Palantir Technologies' sales of AI software to U.S. corporations surged in the second quarter, helping boost its quarterly profit and send the stock up in after-hours trading Monday.
Why it matters: Best known as a vendor of national security software to the U.S. government, Palantir has stressed that its AIP software platform — which helps corporations better embed AI into operations — would be another key driver for the business.
Beef sales are plunging, but processors continue to raise prices as a yearslong cattle shortage strains the industry.
Why it matters: Constrained cattle supplies are driving up costs for meatpackers, squeezing profits, and threatening to keep burgers and steaks expensive on menus and grocery shelves.
Private equity just met its match: International soccer.
Driving the news: FIFA has dropped plans to form a commercial subsidiary backed by up to $4.2 billion in private investment, led by Joshua Kushner's Thrive Eternal, less than a week after they became publicly known.
Far eastern Aurora's residents see rooftops rising across their landscape, but many still feel stuck in the middle of nowhere.
Zoom in: A King Soopers planned near 56th Avenue and Picadilly Road could see dirt moving later this summer, and a November vote could bring a library and rec center to the area along E-470.
TotalEnergies is buying Shell's entire European onshore renewables business, the companies said Monday morning.
Why it matters: It signals the differing strategies of the multinational energy giants, as Shell pares back owning renewable assets to focus on its core oil and gas business.
Elon Musk's galactic AI rocket-social media company faces two big tests this week: reporting its first financials as a public company and potentially coping with a flood of unlocked stock.
Why it matters: Investors aren't exactly eager to scoop up shares. Judging by the SpaceX stock price, Musk's power to drive investor excitement is already fading.
Climate adaptation is increasingly moving from planning to real-world action as heat waves, droughts, wildfires, floods and hurricanes test communities across the U.S.
Why it matters: Even if greenhouse gas emissions decline, many communities are already facing more frequent or intense climate extremes, prompting officials to invest in infrastructure designed to reduce future damage.
Top AI researchers continue to jump between leading AI labs as competition for elite talent intensifies.
Why it matters: Hiring elite AI researchers is hard. Keeping them — even after offering enormous pay, prestigious titles and vast computing resources — is proving almost as difficult.
