Tag: technology
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AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
Dronemaker AeroVironment’s autonomous system revenue beat expectations by $90 million and its backlog continued to grow.
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Alphabet stock pops 4% on Dow debut, but the tech giant faces major AI questions
Alphabet shares rose Monday as the company joined the Dow, but the blue-chip milestone comes as the stock remains under pressure.
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SpaceX’s $25 billion bond sale drives huge demand – and a potential headache for investors
SpaceX’s $25 billion debt sale drew heavy demand, but analysts warn of capital spending, refinancing and investor concentration risks.
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The AI boom is colliding with a new threat: severe weather
Heatwaves and severe weather are raising risks for AI data centers, from grid strain to higher insurance and repair costs.
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Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO
Baidu’s Hong Kong-listed shares rose over 6% amid reports that its AI chip unit Kunlunxin is targeting a $50 billion initial public offering in the city.
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Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans
Shares of Samsung Electronics and SK Hynix plunged after reports surfaced that the pair are expected to unveil investment plans worth hundreds of billions of dollars.
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Israel formally recognises Armenian World War I ‘genocide’
“A historic decision: the Israeli government has unanimously approved Foreign Minister Gideon Saar’s proposal to recognise the Armenian genocide,” the foreign ministry said. The cabinet’s decision must still be ratified by parliament.
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France: 11 killed in civilian plane crash near Nancy
Police urged the public to stay away from the area around Tomblaine airport. The aircraft was reportedly carrying skydivers. #EuropeNews
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Ukrainian forces strike two oil refineries in Russia
Ukraine’s air force said local air defences had shot down six Russian ballistic missiles, one anti-ship missile and 125 drones overnight. #EuropeNews
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Video. Algerians celebrate as dramatic draw seals World Cup knockout spot
Video. “We wanted to take our revenge against Austria”: Algeria fans react in Algiers after the draw against Austria secured the Fennecs’ place in the World Cup round of 32.
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