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US Firm Unveils Ground Bot With Enough Power To Fire Laser Guns Utah-based defense tech firm Hypercraft has unveiled a 300 hp diesel-hybrid-electric unmanned ground vehicle (UGV) that can power directed-energy weapons, charge drones, and sustain a forward command post, all autonomously. Defense Blog’s Dylan Malyasov reports that Hypercraft’s Razorback UGV can travel 280 miles on a single charge, reach speeds of 60 mph, and export 38 kilowatts of power, which is enough to power laser weapons and recharge drones. Razorback is being positioned as a critical energy source for forward operating...

Key Events This Week: Payrolls, Quarterly Refunding, Confidence, And More Earnings Key data releases this week will be the US April jobs report and the University of Michigan’s consumer survey. Other economic events feature the US Treasury quarterly refunding announcement and rate decisions in Australia, Norway and Sweden. Corporate earnings include AMD, Palantir and Rheinmetall. The focus this week will be on the US April jobs report due Friday. Economists see payrolls up +65k in April, down from +178k in March, with a slightly faster earnings growth rate (+0.3% vs +0.2% in...

Is Credit Whispering, Or Screaming? By Peter Tchir of Academy Securities Is Credit Whispering? Or Screaming? For the past couple of years, it has been relatively safe to assume credit is well behaved and relatively range bound. It is unclear if that remains the case. We may be in a situation where the AI spend, the AI displacement, and the Working Poor are forming a storm of some sort. How severe remains to be seen, but for the first time in a while it is a real concern for me. My inclination has been...