News

Tucked inside SpaceX’s pre-IPO S-1 filing are two project names most investors have never heard. Macrohard is an agentic AI software platform, and Terafab is a vertically integrated chip fabrication initiative. Tesla is the partner on both. SpaceX disclosed that financial terms, intellectual property rights, and the ultimate term of the collaboration are not yet ... Macrohard and Terafab: The Tesla and SpaceX Joint Ventures Wall Street Hasn’t Priced In

Cryptocurrency exchange Binance is letting investors bet on the valuation of SpaceX ahead of the company’s up...

Full-year net sales reach $1.636 billion, while gross margin contracts on tariff pressures

Tesla stock rose early Thursday after SpaceX filed its IPO registration statement, fueling speculation about a megamerger between the two companies as their ties and overlap deepen. Tesla stock was up 1.2% in premarket trading at $422.18, while and futures were down 0.3% and 0.2%, respectively. The move comes after the Wednesday evening release of SpaceX’s IPO filings.

The software company isn’t an AI native. But Aneel Bhusri has established an AI task force and is launching new agents for IT and corporate travel.

(Bloomberg) -- Blockchain.com Group Holdings Inc., one of the oldest crypto exchanges, has filed confidentially with the US Securities and Exchange Commission for an initial public offering, joining the spate of digital asset companies seeking to go public amid one of the most turbulent periods for the sector. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond M

For all the hype over those two IPOs, South Korea’s SK Hynix could be the hottest new AI story for American investors in the coming weeks. The memory-chip maker has already filed an application to list American depositary receipts with the Securities and Exchange Commission. The size and pricing of the listing haven’t been decided, but SK Hynix could raise up to $10 billion according to local Korean media reports.

The S-1 IPO registration statement for Elon Musk’s rocket company SpaceX arrived late Wednesday afternoon. SpaceX is going after what it describes as a $28.5 trillion addressable market “to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The IPO is expected to raise a record amount of money, valuing Elon Musk’s company at roughly $2 trillion—enough to turn the world’s richest person into a trillionaire.

The retailer said shoppers pushed its grocery, general merchandise and online sales higher in the most recent quarter.

(Updates headline and story to add additional information from the Devon Energy press release throug

A federal employee retiring at 62 after 30 years of service with a “high-3” salary average of $90,000 would receive an estimated FERS basic pension benefit of roughly $29,700 annually, based on the standard formula: 1.1% × 30 years × $90,000. For private-sector workers without access to a defined-benefit pension, that figure provides a useful ... You Do Not Need 30 Years of Federal Service to Build a Pension. Here Is the $495,000 Dividend Portfolio That Pays Like One

Higher interest rates could trigger a recession, JPMorgan Chase CEO Jamie Dimon has warned, as the market frets that a flare-up in inflation will bolster the case for central banks to tighten monetary policy. Dimon also discussed JPMorgan’s artificial-intelligence strategy in the interview in Shanghai, saying that the company was using the technology for risk, fraud, marketing, design, and several other functions. “It’s the tip of the iceberg, it’s moving very quickly,” Dimon added, predicting that JPMorgan would hire more AI talent and fewer bankers in certain categories.

The Trump administration hopes to spur “a new era of American innovation,” Commerce Secretary Howard Lutnick says.

US equity futures were falling pre-bell Thursday despite upbeat fiscal Q1 financial results posted b

(Bloomberg) -- The new artificial intelligence enterprise services firm backed by Blackstone Inc., Anthropic PBC and Hellman & Friedman has picked a San Francisco firm called Fractional AI as the operational centerpiece of the as-yet unnamed venture. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI I

Despite outperforming the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on FedEx’s long-term growth potential.

The retailer beat revenue expectations but issued a second-quarter profit outlook that fell short of Wall Street forecasts

The US government will take equity stakes worth a total of $2bn in a slew of quantum computing companies, including a start-up backed by a firm...

CrowdStrike, Snowflake, Palo Alto Get Bullish Calls Ahead of Earnings

US equity markets were trending lower before the opening bell Thursday as traders monitor the latest

The equipment maker posted $13.37 billion in revenue, topping expectations, while maintaining its full-year profit forecast of $4.5 billion to $5 billion

The Federal Reserve and banking regulations can have big impacts on profitability for these banking giants.

The smart money read on Wells Fargo (NYSE: WFC) following the $110 million lending and hiring discrimination settlement approved by a federal judge is clearly constructive. Sell-side analysts carry a buy-skewed consensus and a 12-month price target well above where shares trade today, while insiders have been net buyers into the settlement window. The Hard ... Wall Street’s Verdict on Wells Fargo After the $110 Million Discrimination Settlement

An investigational drug developed by Eli Lilly delivered clinically meaningful weight loss in a trial, the company said as it looks expand its obesity treatment portfolio amid soaring demand.

Walmart delivered another quarter of impressive sales as speedy deliveries and low prices served as a magnet for shoppers across the income spectrum. Walmart has resonated with many Americans who are increasingly careful about where they spend their money as inflation has taken a bigger bite out of paychecks, particularly since the start of the Iran war in late February. Traffic at Walmart can be a barometer of consumer spending given its vast customer base.

Fed meeting minutes show officials won’t rule out rate hikes, Target’s turnaround is underway, OpenAI prepping IPO filing, and more news to start your day.

Ehrenp ent Tesla SpaceX reviewed his Tesla ties reis Director investor before ​determining he met Nasdaq since and independence standards. February director Expected to ‌chair SpaceX's 2026 Compensation and Nominating Committee post-IPO. Randy Independ Co-found Served as a SpaceX board observer Glein ent er of for more than 16 years before Director DFJ formally joining the board.

Walmart delivers another quarter of impressive sales but economic uncertainty elicits a cautious financial outlook.

Wall Street has always had a language problem. Analysts write dense, 40-page reports full of "EPS revisions" and "addressable market assumptions" that most investors never finish. Then someone like Jim Cramer shows up and says four words that cut through all of it. That's the thing about the AI ...

The retailer said shoppers pushed its grocery, general merchandise and online sales higher in the most recent quarter.