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Ericsson reports disciplined Q2 growth amid rising component costs

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Ericsson reports disciplined Q2 growth amid rising component costs

Ericsson posted an adjusted gross margin of 48.4% for the second quarter of 2026, signaling resilience despite a 1% dip in organic sales. While the company returned 8.2 billion SEK to shareholders, CEO Börje Ekholm signaled an upcoming period of cost management to counter rising inflation in network components.

Money Talk·Jul 14
Waton Financial Bets on Multi-Agent AI to Disrupt Wealth Management

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Waton Financial Bets on Multi-Agent AI to Disrupt Wealth Management

The traditional financial advisory model, often costing investors 1.2% in annual fees, faces a challenge from Waton Financial's upcoming platform, MoTA. By deploying teams of specialized AI agents rather than human advisors, the Nasdaq-listed firm aims to democratize institutional-grade portfolio intelligence for retail investors.

Money Talk·Jul 14
Robo.ai Installs Regional Leadership Team to Scale Neurovia AI

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Robo.ai Installs Regional Leadership Team to Scale Neurovia AI

Robo.ai has completed the formation of a local UAE executive team for its subsidiary, Neurovia AI, appointing Khalifa Mohammed Alshehhi as CEO, Ziad Shaltuni as Chief Growth Officer, and Ahmed Alhashmi as Chief Marketing Officer to drive the commercial expansion of its NeuroStream visual data platform.

Money Talk·Jul 14
Robo.ai Installs Regional Leadership Team to Scale Neurovia AI

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Robo.ai Installs Regional Leadership Team to Scale Neurovia AI

Robo.ai has finalized the executive suite for its subsidiary Neurovia AI, appointing a trio of industry veterans to steer the visual data processing firm toward large-scale commercial deployment across the Gulf. The moves follow a period of intense technical validation for the company’s flagship NeuroStream platform in regional government sectors.

Money Talk·Jul 14
Blank Rome Faces Investigation Following Massive Data Exposure

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Blank Rome Faces Investigation Following Massive Data Exposure

A sophisticated social engineering attack against a Philadelphia-based law firm has compromised the sensitive personal records of 57,554 individuals. The breach, which occurred in late May 2026, has triggered a formal investigation by Schubert Jonckheer & Kolbe LLP into potential lapses in cybersecurity and notification protocols.

Money Talk·Jul 14
Ericsson Navigates Market Shifts with Margin Resilience in Q2 2026

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Ericsson Navigates Market Shifts with Margin Resilience in Q2 2026

Ericsson reported second-quarter sales of SEK 52.7 billion, a slight organic dip of 1% primarily driven by the absence of prior-year licensing gains. Despite the revenue contraction, the company maintained an adjusted gross margin of 48.4%, underscoring a strategy of disciplined operational execution amidst ongoing currency headwinds.

Money Talk·Jul 14
Aker Solutions Targets 55 Billion NOK Revenue After Solid Half-Year

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Aker Solutions Targets 55 Billion NOK Revenue After Solid Half-Year

Aker Solutions reported a robust performance for the first half of 2026, reaching 26.5 billion NOK in revenue and securing a substantial 77.2 billion NOK order backlog. CEO Kjetel Digre attributed the company's stability to hitting key project milestones and ongoing efficiency improvements across its global portfolio.

Money Talk·Jul 14
Bipartisan Commission Aims to Overhaul U.S. Foreign Aid

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Bipartisan Commission Aims to Overhaul U.S. Foreign Aid

One year after the closure of USAID sparked the largest decline in global development spending on record, a new bipartisan commission is launching to draft a blueprint for the future of American foreign assistance. The ten-member body seeks to bridge deep political divides to restore aid as a pillar of national security.

Money Talk·Jul 14
Cambridge Mobile Telematics Faces Investigation Over Alleged Data Breach

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Cambridge Mobile Telematics Faces Investigation Over Alleged Data Breach

A potential security failure at Cambridge Mobile Telematics has triggered a formal investigation by the law firm Schubert Jonckheer & Kolbe. The inquiry follows reports that the ransomware group CoinbaseCartel compromised sensitive driver and insurance data, yet the company has remained silent regarding the alleged theft of private user information.

