Meta’s head of public policy in India, Shivnath Thukral, is leaving the social networking company, nearly three and a half years after joining, and just months after his counterpart at Google stepped down.Thukral spent over seven and a half years at Meta and took over as public policy lead for the South Asian market — the company’s largest user base — in November 2022, after his predecessor Rajiv Aggarwal left. “Having helped build some of the systems and processes, I do feel it is a good time to let the e ...

Key Takeaways SFIX posted a Q3 adjusted loss of $0.06 per share, improving from last year's $0.15 loss. Revenues rose 0.7% y/y to $325M, driven by higher average order value and client experience improvements. The FY25 revenue outlook was raised to $1.25-$1.26B; the adjusted EBITDA view increased to $43-$47M.Stitch Fix, Inc. (SFIX) reported third-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. The top line improved from the year-earlier quarter. Meanwhile, ...

Acquisition Overview - Qualcomm Incorporated (QCOM) has agreed to acquire Alphawave Semi for an enterprise value of approximately $2.4 billion, with completion expected in the first quarter of 2026, pending regulatory approvals [1][7] - The acquisition aims to enhance Qualcomm's presence in high-growth applications such as data centers, artificial intelligence (AI), data networking, and data storage [1][7] Technology and Product Synergy - Alphawave Semi provides advanced connectivity products and chiplets that improve data transfer speed and reliability while reducing power consumption, particularly for 5G, AI, and data center applications [2] - The acquisition is expected to position Qualcomm as a leader in the next wave of AI innovation by integrating Alphawave's technology with its existing CPU and NPU cores [2][7] Recent Strategic Moves - In April, Qualcomm acquired MovianAI, enhancing its capabilities in generative AI, machine learning, and computer vision, which supports the development of AI-driven solutions across various industries [3] Competitive Landscape - Other tech firms are also focusing on AI chip development, with Intel launching the Intel Core Ultra processors aimed at improving mobile computing and AI capabilities [4] - Advanced Micro Devices (AMD) has strengthened its position in the semiconductor market with the MI300 series accelerator family, which supports large language model training and generative AI workloads [5] Financial Performance - Qualcomm's shares have declined by 26.1% over the past year, contrasting with the industry's growth of 15.3% [6] - The company's shares currently trade at a price/earnings ratio of 13.18, lower than the industry average of 30.77 and the stock's historical mean of 17.33 [8] - Earnings estimates for 2025 have decreased by 0.17% to $11.8 per share, while estimates for 2026 have declined by 4.1% to $12.07 [9]

Leiden, the Netherlands, June 11, 2025: Pharming Group N.V. (“Pharming” or “the Company”) (Euronext Amsterdam: PHARM / Nasdaq: PHAR) announces that at its Annual General Meeting of Shareholders (AGM) held today, all proposals were approved. Dr. Elaine Sullivan, a seasoned leader in the international pharmaceutical and biotech industry with deep R&D expertise and public non-executive board experience, was appointed to the Pharming Board of Directors, upon binding recommendation of the Board of Directors, for ...

Key Takeaways BROS saw Dutch Rewards account for 72% of Q1 transactions, up 5 points year over year. Promos like sticker days drove 1.3% system transaction growth in Q1 2025. The loyalty platform supports expansion, with 160 new shops planned and digital channels scaling.To drive repeat traffic, Dutch Bros Inc. (BROS) is leaving no stone unturned. The company is leaning heavily into its Dutch Rewards loyalty program. The early results of these efforts are also promising. In first-quarter 2025, 72% of syst ...

Key Takeaways Trump's June 6 executive order aims to boost U.S. dominance in unmanned and eVTOL aircraft systems. ACHR's shares rose 11.7% post-announcement, outperforming the industry's 0.4% return through June 10. Archer began piloting Midnight test flights, showing both vertical and conventional takeoff capabilities. U.S. President Donald Trump signed an executive order on June 6, 2025, primarily aimed at boosting America’s dominance in unmanned aircraft systems, including the integration of an electri ...

Group 1 - Lockheed Martin's stock dropped nearly 6% to $448.70, extending weekly losses to over 7% due to concerns over the F-35 fighter jet program's future momentum [1][3] - The U.S. Air Force plans to cut its F-35 jet orders from 48 to just 24 jets in the upcoming fiscal year, as reported in a Department of Defense procurement document [3][4] - The proposed budget allocates $3.5 billion for the F-35 aircraft, a decrease from previous levels, and includes cuts to the Navy's F-35 carrier variant and the Marine Corps [4] Group 2 - Production of the F-35 has been slowed by delays in a key technology upgrade, with CFO Evan Scott indicating a finalized contract is expected in the second half of the year [5] - Lockheed Martin had previously projected two major contracts, with one anticipated in the first half of 2024 and another by the end of 2025 [5] - The defense sector is preparing for potential budget cuts under the Trump administration, with the Pentagon planning to reduce military spending by 8% over the next five years [6]

ROUYN-NORANDA, Quebec, June 11, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide a brief update to shareholders as regards ongoing work by Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB) on Globex’s Lac Escale royalty claims, a part of Brunswick’s Mirage project ...

Tesla CEO Elon Musk said the electric vehicle maker expects to launch its long-awaited driverless robotaxi service in Austin, Texas, on June 22.The exact date could change because Tesla is being “super paranoid about safety,” Musk wrote in a post on X Tuesday night.He shared a video from another user on X showing a Tesla robotaxi slowly turning around a corner and pausing for pedestrians crossing the street as it took a test drive through the Texas capital.  3 Tesla’s long-awaited driverless robotaxi serv ...

Almost two years ago, I recommended holding the preferred stock of Telephone and Data Systems (NYSE: TDS.PR.V ) for its 13.0% dividend back then and my expectations for lower interest rates. I did not rate the stockI am a chemical engineer with a MS in Food Technology and Economics, and a MENSA member. I am the author of the book "Investing in Stocks and Bonds: The Early Retirement Project" (2024):I am also the author of the book "Mental Math: How to perform math calculations in your mind".I am also the aut ...