Elon Musk May Have Just Taken a Major Step Toward Consolidating His Empire
Tesla’s newly unveiled flying sports car, which features SpaceX rocket thrusters, could help Musk push for a merger between his two biggest companies, analysts say.
Musk Responds to Huang's Praise: NVIDIA's Team Is Exceptionally Talented, Star Mind Space Servers to Enter Mass Production Next Year
The deep collaboration between SpaceX and NVIDIA (NASDAQ: NVDA) is advancing to a new stage.NVIDIA (NASDAQ: NVDA) CEO Jensen Huang recently stated publicly that he enjoys working with Musk and...
Brazil-Related Stocks and ETFs Surge as Bolsonaro Will Face Lula in Runoff in Brazil's Presidential Vote
Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio Lula da Silva in a runoff of the presidential election later this month, after he exceeded expectations in...
Cathie Wood Predicts Starship Launches Could Generate $10 Trillion Annually, Elon Musk Responds With Three-Word Endorsement
The commercial potential of SpaceX's Starship program is being pushed to unprecedented levels. Cathie Wood, CEO of ARK Invest, has unveiled a striking forecast suggesting each Starship launch could...
Vance Renews Push for Federal Reserve Rate Cuts Amid Heightened Market Uncertainty
US Vice President Vance has once again publicly pressured the Federal Reserve to lower interest rates, a move that comes just as the Fed Chair nominated by President Trump has begun to adopt a more...
Air New Zealand (NZSE:AIR) Stock Revenue Recovery Runs Into Debt Fueled Losses
Air New Zealand stock closed at NZ$0.385, down over the past week and month, just as investors absorbed a fresh full year loss and a heavier debt load. The headline is simple and uncomfortable. The airline carried around NZ$7.0b of revenue yet still reported a net loss from continuing operations of NZ$242m over the last twelve months, and net debt climbed to about NZ$1.9b to NZ$2.0b.
For short term traders that is enough to keep pressure on the share price. For longer term holders the real...