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AeroVironment Erupts On "Asymmetric Warfare Boom"
AeroVironment Erupts On "Asymmetric Warfare Boom"
AeroVironment shares surged the most in nearly two decades in early trading after the defense contractor - best known for its loitering munitions and unmanned systems - reported stronger-than-expected fourth-quarter results and issued fiscal 2027 revenue guidance that topped Wall Street estimates tracked by Bloomberg.
AeroVironment's fiscal fourth-quarter revenue jumped 31% to $642 million, well ahead of the Bloomberg Consensus estimate of $556.4 million, driven mostly by its autonomous systems unit and soaring demand for Switchblade, Red Dragon, and Titan.
Switchblade
Adjusted EBITDA of $140.1 million...
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May 6, 2026 / Tyler Durden
Corning Shares Erupt On Nvidia Deal To Supercharge Fiber Optics Output By 10x
Corning Shares Erupt On Nvidia Deal To Supercharge Fiber Optics Output By 10x
U.S.-based glass company Corning soared in premarket trading in New York after announcing a new mega deal with Nvidia to expand manufacturing capacity for fiber optic production used in AI data centers.
"Corning will increase its U.S.-based optical connectivity manufacturing capacity by 10x and expand its U.S. fiber production capacity by more than 50% to meet the accelerating demand driven by AI factory buildouts," Nvidia wrote in a press release.
The expansion includes three new manufacturing plants in...
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Apr 20, 2026 / Tyler Durden
US Nuclear Renaissance Finally Starts...? TNC Plans New South Carolina Reactor
US Nuclear Renaissance Finally Starts...? TNC Plans New South Carolina Reactor
The Nuclear Co. (TNC), a startup that emerged from stealth in 2024 as America’s full-stack nuclear project integrator, is preparing to propose one of the first large-scale conventional reactor builds in the United States in more than a decade.
According to Bloomberg, the company could unveil plans as soon as this week for an AP1000 reactor at one of three potential sites in South Carolina. The move comes as surging electricity demand, fueled largely by AI data centers, forces utilities...
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Jul 27, 2026 / Tyler Durden
BlackRock Says Crypto Can Outrun The Quantum Threat... If It Moves Fast Enough
BlackRock Says Crypto Can Outrun The Quantum Threat... If It Moves Fast Enough
Authored by Mathew Di Salvo via BitcoinMagazine.com,
BlackRock, the world’s biggest asset manager, has chimed in on the crypto-quantum debate - and is surprisingly optimistic.
The firm, which manages over $15 trillion in assets, said in its new report, Quantum Computing and Blockchains, that upgrading existing cryptography to quantum-resistant standards is a far easier task than actually building a functional quantum computer capable of breaking that cryptography.
“In our view, PQ migration for cryptocurrencies is eminently addressable from a technical standpoint, and...
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