Tag: fast
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Tesla cash burn to test investor faith in AI bets
July 21 : Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets will pay off.CEO Elon Musk has pivoted the electric-vehicle maker’s focus from manufacturing cars to building so-cal
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How a 64-team World Cup could transform soccer’s economics
DALLAS, July 21 : The first 48-team World Cup has barely finished, but Gianni Infantino has already acknowledged the possibility that soccer’s biggest tournament could one day grow larger still, a move that could fundamentally alter the economics of the sport.Speaking to Swiss television during the tournament
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US looks to speed air taxis, supersonic planes to market
FARNBOROUGH, England July 21 : The U.S. Federal Aviation Administration said it was working to help industry deploy air taxis, supersonic airplanes, boost space launches and expand drone operations as it embraces next-generation aviation.Deputy FAA Administrator Chris Rocheleau told Reuters in an interview a
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Hasbro raises annual forecasts on digital gaming demand, ‘Magic’ boost
July 21 : Hasbro raised its annual revenue and profit forecasts on Tuesday, betting on resilient demand for its digital gaming business and continued strength in “Magic: The Gathering” despite an uncertain consumer spending environment.Shares of the “Dungeons & Dragons” maker were up about 2 per cent in prema
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Mobileye to supply Stellantis with cloud-based driver assistance technology
July 21 : Mobileye Global will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for connected safety systems.The ADAS hardware maker’s shares were up about 6 per cent in premarket trading.The compani
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BlackRock-backed group commits $5 billion for Aligned Data Centers
July 21 : A group backed by BlackRock and Abu Dhabi-based fund MGX on Tuesday committed an additional $5 billion in growth capital to Aligned Data Centers, after acquiring one of the world’s biggest data center operators.
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Dollar softens as investors weigh Middle East jitters against inflation data
BENGALURU/HONG KONG, July 21 : The U.S. dollar ticked lower on Tuesday as markets balanced conflicting signals from the Middle East against lingering optimism from softer inflation data last week.The euro rose 0.09 per cent against the dollar to $1.1424 while the yen declined 0.09 per cent against the dollar
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Kiss inherits Wallabies side with familiar problems
MELBOURNE, July 21 : Joe Schmidt would have liked to hand over a fully rebuilt Wallabies side to Les Kiss but instead the incoming coach will find a similar set of problems to the ones that greeted the New Zealander two years ago.Schmidt took over a demoralised outfit in the wake of the 2023 World…
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Spurs sign defender Sombath from Lyonnes
July 21 : Tottenham Hotspur have signed defender Alice Sombath from French side OL Lyonnes, the Women’s Super League club said on Tuesday.Neither club disclosed financial details of the transfer, but media reports said the deal surpassed Spurs’ previous record signing of Signe Gaupset for £375,000 ($503,700)
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Quartararo to join Honda in 2027
July 21 : Former MotoGP champion Fabio Quartararo will race for Honda’s factory team in the 2027 season after signing a two-year deal, the manufacturer announced on Tuesday.The 27-year-old Frenchman joined Yamaha in 2019 and enjoyed the most successful spell of his career, claiming 11 race wins and 32 podium
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