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Connor Hellebuyck net worth 2026: Salary, contract, earnings, deals
SportTimes of India1h ago

Connor Hellebuyck net worth 2026: Salary, contract, earnings, deals

Connor Hellebuyck, a celebrated NHL goaltender for the Winnipeg Jets and Team USA at the 2026 Winter Olympics, boasts an estimated net worth of $20-30 million. His impressive career, marked by three Vezina Trophies and a significant contract extension, has also led to lucrative brand endorsements with companies like CCM Hockey and EA Sports.

Businesspublico7h ago

Portuguese Footwear Industry Faces Decline Amid Global Uncertainty

Portuguese footwear companies are reporting significant business downturns due to global uncertainty and economic instability. Companies like Joseli and Fábrica de Calçado da Mata have experienced substantial losses, with one reporting a halving of production and another a 2 million loss.

Trump's Challenge to Free Market Capitalism
OpinionNYT11h ago

Trump's Challenge to Free Market Capitalism

A New York Times article analyzes how Donald Trump's economic policies, characterized by stakes in private companies and handshake deals, deviate significantly from traditional Republican free-market principles.

Boards Are Replacing CEOs At The Fastest Pace In Over A Decade
Businesszerohedge22h ago

Boards Are Replacing CEOs At The Fastest Pace In Over A Decade

Boards Are Replacing CEOs At The Fastest Pace In Over A Decade A historic wave of leadership change is sweeping corporate America. Across 1,500 of the largest publicly traded companies, roughly one in nine CEOs was replaced last year—the highest churn since the post-financial-crisis years., according to the Wall Street Journal. The turnover has ushered in the largest cohort of new chief executives in more than a decade, and they’re arriving younger and, in many cases, with thinn...

If 'Cash Is King', Berkshire Hathaway Leads The World
Financezerohedge1d ago

If 'Cash Is King', Berkshire Hathaway Leads The World

If 'Cash Is King', Berkshire Hathaway Leads The World The cash that companies hold is important for paying employees, funding operations, and as a measure of financial health. This chart, via Visual Capitalist's Boyan Girginov, shows the 50 companies with the largest cash holdings, using data from TradingView to highlight who is sitting on the largest war chests. This metric captures a company’s most liquid assets: cash plus short-term securities like T-bills that typically matu...

FDA Dropping Requirement For 2 Studies For New Drug Approvals
Healthzerohedge1d ago

FDA Dropping Requirement For 2 Studies For New Drug Approvals

FDA Dropping Requirement For 2 Studies For New Drug Approvals Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Food and Drug Administration (FDA) will approve many new drugs based on one trial moving forward, agency leaders have said. FDA Commissioner Dr. Marty Makary in Washington on July 29, 2025. Saul Loeb/AFP via Getty Images The FDA has typically required two studies from companies seeking approval for most new drugs, although in recent years it has ap...

Software Industry Navigates AI Disruption and Market Shifts
TechnologyYahoodeadlineseeking-alpha2d ago3 sources

Software Industry Navigates AI Disruption and Market Shifts

The software industry is experiencing significant disruption due to AI advancements, leading to investor pullback and a re-evaluation of market strategies. This includes a look at companies building infrastructure for crypto payments and the broader impact on software development.

Meta's AI Would Like To Keep You Posting After You're Dead
Technologyzerohedge2d ago

