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Why Open-Weight AI Models Matter and Meta Benefits from Them
The Wall Street Journal5d agoneutral
Why Open-Weight AI Models Matter and Meta Benefits from Them

Open-source software has been one of tech’s biggest-ever success stories. No surprise, then, that developers of open-weight AI models try to borrow some open-source sunshine. Meta Platforms chief Mark Zuckerberg on Monday became the latest tech executive to draw an equivalence between the two, calling open-weight models “open source AI” in a 6,500-word essay posted by the company.

Oil prices higher, stocks flat ahead of inflation report
AFP5d agoneutral
Oil prices higher, stocks flat ahead of inflation report

Oil prices bounced around in choppy trading and stock markets were little changed Tuesday as investors awaited a key inflation report and weighed progress on re-opening the Strait of Hormuz.  "But rising crude oil prices... and further delays in reopening the Strait of Hormuz, have introduced fresh inflation risks."

Investing.com5d agoneutral
Trump lifts TikTok ban on federal devices after ownership transfer

Investing.com -- The Trump administration removed restrictions on TikTok use on federal government devices Monday after determining the social media app no longer presents a national security threat following the transfer of its US operations to American investors.

AI startup Manus to resume independent operations as deal with Meta unwinds
Reuters5d agoneutral
AI startup Manus to resume independent operations as deal with Meta unwinds

AI startup Manus said on Tuesday it will ‌resume operating as an independent company ‌and some user data will be deleted as ​part of its separation from U.S. tech giant Meta. • "As part of our transition back to independent operations and to comply ‌with regulatory requirements ⁠in specific jurisdictions, data generated by certain users on/after December ⁠29, 2025" will be deleted later this month, Manus said in a statement. • ​Affected users ​will be notified ​through the Manus ‌app and by email and will be able to back up their data, the company said.

Rackspace Technology Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Rackspace Technology Q2 Earnings Call Highlights

Rackspace Technology (NASDAQ:RXT) reported second-quarter revenue of $670 million, up 1% from a year earlier, as the company outlined an expanded enterprise AI infrastructure strategy built around managed compute, inference and sovereign AI deployments. Chief Executive Officer Gajen Kandiah said th

Lightwave Logic Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Lightwave Logic Q2 Earnings Call Highlights

Lightwave Logic (NASDAQ:LWLG) said its second-quarter efforts focused on advancing its electro-optic polymer technology from development toward commercialization, with the company expanding its number of Stage 3 customer programs to five and expecting wafer deliveries from two foundry programs in Au

Terrestrial Energy Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Terrestrial Energy Q2 Earnings Call Highlights

Terrestrial Energy (NASDAQ:IMSR) reported second-quarter progress across its engineering, regulatory, supply-chain and commercial-development programs, while outlining updated unit economics for its IMSR small modular reactor plant design. Chief Executive Officer Simon Irish said the company contin

Pharmacy giant closes more stores across U.S. in 2026
TheStreet5d agoneutral
Pharmacy giant closes more stores across U.S. in 2026

After closing hundreds of locations in recent years, a pharmacy giant is continuing to shrink its retail footprint, with more stores disappearing from communities across the U.S. The latest closures come as the chain works to reshape its business and focus on locations it believes have a stronger ...

Elbit Systems Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Elbit Systems Q2 Earnings Call Highlights

Elbit Systems (NASDAQ:ESLT) reported higher second-quarter revenue, profit and cash flow for 2026, supported by increased demand across Europe, Israel, the U.S. and Asia-Pacific. The defense contractor said its backlog reached a record $32 billion as it continued to add orders from international cus

eToro Group Q2 Earnings Call Highlights
MarketBeat5d agoneutral
eToro Group Q2 Earnings Call Highlights

eToro Group (NASDAQ:ETOR) reported higher second-quarter net contribution and adjusted EBITDA as customer activity shifted toward equities, while the trading and investing platform also announced plans to acquire U.S. broker-dealer TradeZero. Net contribution rose 9% year over year to $229 million

Electrovaya Q3 Earnings Call Highlights
MarketBeat5d agoneutral
Electrovaya Q3 Earnings Call Highlights

Electrovaya (NASDAQ:ELVA) reported third-quarter fiscal 2026 revenue of $17.7 million, up from $17.1 million a year earlier, while highlighting a recently announced commercial agreement with Amazon, the launch of its ElvaPulse stationary energy-storage system and progress toward opening its Jamestow

Big Sky Industrial Inc. Common Stock Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Big Sky Industrial Inc. Common Stock Q2 Earnings Call Highlights

Big Sky Industrial Inc. Common Stock (NASDAQ:BSIN) reported second-quarter results alongside updates on construction of its Phase 1 industrial gas and carbon management project in Montana, saying commercial operations remain targeted for March 2027. President and Chief Executive Officer Ryan Smith