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Between rising operational costs and later the jet fuel price spike over the Iran war, a number of small and mid-size airlines have had to shut down operations in the first half of 2026.Along with the most high-profile case of Spirit Airlines, other names include Mexican holiday carrier Magnicharters, British cargo carrier European Cargo and Swiss regional airline Air Mountain. Jetflite, a Finnish charter carrier that launched out of Helsinki in 1980, also began the winding-down process back in May before definitively canceling all of its charter flights and fixed-base operator services for the rest of 2026.Hibernian Airlines and Strategic Alliance of Regional Alliance to be dissolvedIrish regional carrier Hibernian Airlines initially shut down operations at the end of 2024 after Spanish parent company Air Nostrum chose to consolidate the brand into the wider Strategic Alliance of Regional Airlines (SARA) holding company.As first reported by Swiss aviation outlet ch-aviation, the uncertain status of an airline that some hoped to see revived has now been shot down for good as Air Nostrum made the decision to dissolve both the holding company and airline.Related: Another bankrupt airline shuts down and cancels all flightsHibernian Airlines was initially founded in 2017 out of Dublin International Airport (DUB) as a both a charter airline and aircraft, crew, maintenance and insurance provider. Air Nostrum’s choice to transfer all of Hibernian’s fleet to sister airline ultimately made two charter carriers operating from the island of Ireland redundant and two years of discussions about its future ultimately led to the decision to dissolve.

Hibernian Airlines was founded out of Dublin in 2017.Shutterstock

What is happening with Air Nostrum, CityJet and Hibernian Airlines in 2026Air Nostrum has not yet confirmed the reporting around the dissolution. The Spanish charter airline has in recent months expanded its network to domestic Spanish destinations like the Balearic Islands and the Canary Islands.CityJet, meanwhile, has exited restructuring in 2025 through a €40 million rescue package approved by the Irish High Court through a rescue deal that gave Danish investor Lars Thuesen a 92% stake in the airline (while the airline was thus saved from a looming liquidation, many criticized the deal as a “hostile takeover”).More Travel News:Airline to launch unusual new flight to Cayman Islands from the U.S.There is a very cool Irish version of swimming pigs in the BahamasUnexpected country is most luxurious travel destination for 2026Low-cost airline launches easier way to get to Sri LankaAs of 2026, CityJet continues to run flights to smaller regional destinations on behalf of larger carriers like SAS, Air France and Brussels Airlines as well as short routes between Dublin and London.Airlines that shut down in 2026:Spirit Airlines: The largest airline shutdown of the year occurred when Spirit Airlines canceled all remaining flights on May 2. Although the airline had filed for Chapter 11 protection twice before, the skyrocketing price of jet fuel dealt the final blow to its operations.Magnicharters: The Mexican low-cost airline canceled all of its flights until May 2026 in a shutdown that left thousands stranded.Starflite Aviation: Houston-based Starflite Aviation had its AOC license revoked in March 2026, amid FAA claims that owners falsified pilot training records to bypass safety audits.AlpAvia: Slovenian charter airline AlpAvia also shut down in March 2026 over financial problems.H-Bird: Charter airline H-Bird was declared bankrupt by a Swedish judge after losing its operating license at the end of 2025.Related: Another low-cost airline files for Chapter 11 bankruptcy

“This has more to do with the technology they grew up with rather than a sign of respect.”

Broadcom (AVGO) just landed a customer that most investors will never think about when they buy the stock.Broadcom is currently known for one thing: custom AI chips. Yet the deal that could matter most for the next few years has nothing to do with silicon.On July 16, 2026, Broadcom and Standard Chartered announced a long-term agreement to run the bank’s global infrastructure on VMware Cloud Foundation. The platform now supports core banking, payments, and digital services across 54 markets.For a stock whose price mostly tracks AI headlines, that is a different kind of win, and it deserves a closer look.What the Standard Chartered deal locks in for BroadcomStandard Chartered did not sign up for a trial.The bank has already moved 70% of its global infrastructure onto Broadcom’s platform, according to Broadcom.That number tells you most of what you need to know.Once a bank runs its core payments and banking systems on one platform, switching away gets expensive and risky. Few banks want that headache, so they stay put.That is why this kind of revenue tends to stick around for years.More AI and Chip Stocks:Morgan Stanley says Broadcom bears are wrong about Google TPUBroadcom gets $30 billion Apple boost as valuation debate growsJPMorgan names 2 Strong Buy picks for the rest of 2026The software also builds security directly into the system and cuts setup time from weeks to a single day, Broadcom said. For a bank, that speed sells itself. For Broadcom, it is one more reason the customer won’t leave.There is also still room to grow. The remaining 30% of the bank’s infrastructure is still up for grabs, and every new workload deepens the relationship.

