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Flurry Of Diplomacy In Iran As Regional Countries Try To Stave Off War - Hezbollah Readies For New Regional War With Funds From Iran, Sources Say - Iran President Urges 'Regional Unity' In Meeting With Mecca Pact Countries - Trump Predicts Canada Trade Dispute Will Be Resolved 'Soon' - EU Plans To Hit China With More I
Elon Musk said on social media that he plans to give one SpaceX share to every child in the United States next year, but offered no timing or donation details. The article says the pledged gift is not official and estimates 72 million shares would be worth $10.6 billion.
New analysis showed investors were upping their purchases of credit default swaps linked to bonds issued by chipmakers and data center builders. A South Korean tech firm’s disastrous IPO offered the latest signal of investor skittishness about the AI trade, even as stock markets appeared to have recovered from a bearis
Market jitters have forced several AI and fintech companies to reconsider their IPO plans for this year. Anthropic could be the AI trade’s last tentpole IPO in 2026, as postponements of public offerings mount ahead of a looming capital crunch. Investors earlier in the year salivated at the prospect of successive SpaceX
Elon Musk said he plans to give one of his SpaceX shares to every child in the U.S. next year through Trump accounts. He did not specify which share class he would provide.
StepStone Group reported fee-related earnings of $106 million for the first quarter of fiscal 2027, up 30% year over year. It also reported a GAAP net loss of $116 million, which management attributed to fair-value changes related to the Private Wealth profits-interest buy-in.
Deutsche Bank sees last week’s sell-off in AST SpaceMobile Inc. (NASDAQ: ASTS ) as a buying opportunity. On Monday, the bank upgraded the satellite broadband developer to Buy from Hold and kept its $93 price target, CNBC reported. The target implies about 82% upside from Friday’s close near $50.97. ASTS stock is climbi
BP said it has curbed production at its Na Kika and Thunder Horse platforms in the Gulf of Mexico as it prepares for Hurricane Isaias. The company said all personnel have been evacuated from both platforms.
A Dow Jones roundup highlighted several company updates, including BP curbing production at two Gulf of Mexico platforms before Hurricane Isaias and Volkswagen being fined $1.3 million by German regulators.
Delta said it posted record revenue in its latest quarter, but the carrier cut its earnings guidance. The stock was falling after Friday's third-quarter results.
Delta Air Lines said it posted record revenue but slashed earnings guidance after third-quarter results. The stock was falling following the report.
Delta said it posted record revenue but slashed earnings guidance after its third-quarter results. The stock was falling after Friday's earnings release.
Dow Jones, S&P 500 and Nasdaq futures were higher early Friday as AI stocks recovered from Thursday's selloff. Delta Air Lines missed views and guided low, while SpaceX said it plans to buy wireless spectrum from Grain Management subject to approval.
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Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
Independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are expected to post near-record earnings for the June quarter. The piece also says war-related supply disruptions have tightened global energy markets.
Aritzia lifted its full-year revenue outlook after U.S. sales rose 60% to C$779.4 million in fiscal second quarter.
SpaceX plans to buy wireless spectrum from Grain Management, subject to regulatory approval. The deal is intended to bolster Starlink and has pressured shares of Verizon, AT&T, T-Mobile US and AST SpaceMobile in after-hours trading.
Dow Jones futures rose 0.2% overnight, while S&P 500 futures added 0.25% and Nasdaq-100 futures gained 0.3%. SpaceX plans to buy wireless spectrum from Grain Management, pressuring Verizon, AT&T, T-Mobile US and AST SpaceMobile in after-hours trading.
Aritzia raised its full-year revenue outlook after U.S. sales rose 60% to C$779.4 million in its fiscal second quarter. The company said U.S. growth accelerated in the period.
Space Exploration Technologies plans to buy wireless spectrum from Grain Management, subject to regulatory approval. The move is aimed at bolstering Starlink and increases competition with Verizon, AT&T and T-Mobile US.
SpaceX plans to buy significant wireless spectrum from Grain Management, subject to regulatory approval. Verizon, AT&T, T-Mobile US and AST SpaceMobile fell in after-hours trading on the news.
Aritzia raised its revenue expectations for fiscal 2027 after stronger U.S. sales supported higher profit and revenue. The Canadian retailer said the new outlook implies revenue growth of 29% to 32% from the prior year.
Space Exploration Technologies plans to buy wireless spectrum from Grain Management, subject to regulatory approval. The news pushed Verizon, AT&T, T-Mobile US and AST SpaceMobile lower in after-hours trading.
Space Exploration Technologies Corp.’s (NASDAQ: SPCX ) credit risk jumped to a record high after reports that Elon Musk’s company plans to raise $40 billion to buy Nvidia Corp. (NASDAQ: NVDA ) chips, adding to its borrowing just months after its first major bond sale. SpaceX Credit Spreads Hit Record High The Financial
Barron's says Nvidia is leaning on backed AI startups such as Lambda, Nscale and Mistral to help sustain long-term growth. The piece also notes Nvidia shares were down 0.7% in early trading at $237.48.
Barron's said Nvidia shares were down 1.1% in premarket trading and pointed to start-ups including Lambda, Nscale and Mistral as potential longer-term growth drivers. The piece also noted Lambda's reported fundraising, Nscale's IPO filing and Mistral's public preview release.
SpaceX plans to raise $40 billion to purchase Nvidia AI chips, including $10 billion in bank loans and $30 billion in investment-grade debt, the Financial Times reported citing people familiar with the matter. Shares of SpaceX fell 1.8% to $168.9 premarket.
Seraphim Space Investment Trust PLC published its monthly newsletter for September 2026, detailing updates on its portfolio investments. Key highlights include co-leading Pixxel's $100m Series C funding round and its $30m investment in Hubble, which raised $200m at a $1.6bn valuation.
* Macquarie maintains "outperform" rating on SpaceX * Cites expanded agreements with Anthropic and its partially successful orbital mission of the Starship rocket * Shares of SpaceX rise 1.8% to 152.01 * Anthropic disclosed agreements with Elon Musk's xAI in its IPO prospectus seen by Reuters that could result in up to