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Nestle Shares Plunge Most Since Dot-Com Bust As Weak Volume Shatters High Hopes Of Turnaround
Nestle Shares Plunge Most Since Dot-Com Bust As Weak Volume Shatters High Hopes Of Turnaround
Nestlé shares in Switzerland tumbled the most in 24 years after North American sales volumes unexpectedly contracted, undercutting investor confidence in CEO Philipp Navratil's turnaround efforts.
Organic sales rose a better-than-expected 3.7% in the second quarter, but real internal growth in North America fell 0.6%, while an infant formula recall and the Gulf conflict weighed on operations.
"Given the rally, we don't think the real internal growth print is quite good enough and expect some profit taking,"...
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Jul 8, 2026 / Dave DeCamp
Trump Says He Supports Ukraine’s Long-Range Attacks Inside Russia, Will Allow Ukraine To Produce Patriot Missiles
President Trump heaped praise on Ukrainian President Volodymyr Zelensky at the NATO summit in Ankara on Wednesday, expressed support for Ukraine’s long-range attacks inside Russia, and said he would allow Ukraine to produce Patriot missile interceptors. When asked about Ukraine’s strikes on Russian oil refineries, the president said, “It’s an escalation, but it’s also an […]
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Jul 3, 2026 / Tyler Durden
Ukraine Plans To Hyper-Innovate Humanoid Robot Soldiers
Ukraine Plans To Hyper-Innovate Humanoid Robot Soldiers
At the start of February, we pointed out that "humanoid warfare nears" and suspected these war bots were headed for Ukraine for testing.
That hunch was confirmed by early March, after a TIME Magazine article reported that Foundation Robotics, a U.S.-based startup developing humanoid robots for industrial and military applications, had recently sent two Phantom MK1 robots to Ukraine for testing.
Mike LeBlanc, co-founder of Foundation...
The modern battlefield across western Eurasia has become the world's AI weapons lab, where drones, autonomous systems, electronic warfare, and...
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Jul 17, 2026 / Tyler Durden
California Grocery Stores Use Facial Recognition Technology To Combat Theft
California Grocery Stores Use Facial Recognition Technology To Combat Theft
Via American Greatness,
Faced with a shoplifting epidemic that has battered California retailers for years, Grocery Outlet is fighting back with technology.
Customers are not thrilled about it.
The Emeryville-based discount grocery chain has begun installing facial recognition software called SAFR at a handful of Bay Area stores, including its Pleasant Hill “Bargain Market” location, CBS News San Francisco reported.
Customers walking through the doors will find signs warning them the system is in use, a disclosure the company says is meant to keep...
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