This week has been a roller coaster ride in the technology and AI industry. From record revenues to major deals and legal victories, the week was packed with remarkable events. Here’s a quick summary of the top stories that made headlines. NVIDIA’s fourth-quarter earnings: a record quarter NVIDIA company announced fourth-quarter financial results last Wednesday, […]
Pacific Union (NYSE: UNP) and Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Shares are rising on Wednesday after the companies struck a deal for the largest investment in locomotive modernization in the history of the rail industry. The companies struck a deal for $1.2 billion to modernize the railroad’s AC4400 locomotives. Details This agreement, signed in […]
Elon Musk‘s rocket company SpaceX has secured new contracts worth $739 million from the US Space Force for several military launches. Nine task orders have been issued by the U.S. Space Force’s Space Systems Command (SSC) under the latest National Security Space Launch (NSSL) Phase 3 Lane 1. These directives are intended to strengthen the […]
Donald Trump Jr. linked Unusual machines Inc. (NYSE:UMAC) has won its largest Pentagon contract to date. View the current price of UMAC shares here. Allen EvansCEO of the drone and components manufacturer, told the Financial Times that Trump Jr. “did not advise or do anything else on this deal”. “Don has never communicated with anyone […]
Planet Labs (NYSE:PL) traded higher Tuesday as the Earth imaging company teased “game-changer” news on PL stock is building positive momentum. View the data here. On X, Planet hinted on an upcoming announcement – “Tomorrow’s news will be a game-changer. Don’t blink – you might miss it!” In a separate press release, the company said […]
Four former Intel directors, including former American trade representative Charlene barsefsky and former FCC chair Reed Hundthave been summoned Intel Corp. Intc To go privately while the company is struggling to regain its foot in the global semiconductor market. Writing FortuneThey argued that the conglomerate structure of Intel is outdated and that the separation of […]