Planet Labs PBC (NYSE:PL) shares are trading higher on Wednesday. The company announced it has begun recruiting talent for its upcoming satellite manufacturing facility in Berlin, marking a key step in its European expansion, with momentum also supported by its earnings report released Thursday. Hiring Underway For Berlin Facility Planet Labs Germany said it has […]
Strategy Buys Just 1,031 Bitcoin After Two Weeks Of $1B+ Purchases: What Changed?
Strategy (NASDAQ:MSTR) purchased 1,031 Bitcoin (CRYPTO: BTC) for $76.6 million last week, a dramatic slowdown from over $1 billion in purchases during each of the previous two weeks when the company issued STRC preferred shares. The Slowdown Explained Strategy funded last week’s purchase entirely through common stock sales rather than STRC preferred shares, marking a […]
Amazon Eyes Smartphone Comeback — ‘Transformer’ Project Reportedly Targets AI-Driven Future
Amazon.com Inc (NASDAQ:AMZN) is dialing up a second attempt at the smartphone market. More than a decade after the Fire Phone was scrapped, the e-commerce giant is developing a new device known internally as “Transformer.” The project lives within Amazon’s devices and services unit. The initiative aims to fulfill founder Jeff Bezos’ vision of a […]
AerCap Orders 100 Airbus Jets To Drive ‘Long-Term Growth’: CEO
AerCap Holdings N.V. (NYSE:AER) on Wednesday announced a major Airbus SE (OTC:EADSY) narrowbody deal, reinforcing demand for the A320neo and strengthening its long-term leasing growth outlook. AerCap ordered 100 Airbus A320neo Family aircraft, including the exercise of 45 existing options, while adding another 55 aircraft to its order book. In parallel, the company will enter […]
Dow Jumps Over 500 Points; NY Empire State Manufacturing Index Falls in March
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 500 points on Monday. Following the market opening Monday, the Dow traded up 1.14% to 47,091.01 while the NASDAQ rose 1.38% to 22,411.52. The S&P 500 also rose, gaining, 1.24% to 6,714.50. Check This Out: How To Earn $500 A Month […]
Ark Invest Warns 35% Of Bitcoin Supply Could Face Future Quantum Risks
A new report from Ark Invest and Unchained says advances in quantum computing could eventually challenge Bitcoin’s (CRYPTO: BTC), cryptography, though the threat remains distant for now. Quantum Computing Could Challenge Bitcoin’s Security A report titled “Bitcoin and Quantum Computing” by ARK Invest and Unchained said current quantum machines remain far from powerful enough to […]
Kala Bio Chases ‘Palantir for Biotech’ Dream with New AI Platform
Kala Bio Inc. (NASDAQ:KALA) shares are up during Wednesday’s premarket session as the company is preparing to ship its first commercial AI product in approximately 14 days. Kala Bio Ready to Ship First AI Product Kala Bio announced that it is ready to ship its first commercial AI product, which is expected to transform the […]
Elon Musk Mocks Jim Cramer’s 2010 Tesla Predictions: ‘Inverse Cramer Is Incredible’
Elon Musk took a playful swipe at CNBC host Jim Cramer, referencing the “Inverse Cramer” meme. On Monday, Musk reacted with a laughing emoji on X to a 16-year-old video of Cramer, who had written off Tesla Inc. (NASDAQ:TSLA) as a sound investment. Musk’s response brought attention to the “Inverse Cramer” meme, which posits that contradicting Cramer’s advice […]
Newsletter
Elon Musk Reacts After EV Enthusiasts Take Cybertruck Driving From Florida To Arctic Ocean: ‘Cool’
September 4, 2024
Four Tesla Inc enthusiasts made it to the Arctic Ocean in their Cybertrucks on Tuesday from Florida to much applause from the company and its billionaire CEO Elon Musk. What Happened: Justin Demaree, Rafael Santoni, Nancy, and Gary Mark on Tuesday made it to the Arctic Ocean in two Cybertrucks covering 5500 miles on the […]
Read More