A record-breaking May heat wave in Europe, and another prolonged stretch of extreme temperatures this week, highlight the challenges for the continent in dealing with a hotter future. Advocates say there’s a natural building material that could be part of the solution. Hemp, which comes from cannabis plants that have minimal amounts of the psychoactive…
SpaceX (SPCX) stock is in focus on Wednesday after the company completed a successful debt offering. Per a statement Tuesday night, the company announced pricing for a $25 billion bond issuance. The offering will be spread across five tranches of senior notes maturing between 2031 and 2056, with interest rates rising from 5.35% on the…
Defense stocks plummeted on Wednesday after a report that Germany will abandon plans to build six warships, fuelling investor fears that the boost to defense contractors from increased government spending may not fully materialize. Berlin is planning to scrap a multi-billion-euro project to build the F126 frigates, according to multiple media reports, citing people familiar…
The “Magnificent Seven” plus Broadcom (AVGO) and Oracle (ORCL) have lost roughly $2.7 trillion in market value in June, according to Yahoo Finance analysis, as investors take a harder look at the companies funding the AI build-out. Initially, this month’s reset focused on the Magnificent Seven. Now the pressure captures Broadcom and Oracle — two…
‘The Big Money Show’ discusses U.S. control of the Strait of Hormuz, President Donald Trump’s Iran threats, and energy security. President Donald Trump claimed energy companies are engaging in fuel price gouging and said that he has ordered the U.S. Justice Department to investigate. “The big Oil Companies are not dropping their price at the…
What happened: Alphabet (GOOGL, GOOG) shares were up less than 1% in pre-market trading on Wednesday. What’s behind the move: The tech giant will join the Dow Jones Industrial Average (DJI) on June 29, replacing Verizon Communications (VZ) to better reflect the growing sectors of the US economy. Alphabet’s inclusion will “broaden and strengthen the…
LOS ANGELES — Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers have seen by profitably selling a highly customizable EV that starts at just under $25,000. Slate CEO Peter Faricy said every vehicle produced by the Michigan-based EV startup — which is backed by Amazon founder…
President Donald Trump said over 2,000 manufacturing jobs were created in Pennsylvania in recent months during a speech at the Mack Trucks facility in the state. President Donald Trump on Tuesday visited the Mack Trucks facility in Macungie, Pennsylvania, to tout his economic agenda in a battleground district ahead of this fall’s midterm elections. Trump…
Chinese technology company ByteDance, the developer of TikTok, is in preliminary talks with banks for its largest offshore loan of about $20 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. Source link
Rockstar Games®, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), is excited to announce that pre-orders for Grand Theft Auto VI wil… Source link
