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Nvidia strikes humanoid robot partnerships with European chipmakers
Reuters156d agobullish
Nvidia strikes humanoid robot partnerships with European chipmakers

European chipmakers Infineon, NXP and STMicroelectronics on Monday all announced partnerships with Nvidia to sell hardware for humanoid robots, ‌as they vie for business in a potentially lucrative market. U.S. chipmaker Nvidia ‌coordinated the announcements on the eve of its annual GPU Technology Conference in California where its efforts ​to become the "brain", or central computing platform for robots with its Jetson Thor processors, are likely to be one focus. The role for Europe’s industrial chipmakers is to provide other parts of the body, including electronics needed to make them work safely and reliably, sensors, ‌motion control, power management, and ⁠high-speed internal communications.

Crypto Currents: Bitcoin tops $71,000 as ETF inflows return
TipRanks168d agobullish
Crypto Currents: Bitcoin tops $71,000 as ETF inflows return

Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Bitcoin (BTC-USD) reclaimed the $71,000 level Wednesday morning after days of selling pressure tied to the U.S.-Israeli strikes on Iran. Crypto-linked equities were surging in pre-market trading, with Strategy Lookonchain. Underpinning the rally: a landmark Federal Reserve decision

Albuquerque Journal, N.M.310d agobullish
Santa Fe's Solstar enters $15 million partnership with Momentus for in-space communication services

Oct. 13—One small step for man, one giant leap for Solstar Space Co. The Santa Fe-based company on Monday entered into a $15 million partnership with Momentus, a group based in California offering commercial satellite buses and in-space infrastructure services. "This is just a fantastic opportunity for us to test our first commercial product, that's the Deke Space Communicator, on board with ...

South Korea's HD Hyundai Heavy in talks to buy US shipyard
Reuters336d agobullish
South Korea's HD Hyundai Heavy in talks to buy US shipyard

ULSAN, South Korea (Reuters) -South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry. The world's largest shipbuilder based on orders is targeting 3 trillion won ($2.2 billion) in annual revenue by 2035 from building warships for the U.S. Navy, said Woo-maan Jeong, head of planning and management for HD Hyundai's naval and special ship unit, in an interview at its Ulsan headquarters. "The U.S. is apparently facing a situation that pushes it to inevitably open the shipbuilding market," said Jeong, given the widening gap in naval capabilities between the United States and China and the lack of sufficient U.S. capacity for building warships.

Roblox Q2 Earnings Beat Sends Leveraged RBLU Soaring
etf.com385d agobullish
Roblox Q2 Earnings Beat Sends Leveraged RBLU Soaring

- The leveraged RBLU fund surged nearly 25% following the gaming platform's earnings beat. - Strong bookings growth of 51% drove gains across gaming and Web3 ETFs. - User growth of 41% and raised guidance are boosting investor confidence.

Morning Movers: GMS Inc. jumps after report of competing suitors
TipRanks425d agobullish
Morning Movers: GMS Inc. jumps after report of competing suitors

Stock futures are ticking slightly higher as investors digest fresh geopolitical news and continue to weigh the Federal Reserve’s latest stance on interest rates. President Trump’s announcement of a two-week pause on potential military action against Iran has brought some relief to markets. Brent crude has pulled back to around $77 per barrel as the likelihood of immediate escalation diminishes. On the macro side, the Fed’s cautious tone earlier this week is still reverberating. Policymakers kep