A Starlink user terminal being set up. SpaceX Elon Musk’s SpaceX is in talks with the United Kingdom for the company’s Starlink satellite unit to potentially to earn funding as a part of the government’s new $6.9 billion internet infrastructure program, CNBC confirmed. U.K. Minister for Digital Infrastructure Matt Warman recently met with Starlink leadership,
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A pedestrian passes in front of 200 West Street, which houses the headquarters of Goldman Sachs Group Inc., in New York. Scott Eells | Bloomberg | Getty Images Junior investment bankers at Goldman Sachs are suffering burnout from 100-hour work weeks and demanding bosses during a SPAC-fueled boom in deals, according to an internal survey
The Federal Reserve building is pictured in Washington on Monday, March 8, 2021. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images The Federal Reserve on Wednesday dialed up its economic growth expectations but signaled that there are no expected interest rate hikes for the next two years. The so-called dot plot projections budged little
Plug Power GenDrive Fuel Cell with GenFuel hydrogen. Source: Plug Power Shares of Plug Power dropped more than 15% during premarket trading on Wednesday after the company said it will restate financial results following accounting errors. In a filing with the Securities and Exchange Commission on Tuesday evening, the fuel cell maker said it will
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 5, 2020 at Wall Street in New York City. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images) Photo by Johannes Eisele | AFP | Getty Images It took the SPAC market just three months to
Gabriela Bhaskar | Bloomberg | Getty Images The $1,400 stimulus checks are hitting Americans’ bank accounts, but Bank of America doesn’t expect the fiscal aid to spur speculative trading in GameStop’s stock. Since the GameStop trading mania that took place in January, the Wall Street firm’s predictive analytics team has been monitoring non-fundamental factors in
This video shows the Capella-3 satellite’s reflector deployment, using the its boom as a “selfie stick”. The reflector is folded and compact as it reaches space and expands to a 3.5 meter diameter object. Capella Space Satellite imagery specialist Capella Space on Thursday released the first images captured by its two latest spacecraft launched in
Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Given the current financial environment, which strategy can investors use to pinpoint compelling opportunities? Despite inflation concerns, there are still stocks poised to outperform. One way to find them is by following the recommendations of
Webull CEO Anthony Denier told CNBC on Friday that the brokerage app is seeing a rise in activity since the latest round of stimulus checks have been sent to Americans. “We have seen an uptick in deposits for sure,” Denier said in an interview on “Closing Bell.” “There’s definitely a pretty substantial increase in the
Norm Betts | Bloomberg | Getty Images Visa shares dropped sharply in midday trading Friday after a report said the Justice Department has opened an investigation into its debit card business and possible anticompetitive practices. The department’s antitrust division has started to collect information on whether Visa, the largest card network in the United States,