A new Standard Chartered agreement puts Broadcom’s VMware software at the center of a global bank’s operations.Bloomberg / Getty Images

Why this validates Broadcom’s controversial VMware strategyTo understand why the deal matters, you have to go back to late 2023.According to CIODIVE, Broadcom closed its $61 billion VMware acquisition in November 2023, then quickly ended perpetual licenses in favor of pricier, bundled subscriptions.Perpetual licenses let customers pay once and own the software. Subscriptions force recurring payments, which is better for Broadcom, but far more expensive for customers.The change was not popular.European cloud providers pushed back hard, and the European Commission opened an antitrust review into VMware’s pricing and licensing terms, Yahoo Finance reported. Some enterprises reported renewal costs jumping several times over. So when a tier-1 global bank willingly commits to that same model, it sends a message. It tells other cautious enterprises that the price is worth paying for the reliability, and it gives Broadcom a template to sell the next conservative buyer.That is the real value here. Standard Chartered is a reference customer other banks will notice.How steady software revenue offsets Broadcom’s AI swingsBroadcom’s AI business is booming, and that is exactly why this deal is useful.According to Broadcom’s second-quarter earnings release, revenue reached a record $22.19 billion, up 48% from last year, with AI chip sales climbing 143% to $10.8 billion.Those are enormous numbers. They are also tied to a handful of massive customers and to a chip market that has always moved in cycles.Related: Morgan Stanley: Broadcom bears are wrong about Google TPUSoftware works differently. Enterprise contracts like this one bill steadily, month after month, regardless of whether hyperscalers are in a spending boom or a pause.Here is why that balance matters for shareholders:Chip revenue is lumpy. It surges when hyperscalers build and cools when they digest.Software revenue is recurring. Subscription billings arrive on a predictable schedule.Cash flow benefits either way. Broadcom generated about $32.8 billion in free cash flow over the trailing twelve months ended in April 2026, GuruFocus shows.That cash pays the dividend and chips away at debt. Steadier software billings help keep the money coming in even when chip demand slows.How AVGO stock has performed latelyThe deal arrives during a rough period for AVGO, which matters for anyone deciding whether to buy the news.Broadcom closed at $370.82 on July 17, Investing.com noted. That’s up about 6.7% since the start of the year but down 5.6% over the prior five trading days. The stock now sits well below its 52-week high of $495.Here is how AVGO stacks up across a few timeframes:AVGO recent price snapshot (as of July 17, 2026)Year to date: up about 6.7%, or roughly $23 a share.Past five days: down about 5.6%, or roughly $22 a share.52-week range: a low near $273 and a high near $495.Valuation: a market cap of about $1.76 trillion and a price-to-earnings ratio near 62, per the same market data.That drop followed a strong quarter that still disappointed some investors because Broadcom did not raise its full-year AI target, CNBC reported.The Standard Chartered deal will not reverse that on its own. But, it does add a data point that has nothing to do with the AI debate driving the stock’s volatility.What still has to happen before this deal moves the needleA single bank contract does not change Broadcom’s story overnight, and it would be a mistake to treat it that way.The software segment brought in $7.2 billion last quarter, up 9% compared to last year. That is meaningful, but it is dwarfed by the AI chip line that investors actually trade on.For the deal to matter to the share price, a few things need to follow:Broadcom converts Standard Chartered into more tier-1 banking wins.The remaining 30% of the bank’s footprint migrates on schedule.The EU antitrust review resolves without forcing changes to VMware pricing.That last point is the real risk. If regulators force Broadcom to soften its subscription terms, the recurring revenue that makes deals like this attractive could get less lucrative.What this means if you are weighing Broadcom stockFor readers deciding what to do with AVGO, the takeaway is simple.This deal does not fix the near-term concerns weighing on the stock, including the questions about how much of Google’s chip work Broadcom keeps. Those debates will keep driving the price in the short run.What the Standard Chartered deal does is strengthen the part of the business most investors ignore.If you own Broadcom mainly for the AI trade, think of the software wins as a cushion, not a reason to buy. They soften the blow when chip demand cools, but they won’t carry the stock on their own.If steady, recurring revenue is what attracts you to Broadcom, watch what happens next. Does Standard Chartered turn into the first of many bank deals, or does it stay a one-off? The answer to that determines much about the situation. This isn’t investment advice, and the questions around Broadcom’s AI business are real. But a global bank betting its core operations on Broadcom’s software is worth noting, even on a week when the stock says otherwise.Related: Broadcom extends Apple chip deal through 2031

