IonQ secures a spot on the Missile Defense Agency's huge SHIELD contract worth up to $151B, opening doors for quantum computing, networking, sensing, and security solutions to support national defense.
IBM shares dropped 10% after Anthropic's Claude AI unveiled powerful COBOL modernization tools, shaking up the old programming language market that IBM relies on heavily.
A viral research report paints a scary AI future with high unemployment and crashing markets despite productivity gains. Software and payments stocks tank as investors react to the "what if AI success is bad?" scenario.
AST SpaceMobile secures a $30 million deal with the U.S. Space Development Agency to demo fast, direct satellite connections for military devices using its BlueBird satellites.
Jefferies downgraded Workday, DocuSign, Monday.com, and Freshworks to Hold due to AI risks hitting app software hard.
OpenAI scales back its massive compute spending target to ~$600B by 2030 (from earlier $1.4T talk), eyes over $280B revenue, closes in on $100B+ funding round with Nvidia, Amazon, and more.
