SpaceX must pull off rocket reusability if the company is to reach a stratospheric market valuation in the not-too-distant future. “A successful investment case in SpaceX at the current $2 trillion enterprise value rests almost entirely on a single admittedly massive engineering bottleneck: Starship reusability (i.e. 20-50 flights per Starship with relatively inexpensive and quick…
(Bloomberg) — OPEC’s crude oil production tumbled in August, snapping a two-month recovery, as output from group leader Saudi Arabia was curbed by threats to both of its export routes, according to a Bloomberg survey. Most Read from Bloomberg Supplies from the Organization of the Petroleum Exporting Countries declined by 900,000 barrels a day last…
Mexico’s automotive industry posted mixed results in August, as light-vehicle production declined from a year ago while exports increased, according to new data from the country’s National Institute of Statistics and Geography (INEGI). Automakers produced 344,940 light vehicles in Mexico during August, down 1.4% from 349,951 units in the same month last year. Exports totaled…
Bitcoin (BTC-USD) opened at $79,093.85 on Tuesday, September 8, 2026, 1.6% lower than Monday’s opening price. As of 7:20 a.m. ET this morning, the price of bitcoin fell to $78,370.62. Ethereum (ETH-USD) opened at $2,489.84 on Tuesday, September 8, 2026, down 1% from Monday’s opening price. The price of ethereum edged lower this morning to…
Arm Holdings (ARM) on Tuesday previewed new innovations in its artificial intelligence compute portfolio spanning data centers to edge devices, including physical AI. Arm stock rose in early trading. At its Arm Everywhere conference in China, the semiconductor design firm announced a next-generation edge AI platform called Arm Compute Subsystems (CSS) for Mobile 2. The…
Silver (SI=F) December futures opened at $66.82 per ounce on Tuesday, September 8, 2026, up 0.1% from Friday’s closing price. Silver prices are holding this morning, hitting $66.53 as of 8:08 a.m. ET. Continued back-and-forth attacks between the U.S. and Iran have launched oil prices (BZ=F) back near $100 a barrel, heightening inflation concerns just…
Gold (GC=F) December futures opened at $4,451.60 per troy ounce on Tuesday, September 8, 2026, down 0.6% from Friday’s closing price. The price of gold is down this morning at $4,443.90 per troy ounce as of 6:59 a.m. ET. Fresh escalations in the Middle East conflict have driven oil prices (BZ=F) back near $100 a…
(Refiled to add a missing “a” letter in paragraph 5) By Mike Dolan Sept 8 (Reuters) – As U.S. markets return from the Labor Day holiday, calm in global markets was broken on Monday and Tuesday after a fresh surge in Japan’s yen to its strongest levels since February. While there’s persistent nervousness about more…
September S&P 500 E-Mini futures (ESU26) are down -0.20%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.05% this morning, pointing to a mixed open on Wall Street after the long weekend as rising oil prices keep investors cautious. Oil prices climbed on Tuesday amid intensifying attacks in the Middle East, with Brent crude trading…
President and CFO Andrew Guggenhime reported the disposition of 2,705 shares of Vaxcyte, Inc. (NASDAQ:PCVX), according to a recent SEC Form 4 filing. Transaction summary Transaction value based on SEC Form 4 weighted average sale price ($61.18); post-transaction value based on the September 2 market close ($61.58). Key questions What was the specific nature of…
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