SpaceX shares plunged 14% as investors raised concerns over the company’s aggressive AI spending plans, d ...More

SpaceX shares plunged 14% as investors raised concerns over the company’s aggressive AI spending plans, despite strong quarterly results. The stock decline coincided with reports of a SpaceX rocket part crashing into the Moon after drifting off course for nearly a year. Analysts drew a metaphorical link between the lunar impact and the company’s falling valuation. ...Less

For the first time since its launch, retail investors sold off SpaceX shares, coinciding with a rebound t ...More

For the first time since its launch, retail investors sold off SpaceX shares, coinciding with a rebound towards its IPO price. This change reflects a reevaluation of risk versus reward, prompting some to take profits. Since mid-July, the company's stock has struggled below the IPO threshold, following a series of declines and an overall downturn in SpaceX's market value. ...Less

SpaceX shares rebounded 6% after 900 million shares became eligible to trade following its first post-IPO ...More

SpaceX shares rebounded 6% after 900 million shares became eligible to trade following its first post-IPO lockup expiry, but investors remain cautious over future unlocks and potential volatility. ...Less

Retail investors bought SpaceX shares on Wednesday after a significant price drop. Individual traders pur ...More

Retail investors bought SpaceX shares on Wednesday after a significant price drop. Individual traders purchased over twenty-two million dollars worth of stock. This buying activity followed the company's first earnings report since its public debut. SpaceX shares experienced a notable decline, falling below one hundred ten dollars. The company reported increased AI revenue and new cloud agreements. ...Less

SpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-o ...More

SpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the April–June quarter, driven by robust growth in its Starlink and AI businesses. Despite the strong earnings, the stock fell in after-hours trading as investors reacted to a sharp rise in capital expenditure and concerns over upcoming IPO lock-up expirations. ...Less

SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by th ...More

SpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI initiatives. Despite this surge, the firm faced a net loss due to significant capital allocated towards infrastructure and future projects. After a strong IPO, its stock is now under scrutiny, especially with the impending lock-up expiration. ...Less

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares chang ...More

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled the number of publicly tradable shares by unlocking about 911.5 million additional shares (on top of the roughly 639 million already in the public float). ...Less

SpaceX shares reclaimed their IPO price after a three-session rally, recovering sharply from recent lows. ...More

SpaceX shares reclaimed their IPO price after a three-session rally, recovering sharply from recent lows. The stock’s outlook is being supported by bullish expectations around Starlink, orbital AI infrastructure and Starship, while strong revenue growth and short interest could add to the recovery. However, recent volatility highlights the risks surrounding the company’s ambitious growth plans. ...Less

SpaceX is increasingly reserving rocket space for its own Starlink satellites. This trend is crowding out ...More

SpaceX is increasingly reserving rocket space for its own Starlink satellites. This trend is crowding out rival space companies that rely on SpaceX launches. Many spacecraft companies face booked Falcon 9 rockets until 2028 or 2029. SpaceX's new Starship rocket is designed for reusability and lower costs. This shift impacts the availability and cost of space access for external customers. ...Less

SpaceX's investors are gearing up to challenge Elon Musk about the company's trajectory and financial sta ...More

SpaceX's investors are gearing up to challenge Elon Musk about the company's trajectory and financial stability as stock prices have plummeted since June's highs. Anticipated insider share sales could amplify trading fluctuations. Investors are particularly interested in Musk's insights on the Starship rocket launch tests and satellite network developments, especially given that SpaceX is grappling with serious financial losses. ...Less

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could chal ...More

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time. Investors are watching closely as SpaceX pursues ambitious expansion in connectivity services. ...Less

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns rega ...More

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock saw a significant drop. Despite this, AI revenue surged over threefold, and new cloud agreements were announced. The capital invested in AI is still high, promising returns in under a year. ...Less

SpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands ...More

SpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Analysts predict notable advancements in both the Starlink and AI sectors. Furthermore, the development of Starship will play a vital role in shaping the company's future. Investors are looking for detailed updates on AI self-funding and orbital compute strategies amidst concerns regarding the expiration of insider share lock-up. ...Less

SpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal r ...More

SpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space initiatives. Analysts predict notable advancements in Starlink and AI ventures for the April-June quarter. A key area of interest for investors is SpaceX's sizable investments in AI technology, while Starship's development is integral to the company's future aspirations and investor confidence. ...Less

