Broadcom expects Q3 revenue at $29.4 billion, higher than the average estimate of $28.5 billion, but much lower than the top-end estimate of $37.5 billion.
Broadcom expects Q3 revenue at $29.4 billion, higher than the average estimate of $28.5 billion, but much lower than the top-end estimate of $37.5 billion.
Autodesk ( ADSK ) and Amazon Web Services (AWS) announced on Wednesday a partnership to improve cloud-based design tools and help customers work more efficiently at scale. As part of the deal, Autodesk products, starting with Fusion and Fusion Manage, will be available on AWS Marketplace from Q2, making purchase and billing simpler for AWS customers. Both companies will also combine Autodesk’s clo...
Autodesk ( ADSK ) and Amazon Web Services (AWS) announced on Wednesday a partnership to improve cloud-based design tools and help customers work more efficiently at scale. As part of the deal, Autodesk products, starting with Fusion and Fusion Manage, will be available on AWS Marketplace from Q2, making purchase and billing simpler for AWS customers. Both companies will also combine Autodesk’s cloud platform using AWS cloud and AI tools to improve performance and complex design workflows. The collaboration is aimed at helping customers innovate faster and scale easily, with partners like Matterport also benefiting from smoother integration. Source: Press Release More on Autodesk Autodesk, Inc. 2027 Q1 - Results - Earnings Call Presentation Autodesk, Inc. (ADSK) Q1 2027 Earnings Call Transcript Autodesk: Primed To Monetize The Elastic Demand For Engineering Optimization Earnings Scoreboard: 11 of 12 firms smash EPS and revenue estimates and deliver Y/Y gains Autodesk falls despite Q1 beat, analysts mull MaintainX acquisition
The vote marked a rare bipartisan rebuke of the war, but is mostly symbolic. Democrats have been unable to pass a war powers resolution in the Senate, and even if they could it would likely be vetoed. (Image credit: Mariam Zuhaib)
The vote marked a rare bipartisan rebuke of the war, but is mostly symbolic. Democrats have been unable to pass a war powers resolution in the Senate, and even if they could it would likely be vetoed. (Image credit: Mariam Zuhaib)
Apple will introduce age verification in the App Store for users in Texas starting on Thursday, June 4th. The move, as spotted by MacRumors , comes just days after a federal appeals court allowed Texas' App Store Accountability Act to go into effect while a lawsuit against it proceeds. People in Texas who are creating a new Apple account will need to verify they're over 18 using a credit card or g...
Apple will introduce age verification in the App Store for users in Texas starting on Thursday, June 4th. The move, as spotted by MacRumors , comes just days after a federal appeals court allowed Texas' App Store Accountability Act to go into effect while a lawsuit against it proceeds. People in Texas who are creating a new Apple account will need to verify they're over 18 using a credit card or government ID . Apple may also automatically verify users' age using the age of their account and whether they have a credit card on file. Meanwhile, users under 18 must join a Family Sharing group, where a parent or guardian will need to provide con … Read the full story at The Verge.
Just_Super Alnylam Pharmaceuticals ( ALNY ) has signed a deal potentially worth up to $2B with Inceptive Nucleics to use generative AI models to accelerate the development of RNAi therapeutics. Inceptive Nucleics will receive $30M upfront, inclusive of cash and Inceptive equity. "Inceptive's foundation model learns the patterns underlying biology and hence can adapt to diverse therapeutic modaliti...
Just_Super Alnylam Pharmaceuticals ( ALNY ) has signed a deal potentially worth up to $2B with Inceptive Nucleics to use generative AI models to accelerate the development of RNAi therapeutics. Inceptive Nucleics will receive $30M upfront, inclusive of cash and Inceptive equity. "Inceptive's foundation model learns the patterns underlying biology and hence can adapt to diverse therapeutic modalities without retraining," per a news release . "In joint exploratory work, the model achieved exceptional performance within weeks, uncovering meaningful biological insights from relatively small datasets to characterize siRNA molecules, the active ingredient in RNAi therapeutics." Alnylam will also have access to Inceptive's scalable, AI-enabled wet-lab training data generation methods. More on Alnylam Pharmaceuticals Alnylam Pharmaceuticals, Inc. (ALNY) Presents at Bank of America Global Healthcare Conference 2026 Transcript Alnylam Pharmaceuticals: The RNAi Leader Continues To Grind Through A Quieter Year Alnylam Pharmaceuticals, Inc. 2026 Q1 - Results - Earnings Call Presentation Ionis, Alnylam, BioMarin up as Citi starts at Buy on catalyst and growth outlook ClearBridge Large Cap Growth adds, and exits multiple positions in Q1
The US and its “Five Eyes” intelligence partners issued what they said was an unprecedented joint notice warning about attempts by Chinese spies to use websites such as LinkedIn to recruit assets. “China’s military intelligence services are using an increasingly wide array of professional networking sites and online job platforms to target Five Eyes government and military personnel – and anyone w...
