Overview

• BigBear.ai shares rose about 15.8% intraday and were on track for a 10th straight daily gain, according to midday trading data.
• The company said it will support the U.S. Navy during UNITAS, a multinational maritime exercise, by deploying AI solutions for operational coordination and threat detection.
• BigBear.ai plans to showcase ConductorOS, described as integrating AI, data, and sensor orchestration to help deploy, train, and update models in challenging environments.
• BlackRock’s macro chief affirmed the firm’s AI focus, and media reports say BlackRock bought into BigBear.ai and Serve Robotics.
• The Federal Reserve’s quarter-point rate cut last week is cited in coverage as a tailwind for growth-oriented tech and AI stocks.