Author: i2wtc
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.Dado Ruvic | ReutersShares of the enterprise artificial intelligence company C3 AI tumbled more than 20% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization.C3 AI said Friday that it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026, though those figures are unaudited, preliminary estimates. The company reported $87.2 million in revenue during the same period a year earlier.Thomas Siebel, C3 AI’s CEO, said in a statement that…
Listen to article Euro zone bond yields opened steady on Monday ahead of a week of major events, including a US-Russia summit on Ukraine peace and a deadline on a US-China trade truce, as market liquidity thins. US President Donald Trump and Russian President Vladimir Putin will meet on Friday in Alaska to try to broker peace in Ukraine. It will be the first in-person meeting between a US and Russian leader since former President Joe Biden met Putin in 2021. Meanwhile, a 90-day truce in the US-China trade war expires on Tuesday, with traders widely expecting the pause to be extended…
Michael Moritz, Sequoia CapitalScott Mlyn | CNBCRenowned venture capitalist Mike Moritz called on Intel to stand by CEO Lip-Bu Tan after President Donald Trump demanded his resignation last week.”Trump’s assault has no modern precedent,” Moritz wrote, calling the attack a “vindictive political sideshow.”Moritz, who spent decades at Sequoia Capital and has known Tan for nearly four decades, highlighted the CEO’s previous turnaround of Cadence Design Systems. Moritz said there is “no one better equipped to transform Intel’s fortunes.””Now the Intel board must decide whether to march to the beat of so many other corporate leaders and capitulate to the president’s…
California Gov. Gavin Newsom speaks during a news conference with Texas lawmakers at the Governor’s Mansion on July 25, 2025 in Sacramento, California. Justin Sullivan | Getty Images News | Getty ImagesCalifornia Gov. Gavin Newsom warned President Donald Trump on Monday that he will push to redraw his state’s congressional district maps if Trump does not call on Texas and other Republican-led states to end efforts to redraw their own districts.”You are playing with fire, risking the destabilization of our democracy, while knowing that California can neutralize any gains you hope to make,” the Democrat Newsom wrote in a letter…
People walk past an AMC theater in Manhattan, New York City, on Feb. 25, 2025.Jeenah Moon | ReutersShares of AMC Entertainment rose 8% in early trading Monday after the movie theater chain reported stronger-than-expected second-quarter results.The company posted revenue of nearly $1.4 million, up about 35% year over year and topping the $1.35 billion Wall Street estimate, according to LSEG.AMC reported a net loss of $4.7 million, or just 1 cent per share, notably narrower than the loss of $32.8 million, or 10 cents per share, the company reported in the second quarter of 2024.On an adjusted, per-share basis, AMC…
Listen to article The Pakistan Stock Exchange soared to a new record high on Monday, as optimism about potential US investment under a trade deal, alongside record remittances and strong corporate earnings, fuelled investor interest. The benchmark KSE-100 index gained 1,547.05 points, or 1.06%, to close at 146,929.84, driven by bullish sentiment in exploration and production (E&P) and banking sectors. Ahsan Mehanti of Arif Habib Corp commented that stocks closed at a new all-time high amid strong financial results and speculation about the positive outcome of finer details of US investment under the Pakistan-US trade deal. Record remittances of $3.2 billion in…
After four previous scrubs or delays in a row since August 7th SpaceX launches Amazon KF-02 Kuipeer Satellites after the 5th attempt August 11th 2025 at 8:35 AM SLC-40 Cape Canaveral, Brevard County, Florida USA.Scott Schilke| SipaUSA |APAmazon shipped another batch of internet-beaming satellites into orbit on Monday atop a SpaceX Falcon 9 rocket, after four previous launch attempts were interrupted by weather issues.Monday’s launch is the fourth Kuiper mission, and Amazon now has 102 satellites in orbit.The Falcon 9 rocket lifted off from Cape Canaveral, Florida, at 8:35 a.m. ET. Roughly an hour after launch, SpaceX confirmed all 24…
Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles.The investment comes on top of $3 billion already planned for a battery park in Michigan. Together the facilities will create or secure nearly 4,000 new jobs, Ford said in a news release.”We took a radical approach to a very hard challenge: Create affordable vehicles that delight customers in every way that matters – design, innovation, flexibility, space, driving pleasure, and cost of ownership – and do it with American workers,” Ford CEO Jim Farley said in the…
This photo taken on Aug. 11, 2025 shows a view of Shougang Park in Beijing, capital of China. The 2025 China International Fair for Trade in Services (CIFTIS) is scheduled to open on Sept. 10 at Shougang Park in Beijing. (Xinhua/Zhang Chenlin)This photo taken on Aug. 11, 2025 shows a view of Shougang Park in Beijing, capital of China. The 2025 China International Fair for Trade in Services (CIFTIS) is scheduled to open on Sept. 10 at Shougang Park in Beijing. (Xinhua/Zhang Chenlin)This photo taken on Aug. 11, 2025 shows a view of Shougang Park in Beijing, capital of China.…
Listen to article Anas Al Sharif, 28, was among a group of four Al Jazeera journalists and an assistant who were killed in an Israeli strike on a tent near Shifa Hospital in eastern Gaza City. An official at the hospital said two other people were also killed in the strike. Israel bombed the journalists’ tent in Gaza and deliberately assassinated the last remaining journalists, including @AnasAlsharif0 & @Mohamed_qraiqea, who have systematically and dutifully exposed and documented Israel’s genocide and starvation.Israel killed over 230… pic.twitter.com/nqiDZMfefF — State of Palestine (@Palestine_UN) August 10, 2025 Calling Al Sharif “one of Gaza’s bravest journalists,” Al…