On Tuesday, NASA announced the crew for the Artemis III mission , which is scheduled to be flown no earlier than summer 2027. As part of the announcement, space agency officials also discussed plans for the crew to dock with both a Blue Origin lander and a SpaceX Starship lander during the spaceflight in low-Earth orbit. The presentation, although informative, still left open key questions about t...
On Tuesday, NASA announced the crew for the Artemis III mission , which is scheduled to be flown no earlier than summer 2027. As part of the announcement, space agency officials also discussed plans for the crew to dock with both a Blue Origin lander and a SpaceX Starship lander during the spaceflight in low-Earth orbit. The presentation, although informative, still left open key questions about the landers' readiness and what exactly they'll look like. After the crew announcement, Ars sat down with Jeremy Parsons, NASA's Artemis program manager, to answer some of these questions. This interview, conducted at NASA's Johnson Space Center, has been lightly edited for clarity. Read full article Comments
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Wall Street’s enthusiasm for SpaceX as the company’s IPO approaches. Plus, Google backstops Anthropic data centers as Silicon Valley races to build AI infrastructure with ever more intertwined deals. And, a new dashboard shows the real-time impact of AI on the labor market. (Source: Bloomberg)
Bloomberg’s Caroline Hyde and Ed Ludlow discuss Wall Street’s enthusiasm for SpaceX as the company’s IPO approaches. Plus, Google backstops Anthropic data centers as Silicon Valley races to build AI infrastructure with ever more intertwined deals. And, a new dashboard shows the real-time impact of AI on the labor market. (Source: Bloomberg)
Twelve, a next-gen industrial company on a mission to electrify fuel and chemical production, today opened AirPlant One, the first commercial-scale facility in the United States to produce E-Jet fuel – a power-to-liquid (PtL), drop-in sustainable aviation fuel (SAF) made from CO2 and renewable electricity – and E-Naphtha™, a foundational building block for thousands of everyday products. The ribbo...
Twelve, a next-gen industrial company on a mission to electrify fuel and chemical production, today opened AirPlant One, the first commercial-scale facility in the United States to produce E-Jet fuel – a power-to-liquid (PtL), drop-in sustainable aviation fuel (SAF) made from CO2 and renewable electricity – and E-Naphtha™, a foundational building block for thousands of everyday products. The ribbon cutting, held at the Moses Lake, Washington facility with Alaska Airlines and Microsoft, marks the
Violence on the streets of Northern Ireland is the real-world expression of a sinister mechanism that goes unchecked online Masked men who drive terrorised families out of their homes cannot be called protesters, since the word implies legitimate grievance. The outbreak of racist violence in Northern Ireland this week is connected to the politics of migration, but not in the way that the mob and t...
Violence on the streets of Northern Ireland is the real-world expression of a sinister mechanism that goes unchecked online Masked men who drive terrorised families out of their homes cannot be called protesters, since the word implies legitimate grievance. The outbreak of racist violence in Northern Ireland this week is connected to the politics of migration, but not in the way that the mob and those who incited it claim. The ostensible trigger was a brutal assault, partially captured on video. A man of Sudanese origin has been charged with attempted murder. The footage was widely shared online. The attack was depicted as part of a wider threat to white Britons by foreign “invaders”. Far-right agitators summoned vengeful crowds. Stephen Yaxley-Lennon, the activist who campaigns as Tommy Robinson, was instrumental in this process. So was Elon Musk, the billionaire owner of X, whose platform helped mobilise racist fury . Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
New mathematical research from a government researcher out this week shows that no artificial intelligence can avoid breaking its own rules. One of its conclusions is that “there will always be a way to prompt an AI system to disregard its rules — it’s just a matter of finding it,” according to the National Institute of Standards and Technology, whose senior scientist Apostol Vassilev conducted th...