Claude Fabel 5 disproved the Jacobian conjecture over the weekend, landing days after the capabilities of China’s Kimi AI became the biggest force moving bitcoin markets.

The bounty of used tennis string is getting recycled by LET and turned into performance tennis apparel and a new partnership with the Winston-Salem Open highlights it

Presented by Atlassian Most companies are approaching AI adoption backwards by optimizing how individuals use AI instead of how teams work together, said Dr. Molly Sands, head of the Teamwork Lab at Atlassian, during a fireside chat with VentureBeat senior technology contributor Sam Witteveen at VB Transform 2026.Sands leads a team of behavioral scientists and psychologists who study how AI is reshaping the way people work together, using those findings to help organizations redesign how work gets done.”We don’t just study it, we also actively go in and change it,” she explained. Her teams teach new ways of working and remap how work flows across companies, a challenge that many organizations are still struggling with, she said.Why AI speed isn’t translating into ROIAtlassian’s annual State of Teams Report, which this year surveyed 12,000 global knowledge workers and interviewed roughly 200 Fortune 1000 executives, found a significant disconnect between activity and value, showing that everyone is using AI, while very few can yet locate where it pays off.”89% of those executives told us that individuals are speeding up in their companies, and only 6% of them said they could point to specific examples of clear ROI,” Sands said.But roughly 14% of teams had translated AI usage into real value — meaning a single organization could contain a handful of high-performing teams surrounded by others seeing no return at all.Those leading teams shared three characteristics: context, workflows and culture. The teams pulling ahead were building what Atlassian calls a context graph by capturing goals, decisions, and organizational knowledge in shared digital records rather than leaving them in individual memory. Across products such as Jira and Confluence, the graph connects work items, goals and the people doing them, giving AI access to the organizational context it needs.On workflows, the winning teams redesigned entire end-to-end processes rather than simply accelerating isolated tasks. Otherwise, speeding up individuals who are pointed in slightly different directions only causes them to “very quickly start to crash into each other,” as Sands puts it. On culture, the fastest-moving teams worked under leaders who explicitly encouraged learning and experimentation, while making it clear that some experiments would fail.How leaders can move AI from individual hack to team advantageExperimentation and constraints are the fastest route to learning, Sands said. The teams seeing the biggest gains were deliberately imposing constraints on how they worked, from breaking every task into the smallest practical unit of work (a single story point) to committing to write no code by hand for a week.”Most of it is not sustainable to do forever, but it is a really, really fast way to learn,” she said.Sands argued that another obstacle isn’t the technology itself but the fact that employees are figuring out AI on their own. Every worker develops different prompts, agents and assumptions, creating another layer of unspoken knowledge inside teams that rarely translates into organizational performance.To counter that, Atlassian experimented with AI working agreements at the start of projects, asking teams to decide not only what they would use AI for, but what they would deliberately avoid using it for, which agents they would share and what common skills would keep everyone working from the same context. Teams that adopted the practice used AI more, moved faster, made better decisions and ultimately produced higher-quality work.The broader lesson, Sands said, is that AI isn’t creating entirely new management problems so much as exposing old ones. Teams have always struggled with hidden assumptions and different mental models of their work. AI simply makes those gaps more consequential, increasing the importance of shared context and explicit ways of working.Sponsored articles are content produced by a company that is either paying for the post or has a business relationship with VentureBeat, and they’re always clearly marked. For more information, contact sales@venturebeat.com.

