SpaceX agreed to testify before the New York City Council about AI safety risks after ignoring an initial subpoena and hearing. The Council had subpoenaed SpaceX following its absence from a hearing with other AI companies like Anthropic, OpenAI, Google, and Meta. Council leaders emphasize the importance of public accountability and safeguards in AI development, criticizing SpaceX's initial refusal to participate. SpaceX’s testimony is expected soon, but the company has not yet announced who will represent it. This comes amid growing concerns about AI risks and calls for stronger regulation beyond self-policing by tech firms.
Elon Musk's SpaceX is set to testify at a New York City Council hearing on AI safety following a subpoena. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 14, 2026 02:21 WIB: Among 150 priced US tech stocks, 74 rose and 73 fell. Notable movers include Kyndryl Holdings Inc (KD) at USD 12.34 with a 4.75% increase and 100% buy order activity, Oracle Corporation (ORCL) at USD 143.66 with a 4.56% rise, and IONQ Inc (IONQ) at USD 34.74 down 4.22% with 77% buy orders.
Gordon Haskett Capital Corporation set a $105 price target for Ollie's Bargain Outlet, suggesting an 18.1% upside from its current price around $89. The company’s board approved an additional $500 million share repurchase authorization, increasing to...
FRUIT Holdings, Inc. introduced PAVE, a new protocol designed to allow AI systems to call on human judgment and authority when needed. This approach ensures that human input retains its value, authority, and attribution within AI workflows, addressin...
AngioDynamics reported a 6.9% revenue increase to $80.9 million and a narrowed adjusted loss of 4 cents per share for Q1 fiscal 2027, with strong Med Tech sales growing 13.2%. Despite beating earnings expectations and improved gross margin, the stock...
Domino's Pizza reported Q3 2026 earnings per share of $4.60, beating analyst expectations of $4.37, while revenue grew modestly by 3.4% to $1.19 billion. Same-store sales growth was minimal at 0.3% in the U.S. and 0.2% internationally, reflecting com...
Citigroup reported Q3 2026 earnings that exceeded analyst expectations, with EPS of $2.85 beating the $2.65 estimate and revenue of $23.8 billion slightly above forecasts. The bank's profit rose 40%, driven by exceptional fixed-income trading, invest...
