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Retail investors dumped Intel shares the moment a massive stock offering hit the news, but the institutions behind the scenes reacted in a way that almost nobody saw coming.
Losses at the company behind Donald Trump's social media platform - Truth Social, have ballooned, new figures reveal. The $238m (£176.3m) net loss recorded by Trump Media and Technology Group in the quarter ending 30 June is more than ten times that of a year earlier. During the same period last year, the net loss was around $20m (£14.8m).The figures also show the company made a net loss of $644m for the first six months of 2026.
Transportation Secretary Sean Duffy says the FAA has hired more than 2,000 new air traffic controllers as the Trump administration’s push to recruit gamers helps accelerate hiring. Sean Duffy Calls Hiring Push ‘Game Changer’ On Sunday, Duffy took to the...
Major financial groups sign MoUs with Nvidia to finance global AI compute infrastructure, pending final agreements.
Roku just launched a streaming channel where AI generates every frame of programming and every ad, around the clock, at near-zero cost. Whether that sounds like a gimmick or the future of television depends on a trajectory that has already moved faster than anyone expected.
The MHRA is the first European regulator to give Foundayo a regulatory blessing, with the drug still under review by the EU.
This will establish BMS’ in-house manufacturing presence in Texas, adding to its ongoing outlicensing and research partnerships in the state.
The stock, up more than 7% this year, is down 5% since its second-quarter earnings report.
Morgan Stanley estimates Cursor could add $2.5 billion to SpaceX’s revenue in 2026 and $13 billion in 2027, according to Investing.com
Aug 11 (Reuters) - Hims & Hers Health's shares fell nearly 7% in premarket trading on Tuesday, as concerns over shrinking profit margins overshadowed strong subscriber growth and a raised annual revenue forecast. The company posted second-quarter revenue on Monday that topped expectations and added more than 300,000 subscribers.
Sony Group has agreed to form a joint venture with Taiwan Semiconductor Manufacturing Co. to produce next-generation image sensors for smartphones.
Anthropic’s $965 billion IPO path rests on the aggressive, multi-layered industrialization of compute. The company has transformed access from a variable cost into a structural moat by diversifying hardware and energy supply across three continents through seven distinct funding mechanisms — effectively decoupling its growth from the supply-chain bottlenecks that throttle competitors tethered to single-cloud […]
During an interview with CNBC, Morningstar analyst Phenix Lee highlighted geopolitical concerns as another area of concern for the world’s largest contract chipmaker.
Patrick Gerber, who has worked at McDonald’s for over 25 years, is tasked with improving restaurant operations and standards.
Apple is approaching another iPhone launch with a $4.5 trillion market cap and nearly two decades of stock gains that have crushed the broader market at every turn. The question now is whether that compounding machine still has room to run or if the law of large numbers finally catches up.
<body><p>STORY: From Nvidia drumming up cash to four legged robots keeping homes safe.</p><p>This is Tech Weekly. </p><p>:: Tech Weekly</p><p>Nvidia said it's partnered with six major financial institutions to launch compute financing platforms...</p><p>aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>A U.S. appeals court allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat.</p><p>It's over claims they designed their products to be addictive to young users.</p><p>A San Francisco-based court rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court.</p><p> Eyewitness video captured the moment China’s Long March 7A rocket exploded after take-off in Hainan.</p><p>State news agency Xinhua said the cause was under investigation.</p><p>The failure could trigger checks of other Chinese launches if investigators identify a problem involving shared components, manufacturing or Wenchang launch operations.</p><p>And would you trust a robot dog to keep you safe at home?</p><p>"Hey this is Landon from Undaunted products. How can I help you today?"</p><p>Robotic dogs are replacing overnight security guards at several Atlanta apartment complexes, where property managers say the machines are helping deter crime and improve safety.</p><p>At 445 Cleveland Apartments, two four-legged robots patrol the property's roughly 200 units.</p><p>The robots, operated by Atlanta-based startup Undaunted, are remotely controlled by human operators.</p><p>They monitor live camera feeds and communicate directly with residents through onboard speakers.</p></body>
The appliance manufacturer aims to maintain continuity of supply by boosting spend with the semiconductor firm, an executive told Supply Chain Dive.
The platforms are to produce up to 240,000 barrels of oil and process 22 million cubic metres of gas daily.
Morgan Stanley (NYSE:MS) has launched the U.S. Innovation Infrastructure Initiative, targeting approximately US$1.5t in capital to support American growth. The program focuses on long term capital raising and investment tied to U.S. economic and national security priorities. The initiative is designed to increase Morgan Stanley's role in core U.S. infrastructure and innovation sectors. To put this move in context, it is worth looking more broadly at companies tied to critical U.S. power and...
On Holding (ONON) delivered earnings and revenue surprises of 0.00% and -3.42%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Diversification makes the difference here.
Completion of the acquisition is targeted for early 2027.
As memory stocks plummet, more losses may be on the way.
Wall Street futures were muted pre-bell Tuesday, as traders weighed a generally good earnings season
NetApp has outperformed the broader market over the past year, and analysts remain moderately bullish about the stock’s prospects.
The pharmaceutical company hopes that another big-time acquisition will pay off.
Anthropic is embedding "imperceptible" machine-readable watermarks directly into text generated by new Claude models, making copied AI output easier to trace as schools, publishers and other organizations grapple with undisclosed machine-written content. Claude Watermarks Follow Text Across Platforms IPO-bound Anthropic...
Duolingo's latest quartergave investors fresh evidence that user growth is accelerating, but one Wall Street firm still sees a problem with what the market is paying for the language-learning company. Duolingo (DUOL) reported second-quarter revenueof $298.5 million, up 18% from a year earlier, ...
Venture Global misses second-quarter revenue expectations as costs pile up due to a key liquefied natural gas project.
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