Starlink is SpaceX’s lucrative satellite internet business capable of reaching rural areas and other regions that have traditionally been underserved. SpaceX’s workhorse Falcon 9 rocket regularly deploys Starlink satellites into orbit from Florida at NASA’s Kennedy Space Center and Cape Canaveral Space Force Station. Five years after Starlink first became operational, 7 million people in…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended selling TeraWulf Inc. (NASDAQ:WULF) and Super Micro Computer, Inc. (NASDAQ:SMCI). This month, TeraWulf announced the pricing of $3.2 billion of senior secured notes, while JPMorgan analyst Samik Chatterjee rated…
To mark the five-year milestone, Starlink recently shared a promotional video on social media site X, which SpaceX CEO Elon Musk owns. SpaceX’s Falcon 9 launched on its first Starlink satellite mission in 2019, and continues to regularly add to the growing constellation with missions from Florida and California. Starlink has grown into a constellation…
Over the last year, a good number of insiders have significantly increased their holdings in OmniAb, Inc. (NASDAQ:OABI). This is encouraging because it indicates that insiders are more optimistic about the company’s prospects. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing,…
News Summary: The announcement represents a significant step towards advancing secure AI infrastructure across UAE, aligned with the US-UAE AI Acceleration Partnership. Cisco will power, connect, and secure a large-scale AI cluster deployed by G42, featuring AMD’s advanced MI350X GPUs. The collaboration further embeds trusted US technology partners into G42’s AI infrastructure roadmap. SAN JOSE, Calif.,…
TOKYO (AP) — Asian shares were mixed on Tuesday, with Chinese markets gaining as investors watch to see what might come of a planned meeting between President Donald Trump and China’s top leader. Hong Kong’s Hang Seng edged 0.1% higher to 26,451.08 and the Shanghai Composite index gained 0.2% to 4,005.44, its highest level in…
Tesla, Inc. (NASDAQ:TSLA) is one of the stocks that was recently put under the microscope by Jim Cramer. Cramer discussed the company’s CEO’s AI ambitions and pay package, as he commented: “… Then there’s Musk. He’s using AI to make the best full self-driving car. He’s using it to dominate the Robotaxi game, or at…
Microvast Holdings, Inc. (NASDAQ:MVST) is one of the stocks Jim Cramer was recently asked about. Noting that the stock hit $7 last week, up from 22 cents around a year ago, a caller asked about the stock. Cramer commented: “It’s still good. It’s still good. It’s got great free cash flow. It’s not like the…
WASHINGTON (AP) — President Donald Trump pulled out of trade talks with Canada Thursday night, furious over what he called a “fake’’ television ad from Ontario’s provincial government that quoted former U.S. President Ronald Reagan from 38 years ago criticizing tariffs — Trump’s favorite economic tool. The ad features audio excerpts from an April 25,…
The Ronald Reagan Presidential Foundation and Institute is drawing a volatile mix of blowback and praise for arguing that a Canadian government advertisement playing in U.S. markets misrepresented the 40th president’s words to blast President Donald Trump’s tariff policies. It is not clear how the California-based Reagan Foundation decided to enter the fray over the…