The Elon Musk-led firm may launch a direct-to-consumer wireless offering, challenging Verizon, AT&T, and T-Mobile. SpaceX is exploring a Starlink-branded mobile phone service for US consumers, potentially entering the terrestrial wireless market. The move follows recent sp
Major U.S. indexes recovered from early declines as tech stocks stabilized, with the Dow and S&P 500 posting modest gains. The Dow Jones Industrial Average and S&P 500 reversed early losses to close slightly higher, rising 0.1% as trading progressed. Technology stocks, whi
US-based Clearwater Analytics has completed its take-private acquisition by a Permira and Warburg Pincus-led investor group in a transaction valued at approximately $8.4bn. The acquisition, first disclosed in December 2025, also had backing from Francisco Partners, while T
Nvidia’s $81.61B revenue and 75% gross margins highlight its platform dominance, while Cerebras’ $193.4M sales and negative margins reveal software challenges. Nvidia reported Q1 FY27 revenue of $81.61 billion, up 85.2% year-over-year, with Data Center revenue reaching $75
A federal court grants class status to a lawsuit alleging Universal Logistics violated Illinois biometric law, exposing the company to significant liability. A federal court in Illinois granted class-action status to a lawsuit filed by a truck driver against Universal Logi
Analysts set a 13.31% upside for SOFI after Q1 2026 revenue beat and record loan originations. SoFi Technologies (NASDAQ:SOFI) received a $19.60 price target, reflecting 13.31% upside from its current $17.30 quote. The bull case cites 30% revenue growth and 10 consecutive
Visa’s $21 billion remaining buyback authorization contrasts with its $342 repurchase price as shares dip to $330.52. Visa holds $21 billion in remaining share repurchase authorization, with its stock trading at $330.52, below its $342 buyback price. The company’s forward
Veteran investor Jeremy Grantham thinks the artificial intelligence boom has pushed the U.S. stock market to its most expensive level ever and could eventually lead to a historic decline. "Based on the value of the stock market compared to GDP, with modifications, this is the...<
Alphabet’s 14% stake in AI firm Anthropic could gain $28.7 billion in value if the startup lists at a $1 trillion valuation. Alphabet holds a 14% stake in Anthropic, the AI startup behind Claude, following investments totaling $40.3 billion. The latest funding round valued
The broader US stock indices will lower on the day with the NASDAQ index testing a key swing area at session lows. The S&P index fell below a swing area and threatens to tilt the bias more to the downside However the prices have seen a rebound. In the video above I
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