Author: i2wtc

AeroVironment stock rocketed more than 24% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom lines.Here’s how the company did compared to analyst expectations:Earnings: $1.61 per share adjusted vs $1.39 per share expectedRevenue: $275 million vs $242 million expectedThe company reported financial results after market close Tuesday but shares skyrocketed Wednesday morning as CNBC’s Jim Cramer called it “the Palantir of hardware” on “Squawk on the Street.”The company logged record fiscal year revenue of $820.6 million, up 14% over the prior period.AeroVironment reported net income of $16.66 million for the fourth quarter, or 59…

President Donald Trump on Wednesday doubled down on his claim that U.S. bomb strikes completely destroyed Iran’s nuclear program, and he bristled at the attention being paid to an initial American intelligence report that suggests otherwise.”It’s been obliterated, totally obliterated,” Trump said of the Iranian nuclear site at Fordo during a press conference, before he departed a NATO summit in The Hague, Netherlands.A preliminary U.S. intelligence assessment, however, found that America’s airstrikes on three Iranian nuclear sites did not completely destroy those facilities.Rather, the U.S. bombings likely set Iran’s nuclear program back by a few months, not years, according to…

Listen to article US airstrikes did not destroy Iran’s nuclear capability and only set it back by a few months, according to a preliminary US intelligence assessment, as a shaky ceasefire brokered by US President Donald Trump took hold between Iran and Israel. Earlier on Tuesday, both Iran and Israel signaled that the air war between the two nations had ended, at least for now, after Trump publicly scolded them for violating a ceasefire he announced at 0500 GMT. As the two countries lifted civilian restrictions after 12 days of war – which the US joined with an attack on Iran’s uranium-enrichment…

Artistgndphotography | E+ | Getty ImagesRepublic, a New York-based investment startup, is offering users exposure to SpaceX by issuing a “tokenized” representation of its shares.The company will begin selling the digital tokens this week and eventually plans to expand the offering to other private companies like artificial intelligence darlings OpenAI and Anthropic, as well as Stripe, X, Waymo, Epic Games and more. The Wall Street Journal first reported the story Wednesday.”We’re talking about delivering products to retail investors that they’ve have been held out of previously,” Republic co-CEO Andrew Durgee told CNBC. “The fact that retail investors couldn’t own pre-IPO…

U.S. President Donald Trump speaks during a press conference, at the NATO summit in The Hague, Netherlands, June 25, 2025.Brian Snyder | ReutersU.S. President Donald Trump on Wednesday said Spain’s refusal to meet the NATO defense spending target of 5% of gross domestic product will mean a tougher trade deal for the southern European country.Speaking at a news conference at NATO’s annual summit in the Netherlands, Trump said it was “terrible” that Spain wouldn’t commit to meeting the target by 2035.”You know they are doing very well. The economy is [doing] very well. And that economy could be blown right…

Houses undergo construction in a neighborhood on April 17, 2025 in Austin, Texas. Brandon Bell | Getty ImagesSales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally-adjusted, annualized basis, according to the U.S. Census. That sales total was 6.3% lower than May 2024 and well below both the 6-month average of 671,000 and the one-year average of 676,000. It also lags the pre-pandemic average in 2019 of 685,000 units sold. Wall Street analysts were expecting May new home sales of 695,000, according to estimates from Dow Jones. This count is based on…

Listen to article Four people were killed and four others were injured in a roadside bomb blast on Wednesday in the Sharamkhel area of Pewar, Parachinar, in Upper Kurram district of Khyber Pakhtunkhwa (K-P), police said. District Police Officer (DPO) Malik Habib confirmed the casualties and said a police team had launched an investigation at the site of the explosion. The deceased were identified by officials at Parachinar District Headquarters (DHQ) Hospital as Nawab Ali, Amir Hussain, Hidayat Hussain and Manzar Ali. Medical Superintendent Mir Hassan Jan said the injured — Muhammad Konain, Shafaat Hussain and Hassan Ghulam — were given first aid…

Giant panda Can Can has fun with its cub at the Shenshuping giant panda base of Wolong National Nature Reserve in southwest China’s Sichuan Province, March 28, 2025. (Xinhua/Xu Bingjie)CHENGDU, June 25 (Xinhua) — The China Conservation and Research Center for the Giant Panda (CCRCGP) said its Shenshuping Base in southwest China’s Sichuan Province had welcomed the year’s first giant panda cub born in captivity.The cub was delivered at 11:50 p.m. on June 21 to Linglang, a first-time mother, following a successful natural mating with male panda Yaxing in early March.”Seven-year-old Linglang demonstrated strong maternal instincts,” said Wu Honglin, deputy…

Listen to article QUETTA: In a tragic incident, at least six people lost their lives and more than ten others sustained injuries when a passenger bus suddenly caught fire near the Western Bypass in Quetta, the provincial capital of Balochistan. Rescue teams rushed to the site and shifted the injured to nearby hospitals for urgent medical treatment. According to eyewitnesses, the fire broke out during the journey, causing panic and chaos among the passengers. Rescue personnel managed to save several individuals through prompt action, but unfortunately, six individuals succumbed to their injuries. The Balochistan government expressed deep sorrow over the tragic incident…

Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Justin Sullivan | Getty ImagesAmazon’s Ring video doorbell division is rolling out AI-generated notifications alerting users to unusual or suspicious activity around their home, the company said Wednesday.The tool uses artificial intelligence to generate text summaries of motion activity captured by Ring doorbells and cameras, which are then displayed as a phone notification. The summaries describe only the main subject that triggered the alert and are “intentionally concise” so that users can quickly discern whether it’s urgent, Ring said.The feature is rolling…