Redwire Corp. (NYSE:RDW) and Sophia Space said Wednesday they signed a memorandum of understanding to explore development of scalable computing infrastructure in orbit. The companies plan to combine Sophia Space’s modular orbital computing architecture with Redwire’s space infrastructure technology. That includes deployable systems, solar power, thermal management, avionics and spacecraft integration. Partnership Targets Orbital Computing […]
‘Why Are There Starlink Ads on TV But No Tesla Ads?’
Tesla Inc. (NASDAQ:TSLA) investor Ross Gerber is questioning Elon Musk’s marketing strategy as gasoline prices climb across the U.S. and Wall Street lowers its expectations for the electric vehicle maker’s third-quarter deliveries. Ross Gerber Questions Tesla’s Advertising Strategy On Friday, Gerber, CEO of Gerber Kawasaki Wealth & Investment Management, took to X to ask why […]
Bitcoin’s Rare August-September Streak Puts $100K In View This ‘Uptober’
Bitcoin (CRYPTO: BTC) is on track for its first positive August-September combination since at least 2013, a pattern that historically sets up a strong “Uptober.” Why the Back-to-Back Green Months Matter CoinGlass data shows Bitcoin gained 24.95% in August, its third-strongest August since 2013 and best since 2017, crushing the historical August average of 2.82%. […]
ON Semiconductor’s $100 Bull Case Runs Into a Bearish Chart
ON Semiconductor Corp (NASDAQ:ON) shares are trading down almost 2% on Wednesday as chip stocks track a risk-off tape and traders lean defensive. The Nasdaq is down 1.05% while the S&P 500 has shed 0.55%, and Technology is also lagging with a 1.0% loss. Seaport Global analyst Jay Goldberg initiated coverage with a Buy rating […]
USA Rare Earth Rides Greenland Rally — But It Owns Nothing There
USA Rare Earth Inc. (NASDAQ:USAR) shares are trading higher, likely moving in sympathy with rare earth peers following a new U.S.-Greenland security agreement, even though the company holds no assets in Greenland itself. USA Rare Earth stock is charging ahead with explosive momentum. What’s behind USAR gains? Trump Says US To Expand Military Presence Under Greenland […]
Applied Digital Surges After Wells Fargo Names Stock a Top Pick With $50 Price Target
Shares of Applied Digital Corp. (NASDAQ:APLD) are trading higher Thursday afternoon as a broader equity market rebound propelled AI infrastructure and digital hosting providers. The afternoon strength was catalyzed by a major sell-side endorsement published on Thursday from Wells Fargo, which designated APLD as a “Top Idea” and initiated coverage with a $50 price target. […]
Critical Metals Stock Climbs After Breakthrough Tanbreez Rare Earth Results
Critical Metals Corp. (NASDAQ:CRML) shares are trading higher Wednesday after the company announced breakthrough results from its Tanbreez heavy rare earth project, including greater than 99% dissolution of eudialyte concentrate into 19 ultra-high-purity rare earth products. Critical Metals stock is surging to new heights today. Why is CRML stock up today? Critical Metals Refinery Study Projects […]
Top Analyst Warns AI Slowdown Could ‘Crimp’ Microsoft, Alphabet, Meta, Amazon and Other Earnings
Citigroup warned that growing safety concerns around artificial intelligence could threaten the impact of AI on corporate earnings, prompting the banking giant to take a more cautious stance on U.S. stocks. A team led by Stuart Kaiser, head of U.S. equity trading strategy at Citigroup, warned in a Sunday note, reported by MarketWatch, to clients […]
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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 […]
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