The SEC has brought settled fraud charges against Adit Ventures Management, its founder Eric Munson and t ...More

The SEC has brought settled fraud charges against Adit Ventures Management, its founder Eric Munson and three partners over alleged misconduct involving pre-IPO investments in companies including Klarna and SpaceX. The case highlights growing scrutiny of private-market investment structures and concerns over transparency, conflicts of interest and investor exposure to high-profile private companies. ...Less

Speaking to investors, Musk said the company’s internal financial projections had shifted from reaching t ...More

Speaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, adding there was “a non-zero chance” it could happen as early as 2029. ...Less

A 3,900-kg SpaceX Falcon 9 rocket stage is set to slam into the Moon at around 2.43 km/s on August 5, cre ...More

A 3,900-kg SpaceX Falcon 9 rocket stage is set to slam into the Moon at around 2.43 km/s on August 5, creating a rare lunar impact that astronomers hope to capture. Here’s the exact impact time, where people in the US and Canada may be able to watch, and what the collision could look like. ...Less

A SpaceX rocket has crashed on the Moon's surface. This event adds to the growing collection of human-mad ...More

A SpaceX rocket has crashed on the Moon's surface. This event adds to the growing collection of human-made debris on the lunar landscape. Decades of missions have left behind equipment and discarded rocket stages from various space programs. Recent years have seen an increase in unintended crashes from lunar exploration missions. Managing space debris is becoming a significant challenge for future lunar endeavors. ...Less

A SpaceX rocket stage is set to impact the moon early Wednesday morning. This four-metric-ton object is t ...More

A SpaceX rocket stage is set to impact the moon early Wednesday morning. This four-metric-ton object is traveling at high speed toward the lunar surface. Cosmic forces and solar activity have nudged the debris onto this unexpected trajectory. While the impact is unintentional, it highlights concerns about space junk disposal. NASA and SpaceX are discussing methods to prevent similar future lunar collisions. ...Less

A discarded second stage of a SpaceX Falcon 9 rocket was expected to crash into the Moon early Wednesday ...More

A discarded second stage of a SpaceX Falcon 9 rocket was expected to crash into the Moon early Wednesday after drifting in space since a January 2025 lunar mission. The 4-tonne rocket body, travelling at about 8,690 kmph, was projected to strike the Moon's Einstein Crater, though confirmation of the impact was expected only after scientists analysed telescope images. ...Less

NASA has completed crucial wind tunnel tests on SpaceX's Super Heavy V3 booster. These tests provide vita ...More

NASA has completed crucial wind tunnel tests on SpaceX's Super Heavy V3 booster. These tests provide vital aerodynamic data for future lunar exploration missions. The Super Heavy booster is a key component for SpaceX's Starship launch system. NASA selected Starship as the Human Landing System for the Artemis program. Preparations for Artemis III, which includes lunar landing demonstrations, are advancing. ...Less

A 4-ton SpaceX Falcon 9 rocket stage drifting through space since 2025 was expected to crash into the Moo ...More

A 4-ton SpaceX Falcon 9 rocket stage drifting through space since 2025 was expected to crash into the Moon at 5,400 mph, raising fresh questions about lunar space junk. The school-bus-size rocket stage was expected to slam into the Moon's western limb, potentially kicking up a plume of lunar dust. ...Less

SpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular qu ...More

SpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular questions about Starship's lunar mission and mascot. Investors also inquired about orbital refueling and rocket aesthetics. While business outlook questions were less popular, AI data centers were discussed. Musk's long-term vision for abundance prompted investor queries about share value. ...Less

Major Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines ...More

Major Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These companies' forecasts failed to impress investors, causing their stock prices to fall. The Dow Jones Industrial Average rose 180 points at the open. The S&P 500 and Nasdaq Composite also saw gains. ...Less

Tesla's China operations present a major hurdle for any potential SpaceX merger. Analysts highlight techn ...More

Tesla's China operations present a major hurdle for any potential SpaceX merger. Analysts highlight technical and regulatory challenges in separating these businesses. SpaceX's reliance on US government contracts could intensify scrutiny of such a deal. Separating Tesla's China business might ease domestic regulatory concerns. However, this move could create governance issues within China's market. ...Less

A spent SpaceX rocket stage has impacted the Moon after a year in space. Astronomers confirm the four-ton ...More

