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SpaceX announced Wednesday that it has secured $1.6 billion in launch orders from the U.S. Space Force. The company will conduct 18 Falcon 9 missions by the end of 2027, carrying military satellites designed to detect and track airborne targets.The launches were awarded through two task orders under the Space Force’s core launch procurement program. SpaceX, United Launch Alliance, Blue Origin and other selected U.S. providers will compete for additional military launch contracts under the program.

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Barclays: Brent Spot Prices Could Test $150 if Hormuz Impasse Persists

Barclays said Friday that oil prices face growing upside risks if disruptions in the Strait of Hormuz continue. The bank currently forecasts Brent crude to average $96 per barrel i...

2026-07-24 Read:2176

Nvidia, Microsoft and Other Tech Giants Urge U.S. Support for Open-Weight AI

Nvidia, Microsoft, Meta and IBM were among 25 companies and organizations that signed an open letter Friday urging U.S. lawmakers to avoid premature restrictions on open-weight art...

2026-07-24 Read:1226

Ford Recalls More Than 565,000 Broncos Over Engine Fire Risk

Ford Motor Co. is recalling 565,691 Bronco and Bronco Raptor SUVs from model years 2021 through 2026 in the United States because an engine-compartment wiring harness could become ...

2026-07-24 Read:3667

Samsung and SK Hynix Prepare Major AI Deals in Silicon Valley

South Korean semiconductor giants Samsung Electronics and SK Hynix are expected to announce several major artificial intelligence partnerships in Silicon Valley, including long-ter...

2026-07-24 Read:2721

Paramount Skydance–Warner Bros. Discovery Deal Paused Pending Court Ruling or Until June 2027

Paramount Skydance has agreed to delay the completion of its proposed acquisition of Warner Bros. Discovery while a federal court considers an antitrust challenge to the deal.Color...

2026-07-24 Read:1019

Tesla Plunges Nearly 18% in Worst Week Since 2022

Tesla shares closed at $313.03 on Friday, July 24, bringing the stock’s weekly decline to nearly 18%—its worst weekly performance since 2022. The sell-off followed Tesla’s second-q...

2026-07-24 Read:2167

Trump Warns of Potential September Government Shutdown Amid Budget Standoff

Speaking in Georgia on July 22, President Donald Trump cautioned that the U.S. federal government is heading toward a potential "shutdown" in September, citing deep-seated disagree...

2026-07-22 Read:4775

Amazon Cuts Jobs in AGI Unit to Focus on Core AI Projects

Amazon has eliminated some positions within its artificial general intelligence unit as the company reallocates resources toward its highest-priority artificial intelligence projec...

2026-07-22 Read:3719

Demand Softens at $13 Billion U.S. 20-Year Treasury Auction

The U.S. Treasury’s $13 billion reopening of 20-year bonds produced a high yield of 5.163%, the second-highest level since the maturity was reintroduced in 2020.The auction yield w...

2026-07-22 Read:3779

Open AI to Launch Presence Platform for Enterprise AI Agents

OpenAI is preparing to launch a new enterprise service called OpenAI Presence, designed to connect AI agents with companies’ internal data, policies, software systems and business ...

2026-07-22 Read:4774