SpaceX reported a 92% revenue increase in Q2 2026, rising from $4 billion to $7.8 billion compared to the previous year. This growth was largely fueled by its Starlink satellite internet service and lucrative AI-related contracts with Anthropic and Google, contributing nearly $2 billion from AI and $1.7 billion from Starlink. The earnings report follows SpaceX's record-breaking IPO, which valued the company at $1.75 trillion and raised over $85 billion. Despite the strong revenue growth, SpaceX's stock price has fallen below its IPO price since going public, closing at just over $125 per share recently.
GH Research PLC has resolved the FDA clinical hold on its investigational new drug (IND) application for GH001, a treatment targeting resistant depression. This clearance allows the company to plan a pivotal phase 3 trial expected to begin in 2026. G...
The Congressional Black Caucus (CBC) is strongly supporting legislation to regulate artificial intelligence, with nearly all of its 62 members ready to vote in favor of AI guardrails to ensure transparency and safety. CBC leaders emphasize the need t...
The US State Department has urged Americans outside the Middle East to reconsider travel due to the risk of rapid escalation in the Iran conflict. Iran insists the Strait of Hormuz will remain closed until its demands are met, including ending the na...
Toyosa, a Toyota dealer in Bolivia, has introduced Bitcoin as a payment option for purchasing Toyota vehicles, adding to its existing payment methods including bolivianos, U.S. dollars, and USDT stablecoins. This expansion follows Bolivia's 2024 regu...
Metaplanet has reduced its stock compensation plan by 41%, lowering the potential shares from 319.5 million to 188.2 million, yet VanEck criticizes the plan as still excessively dilutive. The Japanese company’s stock plan represents 14.7% of fully di...