A spent SpaceX rocket stage has impacted the Moon after a year in space. Astronomers confirm the four-tonne Falcon 9 upper stage hit the lunar surface as predicted. This incident occurs as lunar exploration accelerates with multiple nations preparing missions. SpaceX stated the collision was accidental, caused by gravitational and solar forces. The event underscores the growing need for managing space traffic and debris. ...Less

Among the most popular shareholder questions submitted ahead of Tuesday's call were requests for more foo ...More

Among the most popular shareholder questions submitted ahead of Tuesday's call were requests for more footage of Starship's Human Landing System, the vehicle designed to carry astronauts to the moon for NASA's Artemis program next year. ...Less

A 4,000-kg SpaceX Falcon 9 rocket stage crashed into the moon near crater Einstein after drifting through ...More

A 4,000-kg SpaceX Falcon 9 rocket stage crashed into the moon near crater Einstein after drifting through space since a January 2025 lunar mission. The impact produced a brief flash and a cloud containing sodium and lithium signatures detected by the European Southern Observatory's Very Large Telescope in Chile. ...Less

Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing ...More

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. However, as the shares crashed, Musk’s net wealth dropped to $684 billion, Bloomberg reported. Notably, the over $600 billion wealth erosion is higher than any other billionaire's total wealth, except Musk himself. ...Less

The Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over p ...More

The Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over potential peace talks with Iran. Meanwhile, both SpaceX and AMD saw their stock prices drop following their earnings announcements. The growth in private payrolls also showed signs of cooling in July, reflecting a steady job market, as market watchers keep a keen eye on inflationary pressures and the Federal Reserve's next moves. ...Less

...More

...Less

SpaceX secured $1.6 billion in U.S. Space Force launch contracts for Pentagon satellites. These missions ...More

SpaceX secured $1.6 billion in U.S. Space Force launch contracts for Pentagon satellites. These missions will utilize eighteen Falcon 9 launches through the year 2027. The Space Force aims to accelerate its acquisition of rocket launches from private companies. Rivals United Launch Alliance and Blue Origin face ongoing technical challenges with their rockets. SpaceX continues to lead in securing significant Pentagon contracts this year. ...Less

A piece of SpaceX rocket debris is set to crash into the Moon at nearly 9,000 kmph. Here's why scientists ...More

A piece of SpaceX rocket debris is set to crash into the Moon at nearly 9,000 kmph. Here's why scientists are interested in the impact and what it could reveal. ...Less

The SEC alleged that the investment adviser had used "false claims and promises" to solicit investments i ...More

The SEC alleged that the investment adviser had used "false claims and promises" to solicit investments in Adit-managed funds and used client money for the firm's own benefit, including by taking unsecured loans on favorable terms ⁠without ⁠disclosure to clients. ...Less

A SpaceX rocket upper stage will crash into the moon on Wednesday. This event will create a crater and ej ...More

A SpaceX rocket upper stage will crash into the moon on Wednesday. This event will create a crater and eject dust and rubble into space. Scientists are eager to observe the impact and study the resulting debris. The incident highlights the growing threat of space junk in Earth's orbit. This will be the second known dead rocket to accidentally impact the moon. ...Less

Public listings of Anthropic and OpenAI will test the AI ecosystem. Markets are judging AI winners and lo ...More

Public listings of Anthropic and OpenAI will test the AI ecosystem. Markets are judging AI winners and losers early, impacting sectors and countries. Foreign investors have pulled significant funds from Indian equity markets recently. SpaceX's valuation experienced a substantial increase and subsequent decline. Venture capital focuses on extreme outcomes, accepting high failure rates. ...Less

Tesla executives are preparing for a potential separation of its China business operations. This move com ...More

Tesla executives are preparing for a potential separation of its China business operations. This move comes as discussions about a possible merger with SpaceX are underway. Advisers have explored options like a spinoff, sale, or closure for the China division. It remains unclear how quickly Tesla could complete these separation plans. Elon Musk has previously not dismissed the possibility of a Tesla and SpaceX merger. ...Less

Elon Musk has dismissed reports suggesting Tesla might sell its China operations. These reports indicated ...More

Elon Musk has dismissed reports suggesting Tesla might sell its China operations. These reports indicated a potential merger between Tesla and SpaceX was being considered. Tesla's Shanghai Gigafactory is a crucial production and export hub for the company. China remains Tesla's second-largest market globally, facing local competition. Regulatory hurdles and geopolitical concerns could complicate any potential merger plans. ...Less

SpaceX will report its first quarterly earnings as a listed company after Tuesday's market close, with in ...More

