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Elon Musk says SpaceX could be worth more than earth
TheStreet84d agoneutral
Elon Musk says SpaceX could be worth more than earth

Elon Musk has never been accused of thinking small. But his latest statement may be his most audacious yet. Responding to a user on X questioning the strategic logic of a SpaceX AI deal with Anthropic, Musk cut straight to his vision. "You don't seem to understand that SpaceX will be ...

📹 Watch: Why Investors Are Worrying Over the AI Bond Boom
The Wall Street Journal84d agoneutral
📹 Watch: Why Investors Are Worrying Over the AI Bond Boom

Amazon became the latest company to launch a giant U.S. bond offering this week to invest in its artificial-intelligence ambitions. WSJ’s Telis Demos explains what the AI boom’s move into the bond market means for investors.

Citi sends strong signal to Nvidia investors amid rumors
TheStreet84d agoneutral
Citi sends strong signal to Nvidia investors amid rumors

Nvidia stock hit an all-time high on May 14, 2026. Since then, it has lost roughly $1 trillion in market value. The stock is down about 16% from that peak, trading around $204, while the broader market has mostly moved higher. For investors who bought in during the spring run-up, it has been a ...

Chipotle set for stronger second half as sales trends improve, UBS says
Proactive84d agoneutral
Chipotle set for stronger second half as sales trends improve, UBS says

Chipotle Mexican Grill Inc (NYSE:CMG) is expected to report second quarter same-store sales roughly in line with Wall Street expectations, while momentum could improve in the second half of 2026 as pricing actions, menu innovation and operational initiatives begin to offset ongoing macroeconomic...

Delta CEO Says Fliers Can Afford These Higher Fares
The Wall Street Journal84d agoneutral
Delta CEO Says Fliers Can Afford These Higher Fares

Airlines have passed soaring fuel costs along to travelers for months, and industry observers have watched for signs that consumers hit their limit. But airline executives say it hasn’t happened yet, and Delta said Friday that volatile fuel prices won’t knock its year off course.

Warburg Pincus Near Over $7 Billion Deal for Specialty-Pharmacy Company
The Wall Street Journal84d agoneutral
Warburg Pincus Near Over $7 Billion Deal for Specialty-Pharmacy Company

Private-equity firm Warburg Pincus is near a deal to buy specialty-pharmacy company PantheRx Rare for over $7 billion, including debt, according to people familiar with the matter. PantheRx Rare is owned by an investor consortium that includes private-equity firm General Atlantic. A deal could come together soon, the people said, cautioning that nothing is finalized and the timing could still slip.

Elon Musk SEC settlement raises 'red flags,' judge says
TheStreet84d agoneutral
Elon Musk SEC settlement raises 'red flags,' judge says

Being the richest person in world history comes with its own headaches, and Elon Musk has a migraine-sized one when it comes to his legal battles. Tesla is being sued for autopilot crashes, for misleading statements about Robotaxi, and for alleged workplace discrimination. Musk himself was recently ...

Natural-Gas Prices Sink as Texas LNG Terminal Closes for Maintenance
The Wall Street Journal84d agoneutral
Natural-Gas Prices Sink as Texas LNG Terminal Closes for Maintenance

Power demand is surging to keep America's air conditioners running, but prices are falling for the fuel that helps generate much of the country's electricity. Natural-gas futures are on track to drop more than 10% this week, an unusual move during such steamy weather. The pressure on prices is coming from domestic stockpiles that have continued to swell despite the heat as well as from a maintenance shutdown at a big liquefied natural gas export terminal.

Financial Services Roundup: Market Talk
The Wall Street Journal84d agoneutral
Financial Services Roundup: Market Talk

Find insight on China’s property sales growth, St. James’s Place, Sovereign Wealth and more in the latest Market Talks covering financial services.

Bloomberg84d agoneutral
US Eases Export Curbs on UAE, Opening Door for AI Chip Sales

(Bloomberg) -- The Trump administration plans to ease export restrictions on the United Arab Emirates, clearing the way for the Gulf state to buy a wide range of advanced technologies including commercial satellites and semiconductors used for artificial intelligence. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsRyanair Passenger Partly Sucked From Jet After Window BreaksPrabowo’s Clam

Why Morgan Stanley thinks Rocket Lab is becoming 'Player 2'
TheStreet84d agoneutral
Why Morgan Stanley thinks Rocket Lab is becoming 'Player 2'

Talk around Rocket Lab this summer keeps circling back to one idea: that the company is becoming the next SpaceX. It is an easy comparison to make and a hard one to justify. SpaceX is now a nearly $2 trillion public company after its record-breaking initial public offering in June, while Rocket Lab ...

Delta Air Lines Q2 Earnings Call Highlights
MarketBeat84d agoneutral
Delta Air Lines Q2 Earnings Call Highlights

Delta Air Lines (NYSE:DAL) reported record June-quarter revenue and better-than-expected profitability, with executives telling analysts that strong demand, fare momentum and diversified revenue streams are supporting the carrier’s full-year outlook despite a sharp increase in fuel costs. Chief Exe