Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
Oil prices fall sharply after Trump says China can buy oil from Iran FILE PHOTO: An Israeli gas platform, controlled by a U.S.-Israeli energy group, is seen in the Mediterranean sea, some 15 miles (24 km) west of Israel’s port city of Ashdod, in this file picture taken February 25, 2013. Amir Cohen | Reuters…
US President Donald Trump (L), backdropped by Turbines at the European Offshore Wind Deployment Centre, also known as the Aberdeen Bay Wind Farm, walks on the first fairway after playing off the first tee to officially open the Trump International Golf Links course in Balmedie, Aberdeenshire, north east Scotland on July 29, 2025. Brendan Smialowski…
A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed, its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian markets have been rattled by the Iran war, with foreign investors fleeing and valuations slipping to rare lows. But fund managers…
Check out the companies making headlines in midday trading: Nvidia — The chipmaker fell nearly 2%, reversing earlier gains after it reported fiscal third-quarter results that were well above expectations. Nvidia’s fourth-quarter revenue guidance was also stronger than analysts anticipated. As Nvida’s stock faltered a number of other AI trades fell as well including Palantir…
People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025. Spencer Platt | Getty Images Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it’s far from alone in that view among its Wall Street brethren. Despite investors’ embrace of…
Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes. Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players. “They may say they don’t…
Amin Vahdat, VP of Machine Learning, Systems and Cloud AI at Google, holds up TPU Version 4 at Google headquarters in Mountain View, California, on July 23, 2024. Marc Ganley Google ‘s AI infrastructure boss told employees that the company has to double its serving capacity every six months in order to meet demand for…
US Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. speaks about the sending of warning letters to companies for illegally marketing products containing 7-hydroxymitragynine, also known as 7-OH, as part of their actions combatting opioids, during a press conference at HHS headquarters in Washington, DC, on July 29, 2025. Saul Loeb | Afp…
