Ingenious Underwater Drone Can Transition to Flight in Less Than a Second

Robots have traditionally been purpose-built to perform a single, very specific task, but researchers from Beihang University are taking a much different approach with a new robotic drone that can operate underwater just as easily as in the air, and it features a clever, nature-inspired trick for maximizing its range. When you think of robots, … Read more

Why this investor who paid $ 650,000 to lunch with Buffett isn’t buying or selling stocks right now

It’s a 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. He also cites the possibly … Read more

Terra crash sharpens Washington’s attention on crypto regulations

The collapse of the stablecoin TerraUSD USTUSD, + 1.64% has made waves in Washington, attracting the attention of the nation’s top policymakers and adding urgency to an ongoing debate in Congress about cryptocurrency regulation. At its peak in early May, TerraUSD, also known by its ticker UST, was the third most popular stablecoin, with a … Read more

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

US stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On Monday, the Dow finished less than 0.1% higher, the S&P 500 closed 0.4% lower and the Nasdaq fell 1.2%. The declines followed another losing week for … Read more

Silicon Valley supply chain fixer Flexport tops CNBC Disruptor 50

After a year in which supply chain bottlenecks roiled the global economy, Flexport, which uses technology to improve supply chains, reaches the top of the CNBC Disruptor 50 list. Freight forwarding, the official name for the Flexport industry is disrupting, is the centuries-old, trillion-dollar global business of matching companies that make stuff with companies that … Read more

15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors

During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about. But what does oversold really mean? It means you think a stock has dropped too much, based on some quality you expect to fuel … Read more

As Musk buyout looms, Twitter searches for its soul

SAN FRANCISCO (AP) – A toxic cesspool. A lifeline. A finger on the world’s pulse. Twitter is all these things and more to its over 217 million users around the world – politicians, journalists, activists, celebrities, weirdos and normies, cat and dog lovers and just about anyone else with an internet connection. For Elon Muskits … Read more

How Amazon, American Airlines and Subaru burn waste to make energy

In northern California’s Stanislaus County, next to a landfill, there’s a company managing waste in a very different way: by burning trash instead of burying it. The energy recovery facility run by New Jersey-based Covanta harnesses steam to make enough electricity to power 18,000 homes in the area. A portion of the waste comes from … Read more

Elon Musk says his deal to buy Twitter is on hold

London CNN Business – Elon Musk said he is putting his bid to acquire Twitter (TWTR) on hold, weeks after agreeing to take the company private in a $ 44 billion deal. “Twitter deal temporarily on hold pending details supporting calculation that spam / fake accounts do indeed represent less than 5% of users,” Musk … Read more

This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%

Markets are off to a stronger start on Friday, but it’s been a rough few days, with the S&P 500 facing a six-week losing streak, its longest in a decade. With a war raging in Europe, surging prices all over and uncertainty over what central banks can do about it, investors may not get that … Read more