• S&P 500 jumps 2.3% on its best day since 2022turning around a brutal start to the week
    www.fastcompany.com
    U.S. stocks rallied Thursday in Wall Streets latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy.The S&P 500 jumped 2.3% for its best day since 2022 and shaved off all but 0.5% of its loss from what was a brutal start to the week. The Dow Jones Industrial Average rose 683 points, or 1.8%, and the Nasdaq composite climbed 2.9% as Nvidia and other Big Tech stocks helped lead the way.Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. The number was better than economists expected.It was exactly a week ago that worse-than-expected data on unemployment claims helped enflame worries that the Federal Reserve has kept interest rates at too high of an economy-slowing level for too long in order to beat inflation. That helped send markets reeling worldwide, along with a rate hike by the Bank of Japan that sent shockwaves worldwide by scrambling a favorite trade among some hedge funds.At the worst of it, at least so far, the S&P 500 was down nearly 10% from its all-time set last month. Such drops are regular occurrences on Wall Street, and corrections of 10% happen roughly every year or two. After Thursdays jump, the index is back within about 6% of its record.What made this decline particularly scary was how quickly it happened. A measure of how much investors are paying to protect themselves from future drops for the S&P 500 briefly surged toward its highest level since the COVID-19 crash of 2020.Still, the markets swings look more like a positioning-driven crash caused by too many investors piling into similar trades and then exiting them together, rather than the start of a long-term downward market caused by a recession, according to strategists at BNP Paribas.They say it looks more similar to the flash crash of 2010 than the 2008 global financial crisis or the 2020 recession caused by the pandemic.Of course, markets have been quick to turn over the past week regardless of any long-term predictions.Todays jobless claims data may ease some of the concerns raised by last weeks soft jobs report, said Chris Larkin, managing director, trading and investing, at E-Trade from Morgan Stanley. But with inflation data due out next week and the stock market still working through its biggest pullback of the year, its unclear how much this will move the sentiment needle.In the meantime, big U.S. companies continue to turn in profit reports for the spring that are mostly better than analysts expected.Eli Lilly jumped 9.5% to help lead the market after it delivered stronger profit and revenue than Wall Street had forecast. Sales of its Mounjaro diabetes treatment and its Zepbound weight-loss counterpart are booming, and the company raised its financial forecast for the year.Big Tech stocks also rose to claw back some of their sharp losses from the last month.After a handful of them almost singlehandedly drove the S&P 500 to dozens of all-time highs this year, the group known as the Magnificent Seven lost momentum last month amid criticism their prices soared too high in investors frenzy around artificial-intelligence technology.How this handful of stocks performs carries extra impact on the S&P 500 and other indexes because theyre by far the markets most valuable companies. Nvidia, which has become the poster child for the AI trade, rose 6.1% to trim its loss for the week so far to 2.1%, and it was the days strongest single force pushing upward on the S&P 500.Gains of 1.7% for Apple and 4.2% for Meta Platforms were also big propellants, along with Eli Lilly.They helped offset a drop of 11.3% for McKesson, which topped analysts expectations for profit in the latest quarter but fell short on revenue. It said growth slowed in its medical-surgical business.Bumble, the Texas-based dating app, lost more than a quarter of its value, 29.2%, after its forecast for revenue in the third quarter came in well below Wall Streets.All told, the S&P 500 rallied 119.81 points to 5,319.31. The Dow gained 683.04 to 39,446.49, and the Nasdaq composite rose 464.22 to 16,660.02.In the bond market, the yield on the 10-year Treasury rose to 3.99% from 3.95% late Wednesday.In stock markets abroad, indexes were mixed across Asia and Europe. In Japan, which has been home to some of the wildest moves in global markets, the Nikkei 225 ticked down by 0.7%. That looked like a ripple following its tidal swings of down 12.4% and up 10.2% to start the week.By Stan Choe, Associated Press business writerYuri Kageyama and Matt Ott contributed to this report.