Meta's AI Would Like To Keep You Posting After You're Dead

Meta's AI Would Like To Keep You Posting After You're Dead Ever since social media became a fixture of daily life, an uncomfortable question has lingered: what should happen to someone’s account after they die? Leave it frozen in time? Hand it to family members as a memorial? Or quietly let it fade into the algorithm? A few years ago, Meta Platforms explored a far more ambitious possibility, according to Futurism. In 2023, the company received a patent describing how a large language model could be trained on a user’s past posts to simulate their voice and behavior — keeping an account active if the person were “absent,” including in the event of death. The filing, led by CTO Andrew Bosworth, outlined how such a system could generate posts, comments, likes, and even private messages in the user’s style. The idea was striking, and for many, unsettling. Meta has since said it has no plans to move forward with that example. But the patent offers a snapshot of a moment when tech companies were aggressively testing the limits of what generative AI might do — including extending a person’s digital presence beyond their lifetime. The Futurism piece says that the concept isn’t entirely theoretical. A small but growing “grief tech” sector has promoted AI tools that recreate voices or personalities of the deceased using photos, recordings, and written messages. Proponents argue that such tools could offer comfort. Critics worry they could complicate the grieving process. Even within Meta’s own public comments, there has been ambivalence. CEO Mark Zuckerberg has spoken about AI companions as a way to address loneliness and, in a 2023 interview with podcaster Lex Fridman, suggested that interacting with digital representations of loved ones might help some people cope with loss. He also acknowledged the psychological risks and the need for deeper study. The business logic behind such experiments is difficult to ignore. Platforms like Facebook are filled with dormant accounts — profiles that remain but are rarely updated. More AI-generated activity could mean more engagement and more data. As University of Birmingham law professor Edina Harbinja observed, the commercial incentive is clear, even if the ethical path forward is not. Others urge caution. University of Virginia sociologist Joseph Davis has argued that part of grieving involves confronting the reality of loss, not blurring it with simulations. Meta has distanced itself from the patent’s more provocative scenario. Still, its existence underscores how far companies have been willing to push generative AI — and how complex the questions become when technology intersects with death, memory, and identity. Tyler Durden Fri, 02/20/2026 - 12:00

Psychedelics Symposium Boosts Biotech Stock Outlooks
FinanceYahoo2d ago

Psychedelics Symposium Boosts Biotech Stock Outlooks

Analysts are bullish on several biotech companies, including GH Research, Cybin D/B/A Helus Pharma, and COMPASS Pathways, following a psychedelics symposium and positive model updates, with Baird lowering Bright Minds Biosciences' price target but maintaining an Outperform rating.

Poland Launches Major Economic Mission to Saudi Arabia
Businessrzeczpospolita7h ago

Poland Launches Major Economic Mission to Saudi Arabia

Poland has sent its largest-ever economic mission, comprising 70 companies, to Riyadh to forge a strategic partnership with Saudi Arabia. The visit included the signing of a trilateral agreement by BGK, KUKE, and SaudiEXIM to facilitate potential contracts.

Investors Shift from Tech to 'Boring' Stocks Amid Market Concerns
Finance8h ago

Investors Shift from Tech to 'Boring' Stocks Amid Market Concerns

An expert notes a significant shift in the stock market as investors, concerned about technology stocks, are now favoring more traditional, 'boring' companies, leading to price drops for tech giants and gains for others. Despite this trend, a chief strategist advises against prematurely dismissing technology stocks.

AI Money Floods Midterm Elections
PoliticsNYT1d ago

AI Money Floods Midterm Elections

AI companies, along with allied groups and executives, spent at least $83 million on federal elections last year, with significant amounts expected to be invested in the upcoming midterm elections.

These new Ukrainian ground robots can launch unjammable fiber-optic drones close to the front so troops don't have to
TechnologyBusiness Insider2d ago

These new Ukrainian ground robots can launch unjammable fiber-optic drones close to the front so troops don't have to

Ratel Robotics said it had adapted one of its ground robot models to carry and launch fiber-optic drones. Ratel Robotics A Ukrainian arms maker said one of its ground robots can now launch fiber-optic aerial drones. It said the robot can launch them closer to the front without putting operators at risk. "Everything is as safe as possible for all people performing this mission," the CEO told Business Insider. A Ukrainian arms company says it has modified one of its ground robots to carry and launch unjammable fiber-optic drones. Ukrainian forces can put the drones in the air closer to the front without exposing pilots. Ratel Robotics shared a video this week of its Ratel H model robot equipped with a protected box. In the clip, the launcher opens up and releases a small drone connected to a fiber-optic cable. The uncrewed ground vehicle functions as a mobile launch point. CEO Taras Ostapchuk told Business Insider the "ground robot becomes like a base station" for the up to four drones that it can carry. Those bases are typically human-operated launch points, where pilots need to be closer to danger to put the drone in the air. Ostapchuk said that the ground robot can drop off operators at a safe location and then continue toward the front to launch the drones. The operators remotely controlling it and the fiber-optic drones can hang back "in the safest place possible." The aim is that "everything is as safe as possible for all people performing this mission," the CEO said. Fiber-optic drones, which receive signals by a thin cable rather than radio links, have become central to the war because they can't be jammed by electronic warfare like other drones — though their range is limited and the cable can be cut or snagged. Fiber-optic drones can't be jammed by electronic warfare. Kostiantyn Liberov/Libkos/Getty Images It is unclear how many of Ratel Robotics' systems have been adapted for this mission or whether they are already in the field. Drone carriers are not necessarily a new concept. For instance, Ukrainian soldiers say Russia is using its medium-sized strike drones to fly smaller drones into battle like "an aircraft carrier." Ground robots account for only a small share of Ukraine's drone missions, but the technology is becoming more prolific. New Ukrainian defense minister Mykhailo Fedorov said this week that Ukrainian forces carried out more than 7,000 combat and logistics missions with ground robotic systems in January. He added that production and upgrades are accelerating. Ukraine uses its fleet of ground robots for many different missions, including carrying ammunition and gear, evacuating wounded soldiers, laying mines, demining, firing on Russian positions, and exploding near targets. Ukraine uses robots for a host of uses, including firing at Russian positions and carrying wounded troops. Serhii Mykhalchuk/Global Images Ukraine via Getty Images The Ratel H can carry more than 880 pounds and can travel more than 37 miles. The company says it is multipurpose, able to transport cargo and evacuate wounded soldiers. The robot can also be equipped with weaponry and electronic warfare systems. The West is paying close attention to Ukraine's fight, seeking to learn lessons about what it would need to fight Russia. Ground robots are drawing close scrutiny in the West. Western militaries have fielded similar systems, but not at this scale or across so many roles, and Ukrainian companies are pushing the technology forward. Read the original article on Business Insider

