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Archer Aviation projects losses up to $200M per quarter with $1.6B in cash, giving it roughly 8 quarters before funds run out. FAA certification is the key milestone.
Eight-year-old Beckett Phelps is showing interest in swimming, with early guidance from Bob Bowman, the coach who built his father Michael Phelps’ career.
Luigi Mangione pleaded guilty to federal stalking charges ahead of his New York murder trial over the killing of a UnitedHealthcare executive, set to begin next month.
Anthropic’s IPO valuation is built on a $190-200B revenue forecast for 2028, not current financials — a rare and aggressive Wall Street pricing move.
Lucid delayed its Cosmos SUV amid dwindling liquidity. The move looks like capital discipline, but raises questions about whether the company can execute its roadmap.
U.S. stocks hit a record after July inflation data showed improvement, while Asian shares fell mostly lower and U.S. futures stayed little changed.
Anthropic’s IPO valuation is built on a $190-200B revenue forecast for 2028, not current financials — a rare and aggressive Wall Street pricing move.
Birkenstock raised its full-year revenue forecast Wednesday, citing resilient full-price demand from affluent shoppers for its premium sandals.
Just In
Luigi Mangione pleaded guilty to federal stalking charges ahead of his New York murder trial over the killing of a UnitedHealthcare executive, set to begin next month.
U.S. stocks hit a record after July inflation data showed improvement, while Asian shares fell mostly lower and U.S. futures stayed little changed.
Trump’s vaccine executive order is raising alarms among pediatricians as measles spreads, immunization rates fall, and children return to school.
Clothing retailers are offering repairs and sewing workshops to attract Gen Z shoppers motivated by both saving money and reducing environmental waste.
Finance
Archer Aviation projects losses up to $200M per quarter with $1.6B in cash, giving it roughly 8 quarters before funds run out. FAA certification is the key milestone.
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On Holding cut its full-year sales outlook, missing expectations and sending shares lower premarket. Roger Federer’s equity stake fell with the stock.
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Bond strategists say elevated long-term yields reflect weak demand, heavy supply, and deep policy uncertainty — conditions that aren’t reversing soon.
