Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX). The appearance comes as investors await the pricing of SpaceX’s initial public offering, which i...
Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX). The appearance comes as investors await the pricing of SpaceX’s initial public offering, which is expected later on Thursday and could become the largest IPO ever completed.
SAP (NYSE:SAP) shares fell more than 4% after competitor Oracle (NYSE:ORCL) revealed fiscal 2027 capital expenditure plans that significantly exceeded analyst expectations, highlighting the escalating costs associated with competing in the artificial intelligence infrastructure market. Oracle’s shares dropped more than 10% in premarket trading on Thursday after the company announced it could spend...
SAP (NYSE:SAP) shares fell more than 4% after competitor Oracle (NYSE:ORCL) revealed fiscal 2027 capital expenditure plans that significantly exceeded analyst expectations, highlighting the escalating costs associated with competing in the artificial intelligence infrastructure market. Oracle’s shares dropped more than 10% in premarket trading on Thursday after the company announced it could spend as much as $95 billion on capital projects during fiscal 2027.
Nigerian tycoon Aliko Dangote ’s refinery unit is seeking to raise as much as $1 billion through a private sale of debt, people with knowledge of the plan said. Dangote Petroleum Refinery & Petrochemicals FZE, Africa’s largest crude processing plant, plans to target foreign investors for the sale, the people said, asking not to be identified because they aren’t authorized to speak to the media. Da...
Nigerian tycoon Aliko Dangote ’s refinery unit is seeking to raise as much as $1 billion through a private sale of debt, people with knowledge of the plan said. Dangote Petroleum Refinery & Petrochemicals FZE, Africa’s largest crude processing plant, plans to target foreign investors for the sale, the people said, asking not to be identified because they aren’t authorized to speak to the media. Dangote is raising debt and preparing an initial public offering of the refinery to help finance its expansion. The facility, which reached full capacity shortly before the US-Israel conflict with Iran, has seen demand surge as buyers across Africa and beyond seek alternative fuel supplies amid concerns about disruptions to Middle Eastern energy exports. Investor meetings are ongoing, and there are no guarantees that the company will go ahead with the planned debt sale, one of the people said. Representatives at Dangote Refinery declined to comment. The tycoon is also selling shares in a private placement, which Dangote said attracted as much as $2 billion of investor demand. Dangote Refinery, which can currently process as much as 700,000 barrels of crude per day, plans to double refining output. The initial capacity was 650,000 barrels-per-day. The debt private placement for the refinery follows a similar sale of $750 million for Dangote Fertiliser Ltd. in April. That was Dangote’s first foray into the international debt capital markets. Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push Dangote Vows to Build Nigeria-Style Oil Refinery in East Africa Billionaire Dangote Boosts Jet Fuel to Europe as War Hits Supply Lagos-based Dangote, who is worth $36.5 billion on the Bloomberg Billionaires Index , has set a target of investing at least $40 billion to fund growth over the next five years. He also plans to build the biggest deep seaport in Nigeria, boost output of urea to 12 million tons by 2030, diversify into liquefied gas and construct a 20,000 megawatt powe...
来自麻省理工学院、麻省理工学院-IBM 计算研究实验室和 IBM 研究院的众多专家提出了ChartNet——一个面向图表理解的百万级高质量多模态数据集，旨在推动图表理解与推理能力的发展。 过去两年，多模态大模型的发展速度远超预期。从识别图片内容，到理解复杂文档，再到解析视频信息，视觉语言模型（VLM）不断突破能力边界。然而，有一种看似简单却极具挑战性的视觉对象，至今仍让许多先进模型频频「翻车」——...
