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Meta stock drops following WSJ report on AI model delay

Meta stock drops following WSJ report on AI model delay

Investing.com -- Shares of Meta Platforms Inc (NASDAQ:META) fell 2.5% amid news that the company is postponing the launch of its highly anticipated AI model, Behemoth, due to developmental challenges. According to the Wall Street Journal, the delay has raised questions within the company regarding the effectiveness of its substantial investments in artificial intelligence.The tech giant, known for ...

2025-05-16 05:59:30
Avelo Airlines faces backlash over Trump deportation flight contract

Avelo Airlines faces backlash over Trump deportation flight contract

By Rajesh Kumar Singh (Reuters) -Avelo Airlines, a Texas-based budget carrier, is facing backlash from both customers and employees over its decision to operate deportation flights under a new contract with the Trump administration. President Donald Trump has launched a hardline crackdown on illegal immigration, including the deportation of Venezuelan migrants he accuses of being gang members to a ...

2025-05-16 05:58:28
World’s first commercial-scale e-methanol plant opens in Denmark

World’s first commercial-scale e-methanol plant opens in Denmark

By Isabelle Yr Carlsson COPENHAGEN (Reuters) - The world’s first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk set to buy part of the production as a low-emission fuel for its fleet of container ships. The shipping sector is under pressure to find new sources of fuel after a majority of countries gave their backing to measures to help meet t ...

2025-05-16 05:57:27
European stock markets anticipate IPO surge - Bloomberg

European stock markets anticipate IPO surge - Bloomberg

Investing.com -- The upcoming weeks may witness a surge in initial public offerings (IPOs) on European stock exchanges, as easing market volatility presents a golden opportunity for issuers to reach potential investors.According to Bloomberg, citing insiders, at least five substantial companies are contemplating a debut share sale on regional markets before the traditional summer slowdown, which t ...

2025-05-16 05:56:23