BARKIN SAYS AI'S NET JOB IMPACT IS LESS OF A CONCERN THAN THE NECESSARY RELOCATION OF JOBS IT WILL CAUSE.
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BARKIN SAYS MANY AI APPLICATIONS ARE NOT YET ADVANCED ENOUGH TO SIGNIFICANTLY CUT JOBS.
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SANDISK CEO: COMMITTED TO MID TO HIGH TEENS VOLUME GROWTH - INVESTOR DAY || MARKET INTELLIGENCE HEAD SAYS FLASH MEMORY MARKET WILL GROW TO OVER $300 BLN IN 2026 TO NEARLY $500 BLN IN 2027
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SANDISK CEO: CFO: CO. EXPECTS TO COLLECT $93.9 BLN IN TOTAL CONTRACT VALUE FROM 8 CUSTOMERS OVER LIFE OF CONTRACTS || EXPECTS TO RETURN 100% OF EXCESS CASH TO SHAREHOLDERS
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SANDISK CEO: EXPECTS ADJ FREE CASH FLOW MARGIN AT 50% FY2028-FY2030 || TARGETS MID-TO-HIGH TEENS REVENUE GROWTH, 80% NON-GAAP GROSS MARGIN FY2028-FY2030
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HOUTHI-RUN SABA NEWS REPORTS THAT THE HOUSING GROUP ATTACKED AN ARAMCO REFINERY IN JIZAN, SAUDI ARABIA, USING TWO DRONES.
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AMD AIMS TO RAISE UP TO $5 BILLION THROUGH DEBT OFFERING.
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U.S. DEFENSE SECRETARY HEGSETH STATES THAT THE U.S. CAN MAINTAIN A BLOCKADE ON IRAN FOR AS LONG AS NECESSARY.
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U.S. DEFENSE SECRETARY HEGSETH STATES THAT REPORTS ON USS ABRAHAM LINCOLN'S CONDITIONS ARE INCORRECT.
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US SENDING FRESH AIRCRAFT CARRIER TO MIDDLE EAST AMID IRAN WAR STRAIN - WSJ
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U.S. IS PREPARING TO SEND THE AIRCRAFT CARRIER USS GEORGE WASHINGTON TO THE MIDDLE EAST TO REPLACE THE USS ABRAHAM LINCOLN AS PART OF A PREVIOUSLY SCHEDULED ROTATION PLAN, ACCORDING TO U.S. OFFICIALS FAMILIAR WITH THE MATTER. THE LINCOLN HAS UNDERGONE AN EXTENDED DEPLOYMENT WITH FEW PORT CALLS, PROMPTING LAWMAKERS TO RAISE CONCERNS ABOUT LIVING CONDITIONS ABOARD THE SHIP. - WSJ
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THE LINCOLN BEGAN A SCHEDULED DEPLOYMENT IN NOVEMBER AND WAS REDIRECTED TO THE MIDDLE EAST IN JANUARY AHEAD OF THE U.S. WAR AGAINST IRAN. THE CARRIER AND ITS EMBARKED AIRCRAFT WERE INSTRUMENTAL TO THE U.S.’S OPERATION EPIC FURY BOMBING CAMPAIGN, AND THE SHIP HAS SINCE PARTICIPATED IN THE U.S. BLOCKADE OF IRANIAN PORTS. - WSJ
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US HAS LOST ABOUT 25% OF REAPER DRONES DURING IRAN WAR - WAPO
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OPENAI NAMES DALI RAJIC AS CHIEF REVENUE OFFICER.
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OPENAI HAS ENTERED A STRATEGIC PARTNERSHIP WITH CHAD PEETS AND RPT PARTNERS.
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DENISE DRESSER WILL DEPART FROM OPENAI TO CHASE OTHER OPPORTUNITIES AFTER A TRANSITION PERIOD, ACCORDING TO THE WEBSITE.
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PREMIER SCOTT MOE OF SASKATCHEWAN STATED THAT DURING CANADA-U.S. TRADE DISCUSSIONS, IT'S IMPORTANT TO FOCUS ON THE OVERALL OBJECTIVE OF REVIEWING AND RENEWING THE CUSMA AGREEMENT.
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PREMIER SCOTT MOE ANNOUNCES THAT DISCUSSIONS BETWEEN CANADA AND THE U.S. HAVE HEATED UP RECENTLY AS THE AUGUST 19 TARIFF DEADLINE APPROACHES.
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PREMIER SCOTT MOE STATED THAT THERE ARE SEVERAL DELICATE ISSUES IN THE TALKS, WITH DAIRY BEING A KEY CONCERN, BUT THAT THE DISCUSSIONS ARE PROMISING.
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5.4 MAGNITUDE EARTHQUAKE HITS KERMADEC ISLANDS, ACCORDING TO USGS.
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U.S PRESIDENT TRUMP TO VISIT NASSAU COUNTY POLICE ACADEMY TOMORROW
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