来自麻省理工学院、麻省理工学院-IBM 计算研究实验室和 IBM 研究院的众多专家提出了ChartNet——一个面向图表理解的百万级高质量多模态数据集，旨在推动图表理解与推理能力的发展。 过去两年，多模态大模型的发展速度远超预期。从识别图片内容，到理解复杂文档，再到解析视频信息，视觉语言模型（VLM）不断突破能力边界。然而，有一种看似简单却极具挑战性的视觉对象，至今仍让许多先进模型频频「翻车」——图表（Chart）。 对于人类而言，一张柱状图、折线图或散点图往往能够快速传递趋势、对比关系和关键结论。但对于 AI 来说，图表远不只是图片。模型不仅需要识别视觉元素，还要理解坐标轴、数据点、图例和标签之间的关系，并进一步完成数值提取、趋势分析甚至因果推理。换句话说，图表理解本质上是一项跨越视觉、数值与语言三种认知能力的复杂任务，而当前的 VLM 仅能部分实现这一能力。 近年来，一些数据集推动了相关研究发展，但普遍存在三个问题：规模较小、图表类型有限，以及缺乏完整的多模态信息。许多数据集仅关注单一任务（如问答或图表描述），或缺乏关键模态，因此开源模型在复杂图表推理任务中仍落后于专有系统。 为弥补这一空白， 来自麻省理工学院、麻省理工学院-IBM 计算研究实验室和 IBM 研究院的众多专家提出了ChartNet ——一个面向图表理解的百万级高质量多模态数据集，旨在推动图表理解与推理能力的发展。 这是迄今为止最大的合成图表数据集，其采用一种新颖的代码引导式合成（code-guided synthesis）流程，生成了 150 万个多样化图表样本，涵盖 24 种图表类型和 6 种绘图库。通过全面实验验证 ChartNet 的实用性，结果显示，其最优微调模型在所有任务上均超过规模大得多的模型及 GPT-4o。 在线使用数据集：https://go.hyper.ai/lGPsc 相关研究成果以「ChartNet: A Million-Scale, High-Quality Multimodal Dataset for Robust Chart Understanding」为题，将在 IEEE 计算机视觉与模式识别会议上发表。 研究亮点： * ChartNet 基于代码引导的合成生成流程，能够大规模生成图表样本，同时捕捉图表理解的视觉、结构、数值和文本方面信息。 * ChartNet ...
This is the Trump phone, but it could just as easily be an HTC. | Image: Trump Mobile After getting its hands on a Trump phone and tearing it apart, iFixit has confirmed what I first reported back in February : the T1 Phone is an almost exact duplicate of the HTC U24 Pro. iFixit partnered with NBC to get hold of the network's media sample of the Trump phone, along with a U24 Pro. They ran the phon...
This is the Trump phone, but it could just as easily be an HTC. | Image: Trump Mobile After getting its hands on a Trump phone and tearing it apart, iFixit has confirmed what I first reported back in February : the T1 Phone is an almost exact duplicate of the HTC U24 Pro. iFixit partnered with NBC to get hold of the network's media sample of the Trump phone, along with a U24 Pro. They ran the phones through a CT scanner, tore them down to parts, and even put them back together into a functional Frankenstein phone with the U24 Pro's board inside the T1 Phone's chassis, confirming along the way that the two phones are functionally identical. There are minor differences: the flash has been moved slightly, the speaker grille was … Read the full story at The Verge.
Kardigan Inc. is seeking to raise $373.3 million in a US initial public offering to help fund three late-stage drugs that target cardiovascular diseases. The biotech plans to market 23.3 million shares for $14 to $16 each, according to its filing on Thursday with the US Securities and Exchange Commission. At the top of that range, the Princeton, New Jersey-based company would have a market value o...
