Author: Press Room
Rollins stock falls as revenue misses estimates, pest control growth slows
Meta says some of its biggest cash incinerators could finally start turning profits.The social media giant, which generated over 97% of its quarterly revenue from ads, has faced persistent questions from investors about the lack of profitability in its AI and hardware initiatives.Meta CEO Mark Zuckerberg addressed those concerns head-on during its third-quarter earnings call on Wednesday.Zuckerberg said that Muse, the AI assistant it launched last month, is unprofitable since it’s “very compute intensive to run.” Meta expects to start turning that around next year by massively improving Muse’s efficiency.”If compute efficiency continues improving quickly for another few years, which we think is…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Mar 2024 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: October 21, 2026 Anthropic’s Claude AI predicts an unbelievable price for Ethereum (ETH USD),…
Anthropic is joining the personal AI agent craze.The company announced the new app Claude Duet on Wednesday, billed as a “proactive agent” that can run in the background, surface tasks to a user, and handle a variety of work. The tool is in research preview for now with a waitlist, meaning it won’t immediately compete for the larger market with other new agents like Meta’s Muse and OpenAI’s Dots.Still, the announcement ramps up the pressure on those companies — Anthropic says it built Duet around its flagship Opus 5.5 model, which was released in late September and has already become…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Mar 2024 About Author Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: October 21, 2026 Elon Musk’s Grok AI predicts an incredible XRP price by the…
From Scientology to disgraced Theranos CEO Elizabeth Holmes, documentarian Alex Gibney has never met a subject too big or too controversial to tackle.Then came Elon Musk.When Gibney was approached with the idea to do a documentary on the Tesla and SpaceX CEO in 2022, his plan was straightforward: Tell the story of how Musk used his businesses to become one of the most powerful figures in the world.But when he was ready to deliver a two-hour feature film on Musk two years later, his production company issued him a directive a filmmaker rarely hears: Make it longer.It was 2024, and…
Newmont (NEM) is scheduled to announce Q3 earnings results on Thursday, October 22nd, after market close. Wall Street, on average, expects one of the world’s leading gold producers to post a quarterly EPS of $1.94 (+13.5% Y/Y) on revenue of $6.26B (+13.4% Y/Y).
Laura Fay, a longtime Nvidia marketing executive who reported to CEO Jensen Huang, retired in July after roughly a decade at the AI chip giant.Fay formerly served as Nvidia’s vice president of global enterprise marketing, overseeing campaigns, events, analyst relations, and partner marketing. She said her team grew from roughly 60 to 600 people by the time she left.Fay was among 36 employees on an internal list obtained by Business Insider last year of company leaders reporting directly to Huang. Prior to joining Nvidia, she spent 22 years at Cisco, concluding her tenure there as VP of global marketing.Fay said…
georgeclerkKazia Therapeutics (KZIA) traded higher on Wednesday after Guggenheim became the latest brokerage to launch its coverage with a Buy rating based on its lead candidate paxalisib following a similar rating from Leerink Partners earlier this week. Analyst Paul Jeng
SpaceX’s AI rivals are clamoring to rent computing power from the artificial intelligence and rocket company, CEO Elon Musk said.”We are also, frankly, hounded relentlessly by every hyperscaler and by dozens of smaller companies to rent more of our compute,” Musk said during SpaceX’s third-quarter earnings call Tuesday.Musk said SpaceX could rent out the company’s compute “several times over if we said yes to everyone.”SpaceX, however, is reserving a chunk of that capacity for its own AI ambitions, including scaling its AI chatbot Grok and Cursor, the coding startup it recently acquired.Musk said SpaceX is seeking to devote roughly half…