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SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings. The AI division, which the company said in its documents to go public was the source of most of its […]
We haven't written up this one. The Verge has the full story — the link below goes straight to it.
Saudi Aramco reports bumper profits as it bypasses Strait of Hormuz Submitted by Sean Mathews on Tue, 08/04/2026 - 21:09 The East-West Pipeline has been a model for states from the UAE to Syria…
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.69 million barrels in the week ending July 30, despite analyst expectations for a 2 million…
SpaceX reported it lost more than half a billion dollars in its first quarterly report as a public company, but the loss was less than Wall Street expected and revenue soared. The company run by Elon Musk reported a loss of $541 million, or 9 cents per share, in the three months through June, less than half what financial analysts had…
Elon Musk's company has struggled to maintain investor enthusiasm that greeted its stock market debut.
Sudden, hard-to-explain market gyrations involving billions of dollars are often triggered by a lack of transparency, new academic research suggests.
