Ferrari stock drops 7% after Luce EV reveal as investors question design and strategy
Ferrari Stock Drops 7% after Unveiling Luce EV
Ferrari shares fell 7% after unveiling the Luce, its first electric car, priced at €550,000.
Background
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xAI told staff to stop mingling with Cursor employees, weeks after they started working together
xAI Warns Staff to Limit Contact with Cursor Employees
xAI told staff to stop mingling with Cursor employees, weeks after they started working together.
T…
Stord raises $250 million to give independent brands the shipping speed they need to compete with Amazon
Stord Raises $250M at $3B Valuation to Take on Amazon
Stord has raised $250 million at a staggering $3 billion valuation, aiming to revolutionize e-commerce l…
Spotify tests narrated magazine articles inside the audiobook tier
Spotify Tests Narrated Magazine Articles as Audiobooks
Spotify began testing a new content format on Tuesday: narrated long-form magazine articles, slotted …
BNP Paribas works with Mistral on a European answer to Anthropic’s Mythos
BNP Paribas and Mistral Collaborate on European AI Cybersecurity Model
BNP Paribas, the eurozone’s largest bank, is partnering with Mistral AI to develop a cy…
Pope Leo’s first encyclical reads as tech regulation as much as theology
Pope Leo’s First Encyclical: Tech Regulation as Much as Theology
May 26, 2026 – 11:37 am
Image by: Shutterstock
The 24 hours since Pope Leo XIV publishe…
Honeywell’s Quantinuum settles on $12.7bn IPO target after $20bn whisper
Honeywell’s Quantinuum Sets $12.7 Billion IPO Target After Whispers of $20 Billion
May 26, 2026 – 11:56 am
Quantinuum, the quantum-computing company majorit…
Wall Street is paying $25,000 a day for AI trainers who used to work there
Wall Street Pays $25,000 a Day for AI Trainers
Two former investment bankers, Felipe Sinisterra and Dave Wang, are charging banks and investment funds up to …
Pony AI raises year-end fleet goal to 3,500 robotaxis after a strong Q1
Pony AI Raises Year-End Fleet Goal to 3,500 Robotaxis
Pony AI , the Beijing-based driverless car company, raised its 2026 year-end robotaxi fleet target to m…
SPARQ opens $8.5M seed round for AI-native game engine, with a16z’s scout fund on the cap table
SPARQ Secures $8.5M Seed Round for AI-Native Game Engine
SPARQ , a UAE-based startup developing an AI-native game engine, has raised $8.5 million in seed fun…