US Army Trials Unmanned Hunter Wolf Robot With Gun, Radar In Combat Drills

US New Home Sales Rise For First Time In 3 Months As Prices Near 5-Year Lows With Case-Shiller reporting existing home price declines in half of America's largest cities, and despite a weaker homebuilder confidence print, New Home Sales were expected to rebound from April and May's ugly declines... and they did, but only very modestly. New home sales rose 1.6% MoM (+4.8% MoM exp) marking the first rise in three months, but May's 7.3% MoM decline was revised up to a mere 4.3% MoM decline. However, this bounce was not enough to get annual...

Chinese President Xi Jinping warned President Trump during talks in Beijing on Thursday that differences over Taiwan could lead to “clashes and conflicts” between the US and China, underscoring the issue’s significance from China’s perspective. “As President Xi Jinping noted during the talks with President Trump, the Taiwan question is the most important issue in […]

Unitree's Blockbuster IPO Short Circuits Shares of Unitree Robotics have nearly halved since the Chinese company's blockbuster IPO almost two weeks ago, as concerns about a humanoid robotics bubble continue to mount. Not even China's World Humanoid Robot Games or World Robot Conference generated enough enthusiasm among retail or institutional investors to rekindle upward momentum. The warning signs were first visible from the opening bell in Shanghai. Unitree initially surged 629% when it began trading on Shanghai's Star Market, immediately transforming China's first publicly traded humanoid robot manufacturer into a...