Shares of space companies are falling back to earth after a rocket being tested by Jeff Bezos’ Blue Origin exploded Thursday night. Blue Origin had been planning to use New Glenn to deploy commercial satellites for Amazon and other companies and to blast its own cargo lander to the moon. The fallout rippled across the industry, with companies that are tied to Blue Origin—and others that aren't—falling shortly after the opening bell.
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New Texas DMV registration data reveals Tesla has just 42 autonomous vehicles in the state, versus 577 for Alphabet's Waymo
Jeff Bezos walked the factory floor at Blue Origin on May 20, 2026 and used a CNBC interview to propose zero federal income tax for any American earning $75,000 a year or less. He framed wealth inequality as a government efficiency problem, anchoring his argument around a single working person. “There’s this tale of two ... Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan
Prediction market traders are pricing a 78% chance that SpaceX closes its first day of trading above $2 trillion, a valuation that would rank it among the ten most valuable companies in the world, ahead of Saudi Aramco, Tesla, and Meta Platforms. Polymarket contracts also show a 15%...
Shares of Dell Technologies soared nearly 40% in premarket trading on Friday, after robust demand for its Nvidia-powered AI servers prompted the company to raise its annual revenue and profit forecasts. Dell has benefited significantly from data center investments by Alphabet and Amazon, as well as price increases and improved supply chain management. On Thursday, Dell raised its annual revenue forecast to $165 billion to $169 billion from $138 billion to $142 billion, and said it now expects AI server revenue of about $60 billion in fiscal 2027, up from $50 billion.
Stocks rose on reports that Iran and the U.S. had reached a preliminary deal. Meanwhile, Snowflake stock surged after the cloud-software company reported strong earnings and struck a $6 billion deal with Amazon.
While it seems like every retail investor on the planet is going to be fighting over SpaceX shares on initial public offering (IPO) day, I believe this is a classic wait-and-see. Further, aerospace suppliers might be a better way to profit from the SpaceX IPO craze than a direct investment in ...

<body><p>STORY: :: Dell</p><p>Dell shares rocketed higher in after-hours trade Thursday, jumping around 39%.</p><p>The surge came after the computer maker lifted revenue and profit expectations.</p><p>Dell says it is seeing soaring demand for AI-optimized servers used in data centers.</p><p>It’s benefiting as tech giants like Alphabet and Amazon plan to spend over $700 billion on AI-related infrastructure this year.</p><p>Dell now expects annual revenue of up to $169 billion - way up on the previous forecast of up to $142 billion.</p><p>AI server revenue is expected to hit $60 billion for fiscal 2027, $10 billion up on previous expectations.</p><p>The company has been adjusting prices constantly as strong global demand causes the cost of memory chips to soar.</p><p>:: Dell</p><p>On a call with analysts, Chief Operating Officer Jeff Clarke said he knew customers were feeling the pain.</p><p>But he said there was little sign of inflationary pressure easing.</p><p>One analyst told Reuters that Dell looked well placed to cope with the chip shortage, helped by its scale and strong relationships with suppliers.</p></body>
Australia's competition watchdog said on Friday that it has initiated legal action against Amazon's local unit, alleging breaches of product safety labelling laws related to children's backpacks. According to the Australian Competition and Consumer Commission (ACCC), the company is accused of supplying children's "Unicorn Toddler Backpacks" that were not compliant with mandatory safety standards for button batteries.
Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that are powered by Nvidia's powerful chips. U.S. tech giants including Alphabet and Amazon plan to spend over $700 billion on AI infrastructure this year, which would drive up demand for server and data center equipment from suppliers such as Dell and Super Micro Computer. These AI servers are critical for powering services such as ChatGPT, as they are equipped with advanced memory chips to store data and instructions, providing the immense computing power required for such applications.
Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation, marking what could be the AI startup's final private fundraise before a highly anticipated IPO.
Anthropic is more valuable than OpenAI in latest funding round.
The United States Postal Service said Thursday it reached a $10 billion deal to provide “last-mile” package delivery services for DHL eCommerce, an arm of German package services provider DHL. The USPS said in December it intended to open its last-mile delivery network to large and small shippers, expanding beyond current arrangements with Amazon and UPS. Postmaster General David Steiner said in a call with reporters that since the USPS delivers to 170 million locations six days a week, “we are the best last-mile provider by default.”
