Sitting in a nondescript facility just north of the city’s airport, employees working in this skunkworks facility are harnessing the brand’s tremendously deep experience in vehicle manufacturing by putting almost all of its UEV platform development under one roof. | Image: Ford Ford isn't sending the clearest signals regarding its EV future. We got a glimpse of its Universal EV (UEV) Project last ...
Sitting in a nondescript facility just north of the city’s airport, employees working in this skunkworks facility are harnessing the brand’s tremendously deep experience in vehicle manufacturing by putting almost all of its UEV platform development under one roof. | Image: Ford Ford isn't sending the clearest signals regarding its EV future. We got a glimpse of its Universal EV (UEV) Project last February , but then it pulled the plug on the F-150 Lightning , which is regarded as one of the more successful electric pickup trucks to date. The climate surrounding electric vehicles hasn't helped, either, between loosening emissions rules, tariffs, and the elimination of the federal EV tax credit. But recently, after touring Ford's less-than-two-year-old Electric Vehicle Development Center (EVDC) located in Long Beach, California, I have a better sense of the company's current position. Ford says it will continue to bui … Read the full story at The Verge.
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue gener...
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue generation side. The firm reported its Q1 2026 results a few hours ago, and we see that it beat strongly again on both the top and bottom lines, guiding for massive expansion in the "high-risk area," i.e., in the US commercial segment. But the stock's price action refused to adjust higher. PLTR is currently trading 2-3% below the previous closing price in the after-market trading session. TrendSpider Software, PLTR hourly, notes added The sentiment, or better to say, the market's narrative around PLTR hasn't changed much following the latest updates, but it should have changed, in my opinion. We saw from the actual Q1 results that Palantir is likely isolated from the main Claude-related risks, and its software will be essential for the US government's tech purposes for years to come. The lack of the post-earnings reaction only helps PLTR reset its valuation, and it's a good thing, actually, for long-term holders. Since I see no reason for a downgrade in the just-released financials and guidance, I remain bullish on PLTR. Why Do I Think So? I suppose you've already seen some post-earnings analyses on Seeking Alpha or elsewhere, so I'll just briefly mark the main parts that I found interesting in PLTR's Q1 results. Total revenue for the quarter surged by 85% YoY or +16% QoQ, beating the consensus estimate by 5.9% (above the average beat size despite the fact that analysts had initially put a premium on the top-line consensus vs. the midpoint of the guidance). It was the highest revenue growth rate since the company gained its public status, and the acceleration fact is telling me ...
Romanian Pro-EU Government Collapses After No-Confidence Vote, Currency Tumbles To Record Low Lawmakers toppled Romanian Prime Minister Ilie Bolojan's pro-EU government in a no-confidence vote on Tuesday, putting at risk the country's sovereign debt ratings, its access to EU funds and the stability of its currency. Of the valid votes cast in the parliament, 285 voted for the motion of censure an...
Romanian Pro-EU Government Collapses After No-Confidence Vote, Currency Tumbles To Record Low Lawmakers toppled Romanian Prime Minister Ilie Bolojan's pro-EU government in a no-confidence vote on Tuesday, putting at risk the country's sovereign debt ratings, its access to EU funds and the stability of its currency. Of the valid votes cast in the parliament, 285 voted for the motion of censure and four against, exceeds the 251 signatures collected last week for the motion and above the 233 needed to pass, the official parliamentary count showed. Romania's Prime Minister Ilie Bolojan Bolojan has led a minority government since late April when the Social Democrats - the largest party in parliament - called for his resignation and then walked out of the four-party coalition and teamed up with the far-right opposition to file a no-confidence vote. Although a snap election looks unlikely, financial markets are concerned that the turbulence could mean Bucharest wavers in its commitment to narrowing the European Union's biggest budget deficit. Romania's leu currency fell to a record low against the euro ahead of Tuesday's vote. The current coalition came to power 10 months ago with a view to containing the gains of the far right after a series of polarizing elections, and it had begun to reduce the deficit, narrowly avoiding a ratings downgrade from the last rung of investment grade. But the Social Democrats - without whom a pro-EU majority cannot be achieved - have repeatedly clashed with Bolojan as his austerity measures have hit their voters and patronage networks, while their popular support has bled away to the far right. Nevertheless, opinion polls still show Bolojan is the most popular politician in the ruling coalition. Bolojan will stay on as interim premier with limited powers until a new government is approved by parliament. "Can anyone say how Romania will function from tomorrow, do you have a plan?" Bolojan asked lawmakers before the vote. "Romanians w...
