Author: franperez66q@protonmail.com
Air India to defer deliveries and cut flights amid record losses Source link
CEO of OpenAI Sam Altman walks through the Hart Senate Office Building, following meetings on Capitol Hill, in Washington, D.C., U.S., June 3, 2026.Evelyn Hockstein | ReutersOpenAI on Thursday announced it will acquire Ona, a startup that provides secure, pre-configured cloud environments where artificial intelligence agents can access tools, systems and context. Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said. It will also help more organizations deploy agents, which independently complete tasks on behalf of a user, into production, the company said. OpenAI did not disclose the terms of the acquisition, which is…
Markets head into the first Fed meeting run by new Chair Kevin Warsh with almost no idea what he thinks about the recent surge in job growth, the acceleration in inflation or the path of interest rates.And that may be by design.Warsh has strongly criticized Fed communications, saying they have led to policy errors and placed the Fed more at the center of market decisions and the economy than it should be. His plans for “regime change” include a rethink of how the Fed forecasts and talks about its plans for monetary policy. That appears to include both quantity and…
Elon Musk’s ownership stakeTesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025.Nathan Howard | ReutersAfter its market debut, CEO and founder Elon Musk will have voting control of 82.4% in SpaceX, according to the company’s IPO filings. He will need to hold onto all of his SpaceX shares for a year, however.”We believe that Mr. Musk’s substantial ownership interest in us provides him with an economic incentive to assist us to be successful,” SpaceX…
Investing.com — stock surged 8.2% to trade at €26.01 as a US-Iran ceasefire announcement unleashed a broad relief rally across the global airline sector, with investors rapidly unwinding the fuel-cost risk premium that had weighed on aviation equities for weeks. The development directly addressed the most pressing concern for carriers: the closure of the Strait of Hormuz had been driving jet fuel prices sharply higher, and any easing of that geopolitical pressure translates immediately into improved cost visibility for airlines. Ryanair entered today’s session with a particularly strong fundamental foundation to absorb the positive re-rating. The company recently reported a…
SpaceX didn’t just rewrite the playbook for aerospace and defense, it helped birth a new space economy.Now Elon Musk’s company is tackling a different type of moonshot: going public. “I wasn’t sure we would go public,” SpaceX Chief Operating Officer Gwynne Shotwell told CNBC in an exclusive interview, just before the company started its investor roadshow. “It actually feels like the right time now.”Follow CNBC’s live updates on the SpaceX (SPCX) IPOSpeaking from a walkway overlooking the Starship factory at SpaceX’s rapidly expanding headquarters in the company town of Starbase, Texas, Shotwell said the rocket maker needed to be private in…
A proposed ballot measure on voter ID, popular with Republican voters, could help drive turnout, he added. Hilton has said that he has not seen evidence of voter fraud in the state, but has called for electoral reform, including ending the practice of mailing ballots to California’s 23 million registered voters – a practise that largely causes the state’s slow ballot count. Source link
Luxury stocks saw a sharp uptick after a proposed Iran-U.S. deal outlined a reopening of the Strait of Hormuz and lifting of U.S. oil sanctions, according to Iran state media on Friday.Shares of LVMH, Gucci-owner Kering, and Hermes were up about 5%. Swiss group Richemont rose about 3.4% while the pan-European Stoxx 600 index rose 1.8%.Luxury stocks across the board have been hard hit by the Iran war, as the Middle East was a fast-growing market for the otherwise largely muted sector. The war broke out in late February, just as the sector had begun to show signs of recovery after…
After record IPO, Musk’s SpaceX faces next test in market debut Source link
Coinbase on Thursday launched a new tool that gives AI agents the ability to trade and transact directly on users’ behalf, representing a broader bet that AI agents will become a primary interface for people’s financial activity.Coinbase for Agents will initially allow agents like ChatGPT or Claude to execute crypto trades using natural language instructions. For example, customers can prompt their agent to rebalance portfolios, identify trading opportunities, execute strategies and manage positions over time. It will eventually expand these capabilities to stocks and predictions.Additionally, using Coinbase’s machine-to-machine payments protocol, called x402, agents can pay directly for digital services like…