Tag: fast
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Musk calls Tesla-SpaceX merger a ‘good idea’ as SpaceX posts first profit as a public company
Oct 20 : Elon Musk said on Tuesday that a merger of his two companies SpaceX and Tesla would be “a good idea” and that they had formed special committees to discuss a union, sending shares of the space and technology company up 4.9 per cent in extended trading.The company earlier posted its first profit…
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BOJ to raise rates to 1.50% in December, sticking to quarterly pace: Reuters poll
TOKYO, Oct 21 : The Bank of Japan will raise interest rates in December to 1.50 per cent, following June and September increases, according to a majority of economists in a Reuters poll, keeping up a quicker pace in a campaign that started with just one rate rise a year.Rising energy and import costs, worsen
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Ngumoha comes of age on breathless Anfield night
LIVERPOOL, England, Oct 20 : Rio Ngumoha had already been billed as one of Liverpool’s brightest young talents, but on a breathless Champions League night at Anfield on Tuesday the 18-year-old delivered the kind of performance that suggested his time had arrived.With Liverpool trailing by two goals against Vi
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Dow outperforms as Wall Street rises, healthcare stocks lead gains
NEW YORK: The Dow rose 1 per cent on Tuesday (Oct 20), outperforming the benchmark S&P 500 while the healthcare sector provided Wall Street’s biggest boost and technology was its biggest drag.Healthcare .SPXHC led gains among the S&P 500’s 11 major sector indexes, h
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Netflix issues weak fourth-quarter forecast, shares drop
LOS ANGELES, Oct 20 : Netflix issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6 per cent of its workforce and replaced two of its top programming executives.Shares of Netflix fell more than 5 per cent to $68.69 in after-hours trading.
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Super Micro sees quarterly revenue soaring on AI server boom
Oct 20 : Super Micro Computer said on Tuesday it expects quarterly revenue and profit margin well above Wall Street estimates as the server maker benefits from relentless AI data center demand, sending its shares 11.3 per cent higher in after-hours trading. Rivals Dell and HPE gained between 3.5 per cent and
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At least 17 data center campuses proposed on US public lands, group says
Oct 20 : At least 35 data center-related applications covering more than 24,000 acres of US federal land are pending or active across six Western states, according to an analysis by conservation group Center for Western Priorities.• US Bureau of Land Management records show at least 17 proposed data center
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Bavuma battles adversity to put South Africa in control
GQEBERHA, South Africa, Oct 20 : South Africa captain Temba Bavuma said he enjoyed battling against adversity as he scored 179 on Tuesday to turn around his side’s fortunes in the second test against Australia and also quell some of his own mental demons.The captain produced a defiant display and showcased
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Anthropic logged net loss of over $80 billion in first half of 2026, WSJ reports
Oct 20 : AI startup Anthropic recorded a net loss of more than $80 billion in the first half of this year, including $72 billion in accounting charges, the Wall Street Journal reported on Tuesday, citing a draft initial public offering prospectus.That compares to a net loss of $13 billion during the same peri
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