Virgin Galactic is set to launch its first spaceflight in nearly two years on Thursday. Called Unity 25, the mission represents the company’s fifth spaceflight to date and is the first since founder Sir Richard Branson’s launch to the far reaches of space. This is a crucial moment in the history of Virgin Galactic, which … Read more
The US government could hit its debt ceiling in a week. Nvidia’s earnings and outlook blew Wall Street. Problems spoil Ron DeSantis’ 2024 announcement on Twitter Spaces. A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on May 24, 2023. Brendan McDermid | Reuters Here are the … Read more
“Today’s fossil fuel capital expenditures are now more than double the levels required in the net-zero emissions scenario by 2050,” the International Energy Agency said. Over the past few years, high-profile figures have made their sentiments known about fossil fuels. In June 2022, the UN Secretary General criticized new funding for fossil fuel exploration. Wind … Read more
CARSON CITY, Nev. (AP) — Republican Nevada Gov. Joe Lombardo on Wednesday announced a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan after weeks of negotiations over the state’s contribution. state at a $1.5 billion baseball stadium in Las Vegas, according to a joint statement. The tentative agreement says … Read more
Nvidia provided a revenue forecast for the July quarter well above expectations, citing growing demand for its chips that enable artificial intelligence applications. Its shares soared in after-hours trading. The semiconductor company reported adjusted earnings per share for the April quarter of $1.09, versus the Wall Street consensus estimate of 92 cents, according to FactSet. … Read more
MADRID (AP) — Repeated racist slurs against Brazilian soccer star Vinícius Júnior have sparked a heated debate in Spain about tolerance for racism in a rapidly diversifying society on and off the pitch. Since the start of the season in August, the Real Madrid winger has suffered racist abuse from fans of at least five … Read more
Palo Alto Networks CEO Nikesh Arora has extolled the virtues of generative AI in cybersecurity, telling CNBC’s Jim Cramer that the technology could maximize customer satisfaction and workflow efficiency. the company. Arora said the generative AI has already been able to complete a task in four hours that would normally have taken two weeks and … Read more
WASHINGTON (AP) — The Biden administration has canceled plans to award a $200 million grant to a U.S. battery maker amid criticism from Republican lawmakers over the company’s alleged ties to China. Texas-based Microvast was one of 20 companies to win preliminary grants totaling $2.8 billion to boost domestic battery manufacturing for electric vehicles. The … Read more
NEW YORK (AP) — Target is removing some items from its stores and making other changes to its LGBTQ merchandise nationwide ahead of Pride Month, after an intense backlash from some customers, including violent confrontations with his employees. “Since introducing this year’s collection, we have experienced threats affecting our team members’ sense of safety and … Read more
Construction workers build a Toll Brothers house in Boca Raton, Florida. Joe Raedle | Getty Images Find out which companies are making headlines in extended trading. Palo Alto Networks – Shares gained 3.5% after the company’s fiscal third-quarter earnings and revenue beat estimates. The cybersecurity company posted adjusted earnings of $1.10 per share and revenue … Read more
