Another former Uber executive is joining Travis Kalanick’s robotics and industrial AI startup Atoms, just a few weeks after it raised $1.7 billion. Gautam Gupta, the former finance chief under Kalanick, said in social media posts on Wednesday that he has joined Atoms as chief financial officer. Gupta spent more than four years at Uber…
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SpaceX doubled its revenue compared to last year, according to its first quarterly earnings since going public in June…
Homebuyers keep waiting for relief, and so does Wall Street. Fair Isaac, the company behind the credit score used in most U.S. mortgage decisions, just gave investors a blunt read on where the housing market stands. And it is not the breakout recovery some had hoped for heading into the back …
The purchase illustrates just how interconnected Elon Musk’s universe of companies are…
Every major market sell-off creates a familiar divide. On one side are investors forced to react. They trim positions, meet margin calls, reduce risk, or sell simply because they have no other choice. On the other side are investors who have something considerably more precious than perfect market …
Notable earnings came from Palantir (PLTR), which took some air out of the short seller’s narrative that AI is going to replace all software stocks. For a while, that worry hurt Microsoft (MSFT). But between Microsoft’s recent beat from monetizing OpenAI and Palantir’s phenomenal beat following two …
Elon Musk spent SpaceX’s first earnings call making some out-of-this-world claims about the company’s business and future prospects, while his fellow executives kept trying to bring his ideas closer to Earth — providing a hint of what’s to come now that his rocket-launching, compute-leasing, satellite-based telecom is public. The conference call, held Tuesday, was the…
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