CAMARILLO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC: QBAK), a trusted provider of scalable data storage and high-efficiency power solutions, today reported financial results for the quarter ended March 31, 2026.
CAMARILLO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC: QBAK), a trusted provider of scalable data storage and high-efficiency power solutions, today reported financial results for the quarter ended March 31, 2026.
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue gener...
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue generation side. The firm reported its Q1 2026 results a few hours ago, and we see that it beat strongly again on both the top and bottom lines, guiding for massive expansion in the "high-risk area," i.e., in the US commercial segment. But the stock's price action refused to adjust higher. PLTR is currently trading 2-3% below the previous closing price in the after-market trading session. TrendSpider Software, PLTR hourly, notes added The sentiment, or better to say, the market's narrative around PLTR hasn't changed much following the latest updates, but it should have changed, in my opinion. We saw from the actual Q1 results that Palantir is likely isolated from the main Claude-related risks, and its software will be essential for the US government's tech purposes for years to come. The lack of the post-earnings reaction only helps PLTR reset its valuation, and it's a good thing, actually, for long-term holders. Since I see no reason for a downgrade in the just-released financials and guidance, I remain bullish on PLTR. Why Do I Think So? I suppose you've already seen some post-earnings analyses on Seeking Alpha or elsewhere, so I'll just briefly mark the main parts that I found interesting in PLTR's Q1 results. Total revenue for the quarter surged by 85% YoY or +16% QoQ, beating the consensus estimate by 5.9% (above the average beat size despite the fact that analysts had initially put a premium on the top-line consensus vs. the midpoint of the guidance). It was the highest revenue growth rate since the company gained its public status, and the acceleration fact is telling me ...
Quali, the leader in Environment-as-a-Service automation, today announced that its Torque platform supports the NVIDIA Nemotron™ 3 family of open models, extending Torque's governed infrastructure capabilities to cover the full NeMo and NIM agentic AI stack. The announcement coincides with the general availability of Nemotron 3 Super and the upcoming release of Nemotron 3 Ultra, giving enterprises...
Quali, the leader in Environment-as-a-Service automation, today announced that its Torque platform supports the NVIDIA Nemotron™ 3 family of open models, extending Torque's governed infrastructure capabilities to cover the full NeMo and NIM agentic AI stack. The announcement coincides with the general availability of Nemotron 3 Super and the upcoming release of Nemotron 3 Ultra, giving enterprises a production-ready path to deploy, manage, and scale Nemotron 3 workloads from day one.
Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010. The firm is seeking as much as $175 million for the 88-room property, Northridge Chief Executive Officer David Jackson said in an interview. At $2 million a room, that valuation would be at the high end nationally; last month, Braemar Hotels & ...
Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010. The firm is seeking as much as $175 million for the 88-room property, Northridge Chief Executive Officer David Jackson said in an interview. At $2 million a room, that valuation would be at the high end nationally; last month, Braemar Hotels & Resorts Inc. said it had agreed to sell a Park Hyatt resort in Beaver Creek , Colorado, for just over $900,000 per room. Such properties rarely hit the market around the mountain, and new construction has been limited by land use restrictions that are among the most strict in the country. The supply constraints have kept Aspen prices high: Room rates are up 45% from pre-Covid levels, growing at nearly double the rate of the national average. “Many ski resorts view themselves as places that attracts tourists, and as a result, they’re relatively receptive to development,” Jackson said. “Aspen is the opposite. It views itself as someplace very special, and it is.” Marriott International Inc. , which owns the W brand, will continue to operate the hotel. The W is coming to market at a time when the growing wealth of the upper classes is boosting high-end travel, and the cost and complexity of building luxury hotels is making it hard for real estate developers to keep up with demand. As of March, construction had started on just 81 luxury hotels, according to data from CoStar Group Inc. , with the number of rooms down 40% from 2019. “I think we’re going to see interest from all corners of the investor universe,” said Kevin Davis, chief executive officer of the hotel practice at Jones Lang Lasalle, which is working with Northridge to market the W. Northridge bought the property, then known as the Aspen Club Lodge, for $20 million in 2001, Jackson said. The company changed its name to the Sky Hotel and hired Kimpton to manage it. The location was perfect, sitting just a few hundred...
