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SAO PAULO, May 5 (Reuters) – slashed its 2026 core earnings forecast on Tuesday, as higher jet fuel prices driven by the conflict in the Middle East significantly increased costs despite mitigation measures. The Chile-based carrier cut its full-year adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) outlook to a range of $3.8 billion to $4.2 billion, from a previous forecast of $4.2 billion to $4.6 billion. Global airlines are contending with surging fuel prices since the U.S.-Israeli strikes on Iran disrupted traffic through the Strait of Hormuz, in the air travel industry’s worst crisis since the COVID-19 pandemic.…
Super Micro CEO Charles Liang speaks at the HumanX conference in Las Vegas on March 10, 2025.Big Event Media | HumanX | Getty ImagesSuper Micro Computer shares jumped 21% in extended trading on Tuesday after the server maker issued strong guidance, although revenue for its fiscal third quarter came in below estimates. Here’s how the company did in comparison with LSEG consensus:Earnings per share: 84 cents adjusted vs. 62 cents expectedRevenue: $10.24 billion vs. $12.33 billion expectedRevenue jumped 123% year over year in the quarter, which ended on March 31, according to a statement.Customer readiness caused delays in recognizing revenue…
A Federal Aviation Administration flag flies at the Orville Wright Federal Building which houses the FAA headquarters, in Washington, June 2025.Kevin Carter | Getty ImagesA Federal Aviation Administration employee in New Hampshire was arrested for allegedly threatening to kill President Donald Trump, whom he criticized for the war against Iran, the U.S. attorney’s office in Concord said Tuesday.Dean DelleChiaie, 35, who was arrested Monday, allegedly conducted internet searches on his government work computer in late January for terms that drew the attention of the U.S. Secret Service, according to the U.S. attorney’s office.Those subjects included “how to get a gun…
The LUCID logo is shown at the LA Auto show “AutoMobility LA” in Los Angeles, California, U.S. Nov. 20, 2025. Mike Blake | ReutersDETROIT — Lucid Group plans to take actions to better align its production with customer demand for its luxury all-electric vehicles, the company said Tuesday.The EV manufacturer said it needs to lower its “elevated inventory” of vehicles, which for automakers has historically meant lowering or idling vehicle production. A company spokesman on Tuesday told CNBC that there is currently no plan to idle its sole U.S. plant in Arizona, but declined to reconfirm the company’s prior production…
New York Times sued by US employment agency over diversity goals Source link
Google launched its big AI-fueled redesign of Google Home late last year, and it has been adding features here and there ever since. Today, the company announced a bigger update that might take care of some of your smart home woes. Camera feeds will be easier to navigate, and the AI event labeling should be more straightforward. The move to Gemini 3.1 for Home voice assistance should also mean the robot is less obtuse and more reliable. According to Google, Home users who have signed up for the early access channel should already have the update to Gemini 3.1. Google…
The Reform UK leader says the gift was “purely private” and “wasn’t political in any sense at all”. Source link
Dario Amodei, CEO and co-founder of Anthropic, left, and Jamie Dimon, CEO of JPMorgan Chase.Denis Balibouse | Reuters | Samuel Corum | Bloomberg | Getty ImagesAnthropic CEO Dario Amodei warned Tuesday that artificial intelligence has created a narrow window for the world’s tech firms, governments and banks to fix tens of thousands of software vulnerabilities found by his company’s latest model.That AI model, Mythos, was previewed last month along with the disclosure that it had unearthed decades-old vulnerabilities in crucial software.Since AI models from geopolitical adversary China are “maybe six to 12 months” behind the Anthropic product, there is “roughly…
Exclusive-Top Google scientist says EU data measures pose privacy risk for users Source link
Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty ImagesMicron’s historic rally continued on Tuesday, with shares of the memory maker surging 12%, lifting the company’s market cap past $700 billion for the first time. The stock is now up 125% this year and 700% in the past 12 months, pushing Micron into the top 10 most valuable U.S. tech companies.Demand for memory has surged as the artificial intelligence…