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Business

SpaceX and Tesla Form Committees to Explore Merger Amid AI Revenue Growth

By Norman Pearlstine

SpaceX and Tesla have set up special committees to discuss a possible merger, as both companies report rising AI‑related revenues and overlapping technology projects.

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SK Hynix shares rise 4% after scrapping Solidigm IPO review

By Mitchell Landsberg

SK Hynix stock rebounded to close 4.4% higher after the chipmaker halted its review of a U.S. IPO for subsidiary Solidigm, easing investor concerns.

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Meta creates nonvoting Class C shares to help Zuckerberg meet California billionaire tax

By Helene Elliott

Meta announced a new nonvoting Class C share class that could let Mark Zuckerberg sell part of his stake to cover a potential California billionaire tax without losing voting control.

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Airbnb bans hosts from asking guests to strip beds, wash dishes

By Norman Pearlstine

Airbnb has revised its house‑rule policy, prohibiting hosts from requiring guests to perform tasks like stripping beds or washing dishes, with the changes effective for bookings after 20 November.

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Southwest Airlines Lowers 2026 Profit Outlook Amid Higher Fuel Costs

By Mitchell Landsberg

Southwest Airlines cut its 2026 profit forecast to $2.60‑$2.85 per share, citing higher fuel costs, while reporting stronger-than-expected third‑quarter earnings and a rise in average fares.

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Science

SpaceX and Tesla Form Committees to Explore Merger Amid AI Revenue Growth

By Norman Pearlstine

SpaceX and Tesla have set up special committees to discuss a possible merger, as both companies report rising AI‑related revenues and overlapping technology projects.

Comments closed

SK Hynix shares rise 4% after scrapping Solidigm IPO review

By Mitchell Landsberg

SK Hynix stock rebounded to close 4.4% higher after the chipmaker halted its review of a U.S. IPO for subsidiary Solidigm, easing investor concerns.

Comments closed

Meta creates nonvoting Class C shares to help Zuckerberg meet California billionaire tax

By Helene Elliott

Meta announced a new nonvoting Class C share class that could let Mark Zuckerberg sell part of his stake to cover a potential California billionaire tax without losing voting control.

Comments closed

Airbnb bans hosts from asking guests to strip beds, wash dishes

By Norman Pearlstine

Comments closed

Southwest Airlines Lowers 2026 Profit Outlook Amid Higher Fuel Costs

By Mitchell Landsberg

Southwest Airlines cut its 2026 profit forecast to $2.60‑$2.85 per share, citing higher fuel costs, while reporting stronger-than-expected third‑quarter earnings and a rise in average fares.

Comments closed