The crypto financial services firm is funding developers to strengthen the blockchain’s security before quantum computers become powerful enough to steal billions in crypto.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealSpending time outdoors with loved ones doesn’t have to involve planning elaborate backyard activities or projects. Having a place to enjoy a cup of coffee with your partner, relax and chat with your family in the evenings, or enjoy food with friends during a barbecue offers a place to hang out without having to plan anything. Having reliable and easy seating for a variety of people can help make get-togethers easy, allowing you to focus on having fun instead of stressing about accommodations. The Amopatio 7-Piece Furniture Set offers a good amount of seating without the huge price tag. Originally $700, shoppers can get this 5-seat wicker set for just $320, which offers a flexible seating arrangement with a space-saving nesting design that creates a more compact footprint when not in use. Amopatio 7-Piece Furniture Set, $320 (was $700) at Amazon

Courtesy of Amazon

Shop at AmazonWhy do shoppers love it?The complete set includes two chairs, one love seat, two ottomans, a rectangular coffee table, and cushions for all the seating, providing seating for a variety of activities. The loveseat features hidden storage areas that allow the ottomans or chairs to be pushed underneath for easy storage, and the ottomans can double as both seating or foot rests. The brown wicker design with the tan cushions matches a variety of outdoor designs. The coffee table measures 24.4 inches wide, 24.4 inches long, and 13.6 inches tall, while the chairs measure 23.3 inches long, and the loveseat measures 54.1 inches long. The two seats don’t have armrests, so they can also be pushed together as a love seat or kept separately and used around the porch.Related: Target’s highly rated 3-piece patio rocking chair set that comes in 3 colors is now just $130The set looks polished and put together without being over the top, while remaining durable and easy to care for. The furniture is supported by a powder-coated steel frame that provides stability and resists rust during long-term outdoor use. The frame is wrapped in a polyurethane rattan design that can stand up to sun, rain, and everyday wear. It resists fading, cracking, and ultraviolet damage to provide dependable and easy outdoor seating. Each seat supports up to 220 pounds, and features weather-resistant cushions with breathable fabric and high-resilience foam that’s comfortable and supportive. The cushions are made to maintain their shape over time instead of flattening out, and feature removable covers that can be wiped down or machine washed. The pros and cons of this dealProsMaterial: The steel frame and wicker design offer a durable and nice-looking option. Removable cushion covers: The cushions feature a removable cover that can be machine washed. Flexibility: This set offers multiple setups to make any gathering more comfortable. Cons Colors: While there are many colors offered, the tan is the only color for this sale price.Storing cushions: While the set is weather-resistant, storing cushions in the garage or shed will help them last a lot longer and prevent mold buildup, which can occur more easily in humid places. “We absolutely love this patio furniture set,” said one shopper. “It is incredibly comfortable, and the colors of the cushions add so much life and personality to our outdoor space. The materials feel strong, sturdy, and durable, which gives us confidence that it will last for years.”Another buyer said, “The set is beautiful and comfy. It was a great addition to our backyard.”Shop more dealsMaison Backyards 3-Piece Patio Set, $56 (was $66) at AmazonAoxun 7-Piece Patio Sofa Set, $396 (was $440) at AmazonJocoevol 4-Piece Lounging Sofa Set, $194 (was $216) at AmazonThe Amopatio 7-Piece Furniture Set is versatile, easy to reconfigure, and offers seating space for up to six people. The weather-resistant design is easy to maintain, and the cushions can easily be cleaned off during pollen season. This large set is 54% off at Amazon right now, saving shoppers $380. 

A blockade is aimed at a foreign capital. The bill tends to arrive somewhere closer to home.That is the part of trade policy nobody puts in the press release, and it has been the quiet subtext of four years of American chip rules.Advanced semiconductors made a near-perfect target. They are physical, expensive and manufactured inside a handful of buildings on this planet, which makes them the closest thing the technology industry has to a chokepoint. Washington squeezed it, and U.S. export restrictions have erased Nvidia’s (NVDA) direct market share in China, chief executive Jensen Huang has said.Then in June the same machinery reached past the hardware. The Commerce Department ordered Anthropic to cut off its two newest Claude models for every foreign national on earth, including the company’s own non-citizen employees, and both went dark worldwide inside 90 minutes, according to Forbes.Software had moved inside the export control perimeter.Now the perimeter is stretching again, and this time it points at code that is free. The Trump administration is weighing a move that could effectively ban cutting-edge Chinese AI models, a step that would hand American companies like Anthropic and OpenAI enormous influence over the market, according to NewsNation.