Software Stock Sell-Off Driven by AI Disruption Fears
BusinessYahoo2d ago

Software Stock Sell-Off Driven by AI Disruption Fears

The software stock market is experiencing a significant sell-off, with analysts debating whether it's due to AI disruption fears, broken logic, or other factors. Companies like Manhattan Associates and CarGurus are focusing on cloud expansion and AI innovations to navigate this environment.

Google Deepmind CEO says the memory shortage is creating an AI 'choke point'
TechnologyBusiness Insider2d ago

Google Deepmind CEO says the memory shortage is creating an AI 'choke point'

Google's AI boss Demis Hassabis said the memory market came down to "a few suppliers of a few key components." PONTUS LUNDAHL/TT NEWS AGENCY/AFP via Getty Images Google DeepMind CEO Demis Hassabis said that the "whole supply chain" for memory chips is constrained. "You need a lot of chips to be able to experiment on new ideas," Hassabis told CNBC. Google produces its own TPUs, but Hassabis said that there were still "key components" that were supply-constrained. The memory shortage takes no prisoners. Even Google isn't immune. AI companies are duking it out for greater and greater quantities of memory chips. The problem? The industry is heavily supply-constrained. Costs have skyrocketed, products have been tied up, and some companies — especially those in consumer electronics — are increasing prices. On the AI front, Google DeepMind CEO Demis Hassabis told CNBC that physical challenges were "constraining a lot of deployment." Google sees "so much more demand" for Gemini and its other models than it could serve, he said. "Also, it does constrain a little bit the research," Hassabis said. "You need a lot of chips to be able to experiment on new ideas at a big enough scale that you can actually see if they're going to work." Researchers want chips, whether they work at Google, Meta, OpenAI, or other Big Tech companies, and memory is a key component. Mark Zuckerberg said that AI researchers demanded two things beyond money: the fewest number of people reporting to them, and the most chips possible. Hassabis said that wherever there was a capacity constraint, there was a "choke point." "The whole supply chain is kind of strained," Hassabis said. "We're lucky, because we have our own TPUs, so we have our own chip designs." Google has long built TPUs — Tensor Processing Units — for internal use. The company also leases them to external customers through its cloud, which has also put Nvidia on edge. But even access to their own TPUs won't save Google from having to navigate the highly competitive memory market. "It still, in the end, actually comes down to a few suppliers of a few key components," Hassabis said. Three suppliers dominate memory chip production: Samsung, Micron, and SK Hynix. These companies are struggling to meet demand for chips from AI hyperscalers without dropping their longtime electronics customers. It doesn't help that AI companies mainly want a different type of memory chip than PC manufacturers do. Large language model producers want HBM (high-bandwidth memory) chips. Don't expect Google's spending on AI infrastructure and chips to go down anytime soon. On its fourth-quarter earnings call, the company projected capital expenditures of $175 billion to $185 billion for 2026. Read the original article on Business Insider

A Japanese toilet maker and seasoning giant are unlikely winners of the AI boom
BusinessBusiness Insider2d ago

