economy

Mobileye Global Plans to Launch Robotaxi Service in Major U.S. City by 2027

06/16/2026, 07:37 AM economy announcement ai auto Mobileye Global

Mobileye Global plans to launch a robotaxi service in a major U.S. city in 2027, starting with a fleet of 100 vehicles and scaling to 17,000 over five years, which could significantly impact its market position and partnerships.

SpaceX Acquires AI Coding Startup Cursor for $60 Billion to Enhance Competitive Edge

06/16/2026, 06:37 AM economy announcement ai SpaceX

SpaceX's acquisition of AI startup Cursor for $60 billion marks a significant move to enhance its competitive position in the artificial intelligence sector, particularly in coding tools, following its record IPO.

Jim Cramer’s Charitable Trust Increases Intel (INTC) Position to 2.5% Ahead of Expected Growth

06/16/2026, 06:37 AM economy growth semiconductors Intel

Jim Cramer's Charitable Trust is increasing its stake in Intel by purchasing 280 shares, anticipating further growth driven by demand for CPUs in the AI sector and Intel's foundry services.

Analysts expect upside for SpaceX (SPACEX) shares following strong IPO performance and acquisition announcement

06/16/2026, 05:37 AM economy forecast Analysts: analysts ai software Fox Corp. SpaceX Nvidia Roku Salesforce

Investors are reacting positively to a new U.S.-Iran memorandum, but caution remains regarding its implementation. Meanwhile, significant corporate developments include SpaceX's IPO success and Fox Corp.'s acquisition of Roku, which could impact market dynamics.

Gwynne Shotwell’s Leadership Key to SpaceX’s Successful IPO and Operational Success

06/16/2026, 03:37 AM economy growth SpaceX

Gwynne Shotwell's leadership as president and COO has been pivotal in SpaceX's success, culminating in a significant IPO that highlights her operational expertise and strategic partnership with Elon Musk. Her substantial stake in the company further underscores her integral role in its growth and future prospects.

SpaceX (SPCX) shares surge 11% in premarket trading following record-breaking IPO

06/16/2026, 01:36 AM economy stock_growth ai SpaceX

SpaceX's shares rose 11% following a strong IPO, reflecting investor confidence in the company's growth potential, particularly in satellite technology and AI integration.

Qualcomm CEO Cristiano Amon Discusses Future of AI Agents and New Device Designs

06/15/2026, 10:36 PM economy research ai consumer Qualcomm

Qualcomm's CEO, Cristiano Amon, announced the development of over 40 new AI-powered devices, indicating a significant shift in consumer electronics towards AI agents that could redefine user interaction with technology and potentially impact major smartphone manufacturers.

Nvidia (NVDA) Plans to Raise at Least $20 Billion in First Debt Sale Since AI Boom

06/15/2026, 01:37 PM economy fundraising semiconductors Nvidia

Nvidia's plan to raise at least $20 billion in debt marks its first bond sale since the AI boom began, reflecting the company's significant growth and capital needs in a rapidly evolving tech landscape.

Analysts expect Honeywell (HON), Amazon (AMZN), and Capital One (COF) to benefit from falling oil prices

06/15/2026, 09:36 AM economy review Analysts finance Amazon Capital One Honeywell

The recent agreement between the U.S. and Iran to end their conflict has led to a significant surge in stock prices, particularly benefiting companies like Honeywell and Amazon due to falling oil prices, which could ease inflation and support consumer spending.

Anthropic Engages with Trump Administration to Resolve AI Model Access Dispute

06/15/2026, 08:36 AM economy announcement

Anthropic is in discussions with Trump administration officials to address a government directive that has suspended access to its latest AI models, Fable 5 and Mythos 5, due to national security concerns. This situation highlights ongoing tensions between the AI startup and the U.S. government regarding the use of its technology.