New mathematical research from a government researcher out this week shows that no artificial intelligence can avoid breaking its own rules. One of its conclusions is that “there will always be a way to prompt an AI system to disregard its rules — it’s just a matter of finding it,” according to the National Institute of Standards and Technology, whose senior scientist Apostol Vassilev conducted the research. It’s a finding that could serve as a flashing warning sign as the Trump administration says it will accelerate the use of AI across “intelligence and warfighting domains in line with American values.” The administration’s commitment is contained in a new national security presidential memorandum devoted to slashing bureaucracy and speeding up AI adoption for defense and intelligence. It also includes an aspiration that users should assure such technologies are “reliable, robust, steerable and controllable” and operate “in accordance with applicable laws, government policies, and guidance.” Among the more forward-leaning aims is that it requires, in the next 90 days, the Department of Defense to update its policy on autonomy in weapons systems to ensure the adoption of AI systems that respect the chain of command and operations authorities. At the moment, that policy requires autonomous and semi-autonomous weapons systems to undergo reviews to ensure they are designed to allow commanders and operators to exercise “appropriate levels of human judgment over the use of force.” That stops far short of aims from campaigners who seek a stronger safeguard of “meaningful human control.” Hamza Chaudhry, AI and national security lead at the Future of Life Institute, a group that emphasizes the risks of military AI, warned against any further potential dilution of the role of human judgment in any decision to apply lethal force. “What we genuinely need is a democratic discussion,” he said. “Congress needs to step in and set the rules of the road as autonomy in warfare evolv...
fadfebrian Parabilis Medicines ( PBLS ) climbed more than 45% in its first trading session on Wednesday after the cancer drug developer backed by a recent research deal with Regeneron ( REGN ) made its public debut following a record-setting IPO among biotechs. The company priced the upsized offering of roughly 33.3M shares at $30 each late Tuesday, valuing it at $2.4B and expecting $670M in gross...
fadfebrian Parabilis Medicines ( PBLS ) climbed more than 45% in its first trading session on Wednesday after the cancer drug developer backed by a recent research deal with Regeneron ( REGN ) made its public debut following a record-setting IPO among biotechs. The company priced the upsized offering of roughly 33.3M shares at $30 each late Tuesday, valuing it at $2.4B and expecting $670M in gross proceeds, excluding roughly $75M sought from a concurrent private placement to Regeneron ( REGN ). The offering surpassed Moderna’s ( MRNA ) then-record $604M IPO haul in 2018 and $625M generated by obesity drug developer Kailera Therapeutics ( KLRA ) from its market debut in April. Shares of the Cambridge, Massachusetts-based company opened at $33.35 at about 12:40 pm ET, indicating roughly a 67% gain from the IPO price before reaching $28.81 at about 1:00 pm ET, implying nearly a 44% rise. Founded in July 2015 as FOG Pharmaceuticals, Parabilis ( PBLS ) is a clinical-stage developer of a peptide-based treatment class called "Helicons.” Its Helicon drug discovery platform is based on technology licensed from serial biotech entrepreneur Gregory Verdine, whose early research paved the way for Revolution Medicines’ ( RVMD ) breakthrough pancreatic cancer therapy, daraxonrasib. More on Regeneron Pharmaceuticals, Parabilis Medicines, Inc. Regeneron Pharmaceuticals, Inc. (REGN) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript Regeneron: 'Buy' Revenue Growth And Two Extensive Drug Development Opportunities Parabilis Medicines Starts IPO On Promising Cancer Therapy Trials Parabilis Medicines prices upsized IPO at $20 per share Parabilis upsizes IPO seeking to raise more than $600M
tadamichi Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says the market’s ability to absorb a wave of equity and debt offerings signals underlying financial health, despite the rapid pace of new deals hitting investors. Wilson expressed confidence that there is sufficient capital in the market to handle the recent surge in IPO activity, characterizing the current environment as “anot...
tadamichi Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says the market’s ability to absorb a wave of equity and debt offerings signals underlying financial health, despite the rapid pace of new deals hitting investors. Wilson expressed confidence that there is sufficient capital in the market to handle the recent surge in IPO activity, characterizing the current environment as “another kind of bonanza year” that, while not matching the 2021 peak, demonstrates robust investor appetite. In an interview with Bloomberg TV, Wilson pointed to a striking liquidity statistic to explain market resilience. “Companies distribute income whether through buybacks or dividends, and they do about $1.7T a year,” he noted, adding that continuous inflows from retail investors, pensioners, and other asset owners further support market depth. Wilson acknowledged that clustering multiple deals in a single quarter can create temporary “digestion problems” for the market. However, he maintained that “there’s plenty of liquidity out there” to manage these short-term disruptions, with the substantial capital returning to shareholders providing a buffer for new offerings. The strategist identified a broader trend reshaping investor behavior: a “tectonic shift” away from the traditional 60/40 portfolio allocation between stocks and bonds. With the bond market enduring a four-year bear market, Wilson said investors are reallocating toward asset classes that offer better inflation protection. “The average asset owner is pretty smart. They figured out that the biggest risk going forward is inflation,” Wilson explained. He noted that maturing bond proceeds are increasingly flowing into equities ( SP500 ), ( COMP:IND ), ( DJI ), gold ( XAUUSD:CUR ), silver ( XAGUSD:CUR ), and other real assets rather than back into fixed income. This shift toward inflation-protected assets is driving the market’s capacity to absorb new offerings, according to Wilson. Investors are moving toward alloc...
