Nicolas Thomas

FireFly Robotics Prepares for Direct Listing on Nasdaq

FireFly Robotics has filed to list on Nasdaq through a direct listing under the symbol "FFLY." The procedure involves neither the issuance of new shares nor a capital raise, but will allow existing shareholders to sell up to 27.1m shares. The company had already considered an initial public offering in October 2025 to raise up to $29.3m, before withdrawing its plan in March 2026.

October 07, 2026 at 08:55 pm

Microsoft steps up local AI on Windows to take on Apple

Microsoft wants to turn Windows PCs into platforms capable of running artificial intelligence models and agents directly, reducing their reliance on the cloud. The group introduced new local models, dedicated security technology and the Nvidia-powered Surface Laptop Ultra, aiming to compete with Apple in embedded AI, amongst others.

October 07, 2026 at 08:55 pm

UPS reduces seasonal hiring for second consecutive year

UPS plans to hire 100,000 seasonal workers in the United States for the holiday season, about 9% fewer than in 2025. This marks the second consecutive decline in the company's temporary hiring, after it had already reduced seasonal hiring by 15,000 workers in 2025 from the 125,000 seasonal workers hired in 2024.

October 07, 2026 at 04:22 pm

Will Tesla and SpaceX operate their Terafab chip complex themselves?

Elon Musk says Tesla and SpaceX will directly build and operate Terafab, their future semiconductor production complex in Texas. TSMC could nevertheless sublease part of the site, while the exact role of the various partners remains to be clarified.

October 07, 2026 at 03:50 pm

Anthropic expands Claude Startups to attract young companies

Anthropic is expanding its Claude Startups program, launched in May and already used by several thousand companies. The artificial intelligence specialist wants to enable more young companies to access its models and tools in order to develop their businesses. The initiative also aims to strengthen its ties with high-growth companies, as most of its revenue comes from business customers.

October 07, 2026 at 08:09 am

Lambda Seeks to Raise Up to $4bn Ahead of IPO

Lambda, an Nvidia-backed cloud computing specialist, is seeking to raise up to $4bn at a pre-money valuation of $14.5bn, according to the Wall Street Journal. The financing, led by Blackstone and Coatue Management, is expected to be the company's final funding round before it goes public.

October 06, 2026 at 06:47 pm

Becton Dickinson to invest $19bn in the US

Becton Dickinson has committed to invest $19bn in the United States under an agreement with the Trump administration providing protection against future tariffs. The medical device maker becomes the first major US player in the sector to reach such an agreement.

October 06, 2026 at 06:47 pm

Mistral unveils Large 4, its new open-weight AI model

Mistral has unveiled Large 4, its new open-weight artificial intelligence model, which will be made publicly available on October 27. The French startup says it has narrowed the gap with the most advanced models and surpassed certain Chinese solutions in several areas, including cybersecurity.

October 06, 2026 at 04:32 pm

Nvidia's $20bn deal with Groq challenged in court

The $20bn licensing deal between Nvidia and Groq is the subject of a lawsuit filed by two engineers and shareholders of the artificial intelligence company, according to the Financial Times. Benjamin Serebrin and Joshua Rubin accuse Groq's board of improperly giving up major technology assets and several key engineers. They also fault it for failing to seek the best possible terms for all shareholders and for depriving some of them of a vote on the transaction.

October 06, 2026 at 09:06 am

SpaceX Wants to Build a Gas Pipeline to Fuel Its Launches in Florida

SpaceX is seeking authorization to build a gas pipeline in Brevard County, Florida, to supply its launch operations at Cape Canaveral. Its subsidiary Coastal Connect Services has filed an application for infrastructure spanning 32.4 miles, or about 52 kilometers, with a diameter of 16 inches. Natural gas would be transported from the interstate Florida Gas Transmission network to SpaceX's facilities, which use liquid methane as propellant for their Starship rockets.

October 06, 2026 at 08:25 am

AstraZeneca Invests Over $1bn in Massachusetts

AstraZeneca plans to invest more than $1bn in Massachusetts as part of its $50bn investment program in the United States. The Anglo-Swedish drugmaker therefore plans to increase its workforce in the state by more than 50% over the coming years. The initiative is part of a broader movement in the pharmaceutical sector to strengthen US research and manufacturing capabilities and supply chains.

