SpaceX postponed the first launch of its third-generation Starship rocket from Texas due to a hydraulic issue with the launch tower arm. The company plans to retry the launch on Friday. This launch is critical as it tests upgraded hardware and comes just weeks before SpaceX's anticipated IPO. The new Starship version features design improvements for reliability and reusability, but this flight will not attempt vehicle recovery or orbit insertion. Success is key for SpaceX's future, especially to support its Starlink satellite business.
Last week, large-cap stocks in sectors like technology, electric vehicles, data centers, and healthcare experienced declines due to weak earnings guidance, regulatory worries, rising bond yields, and increased competition. Notable losers included Int...
Amazon's Bee is an AI-powered wearable that records, transcribes, and summarizes conversations to help users stay organized, especially in professional settings. It syncs with calendars to provide reminders and can generate summaries of meetings, alt...
NEAR Protocol surged about 54% over the past week, driven by a short squeeze, growing interest in AI-related blockchain projects, and its chain abstraction technology. Short sellers faced heavy liquidations, forcing buybacks that accelerated the pric...
Microsoft reported strong Q3 results with an 18% increase in revenue and 20% growth in operating income, driven by robust demand for Azure cloud services which grew 40%. The company’s AI business is expanding rapidly, with AI annual run rates exceedi...
Blockstream CEO Adam Back renewed his criticism of altcoins and memecoins, suggesting efficient markets may eventually price many of these tokens near zero due to their weak long-term value. Bitcoin dominance remains high at around 59%, limiting capi...