A Japanese toilet maker and seasoning giant are unlikely winners of the AI boom

AI demand is boosting unexpected Japanese companies — including a toilet maker and a seasoning giant. Smith Collection/Gado/Getty Images A toilet maker and seasoning giant are Japan's unlikely winners in the AI boom. Toto, famous for its bidets, has drawn investor attention because it makes key components for memory chips. Food giant Ajinimoto produces an insulating material used in advanced semiconductor packaging. The AI boom isn't just lifting chipmakers and Big Tech. In Japan, it's flushing gains into a toilet manufacturer and a seasoning giant. As demand for AI chips surges, investors are piling into companies that sit inside the semiconductor supply chain — even if they're better known for bathrooms and soup stock. Toilet maker Toto, famous for its high-tech bidets and heated seats, has drawn investor attention. The company makes electrostatic chucks, which are critical components used in the production of NAND memory chips. Memory prices have climbed sharply in recent months, driven by AI-related demand. Last week, UK-based activist fund Palliser Capital called Toto "the most undervalued and overlooked AI memory beneficiary," according to reports by Bloomberg and the Financial Times. After news broke on Tuesday that Palliser Capital had taken a stake and was pushing Toto to promote its chip-parts business, the toilet maker's stock jumped more than 5%. Its shares are up more than 54% over the past year. It's not just Toto. Japanese food giant Ajinomoto, better known for its umami seasonings and soup bases, has become an unlikely AI infrastructure play. The company produces an insulating material used in advanced semiconductor packaging. Ajinomoto's latest financials point to strength beyond its core food business. For the nine months ended December, the company reported an 8.9% rise in net profit, while operating profit increased 5.6% year-on-year. The gains were partly driven by its "Healthcare and Others" segment which includes electronic materials used in semiconductors, the company said in a February earnings statement. After Ajinomoto posted its earnings on February 5, the company's stock rose 13%. Its shares are up more than 56% over the past year. Not all non-tech companies are benefiting equally from the AI boom. Daikin, best known globally for its air conditioners, supplies high-purity chemical materials used in semiconductor manufacturing. It recently trimmed its outlook, citing uncertainty over US tariffs as a drag on demand. The Japanese air conditioning maker reduced its operating profit forecast by about 5% to 413 billion Japanese yen, or $2.6 billion, for the fiscal year ending in March. "Operating profit was significantly affected by the decline in semiconductor demand, decreasing by 44.6% year over year to ¥18,102 million," the company said in its financial report in February. "Net sales of fluoropolymers fell year over year, despite focused Group efforts to capture strong new demand in the data center field, and was due to the stagnation in the construction markets of the United States and China and the significant overall impact of delays in the recovery of semiconductor demand," it added. The company said it plans to cushion the blow through price increases and cost reductions. Daikin's stock dropped as much as 8.4% in Tokyo following its financial results. Read the original article on Business Insider

Why is the Hang Seng Tech Index in the doldrums while AI shares are soaring?
BusinessSCMP18m ago

Why is the Hang Seng Tech Index in the doldrums while AI shares are soaring?

Hong Kong’s tech equity benchmark is struggling to balance the artificial intelligence frenzy and picking the right industry leaders, leading to its underperformance this year, according to analysts. The Hang Seng Tech Index, which comprises 30 technology-related companies including Tencent Holdings, Alibaba Group Holding and Meituan, has fallen 5.5 per cent this year up to Friday, giving up some of last year’s 23.5 per cent gains. In contrast, the broad-based Hang Seng Index has risen 0.3 pe...

Businessglobe-and-mail8h ago

Analysts Offer Insights on Energy Companies

Analysts have provided insights on energy companies such as Teekay Tankers (TNK), Occidental Petroleum (OXY), Infinity Natural Resources, Inc. Class A (INR), Obsidian Energy (OBE), and Cenovus Energy (CVE).

NLC slams ‘Clandestine’ N6tn GENCO demand
PoliticsPremium Times2d ago

NLC slams ‘Clandestine’ N6tn GENCO demand

NLC rejected claims by the generation companies that it lacks the competence to interrogate developments in the electricity market. The post NLC slams ‘Clandestine’ N6tn GENCO demand appeared first on Premium Times Nigeria.

