Elon Musk will retain majority control of SpaceX post-IPO through a dual-class share structure granting him 85.1% voting rights. SpaceX filed an S-1 registration with the SEC for a Nasdaq IPO under ticker SPCX, offering Class A shares with one vote each. The company will m
SpaceX reports Q1 revenue of $4.69B and a net loss of $4.28B, with AI segment revenue reaching $818M amid broader losses. SpaceX reported first-quarter revenue of $4.69B, up from prior periods, but posted a net loss of $4.28B. Adjusted EBITDA stood at $1.13B, reflecting on
The chipmaker’s Q1 2027 revenue jumped 85% year-over-year, driven by strong Data Center growth and a bullish next-quarter outlook. NVIDIA’s fiscal first-quarter revenue reached $81.6 billion, an 85% year-over-year increase and 20% sequential growth. Data Center revenue sur
Peirce’s departure leaves the SEC with two commissioners, complicating crypto oversight as Congress debates digital asset legislation. SEC Commissioner Hester Peirce, known as ‘Crypto Mom,’ will leave the agency, reducing its commissioners to two. Her exit follows the Janu
e.l.f. Beauty reported stronger-than-expected Q1 results but issued full-year guidance below Wall Street estimates. e.l.f. Beauty (ELF) posted first-quarter results that exceeded expectations, driving shares higher in after-hours trading. The company reported a swing to a
Nordson reports Q2 Non-GAAP EPS of $2.86 Nordson's Q2 Non-GAAP EPS of $2.86 exceeded estimates by $0.01. Revenue for the quarter was $741M, an 8.5% year-over-year increase. The company's revenue beat estimates by $7.71M. For Q3, revenue consensus is $769.54M and EPS
Nvidia’s Q1 adjusted EPS of $1.87 beats estimates, driven by record data centre revenue of $75.2B and strong Q2 guidance. Nvidia reported Q1 adjusted earnings per share of $1.87, exceeding estimates of $1.77, as revenue climbed to $81.62B. The company’s data centre segment
Asia’s economic calendar highlights Australia’s employment data, while oil prices fall on Iran deal progress and geopolitical shifts. Asia’s economic agenda centers on Australia’s jobs report, expected to influence regional markets. The data release follows a preview notin
AEVEX secures $15.6 million in contracts to enhance unmanned aircraft mission capabilities and system integration for the Air Force. AEVEX announced it has been awarded $15.6 million in contracts by the U.S. Air Force to support unmanned aircraft mission capabilities and a
NVIDIA reports adjusted EPS of $1.87 and revenue of $81.62B for Q1, exceeding estimates and raising Q2 revenue outlook. NVIDIA posted Q1 adjusted earnings per share of $1.87 and revenue of $81.62B, surpassing the $79.19B estimate. The company’s data center revenue reached
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