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Retail investors continued to pile into SpaceX shares on Wednesday, buying the dip after a sharp drop following the company's first earnings report as a public company. Mom-and-pop traders bought a net 22.7 million dollars in SpaceX shares in the first hour of trading …
Meta Platforms' (NASDAQ:META) Chief Global Affairs Officer Joel Kaplan apologized to India's Information Technology Minister Ashwini Vaishnaw for briefly restricting a Facebook post by Prime Minister Narendra Modi in July. "I apologized to the minister on behalf of Meta for the error restricting PM …
Salesforce (NYSE:CRM) has appointed Miguel Milano as chief operating officer, promoting him from his role as chief revenue officer under CEO Marc Benioff. Milano, a former Oracle executive, rejoined Salesforce in 2023 after previously working for the company in Europe from 2011 to 2020 …
SpaceX (NASDAQ:SPCX), founded in 2002 by Elon Musk and based in Starbase, Texas, is a leading aerospace and defense technology company that designs, manufactures, and launches reusable rockets and spacecraft, including the Falcon 9, Falcon Heavy, Dragon, and Starship. The company's Connectivity segment provides …
Alphabet (NASDAQ:GOOGL) announced a leadership overhaul of its AI division on Wednesday, with Demis Hassabis transitioning from CEO of Google DeepMind to the newly created role of Alphabet's chief scientist, while also becoming DeepMind's chairman. Hassabis, a Nobel Prize recipient who co-founded DeepMind in …
Honeywell Aerospace (NASDAQ:HONA) lowered its 2026 sales growth forecast and issued a weaker-than-expected earnings outlook on Wednesday, as persistent supply-chain hurdles limited its ability to meet surging aftermarket demand. The company said supply constraints are forcing it to prioritize original equipment deliveries to Boeing …
Anthropic said Wednesday it is building an in-house team to design custom chips for its Claude AI models, confirming an earlier Reuters report as the company responds to a shortage of chips needed to power and develop more advanced AI systems. The company said …
Amazon's (NASDAQ:AMZN) autonomous vehicle unit Zoox will begin paid rides in Las Vegas starting August 10, days after the National Highway Traffic Safety Administration approved commercial deployment of its robotaxis, which operate without human controls such as a steering wheel or pedals. Zoox, whose …
Meta (NASDAQ:META) has begun rolling out Muse Code, its first coding agent, as the company works to establish a stronger position against Anthropic and OpenAI in the software development tools market. The release is the latest from AI chief Alexandr Wang, who leads Meta …
Today's session showed a split market. The major index ETFs, SPDR S&P 500 (NYSE Arca: SPY) and Invesco QQQ Trust (NASDAQ: QQQ), pushed decisively higher, with SPY tagging fresh all-time highs and RSI approaching overbought territory. Beneath the surface, however, the picture was more …
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