Super Micro Computer’s stock took a major hit after reporting disappointing first-quarter earnings. Revenue fell 15% to $5 billion while net income dropped by more than half. The server maker had previously warned investors about the weak results.
Microsoft’s first in-house AI image generator is now live in Copilot with no waitlists. The model, called MAI-Image-1, specifically targets photorealistic outputs and fixes common AI art flaws like messed-up hands. Early users are calling it a huge improvement over previous systems.
Fossil fuel leaders are celebrating what they call a “big shift” in energy discussions. At the ADIPEC conference in Abu Dhabi, OPEC’s secretary-general said the conversation has moved from eliminating fossil fuels to a “balanced approach” that includes them long-term.
Amazon has slashed the price of Lenovo’s ThinkPad E16 G2 from $1,299 to just $899, marking an all-time low. This isn’t a refurbished unit but a brand-new configuration with premium specs including 32GB DDR5 RAM and 1TB SSD. The Ryzen 7 processor and business-grade security make this a rare value pro
Beta Technologies successfully debuted on the NYSE, raising $1 billion and closing at $36 per share. The Vermont-based electric aviation company priced above its expected range and took an unconventional path to going public, bypassing traditional venture capital.
Palantir Technologies saw its stock skyrocket nearly 2,000% from its $10 opening price over five years. The company reached a staggering $493 billion market cap before Tuesday’s post-earnings selloff sent shares tumbling from above $200.
Norges Bank Investment Management, which holds a 1.16% stake in Tesla, announced it will reject Elon Musk’s potentially trillion-dollar pay package. The fund cited concerns about the award’s size, dilution effects, and key person risk management.
Cisco is centralizing its customer experience services around artificial intelligence. The company’s new Cisco IQ platform aims to replace fragmented tools with a unified intelligence system. This represents a major shift in how enterprises manage their network infrastructure and services.
U.S. Steel has detailed its massive $11 billion investment strategy through 2028 under new owner Nippon Steel. The plan focuses on modernizing century-old facilities while protecting American jobs and reducing emissions.
Google is developing space-based AI data centers called Project Suncatcher. The company plans to launch prototype satellites with TPUs by early 2027 and believes orbital data centers could become economical by the mid-2030s when launch costs drop dramatically.
