NEWS
Apollo chief economist Torsten Slok says revenue per worker and profit margins are rising for the Mag 7 but flat for the other 493 companies in the S&P 500. He says mainstream companies are starting to treat token spending as a cost center. The AI payoff for industrial companies still has to show up in plants, fleets and utilities.
Found via Gary Marcus on X
More from The Feed
TOOL
Seeed Studio's open 6-axis arm publishes sheet metal and 3D printed parts and a full bill of materials with purchase links. The post cites a 1.5 kg payload, 650 mm reach and under 0.2 mm repeatability, with software for Python, ROS 1 and 2, Isaac Sim and LeRobot.
For automation engineers, robotics trainers and technical schools: a cheap way to learn robot work cells before buying the real thing.
Found via Lukas Ziegler on X
NEWS
Sabic's quarterly net profit rose to $133 million despite lower sales volume. S&P has warned that Gulf petrochemical and fertilizer producers face falling export volumes and higher logistics costs. For Gulf chemical makers the constraint is getting product out by sea.
NEWS
Audi plans to invest about $4 billion in a plant near Macon, Georgia, with capacity for up to 200,000 vehicles a year and about 4,500 jobs. Construction starts in 2027 and production in the early 2030s. That is years of construction, power and skilled-labor demand landing in one region.
Explainer: The Wall Street Journal