Everything about Ford Motor Co. ’s Long Beach, California, “ skunkworks ” operation was designed so that its crack engineering team could dream up a new electric vehicle lineup that broke with convention. And yet after years of tinkering, the automaker is aiming to reinvent a form it didn’t get right the first time: the pickup truck. Inside a soaring warren of buildings that’s thousands of miles a...
Everything about Ford Motor Co. ’s Long Beach, California, “ skunkworks ” operation was designed so that its crack engineering team could dream up a new electric vehicle lineup that broke with convention. And yet after years of tinkering, the automaker is aiming to reinvent a form it didn’t get right the first time: the pickup truck. Inside a soaring warren of buildings that’s thousands of miles away from Ford’s Dearborn, Michigan, home, designers and engineers are working on simplifying and speeding up development of what the company says will be a sleek, lightweight plug-in pickup truck that will start at $30,000 . This isn’t the F-150 Lightning redux. This time, the automaker says it’s attempting to overhaul its EV strategy to finally convince polarized American drivers that electric power remains the future of transportation with the right combination of low price, high style and useful tech inside the cabin. It’s built on Ford’s first EV platform designed from the ground-up, but the company isn’t pitching that as its biggest selling point, even in these days of soaring gas prices. “People shouldn’t care about the powertrain in this, they should care about it being the best vehicle to drive every day,” said Alan Clarke , the former Tesla Inc. engineer who joined the automaker in 2022 to lead the project. “And then, okay, fourth or fifth on the list, it saves you money on gas.” It’s an open question whether truck buyers will bet again on Ford and another electric pickup, even if this one does get better range. EV market share in America has fallen by half since President Donald Trump removed consumer incentives last fall for buying battery-powered cars, which he derisively referred to as part of the “green new scam.” Ford’s EV sales plunged 70% in the first quarter , after it pulled the plug on its slow-selling F-150 Lightning and currently only offers one electric model — the five-year-old Mustang Mach e. In December, Ford said it would take $19.5 billion in cha...
Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today announced the launch of the In-Sight® 3900 Vision System. Built on a new generation of Cognex embedded AI vision technology and powered by Qualcomm Dragonwing™ platforms, the In-Sight 3900 is a fully integrated vision system that delivers industry-leading speed, accuracy, and resolution at the edge,...
Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, today announced the launch of the In-Sight® 3900 Vision System. Built on a new generation of Cognex embedded AI vision technology and powered by Qualcomm Dragonwing™ platforms, the In-Sight 3900 is a fully integrated vision system that delivers industry-leading speed, accuracy, and resolution at the edge, enabling manufacturers to run demanding inspections without sacrificing throughput or simplicity.
Redefining rack-scale density with breakthrough energy efficiency versus hard drives A Media Snippet accompanying this announcement is available by clicking on this link. BOISE, Idaho, May 05, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced it is now shipping the 245TB capacity Micron® 6600 ION SSD, the world’s highest capacity commercially available SSD. The drive m...
Redefining rack-scale density with breakthrough energy efficiency versus hard drives A Media Snippet accompanying this announcement is available by clicking on this link. BOISE, Idaho, May 05, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced it is now shipping the 245TB capacity Micron® 6600 ION SSD, the world’s highest capacity commercially available SSD. The drive marks a major step forward in rack-scale storage density for data centers and is designed to support
VCF 9.1 Empowers Enterprises with Accelerated AI Workload Deployment at Lower Costs, Enhanced Security, and an Open Hardware EcosystemPALO ALTO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, today announced VMware Cloud Foundation (VCF) 9.1, a secure and cos...
VCF 9.1 Empowers Enterprises with Accelerated AI Workload Deployment at Lower Costs, Enhanced Security, and an Open Hardware EcosystemPALO ALTO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ: AVGO), a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, today announced VMware Cloud Foundation (VCF) 9.1, a secure and cost-effective infrastructure platform for production AI workloads. VCF 9.1 delivers an AI and Kubernet
AUSTIN, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced the return of its popular virtual events, IdentityTV and Developer Days, to be held May 19-21, 2026. The events will offer tailored content for both business leaders and technical practitioners focused on navigating the new "agentic economy" where AI and non-hum...
