The SpaceX (SPCX) stock sell-off continued on Tuesday, dipping below its market offering price before rebounding. SpaceX stock was down 3% to around $149 before recovering, a notable move given the stock debuted on June 12 at $150. It’s a psychologically important level and indicative that SpaceX is following other major market debuts that eventually…
A pedestrian walks by a now hiring sign posted at a gas station on June 5, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Job cuts at U.S. factories ran near their highest levels since the end of the global financial crisis in 2009 and the Covid-19 pandemic as worries grew over global…
What happened: Bitcoin (BTC-USD) dropped more than 4% on Tuesday to hover above $62,000 per token. What’s behind the move:Â The world’s largest cryptocurrency sank alongside the overall market as tech stocks fell. Bitcoin’s trajectory this week has mostly followed the major averages, particularly the tech sector. The token turned lower overnight “as investors seem keen…
SpaceX has inked a multibillion-dollar agreement to provide computing resources to artificial intelligence startup Reflection AI, the latest in a string deals from Elon Musk’s firm as it vies to become an AI infrastructure provider. Source link
Summary US markets extended losses Tuesday with the Nasdaq falling more than 2% as volatility swept through global technology stocks. South Korea’s market plunge saw Samsung and SK Hynix tumble more than 12% as chipmakers drove losses across Asia. Traders worry AI valuations have climbed too high. AI-generated summary was reviewed by a CNN editor….
Shares of Elon Musk’s SpaceX tech conglomerate plunged 16% Monday to close below their price on June 12, the date of its massive initial public offering. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. It was the third straight trading day of declines for a company that just…
Created in September 2022 on the initiative of Rolex, Richemont and Patek Philippe, Watches and Wonders Geneva Foundation is a non-profit foundation based in Geneva with a mission to promote watchmaking by organizing the annual Geneva Salon. Chanel, Hermès and LVMH are also members of the WWGF Board. Anchored by Rolex, Patek Philippe, and Richemont…
In its statement, Taiwan’s agriculture ministry said authorities would focus on “sustainable agricultural development and stable income for farmers”, and “continue to guide the atemoya industry toward diversified processing”, including by producing frozen fruit products, puree and wines. Source link
The cuts are part of a wider trend among tech firms as they spend hundreds of billions of dollars on AI infrastructure. Source link
Ft. Lauderdale DDA CEO Jenni Morejon, DaGrosa Capital Partners founder Joe DaGrosa and Naftali Group CEO Miki Naftali speak to Fox News Digital about how SpaceX, OpenAI and Anthropic IPOs could trigger another exodus to Florida. A fresh wave of Silicon Valley wealth could soon flow into South Florida. With OpenAI quietly filing for a…