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  • Appareil Architecture tops wooden Quebec home with sloped single-pitch roof
    www.dezeen.com
    Canadian studio Appareil Architecture has created a wooden, light-filled mountain house with a single-pitch roof in Mont-Tremblant, Quebec.Known as Rsidence des Rapides, the three-bedroom house is partially embedded in a sloped four-acre site on the banks of the Diable River in the Laurentian Mountains.Appareil Architecture has built a wooden mountain home in Qubec with a single-pitch roofMontreal-based Appareil Architecture completed the cedar-clad house in 2023, informed by the studio's earlier design of its Piloti bench sofa with exposed joints and absence of hardware."Through its exposed solid wood structure, the Rsidence des Rapides creates a coherent, visible language, at the crossroads between object and architecture," founding architect Kim Pariseau told Dezeen.The sloped monumental roof is raised on a colonnade of rectangular wooden columnsThe team designed the house with a bold form that expresses its structure. It has a monumental roof that overhangs up to eight feet (2.4 metres) in some places to form covered passageways around the house and a 15-foot-high (4.5 metres) cathedral ceiling inside."We wanted to give the roof a sense of lightness, almost floating above the house," Marc-Olivier Champagne-Thomas, an associate architect at Appareil Architecture, said."We deliberately avoided the use of lateral columns for its support, opting instead for an integrated approach where the body of the structure and that of the roof are harmoniously linked together, fitting like pieces of furniture."The roof is raised on a colonnade of rectangular wooden columns from the floor-to-ceiling glazing on the south side.Rsidence des Rapides' main upper level includes an open-plan living room, dining room, and kitchen"The house has two distinct facades: a bashful, timid side overlooking the access path, and another, opening onto the back, revealing the magnificence of the landscape," the team said.On the main upper level, the corner entry leads to an open-plan living room, dining room, and kitchen.Read: Eight top-heavy homes with dramatically oversized roofsThe primary bedroom and bathroom hold one end of the plan, while the other is composed of a covered veranda with outdoor dining space.The walls of the primary bedroom don't extend all the way to the roof to maintain "a feeling of openness and fluidity, reinforcing the home's sense of space and luminosity."Primary bedroom walls do not extend to the roof to maintain "openness and fluidity"The ground floor which is set halfway into the hillside and as close to the river as possible contains a living room, home theatre and two bedrooms that each look out to a covered outdoor passageway and spa, where residents can hear the gentle sound of the flowing water.The interiors are clad in red oak panelling and wood floors, while porcelain countertops and ceramic tiles provide a cool juxtaposition to the natural wood.The bathroom includes porcelain countertops and ceramic tiles which juxtapose natural wood interiors"Beyond covering the surfaces with wood, we wanted to work with this noble material in all its diversity, using its structural properties for the framework, playing with its nuances to create a unique exterior language, and diffusing its warmth in every nook and cranny of the house," Champagne-Thomas said.Previously, Appareil Architecture designed a dental clinic to "feel like someone's home" and updated a minimal 1960s home with a minimal palette, both in Montreal.The photography is by Flix Michaud.Project credits:Contractors: Fairfiled construction, Larix ConstructionCabinetmaker: Roland Grenier Construction, Daniel CasaubonWindows: AlumilexLightings: Luminaire AuthentikKitchen stools: Appareil AtelierThe post Appareil Architecture tops wooden Quebec home with sloped single-pitch roof appeared first on Dezeen.
