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Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first resultsSpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular questions about Starship's lunar mis...- Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...
- Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
- Traders are getting a new tool to bet on biggest US stocksCME Group will introduce single-stock futures for over fifty major US companies. These contracts offer leveraged exposure without the compl...
- Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which fa...
- Nasdaq tops profit estimates on high-profile listings, robust data revenueIn a remarkable second-quarter performance, Nasdaq outshined analyst profits, driven by robust revenue growth in its capital access platfor...
- US Stock Market: Tesla-SpaceX merger speculation grows after Musk leaves door openSpeculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combining his companies during an earnings...
- Musk leaves door open to Tesla-SpaceX mergerElon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors now believe a combination of these...
- US Stock Market: Exchange operators brace for earnings amid trading boom, regulatory overhangUS exchange operators begin quarterly earnings season this week. Strong trading activity is expected to offset regulatory concerns and comp...
- India's private space industry shoots for the starsPrivate companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of...
- Chinese AI model takes US tech industry by surprise with abilities rivalling Claude, ChatGPTThe newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his doctorate in Pittsburg...
- Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...
- India's space sector takes off as private rocket readies launchIndia has sent spacecraft to Mars and the Moon, put hundreds of satellites into orbit and will in the coming days launch its first privatel...
- Indian spacetech industry shoots for the starsPrivate companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of...
- SpaceX selloff's an ominous sign as lockup expiry loomsSpaceX shares have fallen below their initial public offering price, signaling potential future volatility. Insider restrictions are set to...
- US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costsCitigroup reported strong second-quarter earnings, driven by trading and investment banking revenues. The bank's net income jumped 45%, sur...
- Wall Street banks see AI 'super cycle' set to boost deals, financingInvestment banks have reaped strong fees from AI-related deals, including SK Hynix's $26.5 billion ADR offering and SpaceX's record $86 bil...
- Goldman Sachs profit tops estimates on trading boom, corporate deal spreeGoldman Sachs has reported robust profits for the second quarter, surpassing analysts' predictions. The firm's equities revenue soared to u...
- Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
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