Tesla Delivers 486,432 Vehicles In Q3, Handily Beating Wall Street Forecasts

Qualcomm To Power SpaceX's Masive 5G Nationwide Network As Musk Takes Aim At Telecom Giants SpaceX's bold move to challenge AT&T, Verizon and T-Mobile became even clearer on Wednesday after Elon Musk's company signed a multi-year hardware and software deal with Qualcomm. The agreement provides critical cell equipment for SpaceX's terrestrial 5G network spanning thousands of towers, complementing Starlink's low-Earth-orbit satellite constellation.Bloomberg reports that the SpaceX-Qualcomm deal covers tens of thousands of cell sites nationwide, using the chip company's Dragonwing components and network software to support calls and data traffic.Qualcomm...

Trump Seeks $152 Million To Reopen Alcatraz Prison Authored by Kimberley Hayek via The Epoch Times, The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison. The funding appears in the proposed budget for fiscal year 2027, released by the administration. It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a state-of-the-art secure prison facility,” according to the document. Alcatraz has operated as a National Park Service tourist site since 1973, after the federal...

Key Events This Week: Fed, BOJ And BOE; Also Retail Sales, Import Prices And Bessent It's a bumper week for central bank decisions, with the Fed (Wednesday), BoE (Thursday) and BoJ (Friday) all meeting. Central banks aside, key data releases include US retail sales (Wednesday) and industrial production (Friday), UK inflation (Wednesday) and labor market data (Tuesday), economic activity in China (tomorrow), and inflation and trade in Japan (Friday and Wednesday respectively). Other events include the annual testimony of the US Treasury Secretary namely Bessent (tomorrow), and the State of the...