Today: 17 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Intel launches edge AI chips as Lip-Bu Tan races to prove turnaround

Intel launches edge AI chips as Lip-Bu Tan races to prove turnaround

Intel introduced a new slate of processors targeting industrial and medical sectors at Embedded World in Nuremberg on Tuesday, stepping up its edge AI push with CEO Lip-Bu Tan at the helm as he attempts to steer the U.S. chipmaker back on course. The company said systems with the new chips are already shipping. A healthcare software suite tied to the launch is set for wider distribution in the second quarter.
Amazon AWS shifts defense AI workloads off Anthropic’s Claude after Pentagon supply-chain risk move

Amazon AWS shifts defense AI workloads off Anthropic’s Claude after Pentagon supply-chain risk move

Amazon’s cloud division on Tuesday said it’s working with customers to shift defense work—specifically projects linked to Pentagon contracts—away from Anthropic’s Claude. Those jobs are getting migrated to other AI models available on AWS. According to an Amazon spokesperson, Claude remains an option for everything else that’s not Pentagon-related.
Tesla Faces Fresh Robotaxi Pressure as Zoox Expands and Safety Scrutiny Builds

Tesla Faces Fresh Robotaxi Pressure as Zoox Expands and Safety Scrutiny Builds

Tesla’s ambitions for its robotaxi business are facing a sharper test, as Amazon’s Zoox announced plans to take its autonomous vehicle pilots into Dallas and Phoenix. That ramps up the pressure on Tesla to show it can scale beyond Austin. The timing coincides with U.S. auto-safety regulators convening a national forum Tuesday to hash out standards for monitoring and measuring driverless tech. Waymo, for its part, is running close to 400,000 rides each week and claims 200 million autonomous miles. Zoox, meanwhile, has tallied up more than 1 million self-driven miles and carried 300,000 riders.
Compass Group outlook faces fresh test as investor conferences begin after AI selloff

Compass Group outlook faces fresh test as investor conferences begin after AI selloff

Compass Group PLC was slated for back-to-back investor sessions again Tuesday, booking stops in both Aventura, Florida, and London, following Monday’s Bank of America gathering in Miami, according to the company’s schedule. Management is facing investors with renewed momentum after last month’s upbeat Q1 update—though AI concerns have tempered some of the enthusiasm.
10 March 2026
Tesco PLC Tests 24/7 Royal Mail Parcel Lockers at UK Stores as Convenience Race Intensifies

Tesco PLC Tests 24/7 Royal Mail Parcel Lockers at UK Stores as Convenience Race Intensifies

Tesco has rolled out Royal Mail parcel lockers outside a handful of UK stores, letting customers collect, send, or return parcels anytime—part of the grocer’s ongoing move to bolt on more services to the weekly shop. Royal Mail kicked off the six-month pilot at locations such as Ashby-de-la-Zouch, Barrow, Burnham-on-Sea, Bury, Cullompton, Horwich, March and Preston, according to a statement Monday.
10 March 2026
Sage teams with SumUp on free UK tax tool ahead of Making Tax Digital deadline

Sage teams with SumUp on free UK tax tool ahead of Making Tax Digital deadline

Sage Group plc said Monday it’s teaming up with fintech firm SumUp to offer a free accounting and tax-filing tool aimed at UK sole traders, just weeks before new HMRC digital filing requirements take effect. “Merchants do not start a business for the administrative side of things,” said Felix Lamouroux, who heads global banking at SumUp. Sage’s Gordon Stuart added that many sole traders are still “unprepared for the change ahead.”
10 March 2026
International Consolidated Airlines Group SA slides as oil shock and BA flight disruption threaten recovery

International Consolidated Airlines Group SA slides as oil shock and BA flight disruption threaten recovery

International Consolidated Airlines Group, which owns British Airways, was hit again Monday as oil prices spiked and ongoing Middle East flight disruptions knocked airline stocks. Shares in Air France-KLM, IAG, Lufthansa and Wizz Air dropped anywhere from 2.5% to 6% in the morning session. Brent crude—widely watched as the global benchmark—rallied to its strongest level since 2022 before paring gains.
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Stock Market Today

  • SpaceX Sinks 40% From IPO High as Profit Uncertainty and Starship Launch Delay Prompt Caution
    July 16, 2026, 9:16 PM EDT. SpaceX stock has tumbled 40% from its initial post-IPO highs, now trading just under its $135 debut level after four consecutive losing sessions. The slide reflects investor concerns about whether the company can achieve profitability, despite projecting $18.7 billion in revenue for 2025 and recording 33% annual growth. Last year's $4.9 billion loss and ongoing questions about future earnings are pressuring sentiment. The recent cancellation of SpaceX's 13th planned Starship rocket test due to engine issues has added to market wariness. Following its June 12 IPO, SpaceX briefly joined the ranks of the world's largest companies; however, with only 5% of shares available to the public, volatility remains high as investors rethink its valuation in light of mixed financials.
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