Rocket Lab shares fall as efforts to take market share from SpaceX slip to 2027
Shares of Rocket Lab (RKLB) fell more than 10% on Thursday after the space company said the first launch of Neutron, its medium-range reusable rocket, was delayed until 2027. Rocket Lab had targeted the fourth quarter of 2026 for Neutron’s debut.…
Apple and Meta end long-running feud over bringing Muse to Mac
Apple and Meta, whose executives have spent years trading barbs about privacy and the future of computing, are joining forces to bring one of America’s most powerful open AI models to Apple’s high-end Macs. Why it’s important: The…
Van Buren Township officials approve plans for controversial Google data center
VAN BUREN TOWNSHIP, Mich. (WXYZ) — Despite months of opposition from residents, Van Buren Township officials on Wednesday approved plans for a controversial Google data center campus, paving the way for a project already under construction and expected…
Wholesale inflation jumped last month to the highest rate in four years as gas prices soared
WASHINGTON– Wholesale inflation rose more than expected last month due to a sharp rise in fuel prices, with rising prices becoming a bigger economic challenge for millions of Americans and a growing political problem for Republicans in the upcoming…
TSMC stock falls despite record profit amid ‘extremely robust demand’ for AI chips
Shares of Taiwan Semiconductor Manufacturing Company (TSM) fell 2% despite strong quarterly results, as an industry-wide sell-off weighed on the contract chipmaker. TSMC posted a sixth consecutive quarter of record profits, with net income up nearly 69%…
Tesla Roadster reveals: what you need to know about the delayed electric vehicle
Tesla plans to introduce its long-delayed next-generation Roadster on Thursday, nearly a decade after Elon Musk’s company began accepting deposits for the electric sports car. The event will be broadcast live from a EspaceX testing site in…
Wall Street stabilizes after sharp falls in AI stocks around the world
NEW YORK (AP) — Wall Street stabilizes Thursday after sharp declines in stocks around the world during the artificial intelligence the industry is concerned about how long the AI frenzy will last. After initially suffering a loss as a result it’s…
Nvidia CEO Jensen Huang Addresses CoreWeave Stock Drop: ‘I’m Optimistic’
Nvidia (NVDA) CEO Jensen Huang on Thursday addressed the recent discord at key partner and darling of falling AI stocks CoreWeave (CRWV), expressing optimism about the data center operator after a 15% rout Wednesday and a smaller decline Thursday…
Netflix layoffs: Heads of unscripted casting and development hit
This week’s layoffs at Netflix, which resulted in the elimination of 1,000 jobs, or about 6% of its workforce, also hit the streamer’s unscripted TV division. Deadline understands that a number of executives on its non-scripted casting and…
Memory stocks are affected. China and oversupply are the big concerns
Korean KOSPI index displayed on a smartphone with SK hynix and Samsung logo displayed. Cphoto | Future publications | Getty Images Memory chip stocks took a particularly hard beating this week amid broader stock market turmoil. Two concerns add to the…