Ocean Power Technologies announced that its WAM-V unmanned surface vehicle (USV) has been selected by the U.S. government for further evaluation following a competitive assessment. This selection is not a contract award but signals potential future technical engagements and highlights the growing interest in autonomous maritime technology for defense and security. The company views this as validation of its investment in maritime autonomy and expects to continue discussions as government agencies explore next-generation solutions. However, there is no guarantee this will lead to contracts or revenue.
Tesla has increased its control of the U.S. electric vehicle (EV) market to 59%, marking its highest market share since 2023. This growth highlights Tesla's strong position and continued dominance in the competitive EV industry. The increased market ...
Microsoft reported $331 billion in annual revenue with Azure surpassing $100 billion, growing 41%. Its $678 billion contracted commercial backlog supports recurring revenue from AI and cloud services, fueling a 22% upside price target of $590.43. Des...
OpenAI has called on California to enhance its AI safety legislation, SB 53, by adding stricter safeguards such as monitoring AI models during training for serious incidents and improving cybersecurity throughout development. This shift comes after O...
Hyperscale cloud companies like Amazon, Alphabet, Microsoft, and Meta are projected to spend $4.1 trillion on AI-related infrastructure from 2026 to 2028, more than triple the previous six years. UBS estimates these firms will reinvest nearly 100% of...
Four stocks from Barron's Better Bets (BBB) list currently provide 'safer' dividends with yields from $1,000 invested that exceed their share prices, fitting the 'dogcatcher' ideal. Analyst forecasts suggest these top-ten BBB Dogs could achieve an av...
