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There is no denying that waking up Thursday morning to the post-earnings declines in CrowdStrike and Broadcom is painful. It was also painful to see a similar sell-off in Palo Alto Networks in the prior session. In fact, Palo Alto stock is now riding a three-session losing streak. Ultimately, all three companies reported solid quarterly results and forward guidance, and Wall Street analysts largely increased their price targets. We did, too. However, all three ran hot into their prints, and “solid” was not nearly good enough to meet the lofty expectations of an investor base that is looking for the…
Sr Keir Starmer urges regional mayors to use their powers to move projects forward. Source link
The exterior of Verizon and AT&T stores, Coconut Grove, Miami, Florida. Jeff Greenberg | Universal Images Group | Getty ImagesThe U.S. Supreme Court backed the Federal Communications Commission’s system for levying fines, ruling on Thursday against wireless carriers AT&T and Verizon in their challenge to the agency and handing a win to President Donald Trump’s administration.The ruling was 8-1. At issue in the legal dispute was whether the agency’s in-house proceedings for imposing the penalties deprived the companies of their right to a jury trial under the U.S. Constitution. Trump’s administration defended the FCC’s system for assessing financial penalties, known…
Morocco stocks lower at close of trade; Moroccan All Shares down 0.00% Source link
The age of robotaxis, long the preserve of science fiction, is now a reality, at least in a handful of American cities. It took just over a decade to get from the DARPA Grand Challenges to the start of Waymo’s commercial service in California, albeit initially with a safety driver on board. Proponents of the technology, which has attracted at least $100 billion in investment, say robotaxis will be safer than human-driven vehicles. And last year, Waymo’s data showed its cars were involved in many fewer crashes than human drivers, with much lower insurance claims, although recent issues with school…
Former U.S. National Security Advisor John Bolton leaves federal court after pleading not guilty to charges of mishandling classified material on Oct. 17, 2025 in Greenbelt, Maryland. Bolton was indicted by a federal grand jury on Thursday.Alex Kent | Getty ImagesJohn Bolton, who previously served as national security advisor to President Donald Trump, has agreed to plead guilty to retaining classified information in a private diary, MS NOW reported Thursday.Bolton, who is a strong critic of Trump, faces a sentence of up to 60 months in jail and a fine of $2.25 million as part of a plea deal with…
Aerial view of yachts moored in the Port Vell marina of Barcelona, SpainBusà Photography | Moment | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Soaring stock markets created nearly 2 million new millionaires around the world last year, with the ultra rich seeing the strongest growth, according to a new study.The population of global millionaires surged 7.9% to 25.3 million in 2025, according to the Capgemini World Wealth Report. Their total wealth increased by 8.7%…
US Supreme Court backs SEC in fight over ’disgorgement’ power Source link
Unitree Robotics humanoids dance on May 31, 2026, in Shanghai, for the opening of Asia’s first embodied intelligence experience store. Jade Gao | Afp | Getty ImagesSoftbank CEO Masayoshi Son told CNBC this week that physical AI and robotics were where he saw the next trillion-dollar company emerging from.Humanoid robots, designed to mimic human movement and capabilities, have been hitting headlines in recent years, from their use as baggage handlers at Japanese airports to Tesla’s big bet on its Optimus humanoid.Market watchers have predicted that the machines will change the world over the next decade and forecast that the industry…
BBC News NI looks at the messy split between current UUP Leader Jon Burrows and former leader, Doug Beattie. Source link