SpaceX’s First Post-IPO Starship Test Puts a Stalled Stock on the Line
The countdown is set for 5:45 p.m. Central time. Starship Flight 13, the first orbital test of the giant rocket since SpaceX went public in June, is scheduled to lift…
Microsoft Turns Its Sales Force Against OpenAI, Google and Anthropic
The training sessions have a new script. Microsoft is instructing its global sales teams to push the company’s own Copilot AI models over products from OpenAI, Google and Anthropic, according…
Anthropic Lines Up Credit, Blackstone Venture Ahead of IPO
The paperwork is piling up in the banks’ deal rooms. Anthropic is in talks with lenders about a multi-billion-dollar credit facility, according to people familiar with the matter, the kind…
SpaceX Notches 600th Booster Reuse as Its Stock Faces Three Headwinds
A Falcon 9 booster came back to Earth, was refitted, and flew again this week, the 600th time SpaceX has reused a booster, according to Spaceflight Now. The number is…
General Fusion’s Nasdaq Debut Makes It the First Listed Fusion Company
A Vancouver company that has never delivered a watt of electricity to a grid began trading on the Nasdaq this week, and investors bid its shares up sharply on the…
ASML’s Earnings Will Test the Chip Industry’s Faith in Its Order Book
When ASML reports quarterly results, investors will be looking for answers to two questions: how quickly the Dutch company can clear its backlog of advanced lithography machines, and how much…
SK Hynix’s U.S. Rally Collides With a Capacity-Reality Check
Since listing American depositary receipts in New York, SK Hynix’s shares have climbed sharply, with Barron’s describing American money as the Korean memory maker’s new growth engine. This week came…
TSMC Heads Into Earnings With AI Carrying a Fifth Straight Record Quarter
When TSMC reports second-quarter results on July 16, the market expects its fifth consecutive quarter of record profit, driven by a single engine: AI chips. Reuters reported the expectations ahead…
Samsung Floats a U.S. Listing, Then Says It Isn’t Coming
Bloomberg reported that Samsung Electronics was evaluating a New York listing through American depositary receipts, a move that would give the world’s largest memory-chip maker direct access to U.S. capital…
KeyBanc Cuts Apple While Monness Turns Bullish in Same-Day Split
Two analysts looked at the same company on the same day and reached opposite conclusions. KeyBanc cut Apple’s rating, citing weak iPhone demand, pressure from Huawei, and slowing growth in…
