In the wake of President Donald Trump’s inauguration, pure-play space stocks have experienced a remarkable surge, capturing the attention of both investors and analysts alike. The uptick in these stocks can be attributed to a collective sense of optimism that permeated the sector following the election results. Analyst Edison Yu of Deutsche Bank sheds light
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In a remarkable display of ambition, former President Donald Trump is poised to sign an unprecedented number of executive orders on the first day of his second presidency. With plans for over 50, and possibly more than 100, actions, Trump is aiming to rapidly set the groundwork for his administration even before the inauguration festivities
In the ongoing tug-of-war surrounding TikTok’s future in the United States, recent developments have brought a modicum of temporary relief to both the platform and its millions of users. Following a turbulent few days, U.S. President-elect Donald Trump alluded to his intentions to sign an executive order to delay the proposed ban on TikTok. This
As the digital landscape evolves, established platforms and emerging technologies are finding new ways to collaborate, compete, and thrive. In a remarkable strategic maneuver, Perplexity AI, the prominent artificial intelligence search engine startup, has officially made a bid to its parent company, ByteDance, to merge with the influential social media platform TikTok. This proposed union
On Thursday, an unexpected incident during SpaceX’s seventh flight test of its Starship rocket led to significant disruptions in commercial air travel. The rocket, which launched from SpaceX’s site near Brownsville, Texas, shortly after 5:30 p.m. ET, tragically broke apart mid-flight, releasing debris that posed immediate risks to airborne aircraft. According to flight-tracking service Flightradar24,
In a strategic move that reflects the current dynamics of the automotive market, Tesla has recently begun offering discounts on its Cybertruck inventory. Discounts can be as high as $1,600 for new vehicles and up to approximately $2,600 for demonstration models. This shift coincides with reports indicating that the production of the Cybertruck—a vehicle characterized
In recent months, the fate of TikTok’s U.S. operations has been a topic of intense speculation, not only in the tech industry but also in the broader economic landscape. As the potential threat of a ban looms due to national security concerns, the stakes continue to rise for one of the world’s most popular social
In a bold move indicative of its evolving corporate strategy, Intel announced plans to spin off Intel Capital, its venture capital division, into an independent entity. This decision marks a pivotal chapter in Intel’s effort to reconfigure its business model amid significant market challenges. With Intel Capital managing assets amounting to $5 billion, the transition
The landscape of the biotechnology industry is as dynamic as it is challenging, with companies like Moderna facing hurdles that can significantly impact financial projections. On a recent Monday, Moderna announced a downward adjustment to its sales guidance for 2025 by approximately $1 billion. This shift reflects the company’s response to several anticipated challenges, all
The recent catastrophic wildfires in California have reignited tensions between state officials and political leaders, particularly President-elect Donald Trump and Governor Gavin Newsom. These tensions reflect a broader narrative of how political rhetoric can influence and complicate disaster response efforts. In a recent interview, Governor Newsom leveled criticism at Trump’s remarks regarding the wildfires, illustrating