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SpaceX shares hit record low as lock-up concerns weigh
Proactive10d agoneutral
SpaceX shares hit record low as lock-up concerns weigh

SpaceX Corp (NASDAQ:SPCX) shares fell to an all-time low on Monday, dropping to $108.66 in early trading before recovering some ground to trade around $111 by late morning, as investors weighed concerns over an upcoming share lock-up expiration, valuation, capital spending and financing...

Amazon's Leo Starlink Challenger Plans For More Satellites, Mobile Connectivity
Investor's Business Daily10d agoneutral
Amazon's Leo Starlink Challenger Plans For More Satellites, Mobile Connectivity

Amazon is eyeing a major expansion of its satellite array to compete in the direct-to-phone market against the SpaceX-owned Starlink and others. Amazon stock ticked higher Monday. The Seattle-based tech giant has filed an application with the Federal Communications Commission to launch 5,105 low Earth orbit satellites designed to deliver "direct-to-device" connectivity in 2028, according to a company blog post.

Investing.com10d agoneutral
Amazon Leo seeks FCC approval to provide mobile services from space

Investing.com -- Amazon.com Inc. has asked the US Federal Communications Commission for permission to launch a network of 5,000 satellites designed to provide mobile services directly to cell phones from space. The move intensifies competition with SpaceX in the satellite communications sector.

AI Giants Face New Price Competition
Kiplinger10d agoneutral
AI Giants Face New Price Competition

As business spending on artificial intelligence soars, cheaper options are hitting the market. The much-welcomed trend has a catch, though.

JPMorgan and Goldman Posted Record Quarters — Their Own CEOs Aren’t Sure It Lasts
Insider Monkey10d agoneutral
JPMorgan and Goldman Posted Record Quarters — Their Own CEOs Aren’t Sure It Lasts

July 14 was one of the most concentrated single-day events of Wall Street’s Q2 2026 earnings season, with all five of America’s largest banks reporting results on the same morning, alongside the June CPI report and Federal Reserve Chair Kevin Warsh’s inaugural Congressional testimony. Combined, those five firms have more than $13 trillion in assets, […]

Investing.com10d agoneutral
SpaceX bears should ’consider cryogenic hibernation’ on ship catch: Morgan Stanley

Investing.com -- Morgan Stanley said SpaceX's Starship Flight 13 marked a significant step forward in the rocket's development, arguing the latest test should increase investor confidence despite an imperfect booster landing. The brokerage assigned the mission an overall grade of "A-", citing successful execution of key milestones including the first deployment of production-version Starlink V3 satellites, a successful in-space Raptor engine relight, and the spacecraft's softest splashdown to da

Nvidia, Other Tech Giants Launch AI Defense Alliance Following OpenAI Hacking Incident
The Wall Street Journal10d agoneutral
Nvidia, Other Tech Giants Launch AI Defense Alliance Following OpenAI Hacking Incident

Nvidia has joined a coalition of tech companies to build an artificial-intelligence defense program following the recent OpenAI hacking incident of Hugging Face. The initiative, dubbed the Open Secure AI Alliance, is developing open-source programs to give companies access to tools to help fend off AI cyberattacks. “The recent Hugging Face security incident delivered a clear reminder,” the group said Monday.

SpaceX Stock Rises After 13th Starship Test—Flight 14 Will Be Wild
Barrons.com10d agobearish
SpaceX Stock Rises After 13th Starship Test—Flight 14 Will Be Wild

SpaceX stock rose a little in early trading after the company completed a successful Starship test flight on Friday evening. Starship is SpaceX’s huge, fully reusable launch system designed to dramatically lower costs to reach space. SpaceX wants to build a constellation of AI computing satellites beginning in 2028.

Rocket Lab Stock Is Jumping for 2 Reasons
Barrons.com10d agobullish
Rocket Lab Stock Is Jumping for 2 Reasons

Rocket Lab stock jumped in premarket trading Monday after the company announced a new business win. Shares of the mini- SpaceX which has launch and satellite services like Elon Musk’s larger rocket company, were up 4.1% at $66.53 in premarket trading, while and futures were both rising about 1%. The move came after Rocket Lab announced it was awarded a $266 million launch services contract with the U.S. Space Force for missile defense.

Bloomberg10d agoneutral
Asia’s Biggest IPO of 2026 Puts Crypto Shadow Market to the Test

(Bloomberg) -- China’s biggest IPO in more than a decade became the first major Asian test for crypto’s emerging pre-IPO futures — and the blockchain market largely delivered.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPOStocks, Bonds Rise in Relief Rally as Oil Tumbles: Markets Wrap