tadamichi Vertical Aerospace ( EVTL ) announced on Tuesday that its latest and final full-scale prototype of its hybrid-electric Valo aircraft has completed its first piloted flight at the company's UK Flight Test Centre. Test pilot Paul Stone conducted the maiden flight on June 5 following recent milestones, including thrustborne and two-way transition flights completed with earlier prototypes un...
tadamichi Vertical Aerospace ( EVTL ) announced on Tuesday that its latest and final full-scale prototype of its hybrid-electric Valo aircraft has completed its first piloted flight at the company's UK Flight Test Centre. Test pilot Paul Stone conducted the maiden flight on June 5 following recent milestones, including thrustborne and two-way transition flights completed with earlier prototypes under civil aviation authority oversight. The new aircraft is identical to Vertical Aerospace's ( EVTL ) existing full-scale prototype and will be used to accelerate flight testing across all phases, including thrustborne, wingborne, and transition flight, while also supporting future public demonstrations. Notably, the prototype is the last to be built before the company's "Critical Design Review," which will freeze the certifiable aircraft configuration and pave the way for the assembly of its first pre-production aircraft. Vertical Aerospace ( EVTL ) sees the achievement as a key step toward certification and eventual commercial deployment of its Valo hybrid-electric regional air mobility platform, which is designed to offer lower emissions, reduced noise, and improved economics compared with conventional aircraft. "Getting our latest prototype into flight testing is an important milestone because it allows us to learn faster in real-world conditions and keep building momentum towards certification. Expanding the flight test fleet will help us validate the aircraft more quickly, reduce risk, and move more efficiently towards bringing Valo into service," highlighted CEO Stuart Simpson. Shares of Vertical Aerospace ( EVTL ) were up 1.4% in premarket trading. More on Vertical Aerospace Vertical Aerospace Ltd. (EVTL) Q1 2026 Earnings Call Transcript Vertical Aerospace: Liquidity Crisis Deepens As Transition Delay Triggers Dilution Spiral Vertical Aerospace Ltd. 2025 Q4 - Results - Earnings Call Presentation Defense, advanced air mobility themes emerge as Farnborough Airshow re...
Four of the 29 whales, dolphins and porpoises that washed ashore in Hong Kong waters last year are suspected to have died from human activity, with an annual report jointly released by the government and Ocean Park also finding an overall decline in strandings. A press statement with the findings was published on Tuesday for the Hong Kong Marine Life Stranding Report 2025, a collaboration between ...
Four of the 29 whales, dolphins and porpoises that washed ashore in Hong Kong waters last year are suspected to have died from human activity, with an annual report jointly released by the government and Ocean Park also finding an overall decline in strandings. A press statement with the findings was published on Tuesday for the Hong Kong Marine Life Stranding Report 2025, a collaboration between the Ocean Park Conservation Foundation and the Agriculture, Fisheries and Conservation Department...
Jelly and coffee maker JM Smucker Co. posted fourth-quarter profits that beat Wall Street expectations as higher prices helped boost the packaged food company. Smucker reported adjusted earnings per share of $2.77, topping the average of analyst estimates. Fourth-quarter revenue also outpaced expectations. The company said its net sales for the quarter benefited from an increase in coffee and swee...
Jelly and coffee maker JM Smucker Co. posted fourth-quarter profits that beat Wall Street expectations as higher prices helped boost the packaged food company. Smucker reported adjusted earnings per share of $2.77, topping the average of analyst estimates. Fourth-quarter revenue also outpaced expectations. The company said its net sales for the quarter benefited from an increase in coffee and sweet baked goods prices. Smucker, like other packaged food companies, is contending with financially-strapped consumers spending carefully as both the cost of food and gas have risen. The company previously raised its prices on coffee several times after tariffs caused the cost of coffee beans to surge. Chief Executive Officer Mark Smucker has said the company is working on cutting costs and stabilizing the Hostess brand, which it acquired in 2023. The company set its 2027 full-year profit outlook above expectations, forecasting adjusted earnings in a range between $9.75 and $10.25. Smucker said it expected to reduce prices next year, as the company passes through lower costs on green coffee to consumers. In late February, the company said two new directors were joining its board as part of an agreement reached with activist investor Elliott Investment Management . Shares of Smucker rose as much as 5.2% in premarket trading. The stock had increased roughly 4% this year through Monday’s close, compared with an 8.2% increase in the S&P 500 Index.
