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Insurance firms boost stakes in 10 mid-cap stocks in Q4FY26

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The Economic Times

Insurance companies increased their stakes in 10 mid-cap stocks in Q4FY26, signalling rising confidence and a strategic shift toward higher equity exposure.

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Petrol thefts surge as Iran war pushes up fuel costs

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Petrol thefts surge as Iran war pushes up fuel costs

One petrol retailer says he is experiencing about five drive-offs a week at each forecourt, costing him thousands.

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Kohl's: As Long As The Demand Is Weak I Would Give It A Pass

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Kohl's: As Long As The Demand Is Weak I Would Give It A Pass

Kohl's: As Long As The Demand Is Weak I Would Give It A Pass

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2027 Launch Still Possible Despite RAM Shortage and Delay Fears

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Facebook's new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp, Oculus in this illustration picture taken October 28, 2021.

LOS ANGELES — As the PlayStation 5 continues its strong sales run and the PS5 Pro pushes high-end performance, speculation about Sony’s next-generation console, the PlayStation 6, is intensifying in April 2026, with insiders divided over whether the PS6 will arrive in late 2027 or slip to 2028 or even 2029 due to a global memory chip shortage driven by artificial intelligence demand.

Sony has not officially confirmed development of the PlayStation 6, but leaks and analyst reports suggest the company is deep into planning for a console that could feature dramatic leaps in power, AI-driven graphics and possibly a trio of models including a dedicated handheld. PlayStation lead architect Mark Cerny hinted at the timeline in an October 2025 video with AMD, describing advanced machine-learning technologies as “still very early days” but expressing excitement about bringing them to “a future console in a few years’ time.”

That comment has fueled debate. While some leakers maintain a holiday 2027 target, recent reports from Bloomberg and analysts like David Gibson of MST International point to potential delays. The ongoing DRAM shortage, exacerbated by AI data centers competing for memory chips, has raised production costs and forced Sony to consider extending the PS5 lifecycle longer than previous generations.

Prediction markets reflect the uncertainty. On Kalshi, as of early April 2026, only about 25% of bettors believed the PS6 would be announced before 2027, with the majority expecting a later reveal. Despite the skepticism, several well-known insiders continue to push for a 2027 window. YouTuber Moore’s Law Is Dead has reiterated that internal documents show manufacturing readiness in Q2 2027, aligning with a late 2027 or early 2028 launch. AMD insider KeplerL2 has echoed similar timelines on forums, claiming the chipset is nearly complete.

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The rumored hardware specifications paint an ambitious picture. The PS6 is expected to use a custom AMD chip based on Zen 6 CPU architecture paired with an RDNA 5 GPU. Performance estimates range from 34 to 40 teraflops or more — roughly triple the rendering power of the base PS5. Leaks suggest up to 30GB or even 32GB of GDDR7 memory with significantly higher bandwidth, potentially enabling native 4K at 120 frames per second or advanced ray tracing and path tracing without heavy reliance on upscaling.

AI is set to play a central role. Successors to the PlayStation Spectral Super Resolution (PSSR) technology could include hardware-level neural arrays for frame generation, upscaling and even in-game assistance. Cerny has emphasized that the biggest generational jump may come from ray tracing and AI enhancements rather than raw horsepower alone. Full backward compatibility with both PS4 and PS5 games is widely expected, a feature that would help ease the transition for the massive existing user base.

Pricing remains a hot topic amid inflation and component costs. Some leaks suggest a base model could launch around $499 to $599, similar to the PS5, while a more powerful variant or “Pro” edition might approach $749 or higher. A budget “Lite” or digital-only version could start as low as $350 to $400. One recent report from Moore’s Law Is Dead claimed the standard PS6 might land at a relatively reasonable $749, though rising memory prices could push that figure upward if delays occur.

Adding to the excitement — and complexity — are rumors that Sony plans to launch not one but three PlayStation 6 devices. Alongside the main console, insiders point to a slimmer or Lite variant and a dedicated native handheld, codenamed “Project Canis.” This handheld would reportedly offer full backward compatibility with PS4 and PS5 titles, running them natively rather than through streaming, and could compete directly with Nintendo’s Switch and other portable devices. Leaks suggest it would launch alongside the primary PS6 models, potentially in 2027 or 2028.

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The multi-model approach would mirror strategies seen with the PS5 lineup but expand into the handheld space, where Sony has not competed directly since the ill-fated PlayStation Vita. A powerful portable PlayStation could unify the ecosystem, allowing players to continue console games on the go with minimal compromises.

