Iran Escalating With Drone Attack On Bahrain, Yet Another Hit On Foreign Vessel In Hormuz Strait

SpaceX-Tesla Merger Speculation Grows As Decade Of Cross-Company Deals Reveal Deeper Integration Wedbush Securities' Dan Ives has pointed out for months the potential for a SpaceX-Tesla merger, discussing the possibility with Bloomberg in February and, more recently, on a podcast where he said the probability is 80% by 2027. Polymarket odds of a merger by the end of the year stand at 32%. Now, CNBC has joined the growing speculation that Musk may eventually merge Tesla and SpaceX into one mega-company. The report said: The two companies already have a laundry list of...

An Israeli strike in Gaza on Thursday hit a vehicle in the central part of the Strip, killing at least three Palestinians, as the IDF continues its constant violations of the US-backed ceasefire deal. According to the Quds News Network, two of the Palestinians were part of Gaza’s Civil Defense, the enclave’s agency that’s responsible […]

Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts. However, the collapse of the Oracle-OpenAI plans has opened the door for Meta, which is now in talks to lease the...