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The drone maker’s revenue rose to $641.6 million from $275.1 million a year prior thanks to higher product sales and service revenue, it said.
<body><p>STORY: "I still think that they're going to be scheduled to release their stock and do an IPO later on this year in 2026. I don't see why not. The conditions are real good right now. The banks want to get paid," said Lang.</p><p>Lang said SpaceX's strong IPO and upcoming addition to the Nasdaq 100 on July 7 could encourage other high-profile AI companies, including Anthropic and OpenAI, to move toward public listings.</p><p>He said investor demand for SpaceX remains strong, with funds likely to keep buying as index-related demand increases.</p><p>The New York Times reported last week that OpenAI was considering delaying its IPO until 2027, citing people involved in the company's deliberations. Reuters has reported the company is targeting a valuation of up to $1 trillion.</p><p>According to the NYT, advisers presented OpenAI executives with the option of waiting until 2027 to seek a $1 trillion valuation or accepting a lower valuation for a quicker listing. CEO Sam Altman said any change to the trillion-dollar target was a non-starter.</p></body>
Digital Realty said on Monday it would acquire a majority stake in three fully leased Northern Virginia data centers from Blackstone-managed funds in a deal valuing the assets at $7.8 billion. (Reporting by Jaspreet Singh in Bengaluru; Editing by Vijay Kishore)
Investors are entering the second-quarter earnings season focused on whether heavy artificial intelligence spending by major technology companies will begin translating into stronger revenue growth, according to Wedbush Securities analysts. Wedbush wrote that recent weakness in large-cap...
Comcast stock soars on management’s plans for splitting telecom and media businesses. Here’s what that would mean for CMCSA shares.
Bonds backing Charter Communications popped this morning, buoyed by reports of a potential mobile phone partnership with SpaceX as well as the revelation that rival Comcast Corp. plans to split into two publicly traded companies. Charter stock surged after Bloomberg reported that the company is in discussions to route some phone traffic through SpaceX’s direct-to-cell service, which SpaceX already operates in partnership with T-Mobile. This would enable Charter to pivot from its massive and cost
Super Micro Computer (NASDAQ:SMCI) stock is down 8% to $28.15 in Monday afternoon trading after Taiwan authorities raided the company’s offices on the island as part of a widening investigation into alleged smuggling of NVIDIA (NASDAQ:NVDA) AI chips into China. The raid marks a significant escalation in Taiwan’s enforcement of chip export controls. The move ... Super Micro Plunges 8% as Taiwan Raids Its Offices in NVIDIA AI Chip Smuggling Probe
The GM- and Tencent-backed autonomous-driving firm is seeking a nearly $9 billion valuation.
Nike might be one of the most recognizable brands in the world, but that is no longer enough for Wall Street. Shoppers have more choices in running shoes, lifestyle sneakers, and performance apparel than they did a few years ago. Adidas, On, Hoka, and New Balance have all become stronger ...
Analyst says media spinoff was long overdue.
AppLovin stock jumped back above its 50-day moving average in trading Monday after being called a "strong buy."
SkyBridge founder and former Trump advisor Anthony Scaramucci is standing firmly behind Michael Saylor, dismissing a wave of predictions earlier this summer that Strategy's Bitcoin-heavy balance sheet was headed toward liquidation. In a post on X early Monday, Scaramucci took aim at those who had ...
Wall Street sees strong demand for Innio’s gas-powered data center business, but many analysts say the AI power IPO already reflects much of that optimism.
Investing.com -- Taiwanese government authorities raided offices of Super Micro Computer Inc. on Monday as part of an investigation into alleged smuggling of Nvidia Corp. chips to China using the company’s servers, according to a report by Bloomberg.
Realty Income's 5.3% yield sits well above the S&P 500's average of approximately 1.1% as of June 2026, Yahoo Finance reported. Realty Income pays that kind of income on a monthly schedule, not the quarterly cadence that most dividend-paying companies follow. The San Diego-based real ...
By Munsif Vengattil, Aditya Kalra and Stephen Nellis NEW DELHI/SAN FRANCISCO, June 29 (Reuters) - Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are
Sensitive lists of components and suppliers, and photos of Apple's upcoming iPhone 18 Pro models are part of files posted on the dark web by the ransomware group that stole data from the U.S. firm's Indian supplier Tata Electronics, according to documents and a source. The exposure threatens the carefully negotiated business of building the iPhone, which Apple assembles from a thicket of suppliers worldwide. It could also upset Apple and its relationship with Tata given most of the supplier arrangements are fiercely protected by Apple, and could also hand rivals, counterfeiters and its own vendors a view of who makes what.
Investing.com -- Anthropic said on Monday its Claude family of artificial intelligence models is now available in Microsoft Foundry on Azure, running on NVIDIA’s GB300 Blackwell Ultra GPU systems, marking the AI startup’s first deployment on NVIDIA hardware.
The trades that make headlines are almost never the ones worth studying. The big number grabs the room. The small one, buried near the bottom of a filing, is usually where the thinking lives. For the first half of 2026, money moved in one direction with very little subtlety. Fund managers chased ...
(Bloomberg) -- Super Micro Computer Inc.’s offices in Taiwan were raided by government authorities on Monday, widening an investigation into the alleged smuggling of Nvidia Corp. chips into China using the company’s servers, according to a person familiar with the situation. Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsSupreme Court Leaves Trump’s Fed, Citizenship Gambits for LastUS and Iran Agree to Halt Attacking Each Other Ahead of TalksPrabowo Risks
After gapping up to a 23% one-day gain on earnings, Twilio has pulled back to offer up a new potential buy point.
China's ambassador to Canada, Wang Di, said the shipment would mark the first arrival of Chinese-built cars under a deal allowing up to 49,000 Chinese EVs a year into the country at lower tariff rates.
AI infrastructure and energy profits could drive another strong US earnings season, according to Goldman Sachs strategists.
Comcast plans to separate NBCUniversal and Sky into a new publicly traded company within a year.
Federal disclosures revealed that President Donald Trump acquired between $1 million and $5 million in shares in February, just weeks before ICE reportedly issued a $220 million request to purchase tasers.
IREN Limited (NASDAQ: IREN), the Bitcoin (BTC) miner that is increasingly pivoting itself into an AI cloud provider, has been added to the Russell 1000 Index. The Russell 1000 is a stock market index tracking roughly the 1,000 largest U.S. companies by market capitalization. It represents about 93% ...
Rocket Lab, RTX, and Palantir offer three different ways to gain exposure to space, defense, and military AI.
The annual stress test modeled a sharp economic shock, including steep declines in commercial real estate and home prices, with unemployment surging to 10%, the Fed detailed in its results. All 32 of the nation's largest banks survived the hypothetical downturn, absorbing more than $708 billion in ...
The EchoStar unit is preparing for chapter 11 as soon as Tuesday, as it faces regulatory scrutiny over its network build-out.
📣 “So where previously we believed that the scale and diversification benefits warranted operating these businesses as one company, we now have simply changed our mind about that.” --Comcast's Mike Cavanagh ...
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