SpaceX will report its first quarterly earnings as a listed company after Tuesday's market close, with investors closely watching its AI business, capital spending plans and Starlink growth. The results come just ahead of a major insider lock-up expiry, adding to uncertainty around the stock. ...Less

SpaceX shares have fallen significantly, nearing a valuation that ignores its artificial intelligence bus ...More

SpaceX shares have fallen significantly, nearing a valuation that ignores its artificial intelligence business. Morgan Stanley analysts believe this presents an attractive entry point for investors now. Many investors anticipate further stock declines after a lockup period unlocks next month. Broad investor sentiment has shifted away from technology firms with high AI spending. However, most analysts remain bullish on SpaceX's future prospects and growth. ...Less

SpaceX shares have dropped twenty percent since their debut last month. Investors are avoiding riskier te ...More

SpaceX shares have dropped twenty percent since their debut last month. Investors are avoiding riskier technology firms and AI ecosystem concerns are rising. The company has lost over one trillion dollars in market value from its peak. Geopolitical factors and spending power are impacting valuations across the industry. Upcoming lock-up expirations could further affect the stock's performance in coming months. ...Less

Rocket Lab founder Sir Peter Beck is now taking on Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Peter ...More

Rocket Lab founder Sir Peter Beck is now taking on Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Peter Beck was once rejected by NASA and Boeing as he did not have a formal engineering degree. In 2025, his company generated revenue of $600 million and employed between 2,000 and 2,500 people across the United States, Canada and New Zealand. ...Less

Major stock indexes closed lower on Thursday, pausing after a strong start to the week. Investors digeste ...More

Major stock indexes closed lower on Thursday, pausing after a strong start to the week. Investors digested corporate earnings and looked for progress toward a peace deal between the U.S. and Iran. Oil prices rose, with U.S. crude settling up 2.75% at $77.29 a barrel. Data storage companies Western Digital and Sandisk saw significant drops after their quarterly results. The number of Americans filing unemployment claims increased slightly last week. ...Less

Bridgewater founder Ray Dalio warned the AI-driven market rally displays bubble-like traits seen before t ...More

Bridgewater founder Ray Dalio warned the AI-driven market rally displays bubble-like traits seen before the 1929 crash and dot-com bust. He cited stretched valuations, rising rates and heavy stock issuance as key risks, echoing concerns from Jeremy Grantham and Goldman Sachs. ...Less

SpaceX's latest Starship test flight delivered more than another launch, introducing engine fixes, advanc ...More

SpaceX's latest Starship test flight delivered more than another launch, introducing engine fixes, advanced Starlink satellite deployment and what SpaceX called its best re-entry yet. The mission also advanced heat shield testing, supporting NASA's Artemis Moon programme while moving SpaceX closer to building a fully reusable rocket for future Moon and Mars missions. ...Less

The US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unex ...More

The US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led to reduced expectations for a Federal Reserve interest rate hike in September. Strong earnings from corporations further propelled market indices upward. Meanwhile, a dip in oil prices, influenced by advancing peace talks, helped to soothe inflation fears. ...Less

Elon Musk's net worth has dropped below seven hundred billion dollars. This significant wealth reduction ...More

Elon Musk's net worth has dropped below seven hundred billion dollars. This significant wealth reduction stems from SpaceX and Tesla stock performance. SpaceX shares have experienced a substantial selloff, impacting Musk's holdings considerably. Tesla's stock also faces pressure after disappointing quarterly earnings reports. Despite these losses, Musk remains the world's wealthiest individual by a wide margin. ...Less

Advanced Micro Devices shares declined significantly after its revenue forecast fell short. Investors sou ...More

Advanced Micro Devices shares declined significantly after its revenue forecast fell short. Investors sought clearer proof the company can capitalize on the AI spending boom. SpaceX's decision to exclusively use rival Nvidia's chips also impacted AMD's stock. The company projects data-center revenue to more than double by 2027. AMD's stock has more than doubled this year on AI chip expectations. ...Less

Infosys-backed GalaxEye has successfully acquired StarOps, enhancing its satellite development capabiliti ...More

Infosys-backed GalaxEye has successfully acquired StarOps, enhancing its satellite development capabilities. With roots in TeamIndus, India's pioneering spacetech startup, StarOps will aid GalaxEye in reinforcing its satellite engineering expertise, especially after the recent loss of contact with their first satellite. ...Less

