Jaque Silva | Lightrocket | Getty Images Satellite designer AST SpaceMobile said it’s preparing to deploy nearly five dozen satellites to power cellular-based broadband networks, a move that establishes the company as a rival to Elon Musk’s dominant SpaceX. The company, based in Texas, released its second-quarter earnings after the bell on Monday, reporting that…
U.S. President Donald Trump (L) invites Nvidia CEO Jensen Huang to speak in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images The Trump administration is still working out the details of its 15% export tax on Nvidia…
Rick Rieder, BlackRock’s chief investment officer for global fixed income, is sticking with his call for a jumbo rate cut from the Federal Reserve next month after new inflation data showed less-than-expected price pressures. “We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis…
Nvidia CEO Jensen Huang and U.S. Secretary of the Interior Doug Burgum attend the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters China has told companies to refrain from using Nvidia‘s H20 chips after the chipmaker recently received approval to resume shipping the less advanced artificial intelligence…
NEW YORK — The Oklahoma City Thunder felt slighted last season when they were left off the NBA’s Christmas schedule. That won’t be an issue this year. MVP Shai Gilgeous-Alexander and the NBA champion Thunder will be working at home for Christmas this season, playing host to Victor Wembanyama and the San Antonio Spurs as…
“Gooooooooool!” It’s one of the most iconic calls in sports, and arguably the singular most famous call in soccer. But who is the man behind the microphone? That would be none other than Andrés Cantor, a native of Argentina who has built a legendary broadcast career over the last 38 years, thanks in large part…
Goldman Sachs sees shares of Uranium Energy surging over the next year as the U.S. government aims to rebuild a domestic nuclear fuel supply chain. Goldman initiated coverage of Uranium Energy on Monday with a stock price target of $13, suggesting more than 30% upside from current levels. The pure-play domestic uranium miner has gained…
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Do Kwon, a South Korean cryptocurrency executive charged with fraud, stands with his attorney David Patton to plead guilty in front of U.S. District Judge Paul Engelmayer in New York City, New York, U.S., August 12, 2025 in this courtroom sketch. Jane Rosenberg | Reuters Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital…
Check out the companies making the biggest moves midday: AST SpaceMobile — The satellite company soared 11% after it said it is planning to execute 45 to 60 satellite launches by 2026, with at least five orbital launches anticipated by the end of the first quarter next year. Mercury Systems — The defense contractor surged…
