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Procore’s one of the great pre-AI vertical software leaders. Construction software, 3 million projects, 150+ countries, roughly $1.5B in ARR. But growth slowed as for many the past 24 months. They’ve finally turned it around a bit. And then spent $845 million on a drone leader in

Federal Reserve officials who voted this week against the decision to hold interest rates steady said Friday they favor hiking now as a way to stave off inflation. "In my view, now is the time for the [Federal Open Market Committee] to act to speed the return of PCE inflation to

The US said it will back a rare earths project in Madagascar as part of its efforts to chip away at China’s dominance of the critical minerals sector across Africa. Washington’s Development Finance Corporation will commit up to $4.8 million to the Ampasindava project, paving the

Belgium has approved a state guarantee to help cover advance payments for future germanium supplies from DR Congo. The pact backs a plant that, once at full capacity, could supply up to 15% of the world’s demand for the critical mineral, as Europe seeks to reduce its reliance on

South Africa appointed a deputy minister in the presidency office as chair of the state-owned $200 billion pension fund, as part of a complete board overhaul following weeks of governance turmoil. Seiso Mohai’s appointment, whose candidacy was first reported by Semafor, shifts po

Nigerian energy retailers called for the state to create local strategic reserves of petrol and other fuels to buffer from supply shocks in the global oil market. An influential trade group that favors the importation of refined products is leading the charge, in a move that woul

AI - OFF-PREM Enterprise cloud infrastructure uptake shows no sign of slowingCloud revenue now north of $143 billion a quarter, and growth is accelerating - DEVOPS Dev who

Bloomberg Index Services has deferred for a second time a decision on adding Indian government bonds to its flagship Bloomberg Global Aggregate Index, saying global investors want to see recent market reforms become more firmly embedded in day-to-day trading before the bonds are

Jio Financial Services (JFSL), the financial services arm of Reliance Industries, has fixed Monday, August 10, as the record date for determining shareholders eligible to receive the final dividend of ₹0.60 per equity share (face value of ₹10 each) for the financial year 2025-26.

Listen to this article in summarized format Polite Powertech, a power infrastructure engineering, procurement and construction company, has also received SEBI’s nod for its public issue. The company works in transmission, distribution and renewable energy projects. Kay Jay Forgin

One of our older SaaStr Fund companies was recently acquired. It is selling for 3.8x what we paid to get in years ago. On paper that reads like a clean triple. We won’t make 1.6x. That gap, 3.8x on the marquee valuation versus under 1.6x in the bank, is one of the least understoo

flash For Samsung, HBM is the gift that keeps on giving Memory chip sales blew Samsung Electronics revenues and profits way past analyst expectations in the Korean company’s second 2026 quarter. Its record quarterly high revenues of ₩171.5 trillion ($118.7 billion) were up 130 pe

When the phrase “OpenAI hacked Hugging Face” has more or less entered mainstream culture, you know we have an AI problem. This week, we learned more about exactly how OpenAI’s agent broke out of a sandbox and autonomously traversed the web, including a bunch of other supposedly s

US stocks surged on Friday, led by a strong rally in Amazon after the e-commerce giant reported robust cloud revenue growth, while semiconductor stocks advanced as investors remained optimistic about the long-term returns from artificial intelligence investments. At 9:47 a.m. ET,

Charts of the Week: Moar Machines It's always been tough for entry-level hires (and remote work made it worse; AI demand and spend, show no signs of slowing America | Tech | Opinion | Culture | Charts Moar Machines There’s been a delicate dance in the public markets about who or

The notion that scammers can use AI to sharpen their deceptions, polish their language, and lubricate their banter with victims is now a reality for anyone fighting the fraud operations that steal tens of billions of dollars a year worldwide. But can AI fully replace a human scam

Episode details News,31 Jul 2026,33 mins The Democrats need to win Michigan… so why is it splitting the party? Americast Available for over a year The Democrats almost certainly need to win the Senate race in Michigan if they are to take control of Congress in November’s midterm

PJM Says AI Data Centers Must Bring Capacity to Earn Firm Service PJM’s proposed reliability framework would require many future large loads to either secure their own generating capacity or accept service curtailments during resource shortages. PJM is proposing a new framework f

Off the Wire Press Releases SkyWater Will Continue to Serve Customers as a U.S.-based Semiconductor Foundry COLLEGE PARK, Md. and BLOOMINGTON, Minn., July 31, 2026 — IonQ today completed its acquisition of SkyWater Technology, the largest exclusively U.S.-based semiconductor foun

