TECH

Defense Stocks Rally as Military Spending Expectations Rise

Markets react to budget signals Defense stocks surged globally after comments from Washington indicated plans to dramatically expand U.S. military spending, fueling investor optimism around long-term weapons procurement and defense infrastructure investment. In U.S. trading, Northrop Grumman and Lockheed Martin

Tesla Flags Weaker Q4 Deliveries in Rare Pre-Announcement Move

Tesla took the rare step of previewing expectations for its upcoming fourth-quarter deliveries, hinting that results may come in weaker than investors have grown accustomed to. In a first for the company, Tesla posted compiled Wall Street consensus estimates directly

IBM Makes $11B Bet on Real-Time Data With Confluent Acquisition

IBM Adds Major AI Infrastructure Piece With $11B Confluent Deal IBM announced Monday it will acquire Confluent, the enterprise data-streaming platform powering real-time information flow across major industries, in a transaction valued at $11 billion. The deal reflects IBM’s push

Alibaba’s New $500 AI Glasses Challenge Meta in Wearables

Alibaba has officially stepped into the next major consumer tech battleground with the launch of its Quark AI Glasses, priced at roughly $500, signaling its intent to challenge Meta and other global players in the race to define the post-smartphone

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