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  • Sponsored: WANTED Schools Workshop Redefines Mobility
    www.core77.com
    The 2024 WANTED Schools Workshop took place in conjunction with this year's ICFF where it was sponsored and conducted with Honda R&D Co., Ltd. Honda Design, in partnership with Pratt Institute and media partner Core 77. In this 4-day workshop student teams were challenged to use their design skills to solve a big problem.Daisuke Sawai, Honda DesignThe Honda Design team proposed a theme featuring mobility "The Desired Future of the Next Generation: Redefining Mobility". Mobility often translates to automobiles, vehicles, and machinery. However, the Design Schools Workshop expanded the term to include potential concepts which mobility can become. Using their unique lens participants translated ideas using storytelling tactics, thinking intrinsically, and dreaming big to tackle the future of mobility. The design teams were comprised of students from seven schools. After a first day hosted at the School of Visual Arts (SVA), the 29 students coming from California College of Arts (USA), CENTRO (Mexico), Ecole Camondo (France), ENSCI Les Ateliers (France), Ohio State University (USA), Pratt Institute (USA), and SVA (USA) were organized in teams and worked for 3 days in the heart of the Javits Center.29 students from seven schools participated in the workshop.The final public presentation to the Jury, led by Allan Chochinov, Core77 Partner and Chair, SVA MFA Products of Design, and joined by Jean-Jacques L'Henaff, Leader, Global Design Americas, LIXIL; Jane Nakagawa, VP of the Advance Design Studio, American Honda Motor Co., Inc.; and Becca Roderick, Design Director of Interiors, Morris Adjmi Architects, took place on the main stage at ICFF on Tuesday, May 21. The workshop space at the Javits center was sponsored by molo, Teak and Foster by Visual Magnetics.SYMBIOME the winning project. "I liked how AI was leveraged as a tool to level-set/augment the illustration capabilities of each teamit was also interesting to witness how each team was willing to iterate using the tool to ensure that the right imagery was being used to tell their story. I was delighted to see three common themes running through all the projects/proposals: abundance of water (due to climate change), animals (a metaphor for the health of our planet), and multigenerational values (young people caring about and caring for grandmas)," said Jane Nakagawa, VP of the Advance Design Studio, American Honda Motor Co., Inc.The winning team with the WANTED Schools workshop jury."The jury was immediately captivated by how the winning team framed their project around the concept of 'migration.' As an animating metaphor, we felt that it was wonderfully sensitive to a relationship that all living things must have to one another. But as a design device, it worked just as well. We were impressed by how comprehensive the group's ideas were, and their final presentation was professional, persuasive, and inspiring," commented Allan Chochinov. "Core77 is honored to introduce all 5 students who made up the winning team and their project SYMBIONE."Lily Chinn Lily Chinn is from Los Angeles California and recently graduated from California College of Arts where she studied industrial design. See her portfolio here.What was the best part and outcome of the WANTED Schools Workshop at ICFF? The opportunity to work with the Honda Team was incredibly inspiring in itself, providing insights into how professional designers approach design thinking and problem-solving. However, the most rewarding part of the WANTED Schools workshop was collaborating with and gaining perspectives from talented and creative design students from around the globe.Was the theme inspiring and relevant for you? The open-ended theme of "The Future of Mobility" presented us with unlimited possibilities. Given the world's current environmental issues, I saw an opportunity to design for more than just humans. Instead of focusing solely on human-centered design, I wanted to create something that acknowledges and benefits all life forms. This perspective led my team to consider that humans are inherently animals, and like animals, what do we do when our habitat is threatened? We migrate. This idea of migration as a form of mobility inspired us to develop a narrative for future mobility that encompasses a design for all life forms. We had a chance to have the workshop led by Honda design team, how much was it an inspiring and learning experience, and for which reason? The Honda Team's workshop was very rewarding, as they inspired us to design without limits. They encouraged us to explore the theme of mobility beyond the constraints of roads, time, trains, or planes, allowing us to expand our definition of mobility. This open-ended approach, combined with the use of the latest AI tools, was so helpful in showing us how advancing technologies can help us reimagine future scenarios, build compelling narratives, and think outside of our usual boundaries as designers.Where do you see yourself in the world of design and what will be your dream career? My time at the California College of the Arts was dedicated to my passion for sustainable practices in the beauty industry, particularly through the creation of highly functional and reusable products. My goal is to join the beauty industry and design products that emphasize longevity and sustainable materials, aiming to challenge and change current consumer tendencies.Cesar Jimenez Cesar Jiminez is from the French countryside and studies at ENSCI Les- Ateliers in Paris. View his work here. "Having wanted to be an engineer when I was younger and realizing the realities of the profession and studies (my brother took this path before me) I understood that it was the profession of Designer that was actually driving me. I see design through the maxim that now defines my practice and aspirations: design thinks differently about things that don't yet exist. Given the current context and the challenges of tomorrow, we need now more than ever, people who won't count the hours they spend thinking differently