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Business Insider
3 days ago
- Business
- Business Insider
Tesla is up before earnings this week, and Opendoor Technologies' stock rose on an investor's prediction of a turnaround
Tesla, Block, Navitas Semiconductor, Incannex Healthcare, and Opendoor Technologies are all moving premarket. Opendoor Technologies rose over 25% after a social media boost by an investor. Eric Jackson's post predicted a strong turnaround, boosting the stock. Opendoor Technologies, Tesla, Block, Navitas Semiconductor, and Incannex Healthcare are the most talked-about US stocks ahead of a fresh trading week. This is where they were trading premarket as of 7 a.m. ET Monday —and what's driving the moves. 1. Opendoor Technologies The move: The real estate company jumped over 20% to $2.72 a share, having gained about 36% on Friday. Why: Opendoor's surge has followed a social media post by investor and Carvana spotter Eric Jackson, who wrote that he predicted a strong turnaround for the online platform. The stock's retail trading activity is up 140% in the past 10 days, per stocks and ETF data provider VandaTrack. 2. Tesla The move: Elon Musk's EV maker is up 1.4% to $334.29 per share, after rising about 3% on Friday. Why: The company is set to report quarterly earnings on Wednesday. Tesla stock rose after the past two postings, despite weaker-than-expected results. This week's earnings will indicate the health of the EV manufacturer after Musk's return from his role at Doge. 3. Block The move: The firm that operates Square and Cash App is up about 9% to $79.60 a share, bringing its increase to more than 15% in the past month. Why: The jump came on the news that Block will be added to the S&P 500 on Wednesday, replacing energy company Hess Corporation. 4. Navitas Semiconductor The move: Its stock is up 5.6% to $7.17 a share, extending its gain of 8.3% on Friday. Why: The California-headquartered company has made several announcements regarding key innovations this year, including gains in GaN semiconductor production and the development of 800V HVDC architecture for AI data centers as part of a collaboration with Nvidia. 5. Incannex Healthcare The move: Shares were up 44% before the opening bell to $0.88, following a leap of over 60% on Friday. Why: The Nasdaq-listed company is due to release more data this month on its ongoing trials of an oral drug for sleep apnea patients.
AsiaOne
15-07-2025
- Science
- AsiaOne
Astronauts from India, Poland and Hungary depart space station for return flight, World News
LOS ANGELES — Nasa retiree turned private astronaut Peggy Whitson and three crewmates from India, Poland and Hungary departed the International Space Station early on Monday (July 14) and embarked on their return flight to Earth. A Crew Dragon capsule carrying the quartet undocked from the orbital laboratory at 7.15am EDT (7.15pm, Singapore time), ending the latest ISS visit organised by Texas-based startup Axiom Space in partnership with Elon Musk's California-headquartered rocket venture SpaceX. The Axiom astronauts, garbed in their helmeted white-and-black flightsuits, were seen in live video footage strapped into the crew cabin shortly before the vehicle separated from the station, orbiting some 260 miles (418km) over the east coast of India. A couple of brief rocket thrusts then pushed the capsule safely clear of the ISS. Whitson, 65, and her three Axiom crewmates — Shubhanshu Shukla, 39, of India, Sławosz Uznański-Wiśniewski, 41, of Poland, and Tibor Kapu, 33, of Hungary — spent 18 days aboard the space station conducting dozens of research experiments in microgravity. The mission stands as the fourth such flight since 2022 arranged by Axiom as the Houston-headquartered company builds on its business of putting astronauts sponsored by private companies and foreign governments into low-Earth orbit. For India, Poland and Hungary, the launch marked the first human spaceflight in more than 40 years and the first mission ever to send astronauts from their government's respective space programmes to the ISS. If all goes as planned, the Dragon capsule will re-enter Earth's atmosphere at the end of a 22-hour return flight and parachute into the Pacific Ocean off the coast of California on Tuesday around 5.30am EDT. Dubbed "Grace" by its crew, the newly commissioned capsule flown for Axiom-4 was launched from Nasa's Kennedy Space Centre in Cape Canaveral in Florida on June 25, making its debut as the fifth vehicle in SpaceX's Crew Dragon fleet. Axiom-4 also marks the 18th crewed spaceflight logged by SpaceX since 2020, when Musk's rocket company ushered in a new Nasa era by providing American astronauts their first rides to space from US soil since the end of the space shuttle programme nine years earlier. The Ax-4 multinational team was led by Whitson, who retired from Nasa in 2018 after a pioneering career that included becoming the US space agency's first female chief astronaut and the first woman to command an ISS expedition. Now director of human spaceflight for Axiom, she had logged 675 days in space, a US record, during three previous Nasa missions and a fourth flight to space as commander of the Axiom-2 crew in 2023. Her latest mission commanding Axiom-4 will extend her record by about three more weeks. Axiom, a 9-year-old venture co-founded by Nasa's former ISS programme manager, is one of a handful of companies developing a commercial space station of its own intended to eventually replace the ISS, which Nasa expects to retire around 2030. [[nid:719293]]
Hindustan Times
14-07-2025
- Science
- Hindustan Times
Astronauts from India, Poland, Hungary depart space station for return flight
