Musk’s chip factory is headed to Texas Tesla and SpaceX said Thursday that Terafab, the advanced semiconductor factory they are developing together, will be built in Grimes County, Texas, outside Houston. The companies said they will make an initial investment
Stocks cooled after record highs US stocks moved modestly higher Wednesday after a sharp rally, with investors weighing earnings from SpaceX and AMD against fresh comments from President Trump that a deal to reopen the Strait of Hormuz could come
Lockheed is looking for domestic mineral supply Lockheed Martin is in talks to secure US-linked supplies of scandium and germanium, two critical minerals used in defense systems ranging from aircraft components to infrared sensors. The company is negotiating with NioCorp
SpaceX is spending like an AI infrastructure company SpaceX’s first quarterly report as a public company showed how quickly the market’s view of the business is changing. The company came public with a rocket and space reputation. Its filings, however,
Palantir’s commercial business just accelerated hard Palantir shares surged after the company reported a second-quarter beat driven by rapid demand for enterprise AI tools. Revenue rose 93% from a year earlier to $1.94 billion, ahead of LSEG estimates of $1.8
The yen finally got official support Japan and the US jolted the yen out of its historic slide last week, triggering a sharp currency move but only limited stress across global equity markets. The dollar-yen exchange rate fell from nearly
Anthropic is locking down more AI capacity Anthropic has signed a $10 billion computing agreement with Volta Infra Holdings, a new cloud infrastructure startup backed by Nvidia, according to Bloomberg. The deal gives Anthropic access to a data center site
JPMorgan is putting a larger number behind housing JPMorgan Chase plans to funnel $750 billion into housing over the next decade, marking a nearly 40% increase from what the bank has directed into the sector over the past 10 years.
Copper is being pulled into the US at record speed Copper is pouring into the United States as traders wait for a decision on possible tariffs on refined copper imports. About 200,000 metric tons of copper arrived in the US
Robinhood is building another public path into private tech Robinhood Markets has started formal marketing for Robinhood Ventures Fund II, its second publicly traded closed-end fund focused on private companies. The new fund will focus on startups that have participated
Musk’s chip factory is headed to Texas Tesla and SpaceX said Thursday that Terafab, the
Stocks cooled after record highs US stocks moved modestly higher Wednesday after a sharp rally,
Lockheed is looking for domestic mineral supply Lockheed Martin is in talks to secure US-linked
SpaceX is spending like an AI infrastructure company SpaceX’s first quarterly report as a public
Palantir’s commercial business just accelerated hard Palantir shares surged after the company reported a second-quarter
The yen finally got official support Japan and the US jolted the yen out of
Anthropic is locking down more AI capacity Anthropic has signed a $10 billion computing agreement
JPMorgan is putting a larger number behind housing JPMorgan Chase plans to funnel $750 billion
Copper is being pulled into the US at record speed Copper is pouring into the
Robinhood is building another public path into private tech Robinhood Markets has started formal marketing
