SpaceX’s AI splurge puts a damper on debut earnings after IPO
Shares of Elon Musk’s rocket, satellite and AI conglomerate tumbled roughly 7% in US postmarket trading after it said capital spending jumped to about $18.4bn in the second quarter.
Shares of Elon Musk’s rocket, satellite and AI conglomerate tumbled roughly 7% in US postmarket trading after it said capital spending jumped to about $18.4bn in the second quarter.
Says that’s poised to push up industrial stocks.
Brent for October settlement dropped 0.8% to $78.72 a barrel at 12:28 p.m. in Singapore.
And achieve fiscal sustainability, central bank Governor Lesetja Kganyago said.
Analysis of Nedbank’s latest results and what they reveal about the bank’s underlying performance, plus a look at South Africa’s AI crossroads as the country weighs US versus Chinese technology.
Just as people have always struggled to predict the future, modern investors cannot accurately forecast market cycles.
They could also lock companies out of the booming cross-border stablecoin market.
Eskom itself says the process will have to be managed carefully as this significant development will fundamentally alter the risk profile of its credit.
Learns that Aarto Appeal Tribunal does in fact exist, with members appointed last September …
Malungelo Zilimbola, founder and chief executive of Mazi Asset Management, warns young investors against chasing stock tips and quick profits, arguing that today's culture of speculation is blurring the line between investing and gambling.