about what surrounds them. So don't hesitate to embark on the beautiful paths of design and help build a better future through the expression, freedom of tone, and direction that Design offers."Where are you originally from and which school are you part of? I was born in 2001 in Angers, Maine-et-Loire, on the banks of a river, into a family that gave me a taste for culture, reflection and curiosity. Confronted at an early age with the need to express myself and understand my environment, I embarked on musical studies at the Conservatoire, and got involved in various mechanical and DIY projects.The desire to understand how people use the things around them, to innovate, to find solutions to problems that don't yet exist by combining technique, reflection and plastic expression led me to industrial design at ENSCI Les-Ateliers and to Centrale-Suplec for the next year to pursue my professional goal.What was the best part and outcome of the Wanted Schools Workshop at ICFF? First of all, and as I think is the case for many of us, it was a first in my curriculum to be exposed to different global design practices France, in a space that was not linked to my own culture, both with the other students invited and with the supervisory staff. The group work using artificial intelligence tools, their understanding and their uses were very enriching both academically, by gaining in competence, and on a human level, where artificial intelligence was a real icebreaker between our different backgrounds, cultures and design practices within the team. I came away from this experience much more open to the modalities of Design, which isand I understood this through this workshopintrinsically plural, rich, and much more permissive than we generally wish to believe.How much was the theme inspiring and relevant for you? Coming from the countryside, close to nature and needing the car to get around and emancipate myself towards a more metropolitan life, the subject of mobility in a future era, where the way of living, using and inhabiting the territory, both in the logistical aspect and that of the daily cocoon, appeared to me to be absolutely essential with regard to the current stakes of our ways of existence and their consequences on the future of a healthy life, whatever it may be.Having participated myself in a total antithesis during my childhood in the countryside, where despite the proximity to nature and the desire to do smaller and shorter with what was already around us, the car was the only way to cover distances, despite an efficient public transport system. The subject was thus the catalyst for a reflection that had been growing inside me for a long time, but which I hadn't been able to process, without the opening onto the world that this workshop offered, by opening me up to more universal and systemic reflections on Western lifestyles, thanks to contact with the other students.We had a chance to have the workshop led by Honda design team, how much was it an inspiring and learning experience, and for which reason? It was extremely fascinating to come face-to-face with the methodology of the Honda Design team, and to realize the iron rigor of their extremely creative practice. "Creativity is born of constraint" is an adage we often borrow, but this workshop really confirmed it for me. A far cry from my school's methods, with more freedom in terms of content, form and timing, this workshop was an opportunity to judge my ability to adapt and communicate in an international and collective environment, to gain the necessary consistency for working life in the creative fields, and to make progress towards the reality of the work I wish to invest in. Honda's method, based on the control of time linked to well-defined deliverables, guaranteed a strong cohesion within the group, with the supervisory body but also, in an almost anthropomorphic relationship, with the artificial intelligence tools. For me, this was the key message of the workshop: to create a symbiotic unity around the skills of each individual in the service of the project and beyond.Where do you see yourself in the world of design and what will be your dream career? Having committed myself to engineering studies for next year, in addition to my industrial design course, and having already embarked on an innovation project in the paramedical field with two other students from school, I'd like to move towards a career halfway between design and engineering within large-scale companies linked to innovation and with the capacity to impact our lifestyles and consumption patterns. I'd like to join these structures as a project manager, bridging the gap between technical design and engineering teams, and driving industrial strategy.Priyanka ChowdhuryPriyanka Chowdhury is from Kolkata, India and is currently a third-year MFA student specializing in Design Research and Development at The Ohio State University. You can view her work here.What was the best part and outcome of the Wanted Schools Workshop at ICFF? The highlight for me was collaborating with individuals from diverse mindsets and backgrounds. I thoroughly enjoyed the brainstorming sessions and how we were constantly challenged to think beyond our usual boundaries. The outcome of our team's work was completely unexpected. It was an intense four-day workshop, and I learned a lot about design methodologies by the end.How much was the theme inspiring and relevant for you? I've always been interested in mobility since my undergraduate days in Architecture. I am interested in exploring the future of urban design and mobility from a systems level. Our project looked at mobility from a life-centered perspective. This new stance helped us think beyond the usual idea of putting humans at the center We had a chance to have the workshop led by Honda design team, how much was it an inspiring and learning experience, and for which reason? The workshop was very educational and a unique experience. As a grad student, it was refreshing to work on something beyond my thesis and collaborate on transdisciplinary topics. Networking with industry leaders, like Honda, was very beneficial for