The companies most exposed to a Chinese AI ban are not in China.Weiquan Lin / Getty Images

Why American companies switched to Chinese AI modelsThe pressure behind that decision never came from Beijing. It came from procurement departments.Chinese open-weight models are cheaper and, since Moonshot AI released Kimi K3 last week, close enough in quality that the trade-off has stopped being obvious, according to Axios.More Artificial Intelligence:Nebius lands $1 billion Al deal as major risk looms.IBM’s historic crash exposes Al spending trapNetflix quietly reveals what Al did to 300 of its programsSome firms moved a while ago. Lindy chief executive Flo Crivello shifted 100% of his startup’s traffic to DeepSeek and watched the cost curve “crash to the ground,” he told CNBC.That is the constituency a ban would land on. Not Moonshot, which publishes Kimi K3’s full weights on July 27 whatever Washington decides, according to Tom’s Hardware.What a Chinese AI ban would actually look likeWhat struck me reading the reporting is how rarely the word ban appears in it. Commerce considered adding multiple Chinese AI labs to its Entity List last year, a step that would cut off U.S. access without a license, a source close to the administration told Axios.The National Security Agency and the White House Office of the National Cyber Director weighed an advisory steering American firms away from Chinese AI labs, and the White House considered an order making U.S. companies liable for breaches if they hosted Chinese models, according to Axios.Related: Intel and Google deepen AI ties for chip designOfficials who did not want regulation slowing domestic innovation killed all of it. Then the staff turned over, the national security hawks got louder, and Kimi K3 landed.”What’s actually happening is slower and more durable,” one source familiar with the discussions told Axios, describing procurement rules, Entity List threats and pressure campaigns aimed at the American companies doing the buying.How the AI fight with China escalated in eight weeksWhen I lined the dates up, the compression was the part that stopped me. Eight weeks separates a voluntary framework from a possible blacklist.June 2: an executive order set up voluntary federal pre-release testing of frontier models and explicitly barred any mandatory licensing regime, according to CNBC.June 12: Commerce ordered Anthropic to suspend Claude Fable 5 and Mythos 5 for all foreign nationals, and the company pulled both worldwide, according to The Conversation.June 30: Commerce lifted the controls, and both models were back on July 1, according to CNBC.July 16: Kimi K3 debuted at No. 1 on the Frontend Code Arena, beating Anthropic’s Fable 5 and OpenAI’s GPT-5.6 Sol in blind coding tests, according to Axios.July 20: administration officials revived Entity List proposals aimed at Chinese AI labs, according to Axios.Who gains if Chinese AI models get blockedHere is the part worth sitting with. The two companies best positioned to benefit are Anthropic and OpenAI, according to Axios, and one of them spent most of June with its flagship models switched off by the same government.The leading closed labs “want the government to eliminate their open-source competition,” White House AI adviser David Sacks wrote on X. Sacks and former White House adviser Sriram Krishnan both argue the move would hand a monopoly to the two largest U.S. labs, according to Tom’s Hardware.The counterargument runs on national security rather than market structure. American children should not live under “the algorithms of the adversaries,” President Donald Trump said at an AI summit last year, according to NewsNation.Both things can be true. A model built under Beijing’s jurisdiction carries governance questions no price list resolves, and blocking it still moves market share to two American firms rather than to American users.Where the AI trade goes from hereChip investors read the news as a threat to pricing power rather than a compliment to demand. Nvidia finished Friday, July 17, at $202.81 with a market value near $4.9 trillion, according to StockAnalysis.com, and Apple (AAPL) briefly grabbed the title of most valuable company in the world that same morning, TheStreet noted. That reflex may have the layers backward. Kimi K3 could be “net positive for essentially every other company” while compressing the roughly 90% inference margins the leading labs enjoy, said Gavin Baker, chief investment officer at Atreides Management, according to Benzinga.Cheaper models mean more inference, and inference still runs on somebody’s silicon. The repricing risk sits one layer up, with the American software firms whose margins now assume access to a cheap Chinese model they may not be allowed to keep using.Two dates decide how much of this reaches a portfolio. Moonshot publishes the K3 weights on July 27. Nvidia reports earnings on Aug. 26.Between them sits a question four years of export controls never had to answer. What exactly does a blockade accomplish against something anyone can already download?Related: AMD’s hidden AI weapon may finally be exposed

Software stocks and loans have started to find their footing in July, suggesting it may be time for investors to forgive and forget.