Ericsson shares jump 10% on third-quarter beat, growth in North America

Ericsson shares jump 10% on third-quarter beat, growth in North America

Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. The company’s stock was up 10% at 12:17 p.m. in London. Ericsson on Tuesday declared adjusted third-quarter earnings, excluding impairments, of 7.327 billion Swedish crowns ($0.7 billion), compared with 3.9 billion Swedish crowns in … Read more

How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine

How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine

The artificial intelligence boom has benefited chatbot makers, computer scientists and Nvidia investors. It’s also providing an unusual windfall for Anguilla, a tiny island in the Caribbean. ChatGPT’s debut nearly two years ago heralded the dawn of the AI age and kicked off a digital gold rush as companies scrambled to stake their own claims … Read more

America’s THAAD anti-missile system starts arriving in Israel as Pentagon says it will be ‘fully operational’

America’s THAAD anti-missile system starts arriving in Israel as Pentagon says it will be ‘fully operational’

The Pentagon announced on Tuesday that the first components of a U.S. missile defense system aimed at protecting Israel from attacks by Iran have arrived in the Middle East and that it will be “fully operational” soon.  Pentagon Press Secretary Maj. Gen. Pat Ryder said on Monday, “an advance team of U.S. military personnel and … Read more