Development appears well underway despite the silence from Sony. Reports indicate dev kits could surface later in 2026, giving third-party studios time to prepare next-generation titles. The focus on AI and efficiency is expected to help mitigate some power and thermal challenges, with Sony aiming for a more compact design than the current PS5.

The RAM shortage remains the biggest wildcard. AI-driven demand has tightened supply chains, increasing costs for GDDR7 and other high-bandwidth memory. Sony benefited from earlier inventory for the PS5, but scaling production for a new console could prove costly. Some analysts argue that delaying to 2028 or 2029 would allow component prices to stabilize and give the PS5 more runway, especially with the Pro model still relatively new.

Sony’s strategy with the PS5 has already broken from the traditional seven-year cycle by releasing a mid-generation upgrade. Extending that approach could maximize profits from the current generation while the company refines PS6 technology. However, prolonged waits risk losing momentum to competitors, including Microsoft’s next Xbox, rumored under the codename Project Helix with its own 2027 or 2028 ambitions.

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Gamers are already voicing opinions online. Forums and social media show divided camps: some urge Sony to stick to 2027 to maintain momentum, while others prefer waiting for mature hardware that justifies a premium price. The prospect of a handheld has generated particular enthusiasm, with many hoping it could revive portable PlayStation gaming in a meaningful way.

Backward compatibility would be a major selling point. Full support for PS4 and PS5 libraries would ensure millions of existing games remain playable, reducing the “library reset” feeling that has accompanied past generational shifts. Enhanced features, such as AI upscaling for older titles, could make legacy games look and perform better on the new hardware.

As with any unannounced product, all details remain speculative. Sony typically reveals next-generation consoles with a polished event, showcasing hardware and key first-party titles. No official announcement window has been shared, and the company continues to focus on PS5 software support, including major exclusives still in development.

The PlayStation 6 rumors underscore the challenges facing the console industry in an era of skyrocketing component costs and rapid technological change. AI is no longer just a buzzword for graphics — it is becoming central to rendering, gameplay systems and even development tools. Sony’s emphasis on machine learning, as hinted by Cerny, suggests the PS6 could deliver experiences that feel truly next-generation rather than incremental.

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Whether the console lands in 2027, 2028 or later, expectations are high. Fans hope for significant jumps in visual fidelity, faster load times, more immersive audio and innovative features that leverage the rumored hardware. The inclusion of a handheld could expand the audience dramatically, bringing console-quality gaming to new scenarios.

For now, the PlayStation community must wait for concrete news. In the meantime, the PS5 and PS5 Pro continue to receive strong support, with a robust lineup of games keeping players engaged. Sony has a history of delivering polished hardware when it finally unveils a new console, and the PlayStation 6 appears poised to continue that tradition — whenever it ultimately arrives.

Industry watchers will monitor supply chain updates, AMD partnership developments and any subtle comments from executives for further clues. Until then, the PS6 remains one of gaming’s most anticipated mysteries, with rumors suggesting it could redefine what a home console can do in an increasingly AI-powered world.

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Zions Bancorporation: Solid Q1 Results (NASDAQ:ZION)

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Zions Bancorporation: Solid Q1 Results (NASDAQ:ZION)

This article was written by

The Pioneer Of Seeking Alpha’s BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within their investing group BAD BEAT Investing, focused on short- & medium-term investments, income generation, special-situations, & momentum trades. Rather than just give you trades, they focus on teaching investors to become proficient traders through their playbook. Their goal is to save you time by providing in depth, high-quality research, with crystal clear entry and exit targets. They have a proven track record of success.Benefits of BAD BEAT Investing include: Learning how to understand the pinball nature of markets, executing well-researched written trade ideas each week, use of 4 chat rooms, receive daily complimentary key analyst upgrade/downgrade summaries, learning basic options trading, & extensive trading tools. If you would like to learn more, click the link above!

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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KalVista CCO Nicole Sweeny sells $37,642 in company stock

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KalVista CCO Nicole Sweeny sells $37,642 in company stock

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Warren, Lee raise antitrust concerns over possible United-American merger

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United merger talk shifts focus to American CEO's future: Experts

A bipartisan pair of senators sent a letter to the CEOs of United Airlines and American Airlines expressing concerns about the possibility of a proposed merger between the two air carriers and requested more information about the impact of a possible deal.

