Budget airline Ryanair attracted more passengers in the past quarter by offering cheaper tickets. However, this growth in travelers was not sufficient to offset the impact of rising fuel prices on the company's earnings.
Based on reporting by nu. Translated and condensed by LocalHeadlines.
SpaceX doubled its quarterly revenue to 14.6 billion dollars, driven by an 830 percent surge in its AI division and continued growth in Starlink subscribers. The company also shifted from a loss to a profit of over 1 billion dollars, though its satellite services remain at the center of international political tensions.
Online bank Revolut has fully restored its services after a major technical failure caused by a power incident at Google Cloud. The outage, which prevented customers from accessing their funds, also affected various other companies and services primarily located in the United Kingdom.
Wikipedia is reporting a significant drop in website traffic following the introduction of AI-powered search summaries, raising concerns about a potential decline in future volunteers and donations. Experts and officials also warn that these AI tools risk spreading misinformation and reducing the reach of reliable sources like official government websites.
Carrefour has lowered its profit forecasts for 2026 and this year due to significant uncertainty caused by widespread rioting in France. The unrest has led to property damage, looting at multiple retail locations, and operational disruptions including shortened store hours and increased security costs.
Albert Heijn is experiencing ongoing product shortages in the aftermath of a recent cyberattack that disrupted its supply chain. Experts warn that the effects of this incident could continue to impact inventory levels for several weeks as distribution networks stabilize.
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