SpaceX wins $4.16 billion Space Force contract for threat-detection satellites
The U.S. Space Force said on Friday it has awarded Elon Musk’s IPO-bound SpaceX a $4.16 billion deal for a satellite program designed to track and target airborne threats.
Software stocks wrap up best month since 2001 as talk of ‘SaaSpocalypse’ subsides
Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.
Dell stock skyrockets 32% for its best day ever as AI server revenue soars
Dell reported its fastest pace of revenue growth since returning to the public market in 2018, with AI server revenue soaring 757% over last year.
Trump’s name must be removed from Kennedy Center, judge rules
“The Kennedy Center is an institution that belongs to the American people, not to Donald Trump,” said Rep. Joyce Beatty, who sued over the renaming.
Mercedes-Benz may be shut out of U.S. market under bill aimed at Chinese automaker ownership
Mercedes-Benz’s largest individual shareholder is BAIC, a Chinese state-owned automaker. Sources told CNBC that exemptions in the legislation would not apply.
European stocks end higher as investors mull potential Iran ceasefire extension
Shares listed in Europe ended broadly higher on Friday morning.
Brent oil price posts biggest monthly loss in six years as market counts on a U.S.-Iran deal
Oil prices fell Friday after President Trump said he would meet in the White House Situation Room to make a final decision about a deal with Iran.
Bondi defends handling of Epstein files to House panel
President Donald Trump fired Pam Bondi in April after being displeased with her handling of DOJ files about sex offender Jeffrey Epstein.
Vietnam’s President says Asia Pacific seeks ‘responsible commitment,’ including from major powers
Asia-Pacific seeks neither the presence or absence of a major power, but instead “responsible commitment” from all parties, Lam said.
How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
Mental “scars” reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.