AUSTIN, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced the return of its popular virtual events, IdentityTV and Developer Days, to be held May 19-21, 2026. The events will offer tailored content for both business leaders and technical practitioners focused on navigating the new "agentic economy" where AI and non-human identities are paramount. IdentityTV | May 19, 2026 at 8 am CT IdentityTV is a virtual 3-hour eve
NEW YORK, May 05, 2026--MNTN (NYSE: MNTN), the technology platform that brings performance marketing to Connected TV, today announced the latest evolution of QuickFrame AI 3.0, its AI-powered creative platform built to help brands create premium video ads faster, easier, and with greater control.
NEW YORK, May 05, 2026--MNTN (NYSE: MNTN), the technology platform that brings performance marketing to Connected TV, today announced the latest evolution of QuickFrame AI 3.0, its AI-powered creative platform built to help brands create premium video ads faster, easier, and with greater control.
PALO ALTO, Calif., May 05, 2026--RadixArk, the company democratizing access to frontier AI infrastructure, launched today with $100 million in Seed funding at a $400 million post-money valuation. The round was led by Accel and co-led by Spark Capital, with participation from NVentures (NVIDIA’s venture capital arm), Salience Capital, A&E Investments, HOF Capital, Walden Catalyst Ventures, AMD, LDV...
PALO ALTO, Calif., May 05, 2026--RadixArk, the company democratizing access to frontier AI infrastructure, launched today with $100 million in Seed funding at a $400 million post-money valuation. The round was led by Accel and co-led by Spark Capital, with participation from NVentures (NVIDIA’s venture capital arm), Salience Capital, A&E Investments, HOF Capital, Walden Catalyst Ventures, AMD, LDV Partners, WTT Investment, and MediaTek.
alexsl/iStock via Getty Images Canada had a trade surplus of C$1.8 billion in March 2026, down from C$5.1 billion in February and better than the expected C$2.9 billion deficit. This was the first surplus since September 2025. Exports increased by 8.5% to C$72.8 billion in March 2026, the highest since January 2025, despite economic uncertainty. Imports dropped 1.6% to C$71 billion , with declines...
alexsl/iStock via Getty Images Canada had a trade surplus of C$1.8 billion in March 2026, down from C$5.1 billion in February and better than the expected C$2.9 billion deficit. This was the first surplus since September 2025. Exports increased by 8.5% to C$72.8 billion in March 2026, the highest since January 2025, despite economic uncertainty. Imports dropped 1.6% to C$71 billion , with declines in most product categories. More on Canada: FLCA: Warrants Broader Interest, But Wait For A Pullback Canada manufacturing PMI surges to 53.30 in April, up from 50.00 in March Canada to launch its first sovereign wealth fund with initial C$25B funding Seeking Alpha’s Quant Rating on Franklin FTSE Canada ETF Dividend scorecard for Franklin FTSE Canada ETF
UiPath ( PATH ) announced on Tuesday the release of agentic AI capabilities on UiPath Automation Suite. The company said that the Automation Suite updates help government agencies and regulated industries accelerate agentic AI and automation adoption and are designed to address strict data sovereignty and compliance requirements. It added that these new capabilities empower agencies to deploy agen...