‘The United Kingdom has the talent, research excellence and ambition to help lead the next era of AI’: AMD chief exec Lisa Su touts UK’s AI potential as firm eyes £2bn investment IT Pro
‘The United Kingdom has the talent, research excellence and ambition to help lead the next era of AI’: AMD chief exec Lisa Su touts UK’s AI potential as firm eyes £2bn investment IT Pro
Oracle’s fourth-quarter earnings call will deliver critical updates about the progress of its data-center build-out and the financial impact of its AI pivot.
Oracle’s fourth-quarter earnings call will deliver critical updates about the progress of its data-center build-out and the financial impact of its AI pivot.
bodnarchuk/iStock via Getty Images Seabridge Gold ( SA ) up 1.3% pre-market Tuesday after saying the British Columbia Supreme Court upheld the reasonableness of the Environmental Assessment Office's determination that the KSM project had been substantially started. Seabridge ( SA ) said the court ruled the EAO must provide the Tsetsaut Skii km Lax Ha First Nation 90 days to submit written comments...
bodnarchuk/iStock via Getty Images Seabridge Gold ( SA ) up 1.3% pre-market Tuesday after saying the British Columbia Supreme Court upheld the reasonableness of the Environmental Assessment Office's determination that the KSM project had been substantially started. Seabridge ( SA ) said the court ruled the EAO must provide the Tsetsaut Skii km Lax Ha First Nation 90 days to submit written comments before reconsidering the substantial-start determination, while the court also dismissed a separate challenge filed by SkeenaWild Conservation Trust against the substantial-start finding. The ruling preserves the project's environmental assessment certificate while requiring additional consultation with TSKLH, the company said. Seabridge ( SA ) Chair and CEO Rudi Fronk said work at KSM would continue during the consultation process and EAO reconsideration of the substantially started determination. Since its application for substantially started status in January 2024, Seabridge ( SA ) has incurred an additional C$208M of expenditures on permanent works at KSM, bringing total expenditures at KSM to C$1.2B. More on Seabridge Gold Financial information for Seabridge Gold
Investor jitters about the potential disruption caused by artificial-intelligence adoption has created a broad-based buying opportunity for the shares of European advertising agencies, according to Berenberg analysts. The broker initiated coverage of Publicis Groupe SA , WPP Plc and Havas NV this week, giving all three stocks buy recommendations. The Stoxx 600’s media subgroup climbed as much as 1...
Investor jitters about the potential disruption caused by artificial-intelligence adoption has created a broad-based buying opportunity for the shares of European advertising agencies, according to Berenberg analysts. The broker initiated coverage of Publicis Groupe SA , WPP Plc and Havas NV this week, giving all three stocks buy recommendations. The Stoxx 600’s media subgroup climbed as much as 1.3% on Tuesday, with advances led by WPP and Publicis. The sector had been hurt by company-specific structural issues, and has recently come under pressure again because of AI concerns, according to the Berenberg analysts. This has led to discounted valuations as well as share-price underperformance, they said. “While the industry continues to face long-standing headwinds from in-housing and rising competition, and more recently AI, we believe agencies are adapting rather than fading away,” analysts including Anna Patrice and Davide Amorim wrote in a note. They view Publicis as being “ahead of the pack,” while Havas is an “attractive challenger story.” WPP faces a tougher near-term transition even though its recovery potential is still intact, according to the analysts. Berenberg’s upbeat view on WPP is more contrarian than its positivity toward Publicis and Havas. Only about a fifth of analysts tracked by Bloomberg have a buy or equivalent rating on the UK company. Both Publicis and Havas have mainly buy recommendations. According to the Berenberg analysts, ad agencies are “still relevant” in the era of AI disruption. “The industry is not dying, but is instead reorganizing around a stable hybrid model,” they wrote.
