by Piero Cingari | Oct 9, 2026 | General
Three of the largest U.S. casino stocks are falling week after week. That has happened only once before, at the bottom of the financial crisis. MGM Resorts International (NYSE:MGM) was down 3.2% as of afternoon trading in New York. That put the stock on track for a...
by Daragh Thomas | Oct 9, 2026 | General
Tesla Inc. (NASDAQ:TSLA) sold 9% fewer cars to Chinese customers in September than a year earlier, but a 58% jump in exports helped its Shanghai factory record its strongest sales month of 2026. Sales in China fell to 64,837 vehicles from 71,525 a year earlier, while...
by Chandrima Sanyal | Oct 9, 2026 | General
AST SpaceMobile Inc. (NASDAQ:ASTS) plunged 15.4% at one point on Friday as Space Exploration Technologies Corp.’s (NASDAQ:SPCX) expanding satellite-to-phone ambitions intensified competitive concerns. But for investors holding the Procure Space ETF (NASDAQ:UFO), the...
by Daragh Thomas | Oct 9, 2026 | General
Firmus Grid Ltd. had backing from Nvidia Corp. (NASDAQ:NVDA) and computing deals with Meta Platforms Inc. (NASDAQ:META) and OpenAI. But investors balked at valuing an AI data-center developer with just $51 million in annual revenue at more than $30 billion. The...
by Chandrima Sanyal | Oct 9, 2026 | General
Anthropic’s reported pursuit of a $2 trillion valuation is putting the artificial intelligence (AI) boom to the test. As the maker of Claude prepares for a potential initial public offering (IPO), investors must weigh its rapid growth against the enormous cost of...
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