Best Buy is known for its laptops and smartphones. Best Buy stock surged nearly 17% Thursday after the electronics chain reported first-quarter operating earnings of $1.28 a share, up from $1.15 a year earlier—helped by higher margins and a 2% bump in same-store sales. Best Buy, meanwhile, stoked the uncertainty further when it announced in April that CEO Corie Barry would step down Oct. 31, to be replaced by longtime company veteran Jason Bonfig.
Anthropic on Thursday said it is launching an upgraded Claude Opus 4.8 model even as it works to release its powerful, market-moving Mythos model to all customers in the coming weeks. Mythos is the AI lab's large language model with advanced cybersecurity capabilities that have raised concerns among executives and world leaders about its impact. As a part of Project Glasswing, major tech firms such as Amazon, Microsoft and Apple are permitted to use Mythos for cybersecurity purposes.
Amazon is the biggest online retailer in the world. It’s made tens of billions of dollars in profit, and the company uses that cash to finance its businesses and projects for future earnings growth. Despite the massive take in earnings, the company hasn’t paid cash dividends to stockholders and has ...
Investing.com -- Standard Chartered analyst Geoff Kendrick is standing by a bullish long-term outlook for ethereum, arguing that a disconnect between the token's improving internal metrics and its lagging price is temporary and that a catch-up is only a matter of time.
Remember the ‘SaaSpocalyse,’ the period on Wall Street this year when traders panicked that AI would displace software companies? The move follows strong earnings results from Snowflake yesterday, during which the company issued better-than-expected annual guidance and said it is seeing increasing demand for its artificial intelligence tools. It's an example of how some software companies are adapting to the AI revolution.
There is always one IPO that defines a generation of investors. For people who started buying stocks in the 1990s, it was Microsoft (MSFT) and Amazon (AMZN). For millennials, it was Facebook and Tesla (TSLA). Each one arrived with the same problem, a valuation that looked impossible right up until ...
(Bloomberg) -- Micron Technology Inc. is the third-best performer in the S&P 500 Index this year and at the same time one of the least expensive stocks in the market. While that dichotomy looks bullish on the surface, it may be more of a warning sign than a green light for investors.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarEx-President Biden Sues to Stop DOJ Sharing Interview TapesTwo More Oil S
Snowflake shares soared 36% after-hours on signing an AI deal with Amazon and buying Natoma, a platform for enterprise AI agents.
Snowflake stock soared amid Q1 earnings and revenue that topped estimates. The software maker hiked full-year sales guidance.
Shares in Snowflake soared 30% after the market closed Wednesday following a Wall Street Journal report that Amazon Web Services has signed up the cloud-storage company as its latest chips customer. Snowflake, whose shares have bounced back of late after a slump earlier this year, also reported quarterly earnings on Wednesday.
The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares soared 30% after the closing bell.
Walmart (NASDAQ: WMT) stock has dropped 11% over the past five trading days. This downturn comes right on the heels of the company's recent Q1 2027 earnings release, where, despite strong e-commerce growth and beating revenue forecasts, the stock faced immediate pressure. It is a pullback that should make investors take notice.
The biggest IPO conversation right now centers on SpaceX’s reported June 12 listing. Gavin Baker, founder and Chief Investment Officer of Atreides Management, thinks investors are watching the wrong name. On a recent episode of the Invest Like the Best YouTube channel, Baker argued that Anthropic, the private AI lab behind Claude, has a more ... An Upcoming IPO Could Soon Surpass NVIDIA As The World’s Most Valuable Company (It’s Not SpaceX)
Non-European satellite operators such as Elon Musk's Starlink and Amazon's low-earth-orbit business can bid for mobile satellite spectrum, the European Commission said on Wednesday, leaving the door open to U.S. companies while also decreasing the share of spectrum they will be able to acquire. But the push has been marked by internal divisions at the Commission, with some wanting to be more aggressive and others wanting a more gradual line. Two thirds of the available spectrum will be divided equally between EU and non-EU operators for commercial use, the EU executive said, confirming a Reuters report.