an aspiring design researcher like me. I have always admired Honda's philosophy, so being mentored by people whose work has positively impacted many lives was an invaluable experience.Where do you see yourself in the world of design and what will be your dream career? I want to work on projects that blend urban design and technology. As an Urban Researcher, I aim to be involved in innovative, sustainable, and impactful architecture and urban design projects. My dream career would focus on creating meaningful change, driven by a commitment to social impact and ethical practices.Santiago VzquezSantiago Vzquez hails from Mexico City and is currently studying Creative Computing at CENTRO. You can learn more about his work by visiting his portfolio."Participating in the WANTED Design workshop was a transformative experience for me. It really reinforced my belief in the power of collaborative design to address complex global challenges. I am excited about the future of all things design and the role we, as designers, can play in shaping a more harmonious and sustainable world. I would encourage all readers to explore how their own work can contribute to a better future for our planet and all its inhabitants." What was the best part and outcome of the WANTED Schools Workshop at ICFF? The best part of the WANTED Schools Workshop at ICFF was the opportunity to collaborate with a very diverse group of students and professionals from around the world. Working on the SYMBIOME project, we were able to combine our unique perspectives and skills to create an exciting new narrative for the future of mobility. The outcome of the workshop was not only a transdisciplinary proposal that gave us a lot of perspective, it also deepened our understanding of how interdisciplinary collaboration can drive impactful design.How much was the theme inspiring and relevant for you? Coming from one of the cities with the most traffic in the world, and a place where pollution derived from various means of transport is a significant issue, the subject "the future of mobility" was incredibly inspiring and relevant to me. It resonated deeply with my passion for sustainable design and mobility. The focus on harmonizing human activities with the environment and exploring new ways of living and moving sustainably was extremely interesting to explore during the workshop.We had a chance to have the workshop led by Honda design team, how much was it an inspiring and learning experience, and for which reason? Having the workshop led by the Honda design team was an invaluable experience. Their expertise and insights into cutting-edge design, innovation and thought process for developing ideas were both inspiring and educational. They provided us with a real-world perspective on how new projects can be conceptualized and presented, which was incredibly motivating for all of us involved in the workshop.Where do you see yourself in the world of design and what will be your dream career? I think I see myself at the intersection of technology and the human experience. With my background in Creative Computing, I am passionate about leveraging technology to create narratives that connect people on a deeper level. My dream career involves crafting interactive experiences and digital solutions that foster collaboration and understanding among diverse communities. I aim to explore how technology can be used not just to solve problems, but to tell stories that inspire and unite us. By imagining new worlds and possibilities, I believe we can build a future where we understand each other better and work together towards common goals.Revive SunRevive Sun is from China and currently studying at Pratt Institute. Check out his work here."Design, in my mind, is like pulling a spring: the more force we apply, the more it elastically deforms. Design is like to balance achieving maximum deformation while maintaining the ability to return to the original state. Similarly, we and AI can all create something wild and crazy, but the key is to keep the balance."What was the best part and outcome of the Wanted Schools Workshop at ICFF? The best part was working with talented individualswith Generative AI as a tool we can unleash unlimited creativity.How much was the theme inspiring and relevant for you? Future mobility is going to change in every way. Not only the design style, but also how we use it, how we perceive it, as well as our relationship with it. This theme pushed me to think if there is a new way to 'move people from A to B' and how.We had a chance to have the workshop led by Honda design team, how much was it an inspiring and learning experience, and for which reason? The Honda design team, especially Daisuke Sawai, was incredibly supportive and experienced. They introduced us to new methods for creating stories, providing us with a glimpse into the passible future.Where do you see yourself in the world of design and what will be your dream career? I see myself as an innovator, designer and leader. With an innovative mind, I always strive to create new things, think differently, and challenge the status quo. As a designer, I understand the importance of providing value to customers. As a leader, I recognize the significance of diverse teams.My goal is to create something that makes a positive difference in the world. I envision myself working with interdisciplinary teams, combining insights from engineering, marketing, and user experience to drive impactful projects.My dream career is to become a CEO of a leading design firm or tech company. I am passionate about driving innovation, leading teams, and making strategic decisions that shape the future of the industry. I believe that with my dedication, continuous learning, and ability to inspire and manage a talented team, I can create significant value and positive impact. This ambition drives me to consistently improve my skills and take on challenging roles that prepare me for such a leadership position.The Desired Future of the Next Generation: Redefining Mobility - ICFF WANTED Design Schools workshop takes place annually at the ICFF in New York City. Design Schools Workshop.