AI - OFF-PREM Enterprise cloud infrastructure uptake shows no sign of slowingCloud revenue now north of $143 billion a quarter, and growth is accelerating - DEVOPS Dev who

United States technology giants Amazon and Apple saw their stock prices move in opposite directions after announcing their results today, on 31 July (Friday) as the market opened higher near the end of a volatile week, AFP reported. Shares of Amazon surged 11% due to growth in it

Indian equities posted their highest weekly gains in four months, aided by the return of foreign portfolio investors (FPIs), encouraging corporate earnings and a rebound in information technology (IT) and automobile stocks. The Sensex ended Friday at 78,094.63, up 0.21%, while th

Tesla is reportedly considering cleaving off its entire business in China to grease the wheels of a merger with SpaceX, according to The Wall Street Journal. The newspaper reports that “some Tesla executives have been told to prepare for a separation of the China business,” which

Anthropic just realized several of its Claude AI models hacked into the systems of three different organizations during testing, acting on their own and without the company noticing. The revelation comes days after rival OpenAI said one of its own models had breached developer pl

Leonardo's new CEO told CNBC he expects to pursue further acquisitions to support the company's long-term growth, as Europe's defense spending boom gathers pace. "The ramping gap in how we fulfil the demand is really the key element to deliver to our customers what they need… bot

Listen to this article in summarized format Limiting some optimism, Apple warned that supply constraints would hurt growth, prompting investors to look beyond near-term shortages to gauge the hit from an expected iPhone price hike as its shares dropped 9.8% in early trading. This

Shares of Novo Nordisk fell as much as 10% on Friday after the drugmaker said a late-stage heart drug trial failed to reduce major adverse cardiovascular events, or MACE, compared to a placebo. While the experimental medicine, ziltivekimab, did show some biological effect, it did

The company had reported net profit of Rs 3,758.1 crore in the corresponding period of the last financial year. As per Bloomberg estimates, the automaker was expected to post net profit of Rs 3,440 crore. The company said input costs increased during the quarter due to the crisis

Spain said almost 50,000 migrants had crossed into its North African enclave of Ceuta in the last 24 hours, sparking domestic and diplomatic crises. The country is a rarity in the West for welcoming migrants, who experts say are helping drive economic growth. Its conservative opp

Exxon Mobil on Friday reported a 105% year-on-year (YoY) jump in second-quarter net profit to $14.53 billion, while revenue climbed 42% to $116.02 billion. The strong performance came as elevated crude oil prices, driven by the conflict between the US and Iran, boosted earnings f

US President Donald Trump said Palestinian militant group Hamas had agreed to disarm and Israel would withdraw from Gaza. The Trump-convened Board of Peace reportedly hammered out the details as part of the US-backed Gaza ceasefire. Neither Hamas nor Israel has confirmed Trump’s

Benchmark Sensex climbed 166 points to close at 78,094. Reflecting broader market strength, nine stocks in the BSE 100 Index touched fresh 52-week highs, marking their highest levels over the past year. A 52-week high is generally considered a bullish technical signal, indicating

China’s factory activity unexpectedly contracted this month for the first time since February, underscoring the challenge facing Beijing as it seeks to kickstart a slowing economy. The surprise purchasing managers index reading, alongside GDP growth below official targets, repres

Listen to this article in summarized format A bench of justices Vikram Nath and Sandeep Mehta agreed to hear a petition filed by the NSEI and sought responses from the Central Information Commission and others within four weeks. The NSEI challenged the July 1 verdict of a divisio

Saudi Arabia is quickly being pulled into a war it spent months trying to sidestep. The Houthis’ campaign against the kingdom has widened beyond tanker attacks in the Red Sea: This week the group struck oil facilities in the Eastern Province from Iraqi territory, operating jointl

Japanese and South Korean stocks rebounded after several steep drops this week, as strong US tech earnings revived enthusiasm for AI spending. Amazon announced further investment in data centers, while Microsoft delivered “blockbuster” revenue growth in its cloud-computing busine

Amazon Lifts 2026 AI Capex to $220B, Still Capacity-Constrained AWS posted its fastest growth in 18 quarters as Amazon raised AI infrastructure spending to $220 billion, citing memory costs and saying demand already stretches into 2028. Amazon says it will spend even more on AI i

Beat the AI price surge on PC hardware — leverage Newegg combo deals, track Amazon prices, and shop refurb outlets like Woot Looking for deals in all the right places. In less than two years, the entire market for PC hardware has erupted into a high-priced inferno. Catastrophic m