Institutional investors have piled into long-dated (almost 6-month out) Microsoft call options at a 44% higher call strike price. That indicates they are extremely bullish on MSFT stock. Price targets are higher.
Institutional investors have piled into long-dated (almost 6-month out) Microsoft call options at a 44% higher call strike price. That indicates they are extremely bullish on MSFT stock. Price targets are higher.
First-quarter earnings season is now in the rearview mirror, and with the second quarter entering its final stretch, investors are beginning to focus on what comes next. One theme, however, continues to dominate the market narrative: AI.Introducing TipRanks MCP for Agents Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools. Designed for ...
First-quarter earnings season is now in the rearview mirror, and with the second quarter entering its final stretch, investors are beginning to focus on what comes next. One theme, however, continues to dominate the market narrative: AI.Introducing TipRanks MCP for Agents Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools. Designed for personal research, portfolio monitoring, and AI-assisted investment workflows. AI has already been a
Brent crude oil hit a multi-year high of $119.50 per barrel in March, following the initial outbreak of the Iran war. The conflict disrupted shipments through the Strait of Hormuz, which accounts for roughly a quarter of the world's maritime oil trade, and boosted many oil stocks . But as of this writing, Brent crude trades at about $87 per barrel. The situation in the Middle East remains volatile...
Brent crude oil hit a multi-year high of $119.50 per barrel in March, following the initial outbreak of the Iran war. The conflict disrupted shipments through the Strait of Hormuz, which accounts for roughly a quarter of the world's maritime oil trade, and boosted many oil stocks . But as of this writing, Brent crude trades at about $87 per barrel. The situation in the Middle East remains volatile, but intermittent peace talks, ceasefires, and discussions to fully reopen the Strait of Hormuz have all brought oil back down from its recent peak. Image source: Getty Images. Continue reading
President Donald Trump revealed Wednesday that the U.S. has been removing Iranian oil from circulation amid the ongoing Middle East conflict. Speaking to reporters in the Oval Office, Trump disclosed that operations have been taking “millions of barrels” of oil each night, an effort he claims has prevented global prices ( CL1:COM ) ( CO1:COM ) from reaching extreme levels. Trump said U.S. forces r...
President Donald Trump revealed Wednesday that the U.S. has been removing Iranian oil from circulation amid the ongoing Middle East conflict. Speaking to reporters in the Oval Office, Trump disclosed that operations have been taking “millions of barrels” of oil each night, an effort he claims has prevented global prices ( CL1:COM ) ( CO1:COM ) from reaching extreme levels. Trump said U.S. forces recently targeted 22 ships transporting oil, arguing these covert actions have kept oil prices at $85 to $90 per barrel instead of potentially reaching $250. Prices jumped Wednesday, with crude ( USO ) and brent ( BNO ) futures both changing hands over $90 per barrel, after the president said that the U.S. would strike Iran “very hard” again, adding pressure on Tehran to agree to a deal. “It was very hard for me. I wanted to say it so badly, but I didn’t want to ruin it,” Trump explained, adding that he can now discuss the operation publicly since Iran has discovered it. Even so, U.S. Energy Secretary Chris Wright reportedly said he is not aware of the oil that Trump claimed the U.S. is taking out of Iran. Assessing Trump's comments, Eurasia Group analyst Gregory Brew wrote in a social media post, "assuming this is anything (and it may not be), it's likely a reference to tankers carrying Iranian oil that the US has seized." Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on Crude Oil Futures, Brent Futures It's Time To Sell The Energy Sector Rates Spark: Oil Losing Control What History Reveals About Today's Crude Oil Volatility Trump says U.S. will hit Iran 'very hard' again; crude tops $90 Oil prices likely to keep climbing after Iran war ends, Shell CEO says
Amazon.com Inc. ’s record loonie bond sale has the Canadian fixed income market working hard to accommodate the deluge of debt, pushing risk spreads higher and spurring other borrowers to delay note sales of their own. Fund managers are selling high-quality bonds to make room for the C$14 billion ($10 billion) Amazon debt sale, weighing on valuations across the market. Even so, the changes are rel...
