Author: franperez66q@protonmail.com
Meta Platforms unveiled a flurry of AI initiatives this month — from lower-cost smart glasses and an enterprise tool for businesses to plans to build a prediction-markets app and a key partnership with Qualcomm to bolster its computing power. But none of it has seemed to connect with investors. The social media giant’s stock remains one of the worst-performing mega-cap stocks this year, down more than 17%. Among the “Magnificent Seven,” only Microsoft has done worse, down 26%. Wall Street analysts say the reason is simple: Investors are no longer judging Meta by how much AI-related stuff it can create;…
Available for over a yearKatya Adler speaks to Michel Barnier who served as the EU’s chief Brexit negotiator, on the 10th anniversary of the highly consequential referendum. On 23 June 2016, the British public went to the polls to decide its future with the European Union. An unusually high number of people voted, and by 52% to 48%, the decision was to leave the bloc. Barnier, then a European Commissioner who had served as a minister in a number of French governments, represented the EU at negotiations to help agree the terms of the UK’s departure and future relationship. It…
OpenAI hasn’t yet held pre-IPO meetings to discuss potential pricing and demand, or outlined an official timeline for the listing, according to people familiar with the company’s plans.Those meetings to test the waters with investors will likely start once the artificial intelligence company has a better sense of timing, said the people, who asked not to be named because the details are not public. OpenAI said it confidentially filed its prospectus with the Securities and Exchange Commission earlier this month, a promising signal for investors who are eager to jump into AI. But the company has repeatedly tried to temper expectations…
Prediction market platform Polymarket tops $1 billion in annualized revenue, source says Source link
Nearly a month has passed since the New Glenn rocket exploded on its launch pad in Florida, creating a massive fireball. It was likely the largest ever rocket explosion at the historic Florida spaceport, and we are still dealing with its implications today. The rocket’s explosion took out its only launch pad, LC-36A. So even if Blue Origin can quickly diagnose the cause of the failure, it has nowhere to launch the New Glenn rocket from. Company officials, including founder Jeff Bezos, have said the vehicle will return to flight at LC-36A before the end of this year, though there…
U.S. President Donald Trump delivers remarks during a visit to a Mack Trucks’ assembly plant, in Macungie, Pennsylvania, U.S., June 23, 2026. Evelyn Hockstein | ReutersPresident Donald Trump on Friday threatened to impose a “100% TARIFF” on the goods of any country that imposes a digital services tax on U.S. companies.”This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not,” Trump wrote in a Truth Social post.Trump has previously vowed to retaliate against countries that impose digital taxes, claiming they unfairly target U.S. tech giants. Last year, Trump vowed to cut off all trade talks…
US President Donald Trump speaks during a dinner with American farmers in the Rose Garden of the White House in Washington, DC, US, on Thursday, June 25, 2026. Aaron Schwartz | Bloomberg | Getty ImagesPresident Donald Trump on Friday accused Iran of violating a ceasefire agreement with the United States by launching attack drones at ships passing through the Strait of Hormuz, including a cargo vessel that was struck off the coast of Oman on Thursday.”The Islamic Republic of Iran shot at least four One Way Attack Drones at Ships transversing the Strait of Hormuz,” Trump wrote in a Truth…
Spain stocks lower at close of trade; IBEX 35 down 0.45% Source link
ON Semiconductor CEO Hassane El-Khoury defended the company’s core business as shares tanked 20% after announcing its largest acquisition to capitalize on physical artificial intelligence.The maker of power and sensing components for the automotive industry on Thursday announced plans to buy edge AI and wireless connectivity solutions company Synaptics in an all-stock deal. The pivot into physical AI grows its addressable market by an additional $30 billion, or $243 billion, by 2030, On Semiconductor said in a release.”That is the strategic value of it, complementary to everything we have done on a very strong foundation,” El-Khoury told CNBC’s “Squawk on…
The Green Party of England and Wales has been forced to return a donation made by its leader Zack Polanski because it was considered to be impermissible.Under UK electoral law parties can only accept money from people on the UK electoral register. Impermissible donations must be returned within 30 days.As first reported in The Financial Times,, external Polanski gave £1,539.45 to the party in September last year, shortly after he was elected leader, but it was not returned until 10 June this year.Deputy Green Party leader Rachel Millward told the BBC Polanksi had not been on the electoral register because…