Meta gives lacklustre quarterly sales forecast; shares drop

Meta gives lacklustre quarterly sales forecast; shares drop

Published Thu, Jul 30, 2026 · 06:37 AM META Platforms gave a disappointing revenue forecast for the current quarter, intensifying investor concerns about the social media giant’s unprecedented spending on artificial intelligence.  The company said third quarter revenue will be US$61 billion to US$64 billion, with the mid line of that range below the average…

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Robinhood quarterly profit rises on strong trading activity

Robinhood quarterly profit rises on strong trading activity

Published Thu, Jul 30, 2026 · 06:34 AM ROBINHOOD Markets posted a rise in second-quarter profit on Wednesday (Jul 29), as volatility in the markets spurred higher trading activity on its platform. Retail trading activity remained elevated during the reported quarter, helped by heightened market participation as the US-Iran conflict stoked concerns over global oil supplies, fuelling…

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Open Source AI Gains as Together AI Raises $800M

Open Source AI Gains as Together AI Raises 0M

Open source AI just picked up serious momentum, as Together AI announced an “$800 million Series C at an $8.3 billion valuation.” The round, led by Aramco Ventures with Nvidia and others, funds a company that makes open models cheaper to run at scale. For founders, that points to lower AI bills ahead. The news…

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The Future of Work: Skilled Freelancing Jumps to 38%

The Future of Work: Skilled Freelancing Jumps to 38%

The future of work took a measurable step this month, as Upwork’s Future Workforce Index 2026 found that 38% of skilled U.S. knowledge workers now freelance. That is up sharply from 28% a year ago. The report, released July 14, surveyed 2,400 U.S. workers and paired the results with Upwork marketplace data. For founders, the…

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