Author: Admin
Palantir’s technology gives the West a critical edge in Middle East, CEO Alex Karp says
Palantir CEO Alex Karp told CNBC on Thursday that artificial intelligence is giving the U.S. and its allies an edge in the escalating conflict in Iran and across the Middle East. “What makes America special right now is our lethal capacities, our ability to fight war,” Karp said at Palantir’s AIPcon 9 in Maryland. He added that […]
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Sam Altman faced ‘serious questions’ in meeting with lawmakers about OpenAI’s defense work
OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026 in Washington, DC. Anna Moneymaker | Getty Images OpenAI CEO Sam Altman met with a handful of lawmakers in Washington, D.C. where Sen. Mark Kelly, D-Ariz., said he raised some “serious questions” about the company’s approach to warfare and its recent […]
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Warren calls on State Department to provide more aid to Americans stuck in Middle East
Sen. Elizabeth Warren (D-MA), accompanied by Sen. Angus King (I-ME) (L), speaks as United States Northern Command and North American Aerospace Defense Command (USNORTHCOM) Commander Gen. Gregory Guillot, Principal Deputy Assistant Secretary of Defense for Homeland Defense and Americas Security Affairs Mark Ditlevson, and Department of War Principal Deputy General Counsel Charles Young III, appear […]
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Stocks making the biggest moves after hours: Adobe, Ulta Beauty, Lennar & more
Check out the companies making headlines in after-hours trading. Ulta Beauty — Ulta shares dropped 8% after the beauty products retailer reported weak earnings results . For its fourth quarter, Ulta posted earnings of $8.01 per share, falling short of the $8.03 per share that analysts polled by LSEG were expecting. The retailer’s revenue of […]
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Adobe CEO Shantanu Narayen says he will step down after company installs successor
Adobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the design software company’s chair. Shares tumbled 7% in extended trading. Narayen joined Adobe in 1988 as a vice president and general manager, and he became CEO in 2007. Under Narayen, Adobe pushed from software licenses […]
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Bosa/Wu: Private equity is about to eat its own software portfolio
Editor’s note: The following article is a commentary on some of the top trends in technology and its broader impact. The technology to disrupt enterprise software already exists. What’s been missing is the forcing function. A potential tie-up between artificial intelligence and private equity could be exactly that. The Information reported Wednesday that Anthropic is […]
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EV maker Lucid reveals plans for robotaxi, positive free cash flow late this decade
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC NEW YORK — Lucid Group expects to be cash flow positive late this decade as it plans to grow its vehicle lineup and significantly increase its software and technology offerings, the all-electric vehicle maker announced […]
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WNBA players say they’re ‘feeling movement’ as league, union push toward landmark CBA
A general view of the WNBA logo on the court before a WNBA game between the Atlanta Dream and the Connecticut Sun on Sept. 1, 2025, at Mohegan Sun Arena in Uncasville, CT. Erica Denhoff | Icon Sportswire | Getty Images The Women’s National Basketball Association and its Players Association are inching closer to a […]
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Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as ‘militarily possible,’ Bessent tells Sky News
The U.S. Navy will begin escorting ships through the Strait of Hormuz as soon as “militarily possible,” Treasury Secretary Scott Bessent told Sky News on Thursday. “That was always in our planning, that there’s the chance that the U.S. Navy or perhaps an international coalition will be escorting oil tankers through,” Bessent said in that […]
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Markets hopes for Fed interest rate cuts are rapidly fading away
Key Points As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders have taken even a September cut off the table and now see only one coming, in December. There are no additional cuts priced in until well into 2027 or even into the early part of […]
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