cnbc_topnews
📰 source: cnbc_topnews · 💼 business openai's chief revenue officer denise dresser is leaving less than a year after joining, the company said thursday. she's staying briefly for transition, with dali rajic, former president and coo of cybersecurity firm wiz, taking over. dresser's exit is the
cnbc_topnews
📰 source: cnbc_topnews · 💼 business short sellers betting against spacex are retreating fast as the stock rebounds over 30% from its low. short interest fell to about 11% of publicly traded shares wednesday, down from a peak of 34% last week, per s3 partners. the decline combines bearish investors closing positions
cnbc_topnews
📰 source: cnbc_topnews · 💼 business longtime openai executive brad lightcap announced his departure on tuesday, the latest in a string of leadership exits at the ai company. he joined in 2018 and served as chief operating officer for four years until april, when he moved to a role focused on special
cnbc_topnews
📰 source: cnbc_topnews · 💼 business ukraine war sparked a race for countries to build spy satellites, the ceo of finnish-polish space firm iceye told cnbc. rafal modrzewski said the invasion marked a 'pivotal moment' for the space industry. europe, japan, india and brazil are all looking to substantially expand
cnbc_topnews
📰 source: cnbc_topnews · 💼 business openai wrapped a $7 billion share sale, a tender offer that lets employees and early investors cash out. the deal comes ahead of a potential ipo, though no formal filing has been announced. the tender offer has been in the works since the company closed its
cnbc_topnews
📰 source: cnbc_topnews · 💼 business shein's growth has stalled in the u.s. and europe after the removal of duty-free exemptions, and the discount retailer now faces an existential threat ahead of its hong kong ipo. in its filing, shein said it began passing on tariff costs by raising
cnbc_topnews
📰 source: cnbc_topnews · 💼 business lockup restrictions on spacex expire thursday, freeing roughly 911 million shares for trading — about 7% of shares outstanding. that's more than the 639 million shares sold in the company's record ipo. the stock has already fallen more than 50% from its mid-june
cnbc_topnews
📰 source: cnbc_topnews · 💼 business spacex shares fell over 10% in premarket trading wednesday after ai spending spooked investors, clouding an otherwise strong quarter. the company's first earnings report as a public company landed tuesday. capital expenditures jumped sixfold to $18.4 billion in q2, ahead of analyst expectations,
bbc_business
📰 source: bbc_business · 💼 business spacex reported its first-ever quarterly results, showing revenue nearly doubling but spending exploding. revenue rose 92% to $7.8bn, while spending jumped 550% to $18.3bn, producing a net loss of $2bn in the first half. shares fell nearly 9% in after-hours trading. elon musk said
theguardian_business
📰 source: theguardian_business · 💼 business spacex beat wall street revenue expectations in its first earnings report since june's record ipo, reporting $7.81bn in revenue versus a predicted $6.93bn. the company still lost $541m, though that's nearly half the $1bn loss from a year earlier. on
cnbc_topnews
📰 source: cnbc_topnews · 📊 technical spacex's $330 call expiring friday has become the most popular options contract on the stock, with over 450,000 open positions — at least seven times the next most popular. a cnabc analysis of option-flow data suggests a big institution is behind the buying, likely
cnbc_topnews
📰 source: cnbc_topnews · 💼 business spacex reports its first quarterly earnings as a public company on tuesday, two weeks after a brutal selloff erased over $500 billion from its market cap since its june 12 ipo debut. the stock has fallen for four straight weeks and sits more than 50% below