Amazon Web Services (AWS) rebuilt the inference engine behind its AI service Amazon Bedrock in just 76 days with a team of six engineers, a task originally planned for 30-40 engineers over 12-18 months. This rapid development was enabled by Kiro, AWS's agentic AI coding tool, which generated code and tests, significantly boosting productivity. The new architecture, called Mantle, addresses capacity and performance issues as Bedrock's usage surged dramatically in early 2026. AWS continues to emphasize human review of AI-generated code and positions this project as a model for efficient AI-assisted software development amid competition from Microsoft Azure and Google Cloud.
Roivant Sciences saw its price target raised to $52 by Jefferies, reflecting a 24.7% potential gain, following positive Phase 2 trial results for mosliciguat, a drug treating pulmonary hypertension linked to interstitial lung disease. The trial showe...
EVI Industries reported Q4 revenue of $121.87 million, surpassing analyst expectations of $117.1 million, and achieved a record fiscal year revenue of $446.6 million, marking a 15% increase year-over-year. The company met earnings per share forecasts...
Lakeland Industries continues to face profitability challenges with a projected negative EPS of -$0.06 and recent unprofitability. However, the company secured important contracts with the Hong Kong Government Flying Service and Airports of Thailand,...
Binance founder Changpeng Zhao (CZ) predicts that bitcoin could overtake gold in market value as soon as the next bull market, citing the narrowing valuation gap currently around 10 times. He highlights that bitcoin's growing correlation with gold, n...
Unusual Machines stock surged 100% in one month to $25.51, significantly outperforming other drone companies like Red Cat Holdings and Ondas, which saw declines. The company's revenue jumped 687% year over year in Q2, driven by strong demand for dron...
