Tag: business news
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SpaceX is a buy as the rocket company can solve one major bottleneck, says Pivotal Research
The research firm initiated coverage on the stock with a buy, believing that the company will find a way to reuse its Starship launch vehicles.
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The U.S. is trying to reduce its reliance on China for batteries. Here’s what it’s up against
The Department of Energy has given grants to small battery tech companies. But the U.S. has a few years to do what took China decades.
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Earnings upside for this defense giant isn’t being appreciated by investors, says UBS
The bank upgraded Lockheed Martin to buy from neutral.
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TSMC, Samsung commit to ASML’s newest chipmaking tools as AI drives demand
TSMC and Samsung will adopt ASML’s High NA EUV tools for advanced chipmaking as AI drives demand for smaller, more complex semiconductors.
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Crypto platforms have lost over $3.63 billion to cyberattacks — even though most of them did security checks
More than 60% of cryptocurrency platforms that lost money due to cyberattacks had undergone independent security audits, CoinGecko said.
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Mistral bags $24 billion valuation as Samsung leads funding for Europe’s AI champion
Mistral is betting on open-weight AI models to help it compete with players like OpenAI and Anthropic.
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Global markets keep shrugging off shocks. Here’s what could break that streak, according to HSBC
Markets have shrugged off a barrage of shocks in recent years but that resilience may not last forever, according to HSBC.
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Nvidia supplier Wistron’s shares drop after it announces $1.5 billion global stock sale
Wistron shares fall Tuesday after announcement of $1.5 billion global share sale
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Crashed Amazon cargo jet struck two vehicles, ended up 1,300 feet past runway, NTSB says
The chair of the National Transportation Safety Board didn’t provide details on the cause of the crash in Miami, which killed at least five people.
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SpaceX rival launches rocket in historic first, says industry is ‘desperate’ for more
Isar Aerospace reached orbit on its second test flight as the German rocket startup looks to scale production amid booming satellite launch demand.
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