The letter was sent by Sens. Elizabeth Warren, D-Mass., and Mike Lee, R-Utah, who wrote that a merger between United and American would “combine two of the ‘Big Four’ U.S. airlines into an ‘industry behemoth,’ controlling nearly half of the U.S. market share of the airline industry and creating the largest airline on the planet by revenue.”

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“Any proposed merger between United Airlines and American Airlines raises serious questions under antitrust law and raises the likelihood of harm for American consumers,” Warren and Lee wrote.

The letter comes after a report that United CEO Scott Kirby proposed a merger with American and asked for the blessing of President Donald Trump on the proposed deal at a late February meeting, according to Reuters. The outlet reported that a source close to the White House was skeptical about the deal’s competitive impact and how it would affect consumers.

UNITED AIRLINES MERGER TALK PUTS SPOTLIGHT ON AMERICAN CEO’S FUTURE, EXPERTS SAY

United Airlines and American Airlines planes on DC tarmac

United Airlines and American Airlines are facing questions from a bipartisan pair of senators amid reports the companies are weighing a merger. (Samuel Corum/Bloomberg via Getty Images)

If a potential merger between the two airlines were to move forward, it would likely invite regulatory scrutiny from federal agencies as well as antitrust panels in Congress, such as the Senate subcommittee chaired by Lee.

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In their letter, Warren and Lee expressed a number of concerns surrounding the potential for the combined company to raise prices on consumers, hurt smaller airlines’ ability to compete for gate access, and cut routes – particularly those out of Dallas Fort Worth International Airport and Chicago O’Hare International Airport.

UNITED AIRLINES CHECKED BAG FEES CLIMBS $10-50 AS FUEL PRICES NEARLY DOUBLE SINCE IRAN WAR

Ticker Security Last Change Change %
AAL AMERICAN AIRLINES GROUP INC. 12.24 -0.54 -4.23%
UAL UNITED AIRLINES HOLDINGS INC. 98.91 -2.89 -2.84%

They also raised concerns about job losses at a combined airline and creating monopsony power that results in the company “potentially suppressing wages and benefits industry-wide.”

Warren and Lee asked the CEOs of United and American to provide answers as to whether the companies have discussed a deal directly or with other outside parties. They also asked the airlines to justify how such a merger would be in the public interest, along with specific queries about air fares and fees, job losses and the elimination of routes under a merger.

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AMERICAN AIRLINES JOINS WAVE OF CARRIERS HIKING CHECKED BAG FEES AS JET FUEL PRICES SKYROCKET

American Airlines

American said that it’s not interested in a merger with United. (Daniel Slim/AFP via Getty Images)

American Airlines said in a statement on Friday that it is “not engaged with or interested in” merger discussions with United.

“While changes in the broader airline marketplace may be necessary, a combination with United would be negative for competition and for consumers, and therefore inconsistent with our understanding of the Administration’s philosophy toward the industry and principles of antitrust law,” the carrier said. “Our focus will remain on executing on our strategic objectives and positioning American to win for the long term.”

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United Airlines declined to comment on Friday.

FOX Business’ Robert McGreevy and Reuters contributed to this report.

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The 20-somethings juggling three jobs to make ends meet

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The 20-somethings juggling three jobs to make ends meet

While UK unemployment is at a five-year-high, increasing numbers of those in work have more than one job.

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The 'dumb machine' promising a clean energy breakthrough

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The 'dumb machine' promising a clean energy breakthrough

A stellarator is difficult to build, but could it be the best way to make fusion energy work?

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ServisFirst Bancshares, Inc. (SFBS) Q1 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

ServisFirst Bancshares, Inc. (SFBS) Q1 2026 Earnings Call April 20, 2026 5:15 PM EDT

Company Participants

Davis Mange – Vice President Investor Relations Accounting Manager
Thomas Broughton – Chairman, President & CEO
Jim Harper – Senior VP & Chief Credit Officer
David Sparacio – Executive VP & CFO

Conference Call Participants

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Stephen Scouten – Piper Sandler & Co., Research Division
Stephen Moss – Raymond James & Associates, Inc., Research Division
David Bishop – Hovde Group, LLC, Research Division

Presentation

Operator

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Greetings, and welcome to the ServisFirst Bancshares First Quarter Earnings Conference Call. [Operator Instructions]. It’s now my pleasure to turn the call over to Davis Mange, Director of Investor Relations. Davis, please go ahead.

