Lumentum sees sales more than double as AI demand swells

For months, cybersecurity leaders warned that artificial intelligence would reshape the threat landscape, compressing weeks- and dayslong cyberattacks into a matter of minutes. Until last week, those threats still felt like a distant risk. The OpenAI agent hack on Hugging Face illustrates that this era has not only arrived but also created a new challenge:…

Alphabet shares fell Wednesday evening after the Google parent reported good, but not great second-quarter results. While artificial intelligence adoption is boosting top-line growth, it’s also driving higher levels of capital spending. And that doesn’t seem to be changing any time soon. Revenue in the second quarter increased 24% year over year to $119.8 billion,…

Palantir topped second-quarter earnings estimates on Monday and said commercial revenue more than doubled from a year ago. The stock surged 8% after the numbers were released. Here’s how the company did versus LSEG estimates: Earnings per share: 41 cents adj. vs. 35 cents expected Revenue: $1.94 billion vs. $1.80 billion expected Revenue climbed 93%…

The framework that has long guided development economics no longer reflects how modern economies actually create value. As the boundaries that once separated sectors become blurred, prosperity increasingly depends on how economies build the ecosystems that sustain technological progress and nurture new productive capacity. CAPE TOWN—The economist Dani Rodrik recently reopened one of development economics’…

This paper examines the rapid expansion and convergence of retail betting markets. We analyze market design elements, discuss economic utility, and highlight shared behavioral drivers of sports betting markets, prediction markets, and retail options trading. Our review underscores how technological innovation, behavioral biases, and regulatory arbitrage have shaped recent market evolution. We highlight important considerations…

Palantir CEO Alex Karp speaks during an interview on July 27, 2026 in New York City. John Lamparski | Getty Images Palantir soared in premarket trading on Tuesday after the company reported “otherworldly” second-quarter earnings driven by customer demand for AI sovereign tools. The enterprise software giant reported a 93% growth in overall revenue to…