SpaceX's AI business reported a $6.4 billion operating loss in 2025, up from a $1.6 billion loss the previous year, reflecting heavy investment in AI compute infrastructure and growth initiatives. The company has deployed AI training clusters with over 1 gigawatt of compute power and expects a multi-year investment phase before achieving profitability. Unlike typical AI companies, SpaceX plans to sell AI compute, intelligence, design chips, and even deploy AI infrastructure in orbit, targeting a $26.5 trillion market opportunity. Elon Musk views these losses as strategic investments in building a vast AI infrastructure rather than mere expenses.
Milestone Pharmaceuticals announced the grant of 33,000 stock options to a newly hired employee as an inducement under Nasdaq Listing Rule 5635(c)(4). The options, priced at $0.72 each, will vest over four years with a one-year cliff and monthly inst...
The xZEC token has been launched on the Solana blockchain through the Hylo platform, marking its entry into a new network for digital assets and applications. Hylo, known for developing leveraged tokens and the decentralized stablecoin hyUSD on Solan...
Nova Klúbburinn hf. has completed a share buyback program, acquiring 122,699,386 shares at an average price of ISK 3.26 per share. The buyback was part of an inverse offer process with valid bids for 159,526,476 shares. The company accepted bids up t...
Delcath Systems, a small-cap healthcare equipment company, is expected to announce strong Q3 results on November 9, with a high chance of beating revenue estimates. The company’s recent success in the CHOPIN phase II trial and expansion of treatment ...
Source Capital (SOR) has delivered an 8.1% total return over the past year with a low 5.8% volatility, outperforming standard 60/40 ETFs. The fund maintains a conservative portfolio with 16% cash and 48% equities, focusing on risk management and defe...
