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Lockheed Martin unveils lower-cost Patriot ACE interceptor as global air defence demand accelerates
InvestorsHub16d agoneutral
Lockheed Martin unveils lower-cost Patriot ACE interceptor as global air defence demand accelerates

Lockheed Martin (NYSE:LMT) has introduced a lower-cost Patriot interceptor designed to help armed forces strengthen air-defence capabilities while reducing procurement costs, as governments seek affordable solutions to counter drones and missile threats. The company said its new PAC-3 Adapted Capability Effector (ACE) interceptor is expected to cost less than half the price of its existing PAC-3 MSE missile, which is estimated at around $4 million per interceptor according to U.

Mercedes Benz (XTRA:MBG) Unveils CLA 250 Plus To Take On Tesla Model 3
Simply Wall St.16d agoneutral
Mercedes Benz (XTRA:MBG) Unveils CLA 250 Plus To Take On Tesla Model 3

Mercedes-Benz Group (XTRA:MBG) has unveiled the revamped CLA 250+, a new luxury electric vehicle. The CLA 250+ is positioned as a direct competitor to Tesla's Model 3 in the premium EV segment. The model features an updated design, extended driving range, and a suite of advanced technologies. Mercedes-Benz Group is using the CLA 250+ to reinforce its presence in the growing luxury EV space, where established automakers and pure-play EV companies are competing for market share. The model...

Alibaba (NYSE:BABA) Launches Qwen3.8 Max As Moonshot Widens AI Developer Access
Simply Wall St.17d agoneutral
Alibaba (NYSE:BABA) Launches Qwen3.8 Max As Moonshot Widens AI Developer Access

Alibaba Group Holding (NYSE:BABA) has introduced its flagship Qwen3.8 Max AI model, presented as competitive with leading global systems and intended for open-weight release. Moonshot AI, supported by Alibaba, has launched its Kimi-K3 model, which is reported to outperform some U.S.-based models on coding benchmarks. Both Alibaba and Moonshot AI are taking steps to widen access for developers, aiming to attract broader adoption of their AI technology. Alibaba is best known for its...

Bloomberg17d agoneutral
Alibaba’s Qwen Unveils Preview of Flagship AI Model

(Bloomberg) -- Alibaba Group Holding Ltd. launched a preview version of its flagship Qwen3.8 Max model, which it described as comparable to leading frontier AI models and second only to Anthropic PBC’s Fable 5.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseTwo US Troops

Iridium (IRDM) Launches A New Chip For GPS Spoofing And Jamming Risks
Simply Wall St.17d agoneutral
Iridium (IRDM) Launches A New Chip For GPS Spoofing And Jamming Risks

Iridium Communications launched a first to market PNT ASIC chip designed to counter GPS and GNSS spoofing and jamming. The chip targets critical sectors such as aviation, maritime, telecommunications, and financial services where resilient timing and location data are essential. This commercial release brings Iridium's satellite capabilities directly into hardware used by major integrators globally. For investors tracking Iridium Communications (NasdaqGS:IRDM), this chip launch sits...

Interactive Brokers (IBKR) Launches Expanded Crypto Access With Stablecoin Transfers
Simply Wall St.17d agoneutral
Interactive Brokers (IBKR) Launches Expanded Crypto Access With Stablecoin Transfers

Interactive Brokers Group (NasdaqGS:IBKR) has expanded its cryptocurrency offerings with new token listings. The company has introduced funding and withdrawal via stablecoins, allowing near-instant 24/7 transfers for client accounts. The move advances IBKR's role in digital assets within the broader brokerage and trading platform market. Interactive Brokers Group sits at the crossroads of traditional brokerage services and digital assets, offering access to a wide range of markets on a...

AMD (AMD) Stock Faces Fresh AI Pressure After China Unveils Kimi K3
Simply Wall St.18d agoneutral
AMD (AMD) Stock Faces Fresh AI Pressure After China Unveils Kimi K3

China’s Moonshot Kimi K3 AI model, described as the largest open AI model so far, has been launched and is positioned as a lower cost alternative that scores strongly on coding benchmarks. The announcement has raised questions about US leadership in AI technology and added pressure to US chip stocks, including NasdaqGS:AMD. The development highlights changing competitive pressures for global semiconductor and AI hardware suppliers. For AMD, which sells CPUs and GPUs that are used in AI...

S&P Global (SPGI) Launches ETF Intelligence As LNG Study Points To Export Shift
Simply Wall St.18d agoneutral
S&P Global (SPGI) Launches ETF Intelligence As LNG Study Points To Export Shift

S&P Global Market Intelligence has launched ETF Intelligence, a new platform focused on exchange traded fund data and analytics. The company has also released an S&P Global Energy study projecting U.S. LNG to become the nation's second largest net export industry within five years. Both developments signal an expansion of S&P Global's role in ETF analytics and energy market research that may influence how investors view NYSE:SPGI. S&P Global, trading on the NYSE under the ticker SPGI, is...