* Astronauts from India, Poland, Hungary depart space station for return flight Splashdown planned for Tuesday morning in Pacific off California * Undocking ends 18-day science outing aboard orbital laboratory * Mission marks US astronaut Peggy Whitson's 5th flight to space By Steve Gorman LOS ANGELES, - NASA retiree turned private astronaut Peggy Whitson and four crewmates from India, Poland and Hungary departed the International Space Station early on Monday and embarked on their return flight to Earth. A Crew Dragon capsule carrying the quartet undocked from the orbital laboratory at 7:15 a.m. EDT , ending the latest ISS visit organized by Texas-based startup Axiom Space in partnership with Elon Musk's California-headquartered rocket venture SpaceX. The Axiom astronauts, garbed in their helmeted white-and-black flightsuits, were seen in live video footage strapped into the crew cabin shortly before the vehicle separated from the station, orbiting some 260 miles over the east coast of India. A couple of brief rocket thrusts then pushed the capsule safely clear of the ISS. Whitson, 65, and her three Axiom crewmates - Shubhanshu Shukla, 39, of India, Sławosz Uznański-Wiśniewski, 41, of Poland, and Tibor Kapu, 33, of Hungary - spent 18 days aboard the space station conducting dozens of research experiments in microgravity. The mission stands as the fourth such flight since 2022 arranged by Axiom as the Houston-headquartered company builds on its business of putting astronauts sponsored by private companies and foreign governments into low-Earth orbit. For India, Poland and Hungary, the launch marked the first human spaceflight in more than 40 years and the first mission ever to send astronauts from their government's respective space programs to the ISS. If all goes as planned, the Dragon capsule will re-enter Earth's atmosphere at the end of a 22-hour return flight and parachute into the Pacific Ocean off the coast of California on Tuesday around 5:30 a.m. EDT . Dubbed "Grace" by its crew, the newly commissioned capsule flown for Axiom-4 was launched from NASA's Kennedy Space Center in Cape Canaveral in Florida on June 25, making its debut as the fifth vehicle in SpaceX's Crew Dragon fleet. Axiom-4 also marks the 18th crewed spaceflight logged by SpaceX since 2020, when Musk's rocket company ushered in a new NASA era by providing American astronauts their first rides to space from U.S. soil since the end of the space shuttle program nine years earlier. The Ax-4 multinational team was led by Whitson, who retired from NASA in 2018 after a pioneering career that included becoming the U.S. space agency's first female chief astronaut and the first woman to command an ISS expedition. Now director of human spaceflight for Axiom, she had logged 675 days in space, a U.S. record, during three previous NASA missions and a fourth flight to space as commander of the Axiom-2 crew in 2023. Her latest mission commanding Axiom-4 will extend her record by about three more weeks. Axiom, a 9-year-old venture co-founded by NASA's former ISS program manager, is one of a handful of companies developing a commercial space station of its own intended to eventually replace the ISS, which NASA expects to retire around 2030. This article was generated from an automated news agency feed without modifications to text.
Time of India
08-07-2025
- Business
- Time of India
Wi-Fi gear maker TP-Link to hire more in India, opens incubation centre
NEW DELHI: TP-Link Systems said it will expand its headcount in India in the coming quarters, and said that its new incubation centre will work on research and development (R&D) in emerging technologies. The US-headquartered Wi-Fi gear maker currently employs 300 people in India. 'We are committed to expanding our talent pool across various functions, with a particular emphasis on bolstering our global capability centre (GCC). In the upcoming quarters, we aim to significantly increase our headcount to support our business transformation, improve operational efficiency, and drive innovation,' Sanjay Sehgal , MD & CEO, TP-Link, told ETTelecom. The company will hire resources in domains such as technology, analytics, finance, and shared services, he said. 'TP-Link has been steadily increasing its investment in India as part of our long-term strategy to expand our footprint and support the country's digital growth,' he said. The California-headquartered company competes with vendors such as Cisco , HPE, Juniper Networks, D-Link, and Netgear . Earlier, Netgear chief executive Charles (CJ) Prober also said the vendor is investing to grow its R&D footprint in India, and would invest further in engineering, sales & customer support in the coming years. TP-Link has expanded its presence in Mumbai with a second office; it already has an office in Delhi. 'The opening of the new office reflects TP-Link's strong commitment to the Indian market and our long-term growth strategy in the region,' Sehgal said. The top executive said that the incubation centre, housed in the new Mumbai office, will focus on technologies such as Wi-Fi 7, the Internet of Things (IoT), smart home automation, enterprise networks , and artificial intelligence (AI)-driven network optimisation. Without divulging specific details, he said TP-Link's revenue in India last year was primarily driven by the sales of its Wi-Fi routers, surveillance products, mesh systems, and smart home devices, in the enterprise and consumer segments. 'The consumer segment still constitutes the major part of TP-Link's sales in India, but the enterprise segment is gaining traction and is expected to contribute a growing share in the coming years,' Sehgal said, adding that TP-Link is aiming to sell Wi-Fi 6 equipment, IoT solutions, and enterprise networking products in 2025 and 2026. The company's contract manufacturing partners – Pacific Cyber Technology, Optiemus , and Vivaan Electronic – domestically produce network switches, access points, surveillance cameras, Wi-Fi routers, and mesh network systems, among other solutions. 'TP-Link is fully committed to supporting India's " Make in India " initiative, and we have taken significant steps to localise manufacturing through our EMS partners to strengthen the country's technology ecosystem,' Sehgal said. According to the International Data Corporation (IDC), the enterprise wireless local area network (WLAN) market grew by 10.6% year-on-year in Q1 2025 to $2.3 billion. Cisco, HPE Aruba Networking, Ubiquiti, Huawei, and Juniper Networks, respectively, led the market.
