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Corning’s Harrodsburg facility in Harrodsburg, Kentucky, U.S. Aug. 7, 2025. Jon Cherry | ReutersShares of glassware maker Corning dove 12% on Tuesday after the company reported its second-quarter earnings, dragging down other optical component names in the artificial intelligence space.Despite the company posting a beat on the top and bottom lines, revenue forecasts for the current quarter fell below Wall Street’s consensus. The company expects core revenue to grow 16%, a range of $4.9 billion to $5 billion. Factset expected $5 billion.Corning reported earnings per share before the bell on Tuesday of 78 cents versus estimates of 76 cents. Revenue…
A SpaceX Falcon 9 rocket carrying Northrop Grumman’s Mission Robotic Vehicle (MRV) and Mission Extension Pods (MEPs) launches from Space Force Station’s Launch Complex 40 in Cape Canaveral, Florida, on July 21, 2026. Chandan Khanna | AFP | Getty ImagesThe Trump administration on Tuesday said it was moving to waive what it called “unnecessary environmental laws and regulations” to speed up the approval process for commercial space rocket launches and reentries.The proposed rule by the Federal Aviation Administration would be a boon for Elon Musk’s SpaceX and Blue Origin, founded by Jeff Bezos, as well as other rocket launch companies.…
Citi Sees Paylocity as Top Pick in HR Software Sector Source link
Staying out of trouble In a “best practices” document published by the Authors Guild, the professional organization urges writers to “respect your fellow authors and do not use generative AI to purposely copy or mimic the unique styles, voices, or other distinctive attributes of other writers’ works in ways that harm the value of their works or attempt to profit from them. Apart from the ethical issues, mimicking a fellow writer’s unique voice or style could subject you to claims of unfair competition or copyright infringement.” LLMs’ penchant for style mimicry has led to some prominent public issues in the…
Andy Beshear, governor of Kentucky and Senator Mitch McConnell (R-KY).KC McGinnis | Bloomberg | Nathan Posner | Anadolu | Getty ImagesKentucky Gov. Andy Beshear called on Sen. Mitch McConnell to publicly demonstrate that he remains capable of serving or resign, a day after McConnell’s office said the 84-year-old Republican senator was still not medically cleared to leave rehabilitation.”As Governor of the state you serve, I am calling on you to directly and verbally address the people of Kentucky and provide proof of your capacity to serve, or resign,” Beshear, a Democrat, wrote Monday.Beshear said McConnell could do so by releasing…
Top AI robotics stocks: NVDA, MU, AMD and TSLA compared Source link
Apple’s CEO Tim Cook and John Ternus, Apple’s next CEO, attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2026.Brendan McDermid | ReutersApple on Tuesday briefly hit a market capitalization of $5 trillion for the first time, a day after passing Nvidia to become the most valuable publicly traded company. Shares of the iPhone maker, which reports quarterly results on Thursday, have jumped 25% this year, outpacing its megacap peers. The stock reached a high of $342.89 on Tuesday before slipping a bit.While the hyperscalers —…
Several X users then prompted Grok to create “sexualised, intimate, grossly offensive, degrading, threatening, humiliating and/or discriminatory non-consensual images” of Asato, which were shared online, the documents said.After attempts to report some posts, X refused to remove them, stating in March they did not violate its terms of service, privacy policy or rules, it was said.Demetriou said while two videos were later removed, six of 21 posts reported in February were still live in late July.xAI has since said users would no longer be able to use the tool to generate sexualised images of real people. It has since become…
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022.Ting Shen | Bloomberg | Getty ImagesA coalition of 44 state attorneys general wrote in a letter to the Commodity Futures Trading Commission on Monday that the agency doesn’t have the power to regulate sports-related event contracts on prediction market platforms. The letter was sent as the public comment period for the CFTC’s first proposed rule on prediction market regulation expired Monday evening. The measure primarily focuses on exchanges’ sports offerings.”The Proposed Rule goes beyond the CFTC’s statutory powers, is in tension with the Constitution, and would otherwise be arbitrary and…
Ray-Ban maker EssilorLuxottica beats estimates as tariff refunds boost profit Source link