ADVFN US – Market Content Editor
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Intel shares rise after joining Terafab semiconductor initiative
Intel (NASDAQ:INTC) shares climbed about 2% on Tuesday morning after the company confirmed it has joined the Terafab chip manufacturing initiative alongside SpaceX, xAI and Tesla. The stock moved higher following reports that Intel hosted Elon Musk over the weekend and subsequently announced its participation in the project. In a post on X, Intel said…
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Planet Labs tests onboard AI object detection on Pelican-4 satellite
Planet Labs PBC (NYSE:PL) said it has successfully carried out AI-powered object detection directly aboard its Pelican-4 satellite, marking a step forward in real-time space-based data analysis. The test, conducted on March 25, involved capturing imagery of an airport located about 500 kilometers above Alice Springs, Australia, and identifying aircraft shortly after the image was…
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Uber expands AWS infrastructure to boost ride-matching and delivery efficiency
Uber Technologies Inc. (NYSE:UBER) said it is increasing its use of Amazon Web Services (AWS) infrastructure to improve the performance of its ride-hailing and delivery platforms. The company is rolling out AWS Graviton4 computing instances to power more of its Trip Serving Zones, the system that processes ride and delivery requests in real time. Trip…
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Lunai Bioworks unit secures defense collaboration for AI chemical threat platform
Lunai Bioworks Inc. (NASDAQ:LNAI) said its subsidiary BioSymetrics has signed a multi-year commercial partnership with a biotechnology company to develop an artificial intelligence–enabled platform focused on assessing chemical threats. Under the collaboration, BioSymetrics will apply its phenotypic screening technology and AI capabilities to detect and categorize neuroactive and neurotoxic compounds. The initiative expands Lunai Bioworks’…
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Acadia launches powder version of Rett syndrome treatment in the U.S.
Acadia Pharmaceuticals Inc. (NASDAQ:ACAD) said its new powder formulation of trofinetide, marketed as DAYBUE STIX, is now available in the United States for the treatment of Rett syndrome. The U.S. Food and Drug Administration approved the formulation in December 2025. DAYBUE STIX is a dye- and preservative-free powder designed to be mixed with water-based liquids…
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Helport AI deploys AI-driven debt collection platform with Asian finance partner
Helport AI Limited (NASDAQ:HPAI) said it has launched an artificial intelligence–powered debt collection system in collaboration with a consumer finance company in Asia, according to a company statement. The technology firm said its AI labor platform has been integrated into the partner’s financial services operations, with the goal of improving recovery outcomes, enhancing customer interactions…
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Amentum awarded $425 million CAL FIRE aviation support contract
Amentum (NYSE:AMTM) has secured a $425 million contract from the California Department of Forestry and Fire Protection (CAL FIRE) to deliver aerial firefighting support services. The agreement runs for an initial three-year term and includes two optional extensions that could lengthen the partnership. Under the contract, Amentum will coordinate the training, scheduling and deployment of…
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Delta increases checked baggage fees amid rising fuel costs
Delta Air Lines (NYSE:DAL) said Tuesday it will raise fees for checked baggage on domestic flights and certain short-haul international routes, as carriers seek to manage higher jet fuel costs tied to escalating tensions in the Middle East. The move marks Delta’s first increase in domestic baggage fees in two years and comes after similar…
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U.S. durable goods orders fall more than expected, weighing on dollar outlook
The latest data on U.S. durable goods orders showed a sharper decline than economists had predicted, raising fresh concerns about the strength of the manufacturing sector and its potential impact on the broader economy. Orders for durable goods dropped 1.4%, exceeding the expected decrease of 1.1%. The larger-than-anticipated fall suggests manufacturers are facing weaker demand…
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Futures Signal Lower Start for Wall Street: Dow Jones, S&P, Nasdaq
U.S. stock futures indicated a weaker open on Tuesday, suggesting equities may retreat after posting gains in recent trading sessions. Investor caution comes as markets closely monitor developments in the Middle East ahead of an 8 p.m. ET deadline set by U.S. President Donald Trump for Iran to reach an agreement. Trump has warned that…