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses
Businesszerohedge2d ago

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses Shares of EssilorLuxottica SA are on track for their worst weekly decline in nearly four years, as competition in the smart-glasses market intensified this week following reports that Apple plans to launch AI-powered smart glasses in 2027. EssilorLuxottica manufactures the smart glasses that Meta sells under the Ray-Ban partnership. These glasses are in the sub-$500 category, which proves that affordability wins. Meta nailed that sweet spot in pricing, while Tim Cook's $3,500 Vision Pro has been an epic bust and failed to achieve mass adoption. It's not just Apple. Citigroup analyst Veronika Dubajova noted this week that her team "expects a number of competitive launches in the smart eyewear market over the next 12 to 24 months." Bloomberg-tracked Wall Street analyst ratings show no meaningful wave of downgrades following this week's Apple news, with roughly 93% of covering analysts maintaining a "Buy" recommendation. Stifel analyst Cedric Rossi said that the entry of Apple and Google into the smart-glasses market represents more of a catalyst than a threat. "Their presence should accelerate consumer awareness and expand the total addressable market," he told clients earlier this week, adding that EssilorLuxottica "retains several key competitive advantages." Shares of EssilorLuxottica in Paris are down about 10% this week, marking their largest weekly decline since the first week of March 2022. From the 2025 peak, shares are down 26%. Goldman analyst Jerry Shen recently published a detailed view of the AI and AR glasses supply chain, breaking it down by the companies that supply the critical components behind these devices (see report). Tim Cook blew it with Vision Pro ... Meta takes the win. Apple has to focus on affordability ... Tyler Durden Fri, 02/20/2026 - 08:20

The CEO of a startup building robots for factories explains how US manufacturing is at a crossroads
BusinessBusiness Insider2d ago

The CEO of a startup building robots for factories explains how US manufacturing is at a crossroads

Machina Labs This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. The US manufacturing industry is at a crossroads: try catching the leaders where they are or beat them to where the industry is headed. Edward Mehr sits firmly in the second camp. The thesis of his robotics-enabled manufacturing startup, Machina Labs, is that America's reindustrialization needs to be distributed and flexible. Trying to build the centralized, traditional factories China has perfected is a lost cause. "It's going to be a miracle to catch up if you want to replicate what they have," Mehr told me. "It's just not the right chess move. We need to try to see if we can leapfrog and then do the next generation." We're still in the early stages of robotics in factories. Mehr said the industry is still five years away from a major, ChatGPT-like breakthrough. But there's no shortage of companies giving it a go, including giants such as Tesla and Amazon. The opportunity is huge, with the manufacturing industry accounting for trillions of dollars. It's also a brutal business to break into. If a robot doesn't immediately help you cut costs or improve efficiencies, there's not much point pursuing it any further. (Example: Amazon's recent "Blue Jay" warehouse robot.) Machina Labs, which specializes in producing complex metal structures for the defense, aerospace, and automotive industries, sees its value-add on two fronts. Its robots can switch between different manufacturing operations, saving the time it would take to retool a factory to produce a new product. It's also portable, meaning there's no need to custom-design factories for specific productions. The space is crowded, and Mehr acknowledged that competitors are also pursuing portability or flexibility, but typically not both. "We're almost rethinking a lot of the manufacturing processes from scratch," he said. "If you go to our factory, things are being built in a way that you cannot see in any other place." Like many robotics players, Machina Labs now needs to prove its thesis at scale. The company raised a $124 million Series C round earlier this month from investors including Lockheed Martin Ventures and Toyota's venture arm. It'll use that cash to build a new 200,000-square-foot factory. The factory will feature 50 robots and initially serve Lockheed Martin. The goal is to produce a few thousand structures every year. That's a significant step up from its current factory, which runs 10 robots and has an annual production of a few hundred. But what about the humans? Tensions are already high around AI's impact on white-collar jobs. Are blue-collar workers headed to a similar fate? Machina Labs' new factory will include about 150 human workers, which Mehr said is roughly equivalent to the number of humans who'd work at a robot-free factory. The work is different, but no one seems to be complaining. Mehr said a recent internal survey found that employees' interest level in the job was exceptionally high. (So much for AI fatigue!) "You're working with robots. You're working with software. Compared to previously, you had these instructions. You'd follow it daily, over and over again," he said. "Now, you almost feel like you're playing a game." Read the original article on Business Insider

Multiple Companies Report Q4 Earnings
BusinessYahoo2d ago

Multiple Companies Report Q4 Earnings

Several companies across different sectors, including Devon Energy, EQT, Fresh Del Monte Produce, Constellium, Dana, Element Solutions, Centerspace, and Charles River Laboratories International, have released their fourth-quarter earnings reports.