Amazon.com Inc. ’s record loonie bond sale has the Canadian fixed income market working hard to accommodate the deluge of debt, pushing risk spreads higher and spurring other borrowers to delay note sales of their own. Fund managers are selling high-quality bonds to make room for the C$14 billion ($10 billion) Amazon debt sale, weighing on valuations across the market. Even so, the changes are relatively mild, and risk premiums remain low by historical standards as investors keep pouring money into the market. The Amazon deal, which priced Monday, is the largest ever corporate bond raised in Canadian dollars, eclipsing previous a record set by Alphabet Inc. last month, when it raised C$8.5 billion. The five-part offering makes Amazon a top-10 issuer based on outstanding debt, overtaking two pillars of Canadian industry, National Bank of Canada and Telus Corp. , according to a Bloomberg index . So-called hyperscalers have been tapping every corner of the credit market to raise cash for massive artificial intelligence efforts, and have expanded their investor base by borrowing in currencies like the loonie and euro. The Amazon deal was so large that it has sapped buying capacity for upcoming offerings in Canada, according to Chris Whelan , head of tactical trading strategy of fixed income at TD Securities . “Each deal will feel a bit heavier for the next month,” Whelan told Bloomberg, and borrowers are likely to hold off on big sales for “a good while,” he said. Seeing as the Canadian government typically auctions 30-year bonds in C$3 billion tranches, it’s “no surprise” that Amazon’s deal, which includes a C$4.75 billion 30-year portion, would “distort the Canadian bond market,” said Etienne Bordeleau , a portfolio manager at Ninepoint Partners LP . He pointed to Canada’s long-dated sovereign bonds “massively” underperforming comparable Treasuries on Monday. To make room for the Amazon debt, investors have sold high-grade credits including longer-dated securities fro...
Signal President Meredith Whittaker has once again threatened to pull the app from the UK over the government’s approach to tech regulation. Whittaker told The Mishal Husain Show that Signal “would rather exit a market than undermine the technical guarantees that people trust for their privacy.” (Source: Bloomberg)
Signal President Meredith Whittaker has once again threatened to pull the app from the UK over the government’s approach to tech regulation. Whittaker told The Mishal Husain Show that Signal “would rather exit a market than undermine the technical guarantees that people trust for their privacy.” (Source: Bloomberg)
An analyst at the banking giant Truist Financial has an $83 price target on Viking Therapeutics (NASDAQ: VKTX) , which is particularly notable given that Viking opened at $28.75 per share on June 8. If it reached that target from that June 8 opening price, that would be a gain of 188%. The clinical-stage company lacks commercial products, but it has a promising weight-loss drug candidate, VK2735, ...
An analyst at the banking giant Truist Financial has an $83 price target on Viking Therapeutics (NASDAQ: VKTX) , which is particularly notable given that Viking opened at $28.75 per share on June 8. If it reached that target from that June 8 opening price, that would be a gain of 188%. The clinical-stage company lacks commercial products, but it has a promising weight-loss drug candidate, VK2735, in phase 3 trials. The rewards for getting the drug to market could be substantial, which the bold price target reflects. But so too are the risks for investors. Image source: Getty Images. Continue reading
America’s rare earths problem is often framed as a mining problem. Dan Dreyfus, founder of Borneite Capital, argues that’s the wrong way to look at it because the United States has access to plenty of rare earth deposits. The real challenge is processing them. Speaking on a recent All-In Podcast episode, Dreyfus explained that China ... China Controls One Pivotal “AI Chokepoint.” Why America Can’t...
America’s rare earths problem is often framed as a mining problem. Dan Dreyfus, founder of Borneite Capital, argues that’s the wrong way to look at it because the United States has access to plenty of rare earth deposits. The real challenge is processing them. Speaking on a recent All-In Podcast episode, Dreyfus explained that China ... China Controls One Pivotal “AI Chokepoint.” Why America Can’t Fix Its Rare Earths Problem Overnight