Money Talk·Jul 14
XRP Healthcare Lists XRPHAI Token on BitMart Exchange

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XRP Healthcare Lists XRPHAI Token on BitMart Exchange

XRP Healthcare, the first AI-driven platform built on the XRP Ledger, launched trading for its XRPHAI utility token on the BitMart exchange on July 14, 2026. The move aims to broaden global access to the firm's ecosystem, which integrates blockchain rewards with AI-powered health monitoring and personalized advisor tools.

Money Talk·Jul 14
Jixi Positions Itself as Heilongjiang’s New Tourism Hub

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Jixi Positions Itself as Heilongjiang’s New Tourism Hub

Jixi City hosted a major cultural and tourism promotion conference on July 8, marking a strategic pivot for the northeast Chinese region. The event, part of the 8th Heilongjiang Provincial Tourism Industry Development Conference, showcased a blend of ancient Sushen civilization, border landscapes, and the city’s industrial mining heritage.

Money Talk·Jul 14
Binance Hits Nine-Year Milestone With 323 Million Users

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Binance Hits Nine-Year Milestone With 323 Million Users

Nine years after its 2017 launch, Binance now serves 323 million registered users, capturing roughly 43% of the global cryptocurrency holder base. The exchange, which has processed $156 trillion in lifetime trading volume, is now pivoting from a crypto-native platform into a broader financial super app.

PointsKash Acquires ChainBytes Assets in Strategic Acqui-hire

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PointsKash Acquires ChainBytes Assets in Strategic Acqui-hire

Scottsdale-based fintech firm PointsKash has finalized the acquisition of proprietary software assets from ChainBytes, an all-stock transaction closed on July 10, 2026. The move serves as an acqui-hire, bringing ChainBytes founder Eric Grill into the company to bolster an engineering team focused on AI-driven financial infrastructure.

Money Talk·Jul 14
Data Center Robotics Market Projected to Reach $113 Billion by 2035

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Data Center Robotics Market Projected to Reach $113 Billion by 2035

The global data center robotics market is poised for a decade of rapid expansion, with valuations expected to surge from $15.4 billion in 2025 to $113.4 billion by 2035. This projected 22.18% annual growth rate reflects a fundamental shift toward automation as hyperscale facilities struggle with labor constraints and increasing complexity.

FDA Approves At-Home Subcutaneous Injection for Early Alzheimer’s

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FDA Approves At-Home Subcutaneous Injection for Early Alzheimer’s

The U.S. Food and Drug Administration has cleared Leqembi Iqlik for the initiation of Alzheimer's treatment, marking a shift toward at-home care. The subcutaneous autoinjector allows patients to begin therapy outside clinical settings, providing a weekly alternative to traditional intravenous infusions for those in early stages of the disease.

Money Talk·Jul 14
FDA Clears At-Home Leqembi Injections for Early Alzheimer’s

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FDA Clears At-Home Leqembi Injections for Early Alzheimer’s

The US Food and Drug Administration has authorized Leqembi Iqlik as a subcutaneous starting dose for early Alzheimer’s disease, marking a shift toward at-home treatment. The once-weekly injection, administered via an autoinjector, offers patients a flexible alternative to traditional intravenous infusions starting in late August 2026.

Peptide Tracker Introduces Voluntary Support Model to Avoid Paywalls

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Peptide Tracker Introduces Voluntary Support Model to Avoid Paywalls

Peptide Tracker, an iOS application used for managing peptide protocols and injection schedules, is moving away from traditional subscription models. Instead of gating features behind a paywall, the company has launched a Founding Member program that allows users to contribute any amount they choose to fund ongoing development.

Money Talk·Jul 14
The Trade Desk Integrates 7-Eleven Japan Data for Programmatic Ads

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The Trade Desk Integrates 7-Eleven Japan Data for Programmatic Ads

Advertisers in Japan can now leverage purchase data from 28 million 7-Eleven App members directly within The Trade Desk platform. This integration connects Seven-Eleven Japan’s massive physical footprint—spanning 22,000 stores—to digital channels, enabling brands to execute precise, purchase-based targeting across connected TV, audio, and display advertising.

