Firefly Aerospace shares fell sharply after one of the company’s rockets exploded during testing, raising new concerns about the challenges facing the newly public space technology provider. The stock dropped 23.65% to $28.22 on Tuesday open, following the incident involving the company’s Alpha Flight 7 rocket. Alpha rocket booster destroyed Firefly confirmed that the first
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Firefly Aerospace shares fell sharply after one of the company’s rockets exploded during testing, raising new concerns about the challenges facing the newly public space technology provider. The stock dropped 23.65% to $28.22 on Tuesday open, following the incident involving the company’s Alpha Flight 7 rocket. Alpha rocket booster destroyed Firefly confirmed that the first
1.6KWolfspeed stock kicked off Tuesday with a 35% uptick in pre-market trades after Monday’s eye-popping rally. The company just wrapped up a tough Chapter 11 bankruptcy, slashing its massive debt and hitting the reset button on its finances. That fresh start has investors feeling hopeful about Wolfspeed’s future in the chip business. But with such
Wolfspeed stock kicked off Tuesday with a 35% uptick in pre-market trades after Monday’s eye-popping rally. The company just wrapped up a tough Chapter 11 bankruptcy, slashing its massive debt and hitting the reset button on its finances. That fresh start has investors feeling hopeful about Wolfspeed’s future in the chip business. But with such
1.6KThe UK Prime Minister Keir Starmer’s first official visit to India came up with a whole slate of deals and initiatives. In a clear sign that the two nations are looking forward to up team up more closely, the UK and India has decided to work together on everything from AI and critical minerals to
The UK Prime Minister Keir Starmer’s first official visit to India came up with a whole slate of deals and initiatives. In a clear sign that the two nations are looking forward to up team up more closely, the UK and India has decided to work together on everything from AI and critical minerals to
1.6KOpenAI has unveiled robust new parental controls for its flagship chatbot, ChatGPT, marking a pivotal move toward protecting teenagers online. The initiative comes against the backdrop of mounting concern over AI’s influence on youth, especially after a high-profile lawsuit alleged ChatGPT played a role in a teen’s suicide. Parents, educators, and regulators have been vocal
OpenAI has unveiled robust new parental controls for its flagship chatbot, ChatGPT, marking a pivotal move toward protecting teenagers online. The initiative comes against the backdrop of mounting concern over AI’s influence on youth, especially after a high-profile lawsuit alleged ChatGPT played a role in a teen’s suicide. Parents, educators, and regulators have been vocal
1.6KThe S&P 500 hit a new record high on Thursday, with investors largely brushing aside worries over the ongoing US government shutdown. The benchmark index gained 0.2%, while the Nasdaq Composite advanced 0.6% to reach its own record level. The Dow Jones Industrial Average added about 31 points, or 0.1%. The market sentiment seems to
The S&P 500 hit a new record high on Thursday, with investors largely brushing aside worries over the ongoing US government shutdown. The benchmark index gained 0.2%, while the Nasdaq Composite advanced 0.6% to reach its own record level. The Dow Jones Industrial Average added about 31 points, or 0.1%. The market sentiment seems to
1.6KA long weekend away from Washington, D.C., did little to soften Senate Democrats’ resolve as they again blocked an effort to reopen the government for an eighth time Tuesday. The beginning of mass firings promised by the Trump administration and Office of Management and Budget (OMB) Director Russ Vought over the weekend also failed to
A long weekend away from Washington, D.C., did little to soften Senate Democrats’ resolve as they again blocked an effort to reopen the government for an eighth time Tuesday. The beginning of mass firings promised by the Trump administration and Office of Management and Budget (OMB) Director Russ Vought over the weekend also failed to
1.6KThe surprising strength that characterized the start of September has given way to a palpable sense of fear, as a dark cloud of uncertainty rolls in from across the Atlantic. European stocks opened firmly in the red on Tuesday, with investors unnerved by the ominous twin threats of a potential US government shutdown and a
The surprising strength that characterized the start of September has given way to a palpable sense of fear, as a dark cloud of uncertainty rolls in from across the Atlantic. European stocks opened firmly in the red on Tuesday, with investors unnerved by the ominous twin threats of a potential US government shutdown and a
1.6KBitcoin treasury stocks have plunged this year, shedding billions of dollars in value. The MSTR stock price has plunged to $300, down from the all-time high of $543. This article explores why these stocks have plummeted this year. Bitcoin treasury stocks have plummeted this year MSTR stock has plunged by about 31% from its highest
Bitcoin treasury stocks have plunged this year, shedding billions of dollars in value. The MSTR stock price has plunged to $300, down from the all-time high of $543. This article explores why these stocks have plummeted this year. Bitcoin treasury stocks have plummeted this year MSTR stock has plunged by about 31% from its highest
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1.6KSabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid, revealing another level of uncertainty over one of Spain’s highly publicised banking operations. More than 97% of the bank’s client shareholders rejected the offer from BBVA, according to figures published Tuesday by the Catalan bank. Sabadell stated in a filing with the Comisión
Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid, revealing another level of uncertainty over one of Spain’s highly publicised banking operations. More than 97% of the bank’s client shareholders rejected the offer from BBVA, according to figures published Tuesday by the Catalan bank. Sabadell stated in a filing with the Comisión
