment, Inc. $LYV
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Palantir Expands PwC Strategic Alliance to Scale Enterprise AI Across Core Business Operations
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Billionaire investor Leon Black sues and declines to testify in House committee’s Epstein investigation
Billionaire investor Leon Black is suing the House committee investigating Jeffrey Epstein to try and block the panel from obtaining his non-disclosure agreements and testimony.
Domestic Bond Investors Can be a Powerful Constraint on Far-Right Populists
The rise of the far right has been a defining feature of political systems in developed democracies over the past two decades. In recent research, Alison Johnston and Juliet Johnson demonstrate that domestic bond investors have become an important constraint on populist governments and their access to capital.
South Korean police seek indictment of K-pop mogul behind BTS
South Korean police are pushing for an indictment of music tycoon Bang Si-Hyuk, chairperson of the agency behind K-pop supergroup BTS, over alleged investor fraud.
Jupiter Topco LLC Takes Position in Caesars Entertainment, Inc. $CZR
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South African rand muted ahead of business activity PMI
The South African rand was little changed in early trade on Thursday as a weaker dollar offered support, while locally focused investors awaited the latest private-sector purchasing managers' index (PMI) data.
Sony and Microsoft say they’re not obligated to pass U.S. tariff refunds to consumers, echoing Nintendo
Back in July, Sony executives told investors that the company expected to receive $508 million in refunds from the U.S. government, after tariffs that the PlayStation-maker paid were ruled mostly in 2025 were found to be illegal. “Most” of the refund would by recouped by Sony’s gaming division, its chief financial officer said. This week, Sony’s lawyers are arguing that the company is not legally obligated to pass those proceeds on to consumers who paid for recently price-hiked PlayStation consoles. That’s in the face of a lawsuit from gamers calling on them to do exactly that. “Paying fair market price for voluntarily purchased consumer goods is not a legally cognizable injury in fact,” the lawyers wrote in a legal motion filed on Monday, as they asked a judge in California’s Northern District to dismiss a potential class action lawsuit over the tariff refunds. Microsoft made a similar argument two weeks ahead of Sony’s lawyers, in a similar lawsuit brought by a gamer in federal court in Washington State. As Microsoft’s legal team put it on August 21, in their request for a dismissal of that lawsuit: “There is nothing unjust about Plaintiff purchasing an Xbox at an advertised price and getting exactly what he paid for—regardless of whatever theory he devised months later about Microsoft’s cost structure.” Both legal fights are set to go on for some time. How things got to this point U.S. tariffs impacting a wide range of imported goods, including game consoles, had kicked off in early 2025. In May 2025, Microsoft raised the price of its Xbox consoles, citing “market conditions and the rising cost of development.” They raised them again that September. In August of that year, Sony raised the price of PlayStation 5 consoles, citing “a challenging economic environment.” Sony later told investors that its tariff fees for the fall quarter were nearly $200 million. in February of this year, the U.S. Supreme Court ruled the 2025 tariffs illegal, prompting impacted companies to begin to request refunds. In turn, consumers began suing the likes of Sony and Microsoft to get what they said was their share. The gamers in the Microsoft and Sony lawsuits argue that the 2025 price hikes of PlayStation and Xbox consoles, which added $50 or more to their sticker price, were due to illegal tariffs and should now be returned to consumers. The Sony suit started in May, when a group of gamers sued in federal court in California, saying Sony Interactive Entertainment (PlayStation) would be unjustly enriching itself if it did not pass tariff refunds to its PS5 buyers. “Sony is poised to be paid twice for the same unlawful tariff burden: once by its customers (through elevated prices) and once by the U.S. government (through tariff refunds),” the gamers’ lawyers wrote at the time. They called for Sony to partially reimburse anyone who bought a PlayStation in the U.S. since August 1, 2025. The Microsoft suit, filed by gamer Trevor Hastings against the Xbox giant in July, made similar claims. The console makers push back In late July, Nintendo’s lawyers, facing a similar suit accusing them of double-dipping on tariffs and refunds, replied with arguments that previewed Microsoft’s and Sony’s: “Nintendo or one of its retailers set a price for each product, and consumers decided whether that price was worth paying,” they wrote. Sony has buttressed that Nintendo-style argument this week by saying that the gamers have failed to prove that tariffs were the reason for its August 2025 PS5 price hike. They call thatclaim “speculative and illogical.” Other factors, including “inflation, currency fluctuations, component costs, logistics, competitive dynamics, or demand,” could have played a role. (No, the Sony lawyers do not break down the costs and factors that officially triggered the price increases). Microsoft has also argued that there’s no proof in these lawsuits that tariffs drove all or some of the price increase, as it seeks to dismiss the tariff refund suit it’s facing: “Plaintiff provides no specific allegations that would establish any pricing differential attributable to tariffs or suggest any possibility that Microsoft applied then or could recreate now any dollar-for-dollar calculation of tariff-related pricing—any more than it could any other market factor that affects pricing.” To further skewer the gamer side’s argument in its case, Sony’s lawyers have pointed to what might be a surprising defense: yet another PlayStation 5 price hike from this past spring, after the tariffs were ruled illegal. “If the original price increase were attributable to tariffs, SIE [Sony Interactive Entertainment, aka PlayStation] would have had no reason to raise prices again after the Supreme Court invalidated the IEEPA tariffs.” … “If tariffs were the cause of the price increases, one would expect SIE to lower prices once the tariffs were eliminated—not raise them again. Instead, the timeline confirms that the pricing of PlayStation consoles includes a diverse and dynamic set of input costs.” Judges have not yet ruled on the arguments made by Sony, Microsoft or Nintendo. Last week, Panic, the company behind the small, yellow Playdate handheld said it would be passing its tariff refunds on to consumers. It is the only gaming hardware maker to have made such a pledge. Game File is a reader-supported publication. To receive new posts and support my reporting, please consider becoming a free or paid subscriber. Subscribe Item 2: A reporter’s second Second Life Wagner James Au, who from 2003-2006 was paid by San Francisco-based tech company Linden Lab to be a full-time journalist embedded in their virtual world Second Life, is returning to the company. This time, he’ll be an editorial advisor and business development specialist, he tells Game File. The new role will involve trying to share the stories of people inhabiting Second Life’s ongoing online world with reporters and by extension the public. Au plans to continue to also chronicle some of that through his long-running blog New World Notes. I’ve known Au since the mid-2000s and featured him in a 2007 article for the Columbia Journalism Review about reporters like him opening up virtual news outlets within Second Life. As I wrote at the time: On April 22, 2003, writing as Hamlet Linden for the New World Notes blog on Second Life’s Web site, Au introduced himself. “For the next few months, Linden Lab has invited me to set aside my journalist cap, and instead, don the digital beanie of their in-house virtual correspondent.” He wasn’t paid to keep it positive. He wrote about builders and eccentrics, but then in August of that year, he reported on a tax revolt against Linden Lab (a complaint about the fees it charges users who build stuff) led by a resident whose avatar was a big cat. Second Life has always been less of a video game and more of a virtual world where people can live, hang out, make art, sell virtual items and flirt. Back in 2007, Au described touring it as “sort of like underwater lucid dreaming.” For the past two decades, Au has maintained New World Notes as an independent publication. But he said he’s been drawn back to Second Life and Linden Lab as a place to directly work. The virtual world has around 650,000 monthly active users, he said, “which is actually about what it was during the hype wave.” Au says he’s still finding rich stories in Second Life, the kind that keep him interested 20 years into the beat: “Over the last few months for instance, I wrote about an SL creator in Venezuela whose apartment was destroyed by the earthquakes, so the global SL community rallied to get him back on his feet,” he told me. “Then there’s the woman from a Middle Eastern country who explored her lesbian sexuality in SL, then earned enough from her virtual jewelry to escape her abusive family situation and country.” Au wants to beckon more reporters to give Second Life another look. He argues that it is often ahead of internet trends, noting, for example, an early backlash in the community against AI-made art. Now the platform is drawing curiosity from more of the user-generated content community who’ve grown up with the likes of Roblox, according to Au. “Second Life was too early during its hype wave in 2005-2010, but it now feels right for a new wave of interest,” he told me.
Entertainment Unleashed: Sphere Entertainment’s (SPHR) Innovative Approaches
Sands Capital, an investment management company, released its “Sands Capital Select Growth Fund” Q2 2026 investor letter. The letter can be downloaded here. Select Growth Fund targets U.S. businesses driving significant structural change through disruptive innovation. The fund returned 23.2% in the quarter, outperforming the Russell 1000 Growth Index’s 16.7%. U.S. large-cap growth equities rebounded […]