The Star
03-07-2025
- Business
- The Star
Apple claims engineer stole trade secrets, took them to rival
SAN JOSE: Di Liu of San Jose told Apple he was resigning his position as a design engineer to spend more time with his family and look after his health, but he had secretly taken a job with a rival, and before leaving the iPhone giant, he stole a 'massive volume' of its trade secrets, Apple alleges in a lawsuit against Liu. Over his seven years at Cupertino, California-headquartered Apple, Liu rose to become a senior product-design engineer, and worked on the research and development of the company's Vision Pro augmented-reality headset, a wearable computing device. The lawsuit, and Liu's LinkedIn profile, indicate he now works as a product-design engineer at Santa Monica, California-based Snap, which owns social messaging app Snapchat, and sells a wearable product called 'Spectacles.' His final role at Apple gave him 'access to various novel Apple technologies that are embodied in Apple Vision Pro or not yet released,' the lawsuit filed June 24 in Santa Clara County Superior Court alleged. When Liu resigned, he concealed from Apple a job offer two weeks earlier from Snap that meant 'he would soon start working in a product design role at Snap substantially similar to the role he held at Apple,' the lawsuit claimed. 'Because Mr Liu did not inform Apple that he was departing to work on another company's product, Mr Liu was permitted to stay on at Apple for the standard two-week departure period rather than immediately losing access to Apple's proprietary information,' the lawsuit alleged. Three days before leaving Apple, Liu used his company credentials to download thousands of Apple documents containing trade secrets, and upload them into his personal cloud storage, the lawsuit claimed. Included in the material was information related to product design and development, and production information concerning quality control, cost, and supply chain strategies, the lawsuit alleged. 'The overlap between Apple's proprietary information that Mr Liu retained and Snap's AR products (for which Mr Liu is a 'product design engineer') suggests that Mr. Liu intends to use Apple's proprietary information at Snap,' the lawsuit claimed. Liu could not be reached for comment. It was not clear from court records whether he had a lawyer representing him in the case. Snap, not named as a defendant or accused of any wrongdoing, said it had reviewed the claims in Apple's lawsuit, and had 'no reason to believe they are related to this individual's employment or conduct at Snap.' Apple accused Liu of breaking his confidentiality agreement, and is seeking unspecified damages. The company also wants a court order forcing Liu to return allegedly stolen trade secrets, and subjecting his electronic devices and cloud accounts to inspection, to ensure they contain none of Apple's proprietary information. Apple's alleged insights into Liu's treatment of confidential information appear to have arisen from examination of his company-issued computer, which the lawsuit claimed he used to download secrets, and copy them to his cloud storage. Liu has retained Apple's confidential information, the lawsuit claimed. 'Mr Liu's actions were deliberate,' the lawsuit alleged. 'Logs on his Apple-issued work laptop show that Mr Liu individually selected the folders he copied and, in some cases, renamed and reorganised them after moving them to his personal cloud storage account.' The lawsuit claimed Liu also deleted files from his company laptop 'that might have let Apple determine what data Mr Liu stole.' Allegations of theft of Apple's trade secrets in recent years have led to criminal and civil court cases. In 2021, Apple sued product designer Simon Lancaster in San Jose US District Court, alleging he provided stolen proprietary information to a journalist. Lancaster in 2022 agreed to pay an undisclosed sum to settle the case, court records show. Also in 2022, Apple sued Mountain View computer hardware startup Rivos in San Jose US District Court, claiming it poached employees who took chip-design secrets before leaving Apple. Rivos in a 2023 court filing denied the claim, saying Apple was 'hoping to frighten and send a message to any employees who might dare to leave Apple to work somewhere else.' In 2023, federal authorities charged software engineer Weibao Wang with stealing thousands of sensitive documents from Apple. The US Department of Justice claimed Wang fled to China five minutes before midnight the day law enforcement agents visited his Mountain View home. He was believed to be employed in China for an Apple competitor. An arrest warrant was issued for Wang, but the US does not have an extradition treaty with China. Last year, former Apple engineer Zhang Xiaolang received a four-month prison sentence for stealing Apple secrets while he was preparing to work for a Chinese startup. – The Mercury News/Tribune News Service