India has been invited to join NASA's Moon Base program. Discussions focused on expanding civil and comme ...More

India has been invited to join NASA's Moon Base program. Discussions focused on expanding civil and commercial space cooperation. Both nations agreed to advance open scientific data sharing under Artemis Accords. They also reaffirmed commitment to UN guidelines for outer space sustainability. Future collaborations in space science and human spaceflight technologies are being explored. ...Less

A US Representative has requested documents from Elon Musk concerning his AI data centers. He seeks infor ...More

A US Representative has requested documents from Elon Musk concerning his AI data centers. He seeks information on turbines, emissions, and permits for the Tennessee and Mississippi sites. This follows reports of natural gas turbines operating without federal clean-air permits. The facilities are reportedly located near predominantly Black communities. Concerns grow over AI data centers' energy demands and environmental consequences. ...Less

Major US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude ...More

Major US stock indexes opened higher on Monday. De-escalating Middle East tensions helped drag down crude oil prices. Investors are now preparing for a busy week of earnings reports. The Dow Jones Industrial Average increased by 274 points at the open. The S&P 500 and Nasdaq Composite also saw gains. ...Less

The FAA is proposing new rules to speed up commercial space mission approvals. These changes aim to simpl ...More

The FAA is proposing new rules to speed up commercial space mission approvals. These changes aim to simplify licensing by waiving environmental law requirements. Currently, license applications can take up to thirty-six months for full approval. The agency seeks to reduce duplicative processes and needless delays for launch operations. This move follows a presidential executive order to accelerate the licensing process. ...Less

Elon Musk's SpaceX had replaced six of the 33 engines on the first-stage booster after they failed to ign ...More

Elon Musk's SpaceX had replaced six of the 33 engines on the first-stage booster after they failed to ignite last week, resulting in a last-second launch abort. The previous Starship flight in May also experienced engine trouble, which prevented the booster from making a controlled return. ...Less

Volta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthrop ...More

Volta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing services. The company also launched a substantial AI infrastructure program for factories. Volta Infra raised substantial seed and Series A funding from major investors. This expansion aims to meet the growing demand for AI computing power. ...Less

Japan's Nikkei 225 fell nearly 2% on Thursday as a global technology selloff weighed on heavyweight semic ...More

Japan's Nikkei 225 fell nearly 2% on Thursday as a global technology selloff weighed on heavyweight semiconductor stocks, overshadowing gains across much of the broader market. While weakness in AI-linked shares dragged the benchmark lower, lower crude oil prices and strength in non-technology sectors helped limit losses in the broader Topix index. ...Less

Stock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focus ...More

Stock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focused entities like Palantir and the esteemed Caterpillar delivered eye-popping results. The drop in oil prices and Treasury yields created a favorable backdrop for continued growth. Moreover, the possibility of a peaceful resolution in the Iran conflict greatly enhanced investor optimism. Overall, corporate earnings have been significantly exceeding forecasts this reporting period. ...Less

Indian equities ended marginally higher despite sharp swings driven by closing auction session confusion. ...More

Indian equities ended marginally higher despite sharp swings driven by closing auction session confusion. RBI maintained rates, raised FY27 GDP outlook and lowered inflation forecast. Realty, auto and metal stocks outperformed, while analysts expect Nifty to remain range-bound unless it decisively crosses 24,800. ...Less

Indian-origin astronaut Anil Menon embarks on his first spacewalk today. He will join Jessica Meir to str ...More

Indian-origin astronaut Anil Menon embarks on his first spacewalk today. He will join Jessica Meir to strengthen the orbiting laboratory's power system. This mission prepares the International Space Station for next-generation solar panels. It is the first of three NASA spacewalks planned for this month. Safety tethers and specialized suits will ensure astronaut protection during the operation. ...Less

Elon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors ...More

Elon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors now believe a combination of these companies is highly probable within years. Tesla already supplies batteries and manufacturing technologies for SpaceX projects. The companies are also jointly developing a semiconductor manufacturing facility for AI chips. However, regulatory approvals and governance complexities present significant hurdles to any such transaction. ...Less

Elon Musk says AI agentic traffic will eventually vastly exceed human internet usage, while Michael Burry ...More

Elon Musk says AI agentic traffic will eventually vastly exceed human internet usage, while Michael Burry questions who will pay for AI agents. The contrasting views highlight a broader debate over AI’s rapid expansion, massive infrastructure spending and whether the technology can generate enough economic value to justify current valuations. ...Less

Speculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combinin ...More

Speculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combining his companies during an earnings call. Investors see a stronger case for integrating these technology powerhouses. Existing collaborations already span batteries and AI chip development. However, significant regulatory and governance hurdles remain for any potential deal. ...Less

AMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI ...More

AMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI gains, higher margins and stronger evidence it can challenge Nvidia's dominance in AI chips. ...Less

Meta entered the race for automated coding tools on Wednesday when it announced a new app for developers ...More

Meta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence products, as it competes with other major AI labs for customers and revenue. Microsoft, which has invested billions into both OpenAI and Anthropic, offers coding tools through its business-focused AI app, Copilot, in addition to a developer product, GitHub. ...Less

Asian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing do ...More

Asian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell slightly after Iran and Oman reached a new agreement regarding the Strait of Hormuz. Meanwhile, Sandisk and Western Digital faced significant declines following disappointing earnings reports. As investors reassess stock valuations, the geopolitical context in the Middle East is increasingly influencing oil price trends. ...Less

Domestic equities experienced a slight uptick, with the Nifty finishing virtually unchanged despite gains ...More

Domestic equities experienced a slight uptick, with the Nifty finishing virtually unchanged despite gains across various sectors. Analysts predict a positive outlook for Indian equities moving forward. Lower Brent crude prices are favorable for inflation expectations. The India VIX declined, signaling decreased market anxiety. Additionally, foreign portfolio investors showed a tendency toward net buying on Wednesday. ...Less

Uber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the com ...More

Uber’s strong second-quarter growth was overshadowed by a weak outlook, sending shares down 6% as the company ramps up autonomous-vehicle investments. ...Less

Amazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon a ...More

Amazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to achieve such a valuation. The company's shares surged significantly after strong second-quarter earnings reports. Accelerating cloud-computing revenue eased investor concerns about artificial intelligence spending. Amazon's stock now leads the Magnificent Seven group in performance this year. ...Less

China's open-source AI models are challenging US dominance, driving intense competition. Chinese firms ar ...More

China's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through lower-cost AI inference and state support. The race for AI supremacy is intensifying, with firms seeking massive funding rounds. ...Less

US stocks saw mixed trading as the S&P 500 and Nasdaq reversed early losses. Technology shares faced pres ...More

US stocks saw mixed trading as the S&P 500 and Nasdaq reversed early losses. Technology shares faced pressure after disappointing investor reactions to company forecasts. Energy and consumer staples sectors led gains, offsetting the tech sell-off. Investors awaited news on a potential Middle East peace deal. Jobless claims rose slightly ahead of key employment data. ...Less

Sarvam AI has appointed Devendra Singh Chaplot as an advisor. Chaplot was a founding member of Mistral AI ...More

Sarvam AI has appointed Devendra Singh Chaplot as an advisor. Chaplot was a founding member of Mistral AI and Thinking Machines Lab. The appointment comes soon after Sarvam AI completed a $300 million funding round at a $1.5 billion valuation. ...Less

Asian stocks are set to track Wall Street higher as optimism grows. Prospects for an interim deal with Ir ...More

Asian stocks are set to track Wall Street higher as optimism grows. Prospects for an interim deal with Iran eased energy supply concerns significantly. This development has led to a slide in oil prices and reduced inflation pressures. Investors are now watching for further progress on reopening the Strait of Hormuz. This situation may strengthen the case for the Federal Reserve to keep interest rates unchanged. ...Less

The AI-driven market rally has turned highly volatile as investors grow concerned about lofty valuations, ...More

The AI-driven market rally has turned highly volatile as investors grow concerned about lofty valuations, profitability and rising competition. ...Less

Abdul El-Sayed election results: Abdul El-Sayed wins Michigan’s Democratic Senate primary, projects NBC. ...More

Abdul El-Sayed election results: Abdul El-Sayed wins Michigan’s Democratic Senate primary, projects NBC. Abdul El-Sayed has campaigned on issues such as Medicare for All, taxing billionaires, and abolishing US Immigration and Customs Enforcement (ICE). He also called for an end to US military aid and weapons sales to Israel. ...Less

Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims ...More

Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for Anthropic's artificial intelligence products. Volta Infra Holdings is an infrastructure startup backed by Nvidia. The agreement spans six years and involves a data center in Norway. This move highlights the significant investment required for AI development and expansion. ...Less

