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Why SpaceX stock is falling despite strong revenue growth

Shares of SpaceX tumbled on Wednesday despite reporting strong revenue growth in its first public quarterly earnings report, as investors questioned the rocket maker’s accelerating investment in artificial intelligence. SpaceX shares tumbled $10.06, or 8%, to $115.27 in early afternoon trading on Wednesday.  Investors are worried that the company’s massive investments in artificial intelligence won’t be enough…

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House Democrats targeting 12 new GOP-held districts, including Lauren Boebert and NRCC Chair Richard Hudson’s seats

With 90 days until the midterm elections, House Democrats are expanding the map of Republican-held congressional districts they believe they can potentially flip this fall. The Democratic Congressional Campaign Committee, House Democrats’ political arm, announced the addition of 12 new Republican-held districts to its “Districts in Play” list Wednesday, bringing the total number of GOP-held…

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John James wins Michigan Republican gubernatorial primary, CBS News projects

U.S. Rep. John James, endorsed by President Trump, is projected to be the winner of Tuesday’s Republican gubernatorial primary race in Michigan, according to CBS News.  As of 10:47 p.m., unofficial results showed that James was leading with 155,109 votes to businessman Perry Johnson‘s 111,942. James will go head-to-head against Michigan Secretary of State Jocelyn Benson, who…

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Shannon Taylor wins Democratic primary in Virginia district Democrats hope to make competitive

Shannon Taylor has won the Democratic primary in Virginia’s 1st District, CBS News projects, defeating six other candidates seeking the chance to unseat incumbent GOP Rep. Rob Wittman. He’s held the seat since 2007 and has President Trump’s endorsement.  Taylor, the Commonwealth’s attorney for Henrico County, was the front-runner in the race. The 1st District…

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