The southwest monsoon staged a substantial recovery in July, but is expected to slow again through August and September, with below-normal rainfall – less than 94% of the long-period average – likely for the remainder of the season, the India Meteorological Department said on Friday. Issuing its long-range forecast for the next two months at … Read more
Former OpenAI researcher Leopold Aschenbrenner’s $20-billion AI-focused fund is unwinding public equity bets as the sector’s recent selloff takes its toll. Situational Awareness had amassed more than $20 billion in assets by making concentrated, leveraged bets on AI and semiconductor companies. The portfolio was heavily exposed to AI infrastructure and chip names, including Nvidia, Oracle, … Read more
YSRCP chief YS Jagan Mohan Reddy slammed the arrest of ex-minister Seediri Appala Raju, calling it a ‘false case’ by the Chandrababu Naidu government. He alleged political vendetta and an attempt to trouble a BC family and ruin a young boy’s future. Former Andhra Pradesh Chief Minister and YSR Congress Party (YSRCP) chief YS Jagan … Read more
PM Narendra Modi hailed the passage of the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, promising a reliable exam system and vowing that those involved in paper leaks ‘will not be spared.’ The Bill proposes stricter penalties. Prime Minister Narendra Modi on Thursday welcomed Parliament’s passage of the Public Examinations (Prevention of Unfair … Read more
Neeraj Chopra qualified for the Commonwealth Games 2026 javelin final, expressing satisfaction with his 79.61m throw amidst challenging cold and windy conditions. Fellow Indians Rohit Yadav and Yash Vir Singh also advanced to the medal round. Neeraj Chopra said he was satisfied with qualifying for the javelin final at the Commonwealth Games 2026 despite challenging … Read more
Mizuho upgraded Bloom Energy to Outperform from Neutral with a price target of $242, a 48% upside from Wednesday’s closing price. BE stock surged nearly 28%, on track for its best day this year, following strong quarterly results. The fuel-cell-based energy provider on Tuesday reported earnings of $0.78 per share on revenue of $1.07 billion … Read more
Corcept Therapeutics and Anika Therapeutics received Wall Street support after reporting strong second-quarter results and sharply raising their full-year 2026 outlook. H.C. Wainwright raised CORT’s price target to $165 from $95 and maintained a ‘Buy’ rating, according to The Fly. Corcept reported second-quarter revenue of $256.1 million, up 32% year over year. B. Riley raised … Read more
Carvana reported record second-quarter figures on Wednesday, with revenue climbing 52% year-over-year to $7.38 billion. Full-year 2026 adjusted core profit guidance of $2.7 billion to $3 billion disappointed investors. Citizens highlighted Carvana’s strong unit expansion and execution as evidence of durable structural growth, viewing any near-term EBITDA pressure as temporary. RBC Capital sees Carvana on … Read more
Munster said the bigger question beyond Apple’s September-quarter guidance is whether the company can convince investors that it has the capabilities to compete in AI. Munster expects investors to focus less on Apple CEO Tim Cook’s remarks about the iOS 27 Siri beta and more on concrete rollout updates. He said investors want clarity on … Read more
OpenAI has announced substantial price cuts for its GPT-5.6 Luna and Terra models alongside a faster processing tier for GPT-5.6 Sol. API pricing for the lightweight GPT-5.6 Luna model drops by 80%, while the middle-tier GPT-5.6 Terra sees a 20% price reduction. A new API “Fast mode” for the flagship GPT-5.6 Sol delivers up to … Read more