Spire Global wins $3.7 million NOAA contract
Spire Global (NYSE:SPIR) received a $3.7 million NOAA contract to provide satellite weather data from September 18 through December 1, 2026.
Spire Global (NYSE:SPIR) received a $3.7 million NOAA contract to provide satellite weather data from September 18 through December 1, 2026.
Rein Therapeutics (NASDAQ:RNTX) said its Phase 2 RENEW trial of inhaled LTI-03 has surpassed 25% of planned enrollment of approximately 120 patients.
LyondellBasell (NYSE:LYB) declared a quarterly cash dividend of $0.69 per share, payable on August 31, 2026, to eligible shareholders.
UTStarcom (NASDAQ:UTSI) reported first-half 2026 revenue of $3.4 million, down about 26% as equipment and service sales declined.
The market for AI-powered robots and autonomous machines has the potential to balloon into a trillion-dollar opportunity by 2035 in the 'decade of the robot', according to Barclays analyst Zornitsa Todorova. AI-enabled robotics mark a frontier moment in the technology and present a new set of investment opportunities in a world of labor shortages and changing worker preferences. She spoke to Tom Mackenzie on the latest episode of Bloomberg Tech: Europe.
The CEO of French neurotechnology startup Robeauté says its microrobot could unlock precise delivery of drugs and other therapies directly into the brain, The microrobots, which are each the size of grain of rice, are able to reach areas that are difficult to access with existing treatments. Joana Cartocci says the company is targeting first-in-human studies in 2027 and a market launch in the early 2030s. She spoke to Tom Mackenzie on the latest episode of Bloomberg Tech: Europe.
Google Deepmind's Head of Robotics believes humanoid robots will become useful over time. However, Carolina Parada says the technology is not quite at the stage to deliver on its full potential. She spoke to Tom Mackenzie on the latest episode of Bloomberg Tech: Europe.
RLX Technology (NYSE:RLX) reported second-quarter net revenue of RMB1.01 billion, up 14.8%, as international operations contributed 68.5% of total revenue.
The CEO of German robotics company Neura believes physical AI can be a new growth engine for Europe. David Reger, who also founded Neura Robotics, says the pace of development is "tremendous." He spoke to Tom Mackenzie on the latest episode of Bloomberg Tech: Europe.
Applied Materials (NASDAQ:AMAT) shares fell about 5% in Friday premarket trading as competition concerns outweighed its above-consensus $10.25 billion fourth-quarter revenue forecast.
Oil held a decline as tankers laden with crude continued to exit the Persian Gulf, despite persistent threats and limited progress on a deal between Iran and Oman to reopen the Strait of Hormuz. Rachel Ziemba, Founder of Ziemba Insights spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa about the war in the region which began in late February.
Brent crude futures rose 1.64% to $88.50 a barrel on Friday, while West Texas Intermediate crude climbed 1.92% to $82.81 as renewed U.S.-Iran tensions raised supply concerns.