Author: franperez66q@protonmail.com
Beechcraft King Air turboprop aircraft are seen on the assembly line at the Textron Aviation Inc. production facility in Wichita, Kansas, on Thursday, June 7, 2018.Luke Sharett | Bloomberg | Getty ImagesIs there anything flashier than the SpaceX IPO? Sure, who doesn’t like going to the moon and beyond? But if you’re looking for something a little more terrestrial, there’s one stock that investors are overlooking. Textron is exactly that: a stealth play with solid technicals, fundamentals, and trading at a material discount to its defense peers.Despite broader economic headwinds, Textron’s revenues and earnings have grown consistently. The maker of…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Palantir has lost a legal bid to force a Swiss magazine to publish its responses to articles detailing how the country’s government repeatedly rejected its services, in a case that has renewed scrutiny of its technology. In a ruling on Friday, Zurich’s commercial court dismissed 22 of 23 counterstatement requests filed by the US data analytics company and its Swiss subsidiary, finding that only a single passage in one article warranted a published response from the company, which is chaired by Peter…
Workers erect scaffolding at the Kennedy Center in Washington, DC, US, on Friday, June 12, 2026. Andrew Leyden | Bloomberg | Getty ImagesA federal judge on Friday rejected a last-minute bid to block his order directing President Donald Trump’s name to be removed from the Kennedy Center in Washington, D.C.The Trump administration had asked that Judge Christopher Cooper stay his May 29 ruling in U.S. District Court in D.C. pending a new appeal of that decision. Cooper’s rejection came on the day of the deadline of his order that Trump’s name be removed from the Kennedy Center, the performing arts…
Pope’s return home from Spain delayed as plane suffers technical issue Source link
Elon Musk just became the world’s first trillionaire.With SpaceX opening on the Nasdaq at $150 a share Friday, his stake in the company is worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk’s net worth from both companies as of Friday is roughly $1.05 trillion.The SpaceX IPO added more than $180 billion to Musk’s fortune. He’s now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDPs of Taiwan, Ireland or Sweden.Musk’s coronation as the first person in history to be…
Al Carns cited his opposition to the bill as one of the reasons why he quit the government on Thursday. Source link
CEO Gwen Shotwell and SpaceX executives ring the opening bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBCSpaceX shares soared on Friday as trading commenced on the Nasdaq, driving the rocket company’s valuation above $2 trillion.The Elon Musk-led space company’s stock was last trading 23% higher in midday trading to $166 a share, putting its market value at $2.17 trillion.”This was a successful launch no doubt about it,” said Jay Woods, chief market strategist from Freedom Capital Markets. “The public demand is there, so that’s a good thing. But now we’ll wait to see if it can…
Software stocks tumble in sympathy as fragile market sentiment fractures again Source link
“That was one of the most egregious things that we saw in her chat,” she said. “Even when we saw things about getting support, the sycophancy kicked in.” OpenAI has previously said it has “deep responsibility to help those who need it most.” The company did not immediately respond to Ars’ request for comment on the new case. “Our goal is for our tools to be as helpful as possible to people—and as a part of this, we’re continuing to improve how our models recognize and respond to signs of mental and emotional distress and connect people with care, guided…
Ex-Defence Secretary John Healey has said the defence investment plan is “well short of what is required”. Source link