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Energy Transition Update - ABB Partners With LevelTen To Advance Clean Energy Solutions
Simply Wall St.17d agoneutral
Energy Transition Update - ABB Partners With LevelTen To Advance Clean Energy Solutions

ABB has announced a strategic partnership and minority investment in LevelTen Energy, the largest clean energy marketplace worldwide. This partnership aims to enhance ABB's ability to support industrial and commercial customers in securing long-term, affordable clean energy, which is crucial to advancing the energy transition amid a complex grid environment. By integrating LevelTen's market-leading transaction platform with ABB’s expertise in electrification and energy management, the...

Losses balloon at Trump Media the company behind Truth Social
Sky News17d agoneutral
Losses balloon at Trump Media the company behind Truth Social

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.

AI Slop or Streaming’s Future? Inside Roku’s Fairground TV Gamble
24/7 Wall St.17d agoneutral
AI Slop or Streaming’s Future? Inside Roku’s Fairground TV Gamble

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.

Hims & Hers shares slide as costly weight-loss push squeezes margins
Reuters17d agoneutral
Hims & Hers shares slide as costly weight-loss push squeezes margins

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.

Forkast News17d agoneutral
Anthropic’s $965B IPO Path Runs Through Seven Compute Corridors Across Three Continents

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 […]

SpaceX Stock Is Falling After Regaining Offer Price. AST Earnings Is Just One Reason.
Barrons.com17d agobearish
SpaceX Stock Is Falling After Regaining Offer Price. AST Earnings Is Just One Reason.

SpaceX stock was falling in Tuesday’s premarket after a 3-day winning streak that pushed it back above its offer price pre-IPO. The satellite telecommunications company’s figures missed expectations, but it maintained guidance—which seemed enough for Cantor to raise its price target on the stock. It is the major competitor to SpaceX’s Starlink in Direct-to-Cell (D2C) space broadband and reported revenue of $31.5 million—below the $35.18 million consensus, according to FactSet—while posting an adjusted loss per share of $0.77 versus the expected $0.26 loss.