Davis Mange
Vice President Investor Relations Accounting Manager

Good afternoon, and welcome to our first quarter earnings call. We’ll have Tom Broughton, our CEO; Jim Harper, our Chief Credit Officer; and David Sparacio, our CFO, covering some highlights from the quarter and then take your questions. I’ll now cover our forward-looking statements disclosure.

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Some of the discussion in today’s earnings call may include forward-looking statements. Actual results may differ from any projections shared today due to factors described in our most recent 10-K and 10-Q filings. Forward-looking statements speak only as of the date they are made, and ServisFirst assumes no duty to update them. With that, I’ll turn the call over to Tom.

Thomas Broughton
Chairman, President & CEO

Davis, thank you. Good afternoon, and thank you for joining our first quarter conference call. We’re really pleased with our start to the year, and I’m going to highlight a few things before I turn it over to Jim Harper to give credit update.

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On the loan side, we had pretty solid loan growth for the quarter. Loan growth is usually not very robust in the first quarter, but we did see

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Aston Martin Sues Geely Over Logo Dispute Despite 17% Shareholding

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Aston Martin Sues Geely Over Logo Dispute Despite 17% Shareholding

The Gaydon-based luxury marque is pressing ahead with trademark action against the Chinese conglomerate that owns a sizeable slice of its share register, in a dispute that underscores the delicate politics of cross-border automotive investment.

Aston Martin Lagonda has launched legal proceedings against Zhejiang Geely Holding Group, the Hangzhou-headquartered motor group that holds a 17 per cent stake in the British carmaker, over a winged emblem the luxury marque claims is too close for comfort to its own storied badge.

The case, which pits Britain’s most famous sports car manufacturer against one of its largest shareholders, centres on a logo Geely intends to roll out on vehicles produced by its London EV Company (LEVC) subsidiary, the Coventry-based maker of the capital’s black cabs. The design features a horse’s head set within a pair of outstretched wings, and Aston Martin contends that the overall impression sails far too close to the slender winged motif that has adorned its bonnets since 1927.

The row is not a new one, Aston Martin first raised objections in 2022, when Geely sought to register the marks with the UK Intellectual Property Office. The Gaydon firm formally opposed the application the following year, arguing infringement, only for the hearing officer to side with the Chinese group on the basis that consumers were unlikely to mistake an electric taxi for a £150,000-plus grand tourer.

Aston Martin is taking legal action against Chinese part-owner Geely over a winged LEVC taxi logo it claims infringes its 1927 emblem — despite Geely's £245m stake in the British marque.
LEVC logo

That ruling did little to cool tempers at Aston Martin, and the latest legal salvo suggests the board is prepared to press the point despite the awkward shareholder dynamic. Geely acquired its 17 per cent holding for roughly $310m (£245m) in 2023, making it one of the marque’s most significant backers alongside executive chairman Lawrence Stroll’s Yew Tree consortium and Saudi Arabia’s Public Investment Fund.

For Geely, the London taxi business is a strategically important British asset. The group has been quietly assembling a portfolio of UK marques over the past decade, with Lotus now firmly in its stable alongside LEVC. Its involvement at Aston Martin was initially welcomed as a source of both capital and potential manufacturing expertise at a moment when the British firm has been burning through cash to fund its electrification programme.

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The dispute also comes at a bruising time for Aston Martin’s brand stewardship. The company recently saw 007 defect to the silver screen behind the wheel of a BYD, a coup for the rival Chinese electric-vehicle maker and a blow to a marque whose cultural cachet has long been bound up with the James Bond franchise.

In public, both parties are playing down the significance of the row. Aston Martin has declined to comment further on live proceedings, while Geely has characterised the matter as a routine trademark dispute and insisted it remains committed to a professional working relationship with the Gaydon marque as both business partner and investor.

Trademark lawyers watching the case note that the outcome will hinge on whether the courts accept that the average buyer, whether of an Aston Martin DB12 or an LEVC electric cab, could be confused or whether Aston’s goodwill in the wings motif is being unfairly exploited. What is already clear is that having a Chinese partner on the share register is no guarantee of a quiet life in the intellectual property courts.


Paul Jones

Harvard alumni and former New York Times journalist. Editor of Business Matters for over 15 years, the UKs largest business magazine. I am also head of Capital Business Media’s automotive division working for clients such as Red Bull Racing, Honda, Aston Martin and Infiniti.

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