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Videogame stocks took a hit Thursday afternoon after Meta Platforms announced new artificial intelligence tools that can build mobile games. Gaming investors shouldn’t be concerned just yet. Meta announced during the second day of its Connect conference that it was launching two new tools—Horizon Create and Horizon Studio—that enable creators to turn ideas into complete 2-D and 3-D mobile games.
Genesis Energy Ltd (ASX:GNE) delivers strongest gross margin to date at $949 million, while navigating FY27 guidance headwinds and advancing its renewable energy pipeline.
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