D-Wave Quantum profits miss as bookings explode
D-Wave Quantum (QBTS) reported a wider-than-expected third-quarter loss on Tuesday, while its revenue fell short of estimates. D-Wave stock faltered as order intake soared more than 600% to $37.4 million. In its conference call with Wall Street analysts,…
Hims Roller Coaster Continues with Surprise Losses, Soft Sales and Lower Guidance
Hims stock plunged early Tuesday after the telehealth giant missed Wall Street’s third-quarter sales forecast, reported surprise losses and lowered the midpoint of its outlook for 2026. The news follows a deal with Eli Lilly (LLY) that will allow…
‘Not great’: October CPI inflation rises 0.4% as food and rent costs rise
Consumer price index data for October showed inflation remained high, while costs rose for a wide range of essential goods and services, including food, rent and medical care. The consumer price index rose 0.4% in October from the previous month, more…
Rivian CEO: 2027 will be a “year of inflection” with the rise of R2 and autonomy
RJ Scaringe and his team at the opening day of Rivian’s manufacturing campus in Normal, Illinois. Source: Rivian It’s been five years since Rivian Automobile celebrated its IPO with CEO and founder RJ Scaringe ringing the Nasdaq opening bell…
Average cost of a new vehicle in the U.S. hits new record: NPR
Ford Motor vehicles are displayed for sale at the Leif Johnson Ford dealership June 30 in Austin, Texas. Brandon Bell/Getty Images hide caption toggle caption I Brandon Bell/Getty Images Stay up to date with our First newsletter, sent every morning of…
Practical Ring Drone Cam: The flying home security camera is almost here
Ring is finally shipping a flying indoor drone camera. For real this time. The Ring Drone Cam will arrive on January 27, 2027 for $249.99, Ring founder Jamie Siminoff said at a launch event in New York this week. If it actually ships, it will arrive…
How GM is trying to convince used car buyers to buy new vehicles
Affordability concerns are pushing some buyers out of the new vehicle market. Many choose used cars instead. In turn, automakers are looking for ways to compete with many online retailers that are grabbing market share in the used car market and trying…
FDA orders vision loss warnings for Ozempic, Wegovy and other GLP-1 drugs
Apothecary Pharma is recalling vials of compounded tirzepatide distributed nationwide due to sterility concerns. Ashley Webster reports on the FDA’s classification of the recall and the North Carolina company’s production practices. The Food…
CPI Inflation Report: October 2026
The costs of goods and services rose more than expected in October, providing new warning signals to the Federal Reserve in its fight to reduce inflation. The consumer price index, a broad gauge of costs in the U.S. economy, rose a seasonally adjusted…