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SpaceX Faces Its Biggest Test Since Going Public. Its First Earnings Report Could Reverse a $1 Trillion Stock Rout.
SpaceX will report its first quarterly earnings as a publicly traded company on Tuesday after market close, marking a pivotal moment for Elon Musk's aerospace and artificial intelligence giant...
Trump Targets A New Piece Of China’s AI Supply Chain. Data Center Equipment Faces Fresh U.S. Curbs
The Trump administration is preparing new restrictions on Chinese technology used inside American data centers, according to a new report.Reuters detailed that officials are drafting a proposal that would...
A Republican Lawmaker Is Facing Abuse Allegations. Trump Called To Let Him Know ‘Things Aren’t Looking Good’ For His Reelection Prospects
President Donald Trump reportedly called Republican Congressman Max Miller to let him know that "things aren't looking good" for his reelection prospects following accusations that he assaulted his ex-wife...
Qatar Turned To U.S. Gas As Hormuz Closed. Emergency LNG Purchases Reached About $1 Billion
QatarEnergy significantly increased purchases of U.S. liquefied natural gas this year after exports from Qatar were disrupted during the conflict involving Iran, underscoring how quickly global LNG trade can...
An Expert Is Claiming The Governments And Companies Are Racing To Build Artificial Superintelligence. He’s Sounding The Alarm
After trade, chips and technology, a new battle has taken center stage between China and the United States: artificial intelligence.First came the breakout of Chinese company DeepSeek in January...
OpenAI Veteran’s Hedge Fund Implodes After Wall Street Banks Reduce AI Bet Exposure
Ken Griffin, founder and CEO of multinational hedge fund Citadel, speaks during the 29th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May...
Microsoft Surges, Meta Sinks As Investors Demand Returns From AI Spending
KEY POINTSMicrosoft shares jumped 10% while Meta tumbled 10% even as both companies devoted considerable resources to AI investments.Microsoft's 43% surge in Azure revenue and 10 million additional paid...
The Debate About The Cost Of Ai Has Taken Centerstage. OpenAI is Cutting The Price Of Two Models
OpenAI is cutting prices for two of its models as the debate over the technology's costs takes centerstage.The company said the cost of the Terra model will be slashed...
South Korea Revives Its Crypto Tax Plan. Parliament Will Decide Whether It Survives
South Korea is once again preparing to tax cryptocurrency profits, setting up another political battle over investor protection, overseas trading and the future of digital asset regulation.The proposal would...
Samsung Says The AI Chip Boom Isn’t Slowing. It Expects Supply To Stay Tight Until 2028
Samsung Electronics says the artificial intelligence boom is far from reaching its peak, warning that tight supplies of advanced memory chips could persist until at least 2028 as technology...
The Dow Lost 1,000 Points In A Day On Thursday. Here’s How The Index Has Behaved After Throughout History
The Dow Jones Industrial Average suffered another dramatic selloff Wednesday, dropping more than 1,000 points after the Federal Reserve left interest rates unchanged while oil prices climbed toward $85...
Amazon’s Robotaxis Have Been Approved For Use. Zoox Will Now Begin Charging For Rides
Amazon's autonomous robotaxis can begin charging people for rides after gaining a series of approvals from the National Highway Traffic Safety Administration (NHTSA).The temporary exemptions granted by the NHTSA...