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Asia chips, AI stocks fall tracking Broadcom after mixed earnings Source link
Printed circuit boards sit underneath almost every chip, a necessity in nearly every electronic. They make up a quiet but crucial piece of the booming artificial intelligence market, and represent a growing problem for the U.S., because nearly all AI circuit boards, for Nvidia and others, are made in China. Circuit boards present all sorts of opportunities for adversaries to sneak through malicious components. That vulnerability has created national security concerns so significant that the U.S. Defense Department is requiring most of its purchases to come from the dwindling number of domestic factories. “Chips, substrates, PCBs represent multiple avenues of…
President of Finland Alexander Stubb is seen during a joint press conference with Lithuanian President Gitanas Nauseda (not in view) at the Presidential Palace.Sopa Images | Lightrocket | Getty ImagesHELSINKI, Finland — Finnish President Alexander Stubb has outlined his vision for a much larger European Union, saying the 27-nation bloc needs to “think big” and seize the moment to project power on the global stage.Speaking at an energy conference in the Finnish capital on Wednesday, Stubb said the EU should push to increase its membership to 40 states and named the U.K., Canada, Turkey, Norway and Iceland as potential candidates…
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesShares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector. Other Asian tech giants also saw their share prices fall.While the Japanese investment giant recently overtook Toyota Motor as Japan’s most valuable company, there are market concerns over SoftBank’s high-risk bets on AI, even as its share price has risen about 70%…
A leaner, more focused Honeywell Aerospace projects strong growth after spinoff Source link
There’s a lot that doesn’t add up in a security advisory password manager Dashlane published Monday, warning that attackers managed to obtain 20 encrypted user vaults. “Starting on Sunday, May 31, 2026, an external party launched a brute force attack against certain Dashlane user accounts,” the company said. “The goal of the attack was to brute-force two-factor authentication (2FA) protections to allow the attacker to register new devices on existing user accounts.” Hello, Dashlane, anybody home? A Dashlane user who received such a 2FA request provided this screenshot of the notification, which arrived on Sunday. The UK-based user was concerned…
Cochliomyia hominivorax, the New World screw-worm fly, or screw-worm for short, is a species of parasitic fly that is well known for the way in which its larvae (maggots) eat the living tissue.Lidya Elfa Sari | Istock | Getty ImagesA New World screwworm has been detected in a bovine located in Zavala County, Texas, the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said. A three-week-old calf was affected, with larvae were identified in its umbilical area, according to a press statement on Wednesday, adding that there are no further detections to date. “USDA invested heavily in the tools…
Sunshine Silver Mining raises $270 million in US IPO Source link
CrowdStrike narrowly beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday, but shares slid 10% following the report.Here’s how the company did versus LSEG estimates:Earnings per share: $1.10 adjusted vs. $1.07 expectedRevenue: $1.39 billion vs. $1.36 billion estimateThe cybersecurity company said revenue grew 26% from a year ago. Net income totaled about $27.8 million, or 11 cents per share. That’s up from a net loss of $104.3 million, a loss of 42 cents per share, last year. CrowdStrike also announced a four-for-one stock split effective in July. Shares closed at $747.61 on Wednesday.CEO George Kurtz said the company…
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | ReutersSoftBank’s ascent to becoming Japan’s most valuable company has put the spotlight on the conglomerate, raising questions whether it is taking on too much risk through its highly leveraged bet on artificial intelligence.Shares of the Japanese technology investment giant, led by founder Masayoshi Son, have surged about 70% this year on investor enthusiasm over AI, buoyed by the soaring valuation of chip designer Arm Holdings and expectations that OpenAI could see a blockbuster initial public offering this year. The rally helped SoftBank dethrone…