SoftBank Group shares resumed their slide, falling over 8% as investor concerns about AI sector valuations spread globally. The decline follows Wednesday’s 10% plunge and comes amid similar drops across Japanese tech stocks and US AI companies.
Tesla shareholders have voted to approve CEO Elon Musk’s compensation package that could ultimately be worth $1 trillion in company shares. The package requires Tesla to achieve massive growth targets over the next decade, including reaching an $8.5 trillion market capitalization.
Tesla shareholders have overwhelmingly approved CEO Elon Musk’s massive compensation package worth up to $878 billion. The vote gives Musk potentially 25% of Tesla if he hits ambitious targets over the next decade. This comes despite concerns about his political activities and divided attention.
Solstice Advanced Materials reported its first quarterly earnings since separating from Honeywell. Revenue grew 7% to $969 million while adjusted EBITDA margins contracted due to spinoff costs. The stock has been highly volatile with limited analyst coverage.
Meta and other tech giants are outspending entire industries to influence EU digital policy. Oracle is preparing massive debt financing for global AI data centers, while OpenAI is training AI to handle professional consulting tasks.
BT’s Openreach fiber network now reaches 20.3 million UK premises, putting the company on track for its 25 million target by 2026. However, the telco lost 242,000 broadband lines last quarter while continuing workforce reductions that have brought headcount down to 111,000. A new Starlink partnershi
European AI-native companies saw funding nearly double to €8.9 billion this year while acquisitions hit a record 18 deals last month. But beneath the surface, serious questions remain about whether Europe can actually build AI champions that compete globally.
Boeing’s first civil trial over the 2019 Ethiopian Airlines 737 Max crash began Wednesday in Chicago. The company has settled most of the dozens of wrongful death lawsuits stemming from the disaster that killed 157 people.
Microsoft is changing Configuration Manager from semi-annual to annual releases starting with version 2609 in September 2026. The shift prioritizes security, reliability, and long-term planning over frequent feature updates. Each release will continue receiving 18 months of support despite the caden
Duolingo reported strong Q3 revenue of $271.7 million but spooked investors with lower-than-expected Q4 bookings forecasts. The company revealed its AI-powered Duolingo Max tier is already profitable despite slightly lower margins.
