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Tariff threat hits hard: RTX warns of $850 million impact, defense stocks sink
Shares of major U.S. defense contractors tanked Tuesday, with Northrop Grumman (NOC) and RTX (RTX) ranking among the S&P 500’s steepest decliners after earnings reports flagged cost overruns, shrinking margins, and rising tariff exposure — even as revenue remained strong.Read more... [...]
Epic Games ends its antitrust lawsuit against Samsung
Epic Games has dropped its suit against Samsung. "We’re dismissing our court case against Samsung following the parties’ discussions," Epic CEO and founder Tim Sweeney posted on X. "We are grateful that Samsung will address Epic’s concerns." The company filed the action in September.<br /> The lawsuit centered on the company's Auto Blocker feature, which only a [...]
GridCARE Emerges from Stealth with $13.3M to Solve AI’s Power Crisis with Generative Grid Intelligence
GridCARE, a pioneering grid intelligence company, has officially emerged from stealth with a $13.3 million seed round, aiming to solve one of artificial intelligence’s most pressing bottlenecks: access to reliable power. The oversubscribed round was led by Xora, a deep tech venture firm backed by Temasek, with participation from a coalition of climate, AI, and […]<br /> The post GridCARE [...]