South Korea's benchmark Kospi extended its sharp decline on Thursday as a global technology selloff dragg ...More

South Korea's benchmark Kospi extended its sharp decline on Thursday as a global technology selloff dragged heavyweight chipmakers Samsung Electronics and SK Hynix lower. The slump has intensified losses for retail investors and raised concerns over market concentration, while policymakers and analysts assess the outlook for the country's equity market. ...Less

US stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing o ...More

US stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supported the market's upward movement. Communication services sector led gains, while energy experienced a decline. Amazon's market value surpassed three trillion dollars for the first time. Investors are now focused on upcoming economic data and corporate earnings reports. ...Less

Space stocks could offer significant long-term growth opportunities as the industry expands beyond rocket ...More

Space stocks could offer significant long-term growth opportunities as the industry expands beyond rocket launches into satellites, orbital broadband, communications, defence applications and other space-enabled services, although high valuations and extreme volatility could make the investment journey uneven, according to research report by Goldman Sachs. ...Less

Wall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence ...More

Wall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Palantir boosted market sentiment. Hopes for an imminent Middle East peace deal also contributed to the gains. Strong earnings from AI companies like Amazon and Microsoft reassured investors about their investments. The blue-chip Dow Jones Industrial Average also traded at a fresh intraday record high. ...Less

Asian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized afte ...More

Asian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while oil prices declined amid easing Middle East tensions. Investors anticipate a busy corporate earnings week, seeking evidence of AI spending translating into growth. US manufacturing activity expanded rapidly, showing strong demand and increased production. Markets are shifting focus from flows to earnings and macroeconomic factors. ...Less

SK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage ...More

SK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent reports on Chinese progress fueled further worries about capacity. Despite expected record earnings, investors are becoming cautious about memory chip prices. The company's stock still shows strong annual gains due to its AI leadership. ...Less

Wall Street rallied sharply on Monday, with the Dow hitting a record high as easing oil prices and strong ...More

Wall Street rallied sharply on Monday, with the Dow hitting a record high as easing oil prices and strong tech earnings lifted investor sentiment. The Dow gained over 1%, while the Nasdaq surged more than 2% and the S&P 500 rose 1.5%, nearing its record high. ...Less

Concerns are rising over President Trump's administration's limited AI response. This follows recent AI a ...More

Concerns are rising over President Trump's administration's limited AI response. This follows recent AI agent security breaches by OpenAI and Anthropic. Critics point to significant donations from tech firms to Trump's reelection efforts. These ties allegedly influence the administration's approach to AI regulation. Voluntary cybersecurity tests for AI models have been announced but lack details. ...Less

Canada’s innocent-looking northern shrike, nicknamed the “butcher bird,” has a shocking hunting habit tha ...More

Canada’s innocent-looking northern shrike, nicknamed the “butcher bird,” has a shocking hunting habit that makes it unlike most songbirds. The tiny predator kills insects and small animals before impaling its prey on thorns, barbed wire and other sharp surfaces. Here’s why this unusual Canadian bird has earned its gruesome reputation. ...Less

Ukraine is grappling with the difficulty of intercepting rapid Russian ballistic missiles. While the Patr ...More

Ukraine is grappling with the difficulty of intercepting rapid Russian ballistic missiles. While the Patriot system provides a measure of defense, its effectiveness is hindered by the limited number of available batteries. The increasing global demand and production constraints have led to interceptor shortages. To enhance its security, Ukraine is focusing on neutralizing launchers and developing indigenous defense capabilities. ...Less

What happened to Perez Hilton? The famous celebrity blogger was rushed to a local hospital after it was r ...More

What happened to Perez Hilton? The famous celebrity blogger was rushed to a local hospital after it was reported that he had appeared to self-harm during a TikTok livestream. The Miami-Dade Sheriff's Office said in a statement that an individual had been "safely recovered" and taken to "a local hospital, where he is receiving medical attention". ...Less

Cursor Start, a new subscription plan, has been launched for Indian developers. This plan offers access t ...More

Cursor Start, a new subscription plan, has been launched for Indian developers. This plan offers access to advanced AI tools and autonomous cloud agents. Indian developers can now utilize these features across multiple interfaces. The company chose India for localized pricing due to its large developer community. Cursor Start is available to developers in India from July twenty-eighth. ...Less

Sarvam AI launched new models and infrastructure tools at its Epoch Builder Edition event. The company pl ...More

