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SpaceX hit by surging AI costs as insiders prepare to sell their shares

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Nikkei 225 Index on edge ahead of Softbank earnings as Japanese yen dips

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Here’s why Kioxia stock is in a bear market despite the strong revenue, profit growth

Investing

SpaceX hit by surging AI costs as insiders prepare to sell their shares

For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors….
Investing

New York sues Kalshi, says its prediction markets are illegal gambling

New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In…
Investing

CBS’ ‘60 Minutes’ announces new slate of correspondents for upcoming 59th season

Two months after a major shake-up, CBS’ “60 Minutes” has hired a lineup of new correspondents and contributors in time for its…