The US and its “Five Eyes” intelligence partners issued what they said was an unprecedented joint notice warning about attempts by Chinese spies to use websites such as LinkedIn to recruit assets. “China’s military intelligence services are using an increasingly wide array of professional networking sites and online job platforms to target Five Eyes government and military personnel – and anyone with access to classified or privileged information,” according to a joint statement by the FBI,...
monsitj/iStock via Getty Images Precious metals futures fell Wednesday as fresh hostilities between the U.S. and Iran and rising crude oil prices sparked inflationary fears, raising the potential for higher interest rates. U.S. crude oil pushed above $96/bbl as hostilities flared up in the Persian Gulf, with Iranian attacks on Kuwait damaging its airport and injuring dozens while the U.S. militar...
monsitj/iStock via Getty Images Precious metals futures fell Wednesday as fresh hostilities between the U.S. and Iran and rising crude oil prices sparked inflationary fears, raising the potential for higher interest rates. U.S. crude oil pushed above $96/bbl as hostilities flared up in the Persian Gulf, with Iranian attacks on Kuwait damaging its airport and injuring dozens while the U.S. military carried out strikes near the Strait of Hormuz, while diplomatic efforts to halt the conflict show little sign of progress. While oil prices gained, the U.S. dollar index rose for the third straight day, a trend that continues to put pressure on precious metals; a stronger U.S. currency makes dollar-priced metals more expensive for holders of other currencies. As tensions heighten between the U.S. and Iran, analysts expect rising energy prices to lift inflation expectations, which could lead to higher rates, further strengthening the dollar and adding additional downward pressure on gold. New York Fed President John Williams reiterated that he does not believe the central bank needs to change the setting of short-term interest rates, but Cleveland Fed President Beth Hammack said Tuesday that the Fed may need to raise rates soon if already-high inflation pressures continue to mount. Traders also will focus on U.S. May non-farm payrolls data due on Friday to gauge the Fed's monetary policy path. Investors appear to be refraining from opening large new positions before the release of the payrolls data, XS.com's Simon-Peter Massabni said in a note. "Without a clear signal from the data, gold is likely to continue trading in a consolidative pattern." Meanwhile, central banks became net purchasers of bullion in April, buying a net 17 tons led by Poland and China, after March saw net selling, according to the latest data from the World Gold Council. Front-month Comex gold ( XAUUSD:CUR ) for June delivery tumbled 1.2% to $4,436.70/oz, its lowest settlement value since Mar...
Eric Kutcher, McKinsey senior partner and North America chair, said that the technology sector is the where the US remains the most vulnerable to offshore supply chain disruptions as the world up its reliance on semiconductor chips, servers and PCs built in China. Kutcher said that while the US doesn't currently have the manufacturing ability for many of these items, new 'generations' of tech inno...
Eric Kutcher, McKinsey senior partner and North America chair, said that the technology sector is the where the US remains the most vulnerable to offshore supply chain disruptions as the world up its reliance on semiconductor chips, servers and PCs built in China. Kutcher said that while the US doesn't currently have the manufacturing ability for many of these items, new 'generations' of tech innovation provide opportunity to build out the infrastructure. (Source: Bloomberg)
Some members of the billionaire Glazer family have been debating whether to sell their stake in Manchester United FC , after more than 20 years of ownership that has often been blighted by fan protest, people familiar with the matter said. Several stakeholders in the US-based Glazer family have been studying the possibility of divesting part or all of their holdings in the English Premier League f...
Some members of the billionaire Glazer family have been debating whether to sell their stake in Manchester United FC , after more than 20 years of ownership that has often been blighted by fan protest, people familiar with the matter said. Several stakeholders in the US-based Glazer family have been studying the possibility of divesting part or all of their holdings in the English Premier League football club, according to the people. The internal discussions initially centered on stake sales by some individual family members, who are now hoping to convince others to join them, the people said. Deliberations come as Manchester United’s owners face a potential multibillion-pound bill to redevelop the club’s famous Old Trafford stadium in the coming years. On the other hand, the club’s recent qualification for the lucrative UEFA Champions League comes with fresh earnings potential, providing incentive to remain invested. The Glazer family as a whole hasn’t made a decision to exit, and different family members are still discussing the best path forward, the people said, asking not to be identified discussing confidential information. Some remain against a sale and it could be difficult to pursue a deal unless they come around, some of the people said. A representative for Manchester United declined to comment. The Glazers didn’t respond to a request for comment made through the club. Any potential sale could attract interest from suitors including Middle Eastern parties, as well as wealthy individuals in the US. Buyers would likely face a steep price tag for such a high-profile sporting asset at a time when the cost of financing large M&A remains elevated. Shares in Manchester United trade at around $21 on the New York Stock Exchange, giving the club a market value of around $3.6 billion, although any potential sale would far exceed that valuation due to the voting rights of Glazer shares. Avram and Joel Glazer serve as executive co-chairman at the club. Their siblings...