Applied Materials Shares Drop Due to Decrease in China Sales

Applied Materials reported that its quarterly revenue reached $7.1 billion, falling short of analysts’ expectations, primarily due to declining sales in China. The semiconductor equipment manufacturer saw a 7% year-over-year increase in revenue but missed the estimates provided by Alpha. Revenue from China stood at $1.77 billion, which accounted for about a quarter of the […]

Meta postpones launch of major ‘Behemoth’ AI model due to engineering challenges.

Meta, the company led by Mark Zuckerberg, has decided to postpone the launch of its ambitious AI model, “Behemoth,” due to concerns regarding its abilities. According to a report from the Wall Street Journal, sources familiar with the situation indicated this on Thursday. Engineers at the company have faced difficulties in making substantial advancements with […]

Actor Excluded from Premiere at Cannes Due to Rape Allegations

Cannes, France – French actor Théo Navarro-Mussy has been prohibited from attending the premiere of the film “Case 137,” marking a significant moment within the #MeToo era at the Cannes Film Festival. Festival director Thierry Fremer confirmed to Télérama, a French publication, that Navarro-Mussy will not participate in the red carpet event for “Case 137” […]

Walmart Reveals Price Increase Due to Tariffs Following Huge Profits

Walmart Faces Profit Challenges Amid Tariffs Walmart has acknowledged that it can’t fully shield its customers from the effects of the tariffs imposed by the Trump administration, despite reporting a dip in profits for the first quarter of 2026, even as sales figures remained strong. The company indicated on Thursday that its operating profit for […]