Archer Aviation’s stock price plummeted 14% after announcing an $850 million direct stock offering priced at $10 per share. The fresh capital will support the company’s growth and certification plans, but it also poses a risk of dilution to existing shareholders. The air taxi maker has seen significant growth over the past year, with its … Read more
A rare geomagnetic storm is expected to bring a spectacular display of the northern lights to parts of the United States this weekend, making it visible for sky enthusiasts in states that rarely witness the phenomenon. The storm, triggered by a solar wind disturbance, will cause the aurora oval to shift southwards, potentially bringing the … Read more
Advanced Micro Devices Inc. (AMD) has introduced its new Instinct MI350 Series accelerators, designed to boost the company’s artificial intelligence capabilities and compete with Nvidia Corp. The launch comes as AMD struggles to gain ground in the rapidly growing market for AI hardware. The Instinct MI350X and MI355X graphics processing units (GPUs) were showcased at … Read more
A recent leak on the International Space Station (ISS) has prompted concerns among NASA officials and engineers. The agency has delayed one crew launch due to the issue, but is being tight-lipped about the situation. The ISS, which launched in 1998, features an aluminum structure prone to leaks. Since 2019, a slow leak has been … Read more
The Nintendo Switch 2 has finally arrived in the US, with several retailers offering it both online and in-store. However, due to high demand, inventory is scarce, and restocking efforts have been limited. To snag a Switch 2, head to Best Buy’s retail locations or Walmart’s website (although the console itself is out of stock), … Read more
US President Donald Trump’s expanded steel tariffs will apply to a range of imported household appliances, including dishwashers, washing machines, and refrigerators. The tariffs, currently at 50%, will take effect on June 23 for “steel derivative products” that include these items. The move is the second round of expansion since Trump initially raised tariffs on … Read more
Archer Aviation Inc. has raised an additional $850 million following the White House’s announcement of an Executive Order by President Trump to implement an eVTOL (electric vertical takeoff and landing) Integration Pilot Program in the US. The program aims to accelerate the deployment of eVTOL aircraft in the country, and Archer plans to collaborate closely … Read more
The discovery of small polycyclic aromatic hydrocarbons (PAHs) in interstellar clouds is a breakthrough that could revolutionize our understanding of these molecules in space. The James Webb Space Telescope’s unprecedented sensitivity has revealed the presence of PAHs, with data suggesting up to 20% of Galactic carbon is present as PAHs. However, previous discoveries have raised … Read more
A deadly fungus, Aspergillus, is on the rise due to climate change, threatening humanity’s health and food supplies. Scientists at Manchester University are warning about this killer fungus that can cause a deadly lung disease called aspergillosis, with survival rates ranging from 20% to 40%. As global temperatures increase, certain species of Aspergillus are spreading … Read more
Caitlin Clark and Sophie Cunningham are expected to play for the Indiana Fever in Saturday’s game against the New York Liberty, coach Stephanie White said Friday after practice in Indianapolis. Clark has been out since May 26 with a quad strain, while Cunningham missed the team’s first two games due to an ankle injury. Clark … Read more