Blue Origin rocket explodes during test, setback for bid to catch SpaceX
Jeff Bezos’ space firm Blue Origin said on Thursday it experienced an anomalous hot-fire test, as visuals on social media showed its New Glenn rocket explode.
Michael Dell courted Trump early. His company has reaped rewards
The dynamic is emblematic of how business is seeking to sow favor with the president in his second term, and has departed from the norms of big business philanthropy.
Costco says it saw ‘record-breaking’ gas volumes amid rising prices
Costco saw “recording-breaking volumes” of gas sales and said rising fuel prices drove first-time members to its stations.
Stock futures are little changed as traders eye developments in Middle East: Live updates
Boosted by a rally in the tech sector, all three major averages rose to fresh closing highs on Thursday.
Okta tops first-quarter results on agentic AI demand
CEO Todd McKinnon said Okta is “playing a long game” on AI and is allocating more resources to agentic tools.
Dell shares jump 19% after server maker reports fastest sales growth since return to public market in 2018
Dell has gone from being a sleepy legacy tech company to a high-growth AI story, assembling servers packed with graphics processing units.
U.S. government is reportedly set to invest in drone industry. These are Wall Street’s favorite plays
Analysts believe that stocks such as Unusual Machines and Motorola Solutions are most likely to benefit from heightened interest in the drone industry.
Anthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuation in latest round
Anthropic is now the most valuable AI company in Silicon Valley after a new $65 billion funding round.
New ’60 Minutes’ head Nick Bilton says Paramount hired him to pivot the show before ratings decline
Nick Bilton is a former New York Times columnist and has made several documentaries for Netflix, where he worked with CBS News editor-in-chief Bari Weiss.
Time to buy this once high-flying apparel stock? Jay Woods looks at the charts ahead of earnings
Jay Woods of Freedom Capital Markets takes a close look at Lululemon’s charts ahead of its earnings report.