UiPath ( PATH ) announced on Tuesday the release of agentic AI capabilities on UiPath Automation Suite. The company said that the Automation Suite updates help government agencies and regulated industries accelerate agentic AI and automation adoption and are designed to address strict data sovereignty and compliance requirements. It added that these new capabilities empower agencies to deploy agentic AI within their infrastructure using cloud-hosted or self-hosted large language models (LLMs), maintaining control over data residency while advancing workforce productivity, operational efficiency, and constituent services. According to the company, the latest UiPath Automation Suite runs across AWS, Microsoft Azure, and OpenShift environments, allowing agencies to use the infrastructure they already trust. Through integrations with Microsoft, OpenAI, Nvidia, Google Cloud, Salesforce, Snowflake, and others, agencies can leverage existing technology investments while scaling agentic automation securely. Additionally, customers can deploy agentic AI using cloud-hosted models, including OpenAI, Google Gemini, Anthropic, or fully self-hosted models, providing flexibility to meet data residency, security, and compliance requirements. “As government agencies adopt agentic automation, our focus is helping them stay in control of their data, models, and how AI is used,” said Chris Radich , Public Sector Chief Technology Officer at UiPath. “The UiPath Platform brings together AI, automation, and orchestration so agencies can run workflows end-to-end, improve service delivery, and meet the security and compliance standards they operate under.” More on UiPath UiPath, Inc. (PATH) Discusses Product Strategy, Roadmap, and Agentic Business Orchestration Capabilities Transcript UiPath: My Buy Zone Has Materialized - Agentic Automation Beneficiary UiPath: Why Take The Risk When There Are Better AI Options? UiPath CTO Raghu Malpani takes expanded role as chief product and technology off...
Unusual Machines ( UMAC ) on Tuesday said it has initiated about $75M in strategic purchase orders to secure materials and inventory as it prepares for rising demand across its drone component lines. The company said the investment is aimed at strengthening its U.S.-based, NDAA-compliant supply chain and enabling production at scale over the next 12 months. The move follows a recent $150M capital ...
Unusual Machines ( UMAC ) on Tuesday said it has initiated about $75M in strategic purchase orders to secure materials and inventory as it prepares for rising demand across its drone component lines. The company said the investment is aimed at strengthening its U.S.-based, NDAA-compliant supply chain and enabling production at scale over the next 12 months. The move follows a recent $150M capital raise intended to fund inventory and long-lead materials. Unusual Machines said the spending reflects increasing visibility into structured procurement programs and growing demand tied to U.S. drone initiatives, alongside tighter regulatory requirements favoring domestic production. More on Unusual Machines Unusual Machines: How To Play The Drone Boom Without Betting On A Single Platform Unusual Machines: From Vast Opportunity To Concrete Execution (Upgrade) Unusual Machines' Drones Go Vertical Unusual Machines secures $5M+ deal in counter-UAS; deliveries start in April Unusual Machines secures over $5M order from Powerus
Welcome back to Bloomberg’s Defense Monitor , a weekly rundown on the companies, geopolitics and finances of the future battlefield. Sign up now if you’re not already on the list. Well, hello again. Let’s check the headlines and ... yep, not only is the strait still closed , but a ceasefire is still in place despite fire very much not being ceased . The North Atlantic Treaty Organization is also i...
Welcome back to Bloomberg’s Defense Monitor , a weekly rundown on the companies, geopolitics and finances of the future battlefield. Sign up now if you’re not already on the list. Well, hello again. Let’s check the headlines and ... yep, not only is the strait still closed , but a ceasefire is still in place despite fire very much not being ceased . The North Atlantic Treaty Organization is also in the headlines, for all the wrong reasons. US President Donald Trump removed troops from Germany because it’s among the European countries that aren’t helping clean up the Gulf situation after the US and Israel started their war with Iran. US commercial flights to Venezuela resumed for the first time since a military operation there captured the country’s president, Nicolas Maduro, and his wife. Speaking of commercial flights, an increasingly nervous chorus of voices from Europe and Asia is warning that jet fuel is approaching critical shortages that may curtail air travel. US Central Command asked to transfer the Dark Eagle hypersonic strike system — a weapon so new there are no more than eight missiles in existence — to the Gulf for use in the Iran war. Oil reacted to Trump’s stated plan of maintaining the US blockade by staying above $100 a barrel. Meanwhile, the United Arab Emirates left OPEC . And Iran reiterated in public statements it has no intention of giving up its nuclear program. For a look at why North Korea’s example shows how that might be a rational decision, read on to the Breakout ... — Gerry Doyle Market Snapshot Palantir Technologies Inc $146.03 +1.4% Lockheed Martin Corp $518.15 +1.0% Boeing Co/The $221.30 -2.7% Northrop Grumman Corp $567.00 -0.2% Market data as of 08:53 AM ET. Data is subject to provider delays. Breakout One of the reasons the US has given for attacking Iran is to eliminate Tehran’s nuclear program. But in doing so, it may have provided painful evidence that such a program is needed . Just look at North Korea. Pyongyang’s nuclear arse...