SpaceX launch to retrieve NASA astronauts highlights growing lead over Boeing in commercial space industry
When NASA first awarded contracts to provide transportation for its Commercial Crew Program to SpaceX and Boeing (BA) in 2014,…
Oil Steadies After Notching Biggest Weekly Advance Since April
Oil steadied following its biggest weekly gain since April as strength in the dollar offset fears that the conflict between…
Buy Bonds and Gold as Bubble Risk Returns
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making bonds…
Morgan Stanley latest to downgrade ASML on China, memory, Intel concerns
Morgan Stanley (MS) on Friday downgraded earnings estimates for computer chip equipment maker ASML (ASML), the latest brokerage to do…
Nvidia teams up with AI Firm G42 to create climate tech lab
Nvidia Corp. (NVDA) is teaming up with Abu Dhabi-based G42 to create a climate technology lab, marking its first partnership…
Tesla’s European sales dropped 36% in August, as automakers warn of a ‘downward trajectory’ in the EV market
Finally Elon Musk had something to cheer about in Europe for a change—sales of new Tesla cars collapsed by roughly…
SpaceX ‘forcefully rejects’ FAA conclusion it violated launch requirements
SpaceX said Thursday it “forcefully rejects” the Federal Aviation Administration’s conclusion that Elon Musk’s company failed to follow U.S. regulations…
TikTok Is Becoming a Popular News Source for American Adults
TikTok is becoming a regular news source for a growing number of Americans, including young adults, according to a new…
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct…
The stock market dipped after a historic Fed rate cut. Here’s what the experts think
The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50…