Fertilizer names are currently a source of relative resilience in our Food Revolution portfolio as they ride an exceptional environment (strong farming demand, major supply disruptions) to deliver impressive quarterly figures and/or guidance. Nutrien and CF Industries just reported +64% and +173% Q1 revenue growth, respectively, and EBITDA up 3x or 4x the level achieved…
While there’s been a lot of talk about the increasing number of droughts across the world in relation with climate change (recent restrictions on outdoor watering in Southern California being the latest example), there’s also been, quite ironically, an increasing number of devastating floods as the rapid urbanization pace reduces the land available to absorb…
The crypto community has just been shattered by the biggest crypto heist to date: 173,600 ethereum and 25.5 million USDC (a U.S. dollar pegged stablecoin), or an equivalent of $622 million, have been stolen on the Ronin network. This network is a so-called sidechain used to settle crypto transactions on Axie Infinity’s video gaming platform.…
Electric vehicles’ (EVs) adoption has been all the rage in recent months with sales rocketing in most parts of the world. EVs also took the spotlight at this year’s CES in Las Vegas, confirming their central role in the ongoing energy transition. The three main components of an EV are its energy storage (a battery…
If there’s one thing about the Metaverse that most experts and observers agree on, it’s that the digital world of the future is going to have massive requirements in terms of computing power, 3D modeling and standardization. A reference in high-performance computing, Nvidia now plans to tackle the two other challenges and become the go-to…
With crude oil currently hovering at around $120 a barrel, non-fossil energy sources and electric vehicles (EVs) are obviously back on investors’ radar. Sales of EVs around the world were already shooting to the roof before the Russia-Ukraine war (+115% in China and +39% in Europe in January, +72% in the US in Q4) and…
Two weeks ago, we highlighted the need for automated threat detection in an environment where the number of threats is rising exponentially and commented that Google’s recent acquisition of privately held Siemplify could pave the way to other M&A deals in the field of security automation. It looks like things are speeding up with Microsoft…
Take-Two, one of the largest positions in both our Gaming and Metaverse certificates, announced for the first time that its Rockstar studio is actively working on the next instalment in the Grand Theft Auto (GTA) series and that it will share more information soon (probably a trailer and/or release date). For those who are not…
Before a potential invasion, Russia has reportedly sought to destabilize Ukraine on the cyber front in recent weeks as hackers attacked and placed destructive malware inside tens of Ukrainian government agencies. This prompted the US Cybersecurity and Infrastructure Security Agency to warn critical infrastructure operators against possible cyber threats to US assets, reminding that two major cyberattacks…
We have been arguing for more than one year that video gaming assets could attract significant M&A interest from Tech and social media giants and Microsoft’s reported takeover talks with Activision today clearly confirm our view. The deal, if confirmed, would mark a major step-up in Microsoft’s gaming M&A strategy after its purchase of Bethesda…