(Bloomberg) — Palantir Technologies Inc.’s stock fell 7.5% on Friday following a report that a battlefield communications system it worked on with defense tech firm Anduril Industries Inc. was seriously flawed — a claim both companies said was out of date and inaccurate. The report on Friday, published by Reuters, centered on a September Army…
The much-needed modernization of the U.S. Army’s battlefield communications network being undertaken by Anduril, Palantir and others is rife with “fundamental security” problems and vulnerabilities, and should be treated as a “very high risk,” according to a recent internal Army memo. The two Silicon Valley companies, led by allies of U.S. President Donald Trump, have gained access to the Pentagon’s…
POLAND – 2025/08/30: In this photo illustration, a SoundHound AI company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images SoundHound AI (NASDAQ: SOUN), a voice AI platform that allows businesses to provide conversational AI experiences, has witnessed a 280% increase in…
If you think AI is complicated, just take a look at the world of quantum computing. Once viewed as a technological black box, investors have warmed to quantum as the once-obscure technology has moved out of the lab and into the real world. Much of the latest rally has been sparked by progress from Rigetti…
Dayton, Ohio — Howard Patterson stood outside the Wright Cycle Company — part of the national park complex dedicated to the aviation pioneers who honed their mechanical skills repairing bicycles in Dayton — on Friday, and found locked doors with a sign taped to the window. “Due to the current lapse in federal government appropriations…
Goldman Sachs’s top executive is feeling good about markets, with some important caveats. David Solomon, the bank’s CEO, struck an upbeat tone when speaking about stocks and the US economy at Italian Tech Week on Friday. Despite some risks on his radar, the CEO of the investment bank said he was generally unbothered about the…
NEWYou can now listen to Fox News articles! Senate Democrats blocked Republicans’ attempt to reopen the government again, all but guaranteeing that the government shutdown rolls through the weekend. After a day off to observe Yom Kippur, lawmakers made little progress in finding an off-ramp to end the shutdown, which entered its third day on…
RBI Governor Sanjay Malhotra on Friday said gold prices may now be acting as a fresh barometer of global uncertainty, similar to how crude oil once reflected geopolitical risks, even as he cautioned of a potential correction in global equity markets.Speaking at the Kautilya Economic Conclave 2025, Malhotra noted that despite widespread fiscal stress, oil…
The magnet supply chain company soared on news about the U.S. government potentially taking a stake in the company. Since the close of trading last week, shares of the magnet mining and production company USA Rare Earth (USAR 14.31%) had blasted roughly 57% higher, as of 11:14 a.m. ET Friday. The big move comes as…
SPY climbed Friday while tech tried to hold yesterday’s highs. Standouts: Rumble ($RUM) trended #1 after a Perplexity AI partnership tied to the new Comet browser and a bundled AI-agent subscription; Plug Power ($PLUG) surged ~25% on a $7/share buy rating with a thesis around electricity costs; and Palantir ($PLTR) fell ~5%, worst in $QQQ,…