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…
SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June. SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company’s…
As back-to-school season approaches, families will face higher prices for supplies and other costs for the upcoming academic year, a new analysis found. The cost of a typical basket of school items, including notebooks, lunch boxes and index cards, is up nearly 8% this year compared to 2025, according to research from The Century Foundation, a…
The manner and cause of death for Nolan Wells, the Mississippi teen who was found dead at Horn Island after a Fourth of July outing with friends, are undetermined, pending investigation, according to attorney Ben Crump, citing a preliminary independent autopsy commissioned by the family. Crump said Wednesday there was “red discoloration” in the tissue in…