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  • Give your VW camper van more portable storage and dining space with the Bbox Bulli in tow
    www.yankodesign.com
    If youre someone who loves to live in the wilderness in a camper van, you wouldnt really mind the peace of mind and convenience that a towable little attachment capable of being your cargo hauler, a dining area, a small kitchen or a wardrobe, whatever you may like, can offer.The Bbox Bulli Edition by mfi camperlife GmbH in Germany is this towable little companion designed primarily for the Volkswagen camper vans that will be your ultimate companion at the base camp. Not just for its versatility but also for the compact size in which the Bbox Bulli can store up so much cargo that your van can be cleared up on the inside for comfortable travel on the road.Designer: Wolf-Box DesignThe convenience of a tiny towable behind your Bulli is not an inexpensive deal by any standard. If you have upward of $13,000 (11,900) to spare for an extension of your van-living quarters, you shouldnt think the second time. But if you choose to get one, the excitement is not going to stop at the extension itself, you can get mfi to customize the Bbox Bulli Edition to the color and theme of your ride (now maybe the price seems a little fair).Of course, this contraption is primarily meant to tow behind a Volkswagen camper van, but there seems to be no reason why you cannot have it in tow of any multi-purpose vehicle that you may drive. When in tow, the Bbox Bulli, comprising a fiberglass-sandwich body and weighing 880 lbs, can be used as an outdoor kitchen and dining using a camping stove and fold-out table. There are two side closets with configurable shelves to carry water canisters, coolers and other gear, which otherwise tend to clutter up the camper van space side.For those who are wondering how much this little guy can carry, the Bbox Bulli Edition, mfi informs, can carry 660 lbs of payload and has integrated lighting for convenience and jazzing up your camp. Measuring 37 inches deep and 87 inches tall, its tow bar stretches forward from the body, doubling the total length to up to 80 inches.The post Give your VW camper van more portable storage and dining space with the Bbox Bulli in tow first appeared on Yanko Design.
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  • Brother, your world faces exterminatus unless you watch this new Space Marine 2 gameplay footage right now
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    Who are you to argue with The Emperor of Mankind?Multiplayer? It's literally heresy!
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  • ImagineFX Art Challenge 5 starts today!
    www.creativebloq.com
    Have a chance of getting your artwork featured in ImagineFX by taking part in our latest Art Challenge on the theme Blue and Orange.
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  • "Never stop learning and be open to criticism": inside the art of concept designer Ben Mauro
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    The art director discusses how he brings video game worlds to life and creates his own graphic novel series.
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  • Fatal Fury: City of the Wolves Terry Bogard Trailer
    www.gamespot.com
    South Towns very own Legendary Hungry Wolf. Following his epic encounter with archrival Geese Howard, he takes young Rock (Geeses son) under his wing, and the two are inseparable, until the events of a fateful tournament compel them to go their separate ways.
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  • Dragon's Dogma 2's Success Is Hopefully a Good Omen for a Threequel
    gamerant.com
    Despite facing some initial controversy regarding its microtransactions and then later some divisiveness centered around its open world, Dragon's Dogma 2 has been largely successful, building upon the foundation laid by its cult-classic predecessor to provide an altogether improved experience that modern gamers can enjoy. In many ways, Dragon's Dogma 2 is more a remake than a sequel, as it is essentially an overhauled version of the first game with enhanced visuals, better quality of life, and a few new vocations for players to try. While there are many possible explanations for why Capcom chose to go in this direction with the sequel, the most obvious seems to be the time gap between the releases of the first game and the second.
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