October 06, 2026 at 07:44 am

C.H. Robinson to acquire RXO for $5.8bn

Freight transportation company C.H. Robinson Worldwide has reached an agreement to acquire transportation broker RXO in a cash-and-stock transaction valued at $5.8bn. The offer represents implied consideration of $30.25 per RXO share, a premium of 27% to the 90-day volume-weighted average price and 29% to the closing price on October 2. Before the opening of Wall Street, RXO is up over 20%, while C.H. Robinson is down about 10%.

October 06, 2026 at 07:42 am

C.H. Robinson to acquire RXO for $5.8bn

Freight transportation company C.H. Robinson Worldwide has reached an agreement to acquire transportation broker RXO in a cash-and-stock transaction valued at $5.8bn. The offer represents implied consideration of $30.25 per RXO share, a 27% premium to the 90-day weighted average share price and a 29% premium to the Oct. 2 closing price. Before the opening of Wall Street, RXO is up more than 20%, while C.H. Robinson is down about 10%.

October 05, 2026 at 03:06 pm

Moderna to join Nasdaq 100, replacing Warner Bros Discovery

Moderna will join the Nasdaq 100 from Oct. 9, replacing Warner Bros Discovery, Nasdaq has announced. The vaccine maker has benefited from a sharp rise in its stock since the beginning of the year, with its shares increasing more than sixfold. The rally has lifted its market capitalization to approximately $75bn.

October 05, 2026 at 07:30 am

Ford Q3 sales down 6.6% in US

Ford sold 509,764 vehicles in the United States in Q3, down 6.6% y-o-y, amid the gradual discontinuation of the Escape and Lincoln Corsair crossovers. The automaker is also facing a shift in demand linked to higher gasoline prices. According to AAA, a gallon of regular gasoline cost an average of $4.43 in September, compared with $3.20 a year earlier, boosting interest in hybrid powertrains.

October 02, 2026 at 04:11 pm

Tesla beats delivery expectations on rebound in Europe

Tesla delivered 486,532 vehicles in Q3, significantly exceeding the 456,896 units expected by analysts, according to Visible Alpha. The automaker benefited from a recovery in sales in Europe, which offset weaker demand in the US and China. Its stock rose nearly 2% at the opening of Wall Street, but remains down more than 21% YTD.

October 02, 2026 at 04:11 pm

Paramount wants to keep Mark Thompson at the helm of CNN

According to Reuters, Paramount CEO David Ellison would like Mark Thompson to remain in charge of CNN after the acquisition of Warner Bros. Discovery. The two executives have discussed a new contract in recent weeks, but no agreement has yet been reached. Mark Thompson is seeking guarantees regarding CNN's editorial independence in particular, in order to retain broad control over the network's journalistic direction.

October 02, 2026 at 07:22 am

Alphabet makes its comeback in the LLM race

Alphabet introduced Gemini 4 Argon, its new artificial intelligence model designed to boost performance in programming, cybersecurity, and complex professional tasks. According to Google, Argon sets a record in a real-world software engineering evaluation, ties for first place on a cybersecurity benchmark, and ranks first in another test focused in particular on finance and law. The model is already being used internally to optimize data centers, where it reportedly freed up several hundred terabytes of memory without any additional hardware.

October 01, 2026 at 08:08 am

Accelevation struggles to convince on its Nasdaq debut

Data center infrastructure specialist Accelevation failed to win over investors in its first day of trading on the Nasdaq, highlighting growing caution towards companies tied to artificial intelligence. The stock opened at $17.55 after an offering priced at $18, below the initial $20 to $24 range, for a valuation of $3.94bn. The muted start contrasts with the warmer reception for AI-related IPOs earlier this year.

October 01, 2026 at 07:44 am

Roger Lynch to succeed Ynon Kreiz as Mattel CEO

Mattel has named Roger Lynch as chief executive officer to succeed Ynon Kreiz, who has led the toy maker since 2018 and will step down as the holiday season approaches. A Mattel board member since 2018 and the current head of Condé Nast, Lynch will take up the role no later than November 2. Bloomberg News reported that Kreiz is expected to join Paramount Skydance in a senior position following its $110bn tie-up with Warner Bros, a claim the companies involved did not comment on.

September 30, 2026 at 07:51 pm

Dana McNabb to take over as CEO of General Mills in January

General Mills has appointed Dana McNabb as chief executive officer effective January 1, replacing Jeff Harmening, who will become executive chairman after nearly 10 years at the helm of the group. Aged 50 and currently chief operating officer, Dana McNabb has spent 27 years at the Cheerios maker. She has held a range of roles across operations, strategy, marketing and international businesses and will become the first woman to lead General Mills.

September 30, 2026 at 06:45 pm