Jim Cramer says one of SpaceX's biggest risks is this group of investors
CNBC's Jim Cramer said one of the biggest risks facing the SpaceX IPO is speculators who may rush to sell shares shortly after the stock begins trading.
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Xbox Layoffs 2026: A Division in Reset Mode
Microsoft's Xbox division is preparing for major layoffs expected after the close of its fiscal year on June 30, 2026, with CEO Asha Sharma warning that Xbox is 'not in a healthy spot' following nine consecutive quarters of hardware revenue decline. The cuts may include a studio closure and significant marketing budget reductions, compounding a wave of restructuring that has already cost more than 15,000 Microsoft employees their jobs in 2025. Sharma's employee email revealed the division spent $20 billion on content investments over five years while annual revenue declined by nearly half a billion dollars.
CISA Tells US Agencies to Fix Security Bugs in as Little as 3 Days Thanks to AI Threats
“Defenders cannot afford to take weeks to patch,” one Cybersecurity and Infrastructure Security Agency official warned on Wednesday.
Kalshi adds required employment verification for some prediction market bets
The CFTC is considering its first regulation for prediction markets, as arrests over "insider trading" on everything from military operations to Google Search data continue to stack up. As CoinDesk re
Fresh off bond sale, Amazon borrows $17.5 billion from banks as AI spending continues
As AI spending continues to climb, the e-commerce giant has taken out a fresh $17.5 billion loan from a small coterie of banks.
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China-based operatives used ChatGPT to shape AI data centers and tariff debates
OpenAI has banned China-linked accounts that used ChatGPT to draft social media influence campaigns targeting U.S. debates over tariffs and AI data centers, the company said Wednesday.Why it matters:
News
Anthropic CEO calls for FAA-style regulation of powerful AI models: what enterprises should know
German Court Rules Google Liable for AI Overview Errors
Unique SpaceX IPO is hedging challenge for Wall Street: 'What are you going to do, short NASA?'
Anthropic accused of ‘secret sabotage’ as Claude Fable 5 silently limits capabilities for AI researchers and developers
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI buildout
Google won’t just admit it’s feeding YouTube creators to its music AI
Microsoft restricts Claude Fable for employees over data retention concerns
Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others
Antonio Gracias, Elon Musk’s Friend, Is Set to Reap Billions From SpaceX’s IPO
SpaceX’s IPO Will Turn 4,400 Employees Into Millionaires
The Indian government got cold feet on Starlink just before SpaceX’s IPO