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Micro-Cap 'War Unicorn' Merlin Soars After Advancing AI Pilot For C-130 Military Plane
Micro-Cap 'War Unicorn' Merlin Soars After Advancing AI Pilot For C-130 Military Plane
Aerospace and defense technology firm Merlin jumped in premarket trading after announcing that its AI-powered autonomous flight software for the C-130J Super Hercules cargo plane, developed with U.S. Special Operations Command, is moving toward formal testing.
Merlin wrote in a press release earlier that its AI-powered autonomous flight software has "successfully completed" the critical design review for the C-130J, adding the "milestone positions the program to enter a structured formal test campaign, including aircraft-level testing, reflecting a disciplined...
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Apr 8, 2026 / Tyler Durden
Federal Appeals Court Allows Pentagon To Designate Anthropic As A Supply-Chain Risk
Federal Appeals Court Allows Pentagon To Designate Anthropic As A Supply-Chain Risk
In a significant development for the intersection of artificial intelligence policy and national security, a federal appeals court in Washington ruled on April 8 that the Department of War may designate Anthropic as a supply-chain risk while a full judicial review plays out. The decision came after the AI company sought an emergency stay to block the controversial designation.
Pages from the Anthropic website and the company's logos are displayed on a computer screen in New York on Feb....
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Apr 29, 2026 / Tyler Durden
Wingstop Tumbles As Chicken Demand Falters, Guidance Cut
Wingstop Tumbles As Chicken Demand Falters, Guidance Cut
Wingstop shares fell the most in six months in premarket trading after the company cut its full-year outlook and reported weaker-than-expected first-quarter sales, citing a pullback in traffic as management pointed to "continued pressure on consumer spending."
The chicken chain, with 2,653 locations across the US, now expects 2026 domestic same-store sales to decline at a low single-digit rate, down from its prior forecast of flat to low single-digit growth. Analysts tracked by Bloomberg forecast a .4% contraction this year, after lowering their...
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Jun 18, 2026 / Tyler Durden
Gulf Oil Is Available Again, But Asian Refiners Balk At Soaring Tanker Rates
Gulf Oil Is Available Again, But Asian Refiners Balk At Soaring Tanker Rates
Iran and the US have a peace deal? check (for 60 days, allegedly).
Strait of Hormuz open? check (for 60 days, allegedly).
Ships transiting freely? check (not really)
Massive build up of Gulf oil desperate to reach Asian refiners? check.
All great news, which means that oil should now flow freely and in huge amounts, right?
Wrong: two of Asia's largest refiners, PetroChina and Indian Oil, failed to secure very large crude carriers to lift Iraqi Basrah crude in late June, Reuters reported, while...
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