Quick Read - SPCX is falling 12% after AI capex doubled to $15.8 billion in Q2, overshadowing a 92% revenue surge. - SpaceX named NVIDIA its exclusive AI-chip supplier, while RKLB stock only declined 1%, confirming the selloff isn't crushing all space stocks…
The post-earnings drop in SpaceX stock could present an opportunity to buy the dip, and retail was already taking advantage of the slide to pile in.
Nutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and agility. The company is reallocating resources toward key growth areas like AI. Nutanix reported strong revenue and cust…
Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares. The post An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan appeared first on Crypt…
Banks across the GCC are moving into a new phase of technology investment as regulators expand open finance, payment systems become mo...
