SpaceX’s Starship rocket 38 launches during the 11th test flight on October 13, 2025 as seen from South Padre Island in Texas.Gabriel V. Cardenas | Afp | Getty ImagesSpaceX said it has pitched NASA a “simplified mission” to put astronauts back on the moon following criticisms over delays by Sean Duffy, the space agency’s acting administrator.In a company blog post out Thursday, Elon Musk’s aerospace and defense contractor said: “We’ve shared and are formally assessing a simplified mission architecture and concept of operations that we believe will result in a faster return to the Moon while simultaneously improving crew safety.” Earlier this month,…
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An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 3, 2025. Go Nakamura | ReutersAsia-Pacific markets opened mostly higher Friday as investors weighed the state of the economy after the truce between U.S. President Donald Trump and his Chinese counterpart Xi Jinping.Both parties reached a trade truce during a high-stakes meeting in South Korea on Thursday, de-escalating a dispute over rare earth elements that had threatened to push the world’s two largest economies into a full-blown trade war.”Both sides appear to be maintaining leverage for…
Amazon shares surged Thursday in extended trading after the tech giant posted better-than-expected third-quarter results, driven by accelerated revenue growth from its cloud computing unit. The company’s outlook for the fourth quarter was also solid, easing investor fears that it was falling behind in the AI race. Revenue increased 13% year over year to $180.17 billion, beating expectations for $177.75 billion, according to estimates compiled by LSEG. Earnings per share based on generally accepted accounting principles (GAAP) increased to $1.95, compared with $1.43 last year and the $1.57 estimate, per LSEG. Operating income remained flat year over year at $17.42…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Sopa Images | Lightrocket | Getty ImagesNetflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter.The video streaming service has hired Moelis & Co, the investment bank that advised Skydance Media on its successful bid for Paramount Global, to evaluate a prospective offer, two of the sources said. Netflix also has been granted access to the data room, which contains the financial details needed to make a bid, according to two of the sources familiar with the matter.Warner…
While many of the largest tech companies race to build massive data centers for their artificial intelligence ambitions, Apple is taking a more modest approach.Instead of simply buying as many AI chips as possible, Apple buys computing capacity from outside partners, finance chief Kevan Parekh explained Thursday on the company’s fourth quarter earnings call.When Apple does build servers for its AI software, the company is using its own chips — not those from Nvidia or AMD — to power a service it calls Private Cloud Compute.”I don’t see us moving away from this hybrid model, where we leverage both first-party…
new video loaded: Who Is Driving U.S. Attacks in the Caribbean?What’s the main goal of the U.S. military buildup in the Caribbean, and who in the Trump administration is behind it? Anatoly Kurmanaev, a New York Times reporter who covered Venezuela, discusses with Katrin Bennhold what we know and don’t know.By Katrin Bennhold, Anatoly Kurmanaev, Leila Medina, Christina Thornell, Jon Hazell and Stephanie SwartOctober 30, 2025 Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJared Holz, Mizuho, joins ‘Fast Money’ to recap Novo Nordisk’s bid for Metsera and ELi Lilly soaring after earnings beat.04:49an hour ago Source link
CNBC’s Jim Cramer unpacked Thursday’s market action, saying that even though tech stocks took a hit, they might not stay down for long, praising recent quarters from Apple and Amazon.”After Apple’s good quarter and fabulous guidance, and Amazon’s great quarter and great guidance, I wouldn’t be surprised if the money comes right back into tech,” he said. “Tech will be back in the saddle tomorrow.”Stocks dipped during the session as investors analyzed quarterly reports from Big Tech. The S&P 500 declined 0.99%, while the Dow Jones Industrial Average lost 0.23% and the tech-heavy Nasdaq Composite dipped 1.58%.Some of the day’s…
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty ImagesPalantir’s head of global communications said Wednesday that the company’s political shift toward the Trump administration is “concerning.””I think it’s going to be challenging, as a lot of the company is moving pro-Trum-, you know, is moving in a certain direction,” communications chief Lisa Gordon said in an interview at The Information’s Women in Tech, Media and Finance summit.”It’s concerning,” she said, while noting she’s a Democrat…