Wells Fargo (WFC) Launches AI Teammate For Financial Advisers
Simply Wall St.18d agoneutral
Wells Fargo (WFC) Launches AI Teammate For Financial Advisers

Wells Fargo (NYSE:WFC) has launched "AI Teammate", an AI-powered chat tool for its Advisor Gateway platform. The tool is designed to support financial advisers by streamlining research, client communication, and workflow tasks. This rollout reflects Wells Fargo's focus on digital transformation within its wealth and advisory business. For investors watching how large banks apply new technology, Wells Fargo is putting AI directly into the hands of its financial advisers. The AI Teammate tool...

CoreWeave (CRWV) Explores Chip Hedges As It Launches $2.6 Billion GPU Loan
Simply Wall St.18d agoneutral
CoreWeave (CRWV) Explores Chip Hedges As It Launches $2.6 Billion GPU Loan

CoreWeave (NasdaqGS:CRWV) is exploring the use of financial derivatives to manage memory chip price risk tied to its long-term supply contracts. The company has launched a US$2.6b term loan to fund additional GPU purchases as it expands its AI infrastructure footprint. CoreWeave focuses on cloud infrastructure tailored for AI workloads, where access to GPUs and high bandwidth memory is a key input cost. The move to consider derivatives for memory chip pricing sits alongside long-term...

Should 3M’s (MMM) Azure AI Optics Partnership With Microsoft Prompt a Rethink for Investors?
Simply Wall St.19d agobullish
Should 3M’s (MMM) Azure AI Optics Partnership With Microsoft Prompt a Rethink for Investors?

On July 15, 2026, 3M Company announced a partnership with Microsoft in which Azure will be the first hyperscale cloud to deploy 3M’s Expanded Beam Optical technology in its AI-focused data centers, while 3M adopts Microsoft’s AI and digital platforms across core business functions. This collaboration highlights how 3M is pairing its materials science and optical connectivity strengths with Microsoft’s cloud infrastructure to support AI infrastructure growth and modernize 3M’s internal...

Teucrium Launches TPMT, a New Physical Gold ETF With a 0.24% Fee
24/7 Wall St.19d agoneutral
Teucrium Launches TPMT, a New Physical Gold ETF With a 0.24% Fee

Teucrium just rode into the crowded physical gold ETF market waving a Texas flag, but whether its Y'all Street branding and competitive fee structure can win investors away from entrenched giants with years of history is a very different question.

Morgan Stanley (MS) Launches Spot Crypto Trading On ETrade For Retail Investors
Simply Wall St.19d agoneutral
Morgan Stanley (MS) Launches Spot Crypto Trading On ETrade For Retail Investors

Morgan Stanley (NYSE:MS) has launched spot cryptocurrency trading for retail customers on its E*TRADE platform. The new feature gives E*TRADE users access to direct crypto trading alongside traditional securities. This marks an expansion of Morgan Stanley's digital asset offering to a broader base of individual investors. For investors following Morgan Stanley, the move to offer spot cryptocurrency trading on E*TRADE brings digital assets into the same ecosystem as equities, ETFs, and...

Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
Associated Press19d agoneutral
Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower

Asian shares skidded Friday, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares dragged markets lower. Stocks related to artificial intelligence have been under pressure for weeks because of worries that their prices have shot too high and that voracious demand for computer memory and processors may not be sustainable if AI ends up not producing as much profit and productivity as promised. Oil prices surged as fighting in the Middle East intensified, while U.S. futures slipped.

Nokia (HLSE:NOKIA) Launches AI RAN Platform And Expands Taiwan Mobile 5G Deal
Simply Wall St.19d agoneutral
Nokia (HLSE:NOKIA) Launches AI RAN Platform And Expands Taiwan Mobile 5G Deal

Nokia Oyj has launched what it describes as the industry's first commercial AI-RAN platform, aimed at reshaping radio access network architecture with AI-driven control. The company has also expanded its 5G partnership with Taiwan Mobile to deploy AI-native mobile network capabilities across Taiwan. These moves are intended to increase network capacity, energy efficiency, and automation for telecom operators using Nokia solutions. Nokia Oyj, traded under HLSE:NOKIA, is pushing further into...

Norwegian Cruise Line Holdings (NCLH) Launches Adults Only Oceania Caribbean Itineraries
Simply Wall St.19d agoneutral
Norwegian Cruise Line Holdings (NCLH) Launches Adults Only Oceania Caribbean Itineraries

Oceania Cruises, part of Norwegian Cruise Line Holdings, has introduced new adults-only Caribbean itineraries. The itineraries feature immersive cultural and culinary experiences across its latest and refreshed ships. The move extends Norwegian Cruise Line Holdings' focus on premium, experience-led cruising beyond traditional family offerings. Norwegian Cruise Line Holdings (NYSE:NCLH) is leaning further into higher-touch, experience-focused cruising with these Oceania adults-only Caribbean...

Zoom Communications (ZM) Launches AI Receptionist, Is The Stock Still Undervalued?
Simply Wall St.19d agoneutral
Zoom Communications (ZM) Launches AI Receptionist, Is The Stock Still Undervalued?

Zoom Communications (ZM) is back in focus after launching its standalone AI-powered Zoom Virtual Agent Receptionist, a product that lets businesses add an automated front desk without overhauling existing phone systems. See our latest analysis for Zoom Communications. At a share price of $92.92, Zoom Communications has seen momentum build recently, with a 7 day share price return of 3.38% and a 1 year total shareholder return of 24.56%. However, the 5 year total shareholder return is down...