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Losses balloon at Trump Media the company behind Truth Social
Sky News7d agoneutral
Losses balloon at Trump Media the company behind Truth Social

Losses at the company behind Donald Trump's social media platform - Truth Social, have ballooned, new figures reveal. The $238m (£176.3m) net loss recorded by Trump Media and Technology Group in the quarter ending 30 June is more than ten times that of a year earlier. During the same period last year, the net loss was around $20m (£14.8m).The figures also show the company made a net loss of $644m for the first six months of 2026.

AI Slop or Streaming’s Future? Inside Roku’s Fairground TV Gamble
24/7 Wall St.7d agoneutral
AI Slop or Streaming’s Future? Inside Roku’s Fairground TV Gamble

Roku just launched a streaming channel where AI generates every frame of programming and every ad, around the clock, at near-zero cost. Whether that sounds like a gimmick or the future of television depends on a trajectory that has already moved faster than anyone expected.

Hims & Hers shares slide as costly weight-loss push squeezes margins
Reuters7d agoneutral
Hims & Hers shares slide as costly weight-loss push squeezes margins

Aug 11 (Reuters) - Hims & Hers Health's shares fell nearly 7% in premarket trading on Tuesday, as concerns over ‌shrinking profit margins overshadowed strong subscriber growth and a raised ‌annual revenue forecast. The company posted second-quarter revenue on Monday that topped expectations and added ​more than 300,000 subscribers.

Forkast News7d agoneutral
Anthropic’s $965B IPO Path Runs Through Seven Compute Corridors Across Three Continents

Anthropic’s $965 billion IPO path rests on the aggressive, multi-layered industrialization of compute. The company has transformed access from a variable cost into a structural moat by diversifying hardware and energy supply across three continents through seven distinct funding mechanisms — effectively decoupling its growth from the supply-chain bottlenecks that throttle competitors tethered to single-cloud […]

SpaceX Stock Is Falling After Regaining Offer Price. AST Earnings Is Just One Reason.
Barrons.com7d agobearish
SpaceX Stock Is Falling After Regaining Offer Price. AST Earnings Is Just One Reason.

SpaceX stock was falling in Tuesday’s premarket after a 3-day winning streak that pushed it back above its offer price pre-IPO. The satellite telecommunications company’s figures missed expectations, but it maintained guidance—which seemed enough for Cantor to raise its price target on the stock. It is the major competitor to SpaceX’s Starlink in Direct-to-Cell (D2C) space broadband and reported revenue of $31.5 million—below the $35.18 million consensus, according to FactSet—while posting an adjusted loss per share of $0.77 versus the expected $0.26 loss.

Tech Weekly: Nvidia raises cash, robot dogs keep homes safe
Reuters Videos7d agoneutralVIDEO
Tech Weekly: Nvidia raises cash, robot dogs keep homes safe

<body><p>STORY: From Nvidia drumming up cash to four legged robots keeping homes safe.</p><p>This is Tech Weekly.&nbsp;</p><p>:: Tech Weekly</p><p>Nvidia said it's partnered with six major financial institutions to launch compute financing platforms...</p><p>aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the potential deals.</p><p>The move highlights how surging demand for AI computing capacity is drawing institutional investors.</p><p>A U.S. appeals court allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat.</p><p>It's over claims they designed their products to be addictive to young users.</p><p>A San Francisco-based court rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling requiring them to face more than 3,000 lawsuits filed in federal court.</p><p>&nbsp;Eyewitness video captured the moment China’s Long March 7A rocket exploded after take-off in Hainan.</p><p>State news agency Xinhua said the cause was under investigation.</p><p>The failure could trigger checks of other Chinese launches if investigators identify a problem involving shared components, manufacturing or Wenchang launch operations.</p><p>And would you trust a robot dog to keep you safe at home?</p><p>"Hey this is Landon from Undaunted products. How can I help you today?"</p><p>Robotic dogs are replacing overnight security guards at several Atlanta apartment complexes, where property managers say the machines are helping deter crime and improve safety.</p><p>At 445 Cleveland Apartments, two four-legged robots patrol the property's roughly 200 units.</p><p>The robots, operated by Atlanta-based startup Undaunted, are remotely controlled by human operators.</p><p>They monitor live camera feeds and communicate directly with residents through onboard speakers.</p></body>

How Could Morgan Stanley (MS) Shape U.S. Growth With Its $1.5 Trillion Initiative?
Simply Wall St.7d agoneutral
How Could Morgan Stanley (MS) Shape U.S. Growth With Its $1.5 Trillion Initiative?

Morgan Stanley (NYSE:MS) has launched the U.S. Innovation Infrastructure Initiative, targeting approximately US$1.5t in capital to support American growth. The program focuses on long term capital raising and investment tied to U.S. economic and national security priorities. The initiative is designed to increase Morgan Stanley's role in core U.S. infrastructure and innovation sectors. To put this move in context, it is worth looking more broadly at companies tied to critical U.S. power and...

On Holding (ONON) Matches Q2 Earnings Estimates
Zacks7d agoneutral
On Holding (ONON) Matches Q2 Earnings Estimates

On Holding (ONON) delivered earnings and revenue surprises of 0.00% and -3.42%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?