AI is killing the summer internship. The entry-level pipeline that built careers is breaking.
Tech internship postings have dropped 30% since 2023. Companies are using AI for the busywork they used to delegate to college students.
Tech internship postings have dropped 30% since 2023. Companies are using AI for the busywork they used to delegate to college students.
The US Space Force awarded SpaceX a $4.16 billion contract on Friday to build satellites that track foreign aircraft and missiles. The programme is called Space-Based Advanced Moving Target Indicator, or SB-AMTI. It is part of the Trump administration’s $185 billion Golden Dome missile defence initiative.
A ground test for a planned June launch for Blue Origin's New Glenn rocket resulted in a fiery explosion at Cape Canaveral Space Force Station in Florida on Thursday night.
It's tech developer conference season. Hot on the heels of Google I/O and just ahead of Apple's WWDC, here comes Microsoft's developer conference, Build. Like virtually all of these events for the past few years, we expect the Windows-maker to focus a lot on AI.
Trump's drone push has investors scrambling for exposure. Shares of Ondas Holdings (ONDAS), Unusual Machines (UMAC), Kratos Defense & Security Solutions (KTOS) and Red Cat Holdings (RCAT) surged after reports that the Pentagon is exploring funding deals with drone manufacturers, but Wall Street sees one stock offering significantly more upside than the rest.
Some of America’s wealthiest couples are collecting more than $100,000 in yearly Social Security benefits, but a new proposal suggests capping that total. Partly due to the Trump administration’s changes, including a bump in benefits, the Social Security trust fund is projected to be depleted in 2032. This may be a way to help extend it.
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or recommendations of Barron’s.
Unusual Machines (UMAC) stock surged 58% intraday on Pentagon talks about direct federal equity stakes in drone makers, while Red Cat Holdings (RCAT) stock rose 34%, AeroVironment (AVAV) stock climbed 17%, and Kratos Defense & Security Solutions (KTOS) stock gained 14%.
Drone stocks caught a powerful bid Thursday after reports said the Trump administration is exploring possible funding deals with a group of companies to expand domestic drone production and bring costs lower. Unusual Machines (UMAC), a drone-parts maker backed by Donald Trump Jr., closed 57% higher at an all-time high.