Investing in Space: NASA’s months of reckoning
A group of 360 current and former employees penned a letter rebuking "rapid and wasteful changes" across staffing, mission and…
Category: Economy
Trump’s Scotland visit opens door for UK to settle some unfinished business
The U.S. president is due to visit Trump-owned golf courses in Scotland and meet informally with the British prime minister…
Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’
"There are no more blank checks. Every investment must make economic sense," Tan wrote. ...
Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats
Trump has previously signaled he was considering whether to fire Powell, though it is unclear if he has the legal…
IBM shares drop as software revenue misses
IBM delivered stronger earnings and income than expected and raised its forecast for full-year free cash flow. But software revenue…
Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates
Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose…
Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion. ...
Tesla reports sales miss as auto revenue drops for second straight quarter
Tesla’s second-quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.…
Alphabet beats earnings expectations, raises spending forecast
The company increased its capital expenditures for 2025 by $10 billion due to "strong and growing demand for our Cloud…