Author: franperez66q@protonmail.com
On Monday, SpaceX’s launch team loaded more than 11 million pounds (more than 5,000 metric tons) of super-cold methane and liquid oxygen into both stages of the rocket after halting a previous fueling attempt Saturday night due to a technical issue. The launch rehearsal followed a test-firing of the booster’s 33 Raptor engines at the launch site on May 6, the first time SpaceX ignited a full complement of uprated Raptor 3s. At liftoff, the rocket is expected to produce some 18 million pounds of thrust, about 10 percent more than the previous generation of Super Heavy boosters, according to…
The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher. Source link
A trader works on the floor of the New York Stock Exchange (NYSE) during the opening bell in New York, on May 11, 2026. Angela Weiss | Afp | Getty ImagesIt’s official: traders haven’t been this aggressively bullish since they were stuck at home with stimulus checks betting on a bounce-back in the global economy.Retail traders are buying calls in Cboe’s “Mag 10” stocks – the big seven plus AMD, Palantir and Broadcom – at the heaviest 10-day clip since 2021, according to a report from the exchange. Of new positions opened, 52% were call-buying, and 17% were call–selling. “Hedgers…
Piotr Swat | Lightrocket | Getty ImagesTelehealth company Hims & Hers’ stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead. The digital health firm reported a net loss of $92 million in its first quarter earnings on Monday, compared with roughly $50 million for the same period the prior year. Its adjusted Ebitda was $44 million, down from $91 million last year. Meanwhile, revenue was up 4% to $608 million. Average monthly revenue per subscriber was $80, down from $85 last year. Hims is expecting revenue in a range between…
EBay on Tuesday rejected GameStop’s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive.” GameStop CEO Ryan Cohen last week unveiled an audacious bid for eBay, offering to acquire the online marketplace for $125 per share in a cash-and-stock deal. EBay is much larger than the video game retailer, with a market cap of just over $48 billion, while GameStop’s is roughly $10.3 billion.”The Board, with the support of its independent advisors, has thoroughly reviewed your proposal and has determined to reject it,” Paul Pressler, the chairman of eBay’s board, wrote in a letter. “We have concluded…
Meta loses court fight over compensation to Italian publishers Source link
Softbank has injected more than $450 million into a chip company, CNBC has learned, as the Japanese investment giant looks to continue its major play in AI infrastructure and hardware.Graphcore, which is developing AI chips and systems and was acquired by the Japanese giant in 2024, issued a single share at the value of $457 million on April 10, according to a Companies House filing. A Graphcore spokesperson confirmed to CNBC that the money was funding from SoftBank. SoftBank has been approached for comment.At the time of the acquisition, SoftBank said U.K.-based Graphcore would collaborate with the company on developing…
U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. Evelyn Hockstein | ReutersPresident Donald Trump’s face-to-face meeting with Chinese President Xi Jinping is a high-stakes meeting full of risk along with reward.The meetings in Beijing, set for Thursday and Friday, could be a watershed moment for the adversarial superpowers, whose fragile relationship has been snarled up by a flurry of economic and political conflicts in the past year alone.The lingering Iran…
A customer hands over a pineapple to a vendor at a roadside shop decorated with plastic Vishu Konna flowers (scientific name: Cassia fistula) ahead of the Vishu festival in Kochi, India, on April 14, 2026. Nurphoto | Nurphoto | Getty ImagesIndia’s consumer price inflation in April rose for the sixth straight month to 3.48% from 3.40% in March, even as the government kept prices at the pump steady to shield consumers from rising global oil prices.The headline inflation number was below economists’ expectations for a 3.80% rise in the consumer price index, as per a Reuters poll.Food inflation, a key…
Novo Nordisk’s Wegovy shows 21% weight loss regardless of response speed Source link