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SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

Nvidia and Wall Street Giants Plan $500 Billion Financing Push for AI Infrastructure

Nvidia is reportedly teaming with major Wall Street banks on a $500 billion financing push to fund the global buildout of AI infrastructure.

Vertex Shares Climb as Rival Sionna’s Cystic Fibrosis Drug Fails Key Trial

Vertex Pharmaceuticals shares surged after rival Sionna Therapeutics saw its stock plunge roughly 90% on a failed cystic fibrosis drug trial.

US Appeals Court Clears Path for Thousands of Social Media Addiction Lawsuits

A US appeals court has allowed thousands of lawsuits accusing social media firms of addicting young users to move forward, testing Section 230 protections.

Amazon Unveils Amelia: AI Tool to Support Third-Party Sellers with Account Management and Data Insights

Amazon is launching a new AI tool named Amelia, designed to assist third-party sellers with managing their accounts, accessing sales data, and resolving issues...

Nio Launches Budget Brand Onvo with L60 SUV, Aims to Challenge Tesla in China and Beyond

Chinese electric vehicle manufacturer Nio has introduced its new budget brand, Onvo, with the launch of the L60 SUV. Priced as low as 149,900...

Tech Stocks Surge as Investors React to Federal Reserve Rate Cut

Investors flocked to tech stocks at one of the fastest rates this year, following the Federal Reserve's decision to cut its benchmark interest rate...

Intuitive Machines Secures $4.82 Billion NASA Contract for Lunar Satellite Constellation

Intuitive Machines' stock soared on Wednesday after NASA awarded the lunar-focused company a significant contract to build and deploy a constellation of satellites dedicated...

Darden Restaurants Reports Mixed Q1 Results; Olive Garden and Fine Dining Sales Decline

Darden Restaurants reported weaker-than-expected earnings and revenue for the first quarter, impacted by declining sales at Olive Garden and its fine dining establishments. For...

JetBlue to Launch First Airport Lounges and Premium Credit Card in Pursuit of High-Spending Travelers

JetBlue Airways is set to open its first-ever airport lounges as it aims to attract more high-spending travelers. This new venture marks a significant...

U.S. Existing Home Sales Decline in August Amid Tight Supply and High Prices

Sales of previously owned homes fell 2.5% in August compared to July, reaching a seasonally adjusted annualized rate of 3.86 million units, according to...

Disney to Phase Out Slack for Internal Communication After Data Breach

The Walt Disney Company has announced that it will discontinue the use of Slack for internal communications following a significant data breach earlier this...

Nike CEO Transition: Elliott Hill Takes Over from John Donahoe Amidst Strategic Restructuring

Nike has announced a leadership change, with CEO John Donahoe stepping down and company veteran Elliott Hill coming out of retirement to take over....

Microsoft and BlackRock Lead $100 Billion Initiative for AI Data Centers and Energy Infrastructure

Microsoft and BlackRock are leading a coalition of companies to raise up to $100 billion in a new initiative aimed at developing data centers...

Pharmaceutical Giants Invest in Radiopharmaceuticals for Cancer Treatment

Pharmaceutical companies are increasingly investing in radiopharmaceuticals, a promising technology that targets cancer cells with radioactive materials, aiming to reduce the damage to healthy...

Charter Communications Unveils “Life Unlimited” Initiative to Improve Customer Experience

Charter Communications, the parent company of Spectrum, is rolling out a series of new initiatives aimed at improving customer satisfaction and enhancing its service...

Flutter Entertainment Acquires Snaitech in $2.6 Billion Deal to Expand in Italy

Flutter Entertainment, the parent company of FanDuel, is set to acquire the Italian gambling company Snaitech from Playtech for $2.6 billion (2.3 billion euros),...

SpaceX Secures Major In-Flight Wi-Fi Deal with United Airlines, Expanding Starlink’s Reach

SpaceX's Starlink in-flight Wi-Fi service took a significant leap forward last week by securing a major deal with United Airlines. With this new partnership,...

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