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How does SpaceX make its money? SpaceX makes its money from subscriptions to its Starlink satellite internet service, rocket launches to put satellites and astronauts in space, as well as national security contracts to build and launch satellites. Who are SpaceX’s largest investors?

Beijing banned an Nvidia gaming chip while the company’s chief executive Jensen Huang was visiting China with Donald Trump last week, the latest...

Hedge funds stuck to their holdings in companies with ‌strong fundamentals in April, particularly technology ‌and semiconductor stocks, according to a report on Wednesday ​from data platform Hazeltree, in a month when the S&P 500 jumped over 10%.

Nvidia, the most valuable public company by market capitalization, will report earnings Wednesday, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Target will also report this week.

Russia hopes to power its flagship GigaChat AI model ‌with Chinese-made chips, Sberbank's CEO said ‌during President Vladimir Putin's visit to China, as Western ​sanctions continue to block the country's access to advanced hardware abroad. "We are hoping that we will be able to use Chinese ‌microchips for GigaChat," ⁠Chief Executive German Gref told state broadcaster Channel One. GigaChat was developed by ⁠Sberbank, the country's largest lender, which has been driving Russia's push into AI.

Chris Hohn ranks among the list of the richest hedge fund managers in the world. While Genie Energy Ltd. (NYSE:GNE) remains the billionaire’s largest position, Moody’s Corporation (NYSE:MCO) ranks 4th on the list of Chris Hohn’s top holdings with a 12.67% portfolio share. On April 27, Mizuho cut its price target on Moody’s Corporation (NYSE:MCO) to […]

Netflix (NasdaqGS:NFLX) is shifting focus away from a potential acquisition of Warner Bros. Discovery and toward expanding its advertising, AI-driven content, and consumer products initiatives. The company is putting more emphasis on its global ad-supported tier, AI capabilities including the acquisition of Ben Affleck's InterPositive, and new consumer product categories. Netflix, with a recent share price of $89.33, is leaning into its existing scale and technology stack rather than...

Samsung Electronics' labour union plans to embark on a massive 18-day strike on Thursday after bonus payment talks with management collapsed and attention is now focused on whether the government will issue an ‌emergency arbitration order. Some 48,000 people plan to walk off the job with significant consequences for the South Korean economy and the ‌supply of memory chips globally, and the government flagged at the weekend that such an order is possible. A South Korean government official said on Wednesday that talk of emergency arbitration is premature and that there was still time for dialogue.

FTSE 100 up 12 points at 10,343 UK inflation eases to 2.8% in April M&S, British Land, Experian, Severn Trent report results 12.59pm: Grocery analyst not a fan of Treasury food plan On the stories that the Treasury is asking major UK supermarkets to limit prices on some basic...

(Bloomberg) -- China indicated it would accept some increase in US tariffs to a level agreed upon last year and would continue talks to extend a trade truce — a sign ties between the world’s two largest economies are further stabilizing.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff Deepen

Wall Street has spent decades drawing bright lines around what counts as a bet versus an investment. Compliance manuals grew thick because the cost of getting that line wrong is jail time and seven-figure fines. Most of those manuals never imagined a 22-year-old in a Brooklyn coffee shop risking ...

The AI chipmaker's outlook for the quarter ahead, its Vera Rubin transition, and any fresh China commentary could matter more than the headline numbers.

By Stella Qiu SYDNEY, May 20 (Reuters) - Asian stocks extended a losing streak on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see whether

Doing nothing is a proactive strategy. If the Iran war gets bloody and oil prices surge higher, fundamental stock analysis will be useless. Investors are starting to realize that inflation may make it difficult for the Federal Reserve to lower interest rates.

China agreed to purchase 200 Boeing jets and resume imports of some U.S. beef products, marking one of the clearest signs yet of easing trade tensions between the two countries.

Keysight Technologies Inc (KEYS) reports a historic quarter with a 56% increase in orders and robust growth across sectors, while navigating supply chain challenges and evolving market dynamics.

Alibaba Group on Wednesday unveiled a new AI chip, the Zhenwu M890, as the Chinese technology giant intensifies efforts to build domestic alternatives to ‌Nvidia processors amid tightening U.S. export curbs. The chip, developed by Alibaba's semiconductor design subsidiary ‌T-Head, delivers three times the performance of its predecessor, Zhenwu 810E. Alibaba said the new processor is well-suited to handle the heavy memory and communication demands of agent workloads, where models must retain long stretches of context and coordinate with one another in real time.

Cava Group Inc (CAVA) reports a 32.2% revenue increase and successful restaurant expansion, despite facing cost challenges.

The South Korean chip maker said it couldn’t accept the union’s demands, including compensation even for unprofitable business units.

Starbucks (SBUX) has spent most of the past year attempting to convince Wall Streetthat its turnaround strategy is finally starting to pay off. The coffee giant has been slashing costs, restructuring operations and investing extensively in cafe performance after a challenging period of declining ...

Elon Musk wants to take SpaceX public -- and he's asking investors to believe the rocket and AI company is worth almost $1.75 trillion. Musk is asking investors to value the company at nearly 100 times that. 

Samsung Electronics' management and its labour union resumed talks on Wednesday with only one day ‌to go before a planned major strike that threatens the health of South Korea's ‌economy and could disrupt the global supply of semiconductors. Park said he had proposed a compromise plan, which is being reviewed by Samsung. Should management accept ⁠the proposal, it will be put to a vote by Samsung's union members as early as Wednesday.

Nu Holdings Ltd (NU) reports a historic $5 billion revenue and significant international growth, while navigating challenges in credit provisions and secured lending.

Tel Aviv Stock Exchange Ltd (TVAVF) reports a 40% revenue surge and record trading volumes, despite facing geopolitical tensions and reduced surplus equity.

Moby summary of Keysight Technologies, Inc.'s Q2 2026 earnings call

As someone who's been a Costco member for 20 years and an Executive member for most of them, I'm often asked why I continue to pay for access to a store I'm going to spend money at. After all, I could just waltz into Walmart and load up on low-cost groceries and household essentials instead. But a ...

McDonald's (MCD) is giving customers more reasons to return to its franchises, but the company’s new menu push isn’t just about drinks, burgers, and limited-time sauces. The fast-food behemoth is pushing specialty drinks, bargain menus, premium burgers, Snack Wraps and pop-culture tie-ins at a time ...