Kardigan Inc. is seeking to raise $373.3 million in a US initial public offering to help fund three late-stage drugs that target cardiovascular diseases. The biotech plans to market 23.3 million shares for $14 to $16 each, according to its filing on Thursday with the US Securities and Exchange Commission. At the top of that range, the Princeton, New Jersey-based company would have a market value of $1.4 billion, based on the outstanding shares listed in its filing. Led by a team including the former managers of MyoKardia Inc. prior to its $13.1 billion acquisition by Bristol-Myers Squibb Co. in 2020, the firm is developing separate drugs to treat genetic dilated cardiomyopathy, calcific aortic valve stenosis and acute severe hypertension. Kardigan had a net loss of $56.1 million in the first quarter of 2026, compared with a net loss of $18 million in the same period a year earlier, the filing shows. For the latest news on equity capital markets activity in the US, Canada and Latin America, terminal users can follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . In October, Kardigan raised $254 million from a Series B financing round backed by new investors Fidelity Management & Research Co. and accounts advised by T.Rowe Price Investment Management Inc. and existing backers ARCH Venture Partners and HRTG Partners , according to a statement at the time. Arch and HRTG are Kardigan’s two biggest shareholders, with 22.4% each, the filing shows. The offering is being led by JPMorgan Chase & Co. , Jefferies Financial Group Inc. , Leerink Partners and Toronto-Dominion Bank . The company expects its shares to trade on the Nasdaq Global Market under the symbol KARD.
lcva2/iStock Editorial via Getty Images Updating My “Buy” On Microsoft's Dip I've been covering Microsoft Corporation ( MSFT ) since mid-2024, always calling it a “Buy.” Unfortunately, since then, the stock has gone nowhere, even in terms of total returns, although the stock market has been ripping higher throughout this period. MSFT remains one of the biggest SaaS companies, so the market just br...
lcva2/iStock Editorial via Getty Images Updating My “Buy” On Microsoft's Dip I've been covering Microsoft Corporation ( MSFT ) since mid-2024, always calling it a “Buy.” Unfortunately, since then, the stock has gone nowhere, even in terms of total returns, although the stock market has been ripping higher throughout this period. MSFT remains one of the biggest SaaS companies, so the market just brutally repriced it along with the whole sector when Anthropic's ( ANTHRO ) top LLM models started to pose a structural risk. Plus, the firm's investment in Copilot seems to have disappointed a lot of AI-focused investors, considering the amount of CAPEX already spent on it. And even when SaaS stocks started to recover in late April 2026, MSFT failed to hold its levels above the 200-day moving average and is now effectively trading at January 2024 price points. TrendSpider Software, MSFT daily, Oakoff's notes added Despite this weakness and spoiled narrative around the stock, I believe that MSFT has become too discounted for the level of forward growth that should be coming in the next few years. It is still a boring business that keeps delivering if we assess the most recent fundamentals, and I think it is smart to stay bullish, expecting a gradual ROIC build-up on the investments Microsoft has already made in its AI infrastructure to date. With all this in mind, I decided to keep my “Buy” rating in place, still seeing the current dip as a generational buying opportunity ahead of the upcoming AI agentic-related (and not only) bullish catalysts for Microsoft. My Updated Reasoning On MSFT Microsoft reported its fiscal Q3 2026 results in late April, and those results have already been largely priced in, so I'm not going to stop here for too long. The key headline metrics were good—the Q3 total revenues went up by 18.3% YoY and reached $82.9 billion, beating the consensus by 1.79%, according to Seeking Alpha . On the EPS level, we saw $4.27 (+23% YoY), which was also above the ...
June S&P 500 E-Mini futures (ESM26) are up +0.79%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.21% this morning as investors stepped in to buy the dip after the swift end to the latest round of U.S. strikes against Iran fueled expectations that talks over a peace deal will resume.
June S&P 500 E-Mini futures (ESM26) are up +0.79%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.21% this morning as investors stepped in to buy the dip after the swift end to the latest round of U.S. strikes against Iran fueled expectations that talks over a peace deal will resume.
(RTTNews) - Despite lingering concerns about tensions in the Middle East, the UK stock market moved firmly higher Thursday morning, riding on gains in mining and financial sectors.
(RTTNews) - Despite lingering concerns about tensions in the Middle East, the UK stock market moved firmly higher Thursday morning, riding on gains in mining and financial sectors.