Sarvam AI launched new models and infrastructure tools at its Epoch Builder Edition event. The company plans to develop a trillion-parameter artificial intelligence model. New offerings include a text-to-speech system and a coding model. A developer platform will support AI applications in over ten Indian languages. Sarvam AI also announced plans for Sarvam Inference and a San Francisco office. ...Less

Elon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" g ...More

Elon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" guides transformative company building strategies. Nick Bostrom's "Superintelligence" highlights artificial intelligence risks and safety concerns. Biographies of Albert Einstein and Benjamin Franklin offer insights into genius. Sam Harris's "Lying" advocates for radical honesty in all connections. ...Less

Amazon's satellite venture plans to connect smartphones directly to space. This new service aims to provi ...More

Amazon's satellite venture plans to connect smartphones directly to space. This new service aims to provide voice, messaging, and data globally. Launches are expected to begin in 2028, with FCC approval pending. India is a key market for connecting underserved and unserved populations. This move signals a new frontier in satellite communication technology. ...Less

AI productivity platform Fireflies.ai and its founder-CEO Krish Ramineni have joined Rotterdam Dockers as ...More

AI productivity platform Fireflies.ai and its founder-CEO Krish Ramineni have joined Rotterdam Dockers as founding investors ahead of the inaugural European T20 Premier League (ETPL). Ramineni joins an ownership group that includes Jonty Rhodes, Faf du Plessis, Heinrich Klaasen, John Abraham and Madhukar Shree. ...Less

Michigan cyclosporiasis outbreak: The recent cyclosporiasis outbreak in Michigan has resulted in its firs ...More

Michigan cyclosporiasis outbreak: The recent cyclosporiasis outbreak in Michigan has resulted in its first two fatalities, sparking concern among health officials. Thousands of infections are connected to this intestinal disease, primarily associated with iceberg lettuce imported from Mexico. Both individuals who passed away had pre-existing health conditions, and investigations are ongoing to pinpoint the source and mitigate further transmission. ...Less

Elisabeth-Jane Ross, a Scottish aid worker who regularly travelled to Greece to help refugees and homeles ...More

Elisabeth-Jane Ross, a Scottish aid worker who regularly travelled to Greece to help refugees and homeless people, was found dead inside a suitcase in an abandoned Athens building. Her death took a disturbing turn after messages were reportedly sent from her phone and her bank cards were allegedly used following her death. A 26-year-old man was later arrested as Greek police investigated the circumstances surrounding the case. ...Less

AI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downt ...More

AI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and creating wider grid-stability risks. ...Less

A sliding toilet seat often results from loose mounting hardware and this issue can be fixed by centering ...More

A sliding toilet seat often results from loose mounting hardware and this issue can be fixed by centering the seat and tightening bolts. If tightening of toilet seat fails, worn components may require replacement for stability. You may have to replace the entire seat becomes necessary if it is cracked or warped. ...Less

Investors await crucial July employment data and corporate earnings reports this week. Markets are naviga ...More

Investors await crucial July employment data and corporate earnings reports this week. Markets are navigating geopolitical tensions and interest rate uncertainties after recent volatility. The Federal Reserve's policy outlook remains unclear following its last meeting. Strong corporate earnings growth offers fundamental support for equities despite concerns. Wall Street anticipates high sensitivity to incoming economic and corporate developments. ...Less

Elon Musk's SpaceX is targeting July 23 for the 13th Starship test flight after a last-second launch abor ...More

Elon Musk's SpaceX is targeting July 23 for the 13th Starship test flight after a last-second launch abort last week. The mission will carry 20 Starlink satellites on a suborbital test as the company pushes toward routine orbital deployments by year-end. ...Less

.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, ...More

.The speed with which Zepto has ramped its national footprint is mindboggling. But with mounting losses, half-baked business plans, the speed at which it was trying to IPO would have upended all its gains. There are many tech companies – both in India and abroad – which are perfectly fine being privately owned. Staying private for longer will not delay Zepto value creation but maximise it instead. ...Less

A library book borrowed in the 1870s has returned to Kiama, Australia. It was discovered sealed inside a ...More

A library book borrowed in the 1870s has returned to Kiama, Australia. It was discovered sealed inside a fireplace during recent home renovations. The overdue fine for the "Antiquities of Athens" book would be substantial. However, the library will not collect any payment from the unknown borrower. The historical book will now be displayed permanently in the local history collection. ...Less