SoftBank Group shares plummeted 10% on Wednesday, wiping $13.1 billion from founder Masayoshi Son’s fortune. The drop reflects broader concerns about AI stocks failing to meet sky-high expectations as the tech rally shows signs of fatigue.
European banks are pushing back against the ECB’s digital euro plans, arguing the project duplicates private payment solutions without clear consumer benefits. Lawmakers are also calling for a scaled-down version of the initiative scheduled for 2029 launch.
The Milky Way isn’t the serene spiral we imagined. New research reveals our galaxy’s disk is rippling like a pond after a stone was thrown in, with stars moving in a coordinated vertical wave pattern that spans thousands of light-years. This cosmic disturbance was likely triggered by the Sagittarius
Littelfuse just dropped a clever solid-state relay that could change how we power smart thermostats and building controls. The CPC1601M harvests operating power directly from the load it’s switching, potentially eliminating batteries entirely in space-constrained applications.
Researchers are combining AI-powered early detection with revolutionary immune therapies that rejuvenate aging immune systems. This approach could fundamentally change how we treat and prevent cancer recurrence.
GridBeyond just launched its Designer platform in the Southwest Power Pool to help energy asset owners maximize revenue and optimize operations. The AI-powered tool analyzes market data and project configurations to identify optimal strategies. It’s the latest move in a rapidly evolving renewable en
Pinterest shares dropped as much as 15% following disappointing Q3 earnings and weak forward guidance. The company missed on earnings per share and provided Q4 revenue projections below Wall Street expectations, despite reaching 600 million monthly active users.
Beta Technologies soared in its public market debut, raising $1 billion and closing at $36 per share. The Vermont-based electric aviation company defied conventional startup wisdom by avoiding Silicon Valley and venture capital. Now they’re focused on FAA certification for their electric aircraft li
Apple is making its Communication Safety and web filtering features default for teenagers 13-17. The move closes a gap that left many teens unprotected unless parents manually activated safety settings.
Nestlé is overhauling its enterprise software to set the stage for AI and automation capabilities. The upgrade comes as the company plans to eliminate 16,000 positions globally over the next two years.