Money Talk·Jul 14
Quadric Secures $46M Series C to Decentralize AI Infrastructure

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Quadric Secures $46M Series C to Decentralize AI Infrastructure

The International Finance Corporation has spearheaded a $46 million Series C extension for Burlingame-based Quadric, marking the World Bank arm's first foray into AI silicon. The funding, which brings the company’s total raised capital to $90 million, aims to break the hyperscaler monopoly on high-performance AI deployment.

Money Talk·Jul 14

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TOTE Services Secures $2.2 Billion Contract for Medium Landing Ships

TOTE Services has been tapped by the U.S. Navy’s Portfolio Acquisition Executive for Maritime to oversee the construction of a new fleet of Medium Landing Ships. The $2.2 billion deal positions the Jacksonville-based firm as the lead manager for a program intended to bolster the nation’s maritime industrial base.

Money Talk·Jul 14
Inter-Con Security Faces Legal Scrutiny Over Massive Data Breach

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Inter-Con Security Faces Legal Scrutiny Over Massive Data Breach

The cybercriminal syndicate ShinyHunters claims to have compromised the personal records of 2.7 million individuals linked to Inter-Con Security Systems. While the Pasadena-based security firm has yet to publicly acknowledge the breach, the potential exposure of sensitive employee and client data has triggered a formal investigation by law firm Schubert Jonckheer & Kolbe.

Money Talk·Jul 14
Wildwood Surgical Center Reveals Massive Patient Data Breach

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Wildwood Surgical Center Reveals Massive Patient Data Breach

Patients at the Toledo-based Reynolds Road Surgical Center are bracing for the fallout of a significant data breach that exposed sensitive medical and financial records. Unauthorized intruders spent two days inside the facility’s network last summer, accessing files that contained Social Security numbers, diagnostic histories, and payment card details.

Money Talk·Jul 14
Federal Court Rejects Insurance Industry Campaign Against HaloMD

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Federal Court Rejects Insurance Industry Campaign Against HaloMD

A federal judge in Georgia has dismissed a lawsuit filed by Blue Cross Blue Shield against HaloMD, marking the third consecutive legal victory for the provider-services firm. The ruling effectively dismantles insurer claims that high provider success rates in arbitration are evidence of a fraudulent conspiracy.

Money Talk·Jul 14
Law Firm Probes Kering Over Potential Double-Dip on Tariff Refunds

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Law Firm Probes Kering Over Potential Double-Dip on Tariff Refunds

Consumers who purchased luxury goods from brands like Gucci and Balenciaga may be entitled to refunds following a Supreme Court ruling that invalidated specific import tariffs. Edelson Lechtzin LLP is now investigating whether parent company Kering S.A. failed to reimburse customers after allegedly passing those costs onto them.

Money Talk·Jul 14
Corgi Insurance Enters Trucking Market with AI-Driven Platform

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Corgi Insurance Enters Trucking Market with AI-Driven Platform

San Francisco-based Corgi Insurance is pivoting into the trucking sector, aiming to replace stagnant underwriting processes with an AI-native platform. By integrating real-time data and automation, the company intends to resolve long-standing industry pain points, including sluggish claims settlements and opaque, fragmented pricing models for commercial fleets.

Money Talk·Jul 14
Investors Set August Deadline for Embecta Securities Fraud Lawsuit

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Investors Set August Deadline for Embecta Securities Fraud Lawsuit

Investors who purchased Embecta Corp. common stock between November 25, 2025, and May 4, 2026, face an August 17, 2026, deadline to seek lead plaintiff status in a pending class action lawsuit. The litigation targets alleged misrepresentations regarding the company’s fiscal guidance and business stability.

Money Talk·Jul 14
Texas Southern University Drives $1.6 Billion Into Houston Economy

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Texas Southern University Drives $1.6 Billion Into Houston Economy

Texas Southern University generates $1.6 billion in annual economic activity, according to a 2023-2024 impact report. The findings highlight the institution’s role as a regional anchor, supporting 15,676 jobs and providing a significant return on investment for students, who see $6.90 in lifetime earnings for every dollar spent on tuition.

Money Talk·Jul 14