Novanta has entered into a definitive agreement to acquire Riverpoint Medical in a cash transaction valued at ~$1.45B and also raised $300M in private placement. Riverpoint Medical, a minimally invasive surgical consumables company owned by Arlington Capital Partners will be bought for $1.2B upfront in cash plus a $250M milestone payment due in Q1 2027. The deal is expected to close in Q3 2026. Th...
Novanta has entered into a definitive agreement to acquire Riverpoint Medical in a cash transaction valued at ~$1.45B and also raised $300M in private placement. Riverpoint Medical, a minimally invasive surgical consumables company owned by Arlington Capital Partners will be bought for $1.2B upfront in cash plus a $250M milestone payment due in Q1 2027. The deal is expected to close in Q3 2026. The transaction supports Novanta’s strategy of increasing exposure to durable, recurring revenue streams, reducing cyclicality, and strengthening medical OEM partnerships, while enhancing long-term revenue and cash flow growth. For the private placement, investors will purchase 2.14M common shares at $140 per share, with the private placement expected to close on or around June 11, 2026. The stock price dropped about 7.5% on Tuesday pre-market trade. More on Novanta Novanta Inc. (NOVT) Presents at Jefferies Global Healthcare Conference 2026 - Slideshow Novanta Inc. (NOVT) Presents at 46th Annual William Blair Growth Stock Conference - Slideshow Novanta Inc. (NOVT) Q1 2026 Earnings Call Transcript Novanta forecasts $259M-$264M Q2 revenue as 2026 outlook rises to $1,040M-$1,055M Seeking Alpha’s Quant Rating on Novanta
OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.
OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.
Tighter US sanctions on Cuba have led to a spike in infant mortality and plummeting survival rates for child cancer patients, the UN warned in one of its strongest rebukes of Washington’s pressure campaign against the island. US President Donald Trump’s push to force change in Cuba by cutting off almost all fuel shipments to the government is depriving the nation of 10 million people of access to ...
Tighter US sanctions on Cuba have led to a spike in infant mortality and plummeting survival rates for child cancer patients, the UN warned in one of its strongest rebukes of Washington’s pressure campaign against the island. US President Donald Trump’s push to force change in Cuba by cutting off almost all fuel shipments to the government is depriving the nation of 10 million people of access to water, food and healthcare, UN High Commissioner for Human Rights Volker Turk said on Monday in a...
"Device-Level" Nudity Detection: UK Gov't Blackmailing Public Into Digital ID Authored by Kit Knightly via OffGuardian , British Prime Minister Sir Keir Starmer announced plans, in a speech earlier today, to introduce "device-level controls" that will prevent children from viewing, sending or taking naked photographs: This government will not stand by while children are put at risk online. Today I...
"Device-Level" Nudity Detection: UK Gov't Blackmailing Public Into Digital ID Authored by Kit Knightly via OffGuardian , British Prime Minister Sir Keir Starmer announced plans, in a speech earlier today, to introduce "device-level controls" that will prevent children from viewing, sending or taking naked photographs: This government will not stand by while children are put at risk online. Today I am calling on the tech companies to introduce device-level controls to prevent children from taking, sharing or viewing nude images. And if they don't act, we will. — Keir Starmer (@Keir_Starmer) June 8, 2026 According to Justice Minister Catherine Atkinson, the UK will become "the first country where it will be impossible for children to take, share or view naked pictures" The UK will be the first country where it will be impossible for children to take, share or view naked pictures, a justice minister tells @LeahBoleto. The government says tech companies must stop this happening within three months or they'll be forced to act through legislation. pic.twitter.com/ZQ3MWobQ2X — Sky News (@SkyNews) June 8, 2026 The only way this is even close to enforceable is if one or more of the following measures are in place: You must verify your age by linking your digital devices to your ID. You must allow the government - or whatever private third-party agency the government employs - access to your phone's data and files at all times. You must allow third-party software to scan every attempted photo. It means "nudity detection" on every app on the device, at all times. There's literally no other way of doing it. From the government's website earlier today [emphasis added]: Apple recently introduced age checks for iPhone users, making it the first company to activate safety features by default for those who are not verified as over 18. This is a significant step forward following the government's commitments to work with industry, and one this announcement builds on. Despite this, th...