Author: Editor-In-Chief
space x Shares fell for the fourth straight session on Wednesday, briefly falling below their debut price of $135 for the first time as hype for the reusable rocket maker waned. Shares have soared since the reusable rocket maker’s historic IPO last month, which raised a record $86 billion and cemented founder Elon Musk as the first billionaire. On Wednesday, the stock fell about 1% to close at $135.27 per share.SpaceX’s latest breakup comes ahead of the company’s 13th Starship test flight, scheduled for Thursday, and already suggests enthusiasm for the aerospace company is waning, about a month after its…
Tuesday, July 14, 2026, U.S. Federal Reserve Chairman Kevin Warsh arrives for a House Financial Services Committee hearing in Washington, DC, USA. Daniel Heuer | Bloomberg | Getty ImagesFor Kevin Warsh, trust is everything. Congressional hearings this week showed how difficult it will be for the new Federal Reserve chairman to maintain policy.In back-to-back testimony in the House and Senate on Tuesday and Wednesday, Mr. Warsh made few, if any, major gaffes amid intense questioning from Democrats and supportive comments from Republicans. But there is complete agreement on both sides that prices are still rising too fast, and the Fed…
The US president has supported the tactic, even though authorities announced a moratorium after deadly shootings in Texas and Maine.Published July 15, 2026July 15, 2026Just one day after his administration announced it would suspend most ICE traffic stops in the wake of two shootings, President Donald Trump is calling on U.S. immigration officials to continue the tactic.In a social media post Wednesday, President Trump praised Immigration and Customs Enforcement (ICE) agents for a “great job” and maintained that traffic stops remain one of the agency’s most effective tools in conducting mass deportation campaigns.Recommended stories list of 4 itemsend of list”We…
According to a report from 404 Media, the AI music generator Suno has been hacked. The hacker told the publication that he used a supply chain attack in November to gain access to employee credentials and then to source code showing how Suno collected decades of audio from YouTube Music, Deezer, Genius, stock music libraries, and podcast RSS feeds. Suno previously acknowledged that it uses “publicly available music files” to train its AI on the open internet, and argued that it can train with copyrighted material under the fair use doctrine, a subjective carve-out in copyright law. But the major…
Soccer fans gather for a watching party at China Basin Park during the World Cup semifinal match between Spain and France on July 14, 2026 in San Francisco, California. Heather Deal | Getty ImagesA Federal Reserve report released Wednesday said the FIFA World Cup boosted tourism in host cities, but that positive impact was mitigated by the economic downturn seen elsewhere.The median admission price for the U.S.-co-hosted soccer tournament was more than $900, according to ticket data. But the latest edition of the Fed’s Beige Book, an eight-times-a-year summary of regional developments, showed that this event does not necessarily promote…
Check out the companies with the biggest pre-market moves: BlackRock — The investment management company soared more than 4.5% after reporting better-than-expected earnings. BlackRock delivered adjusted earnings per share of $13.91, beating LSEG’s expectations of $12.59, and revenue also exceeded expectations. PENTAIR — Shares fell more than 14% after the water treatment equipment maker reported preliminary second-quarter results that fell short of Wall Street expectations. The company expected adjusted earnings of $1.12 per share, well below analysts’ expectations of $1.48, according to FactSet. Morgan Stanley — Shares rose 1.5% after Morgan Stanley reported record quarterly sales and profits in its…
Dario Amodei, co-founder and CEO of Anthropic, at the company’s Builder Summit in Bangalore, India, on February 16, 2026.Samyukta Lakshmi | Bloomberg | Getty ImagesAnthropic is preparing to meet with investors ahead of an initial public offering later this year, people familiar with the plans told CNBC.The bankers leading the proposal are scheduling meetings with potential investors and executives from the artificial intelligence company behind the popular Claude model, said the person, who spoke on condition of anonymity to discuss the process.The meeting signals Anthropic’s IPO preparations are progressing, with bankers beginning to gauge investor demand ahead of a formal…
A U.S. Senate committee has begun pursuing Interim Attorney General Todd Blanche, who is seeking confirmation to lead the Justice Department, the country’s main federal law enforcement agency.The Senate Judiciary Committee is scheduled to question Blanche on Wednesday and Thursday.Recommended stories list of 3 itemsend of listThe hearing will examine Blanche’s loyalty to President Donald Trump and whether she will protect the independence of the Justice Department.But Blanche sought to dispel those concerns in his opening statement Wednesday, arguing instead that he was fixing the department’s previous problems.”We are restoring America’s credibility,” Blanche said.Before joining Trump’s second administration, Branch served…
ParisAP — France’s parliament on Wednesday gave final approval to a bill that would allow adults with incurable illnesses to be given lethal drug treatments, the culmination of years of debate over end-of-life care. The House of Representatives supported the bill on its previous three readings and approved it by a vote of 291-241. The vote completes parliamentary work on the bill announced by French President Emmanuel Macron more than three years ago. “In 2022, I vowed to forge this path together with the French people,” President Macron said in a message posted to X. “With all seriousness, humility, and…
Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, released its first in-house AI model called Inkling on Wednesday morning. It’s also open-weight, unlike flagship models from OpenAI, Anthropic, and Google. This means that external developers and companies can download and modify it directly. Inkling is an expert-mixed system with a total of 975 billion parameters, but only a fraction (about 41 billion) are used for specific tasks, resulting in a common design that allows very large models to run faster and cheaper. It was natively trained on 45 trillion tokens of text, images, audio, and…