See How a Tesla-SpaceX Merger Gives Musk a Shortcut to His $1 Trillion Payday

A critical clause in the CEO's Tesla stock award would wipe away lofty performance targets if a merger happened.

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South Korea's Hanwha Makes $1 Billion Push Into U.S. Naval Shipbuilding

Conglomerate's nonbinding offer for Austal USA comes as Washington seeks to revive domestic shipyards.

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Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion

Apollo, Blackstone and BlackRock were among the firms that committed to the deal.

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Trump Media Reports More Than 10 Sign-Ups to Real-Time Truth Social Feed

Early customers to the product are primarily high-frequency trading firms.

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Morgan Stanley to Facilitate $1.5 Trillion in Infrastructure Initiative

The company said the initiative would support clients building and scaling companies, technologies and infrastructure central to the economic and national security of the U.S.

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JBS Heir to Take Over as CEO of Meatpacking Dynasty

Wesley Batista Filho, who leads JBS's U.S. business, will succeed Gilberto Tomazoni as chief executive next year.

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Hims & Hers Health Boosts Revenue Target, Swings to Second-Quarter Loss

The telehealth platform said it now projects $3.1 billion to $3.3 billion in revenue for the year, up from a previous target for $2.8 billion to $3 billion.

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Rocket Lab Narrows Loss As Revenue Climbs

The launch and space systems company narrowed its loss and reported rising revenue as it ended its second quarter with a backlog of $2.36 billion, up 137% year-over-year.

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Intel to Offer $15 Billion of Common Stock

The chip maker cited strong customer demand driven by unprecedented investment in AI compute.

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Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion

Barrick Mining has settled a long-standing dispute with rival Newmont over their Nevada operations, securing a $1.95 billion cash payout and paving the way for Barrick to publicly list its North American gold assets.

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AST SpaceMobile Reaffirms Revenue Outlook as Satellite Network Expands

The satellite operator expects 2026 revenue of $150 million to $200 million as it continues to build out a space-based cellular network aimed at connecting ordinary smartphones directly to satellites.

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Mark Zuckerberg Lays Out New AI Vision in 6,500-Word Essay

The Meta CEO has a new game plan for winning over hearts and minds to his company's artificial-intelligence efforts.

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Boeing to Fold Its Flying-Taxi Venture Into Rival Archer Aviation

The jet maker is selling Wisk Aero, SkyGrid and Insitu in exchange for shares in the California startup.

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Teledyne Technologies to Buy Varex Imaging for $1.1 Billion

Teledyne Technologies said it will buy Varex Imaging for about $1.1 billion, inclusive of equity awards and debt.

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War Is Helping Chinese EVs Upend the Global Car Market

High gasoline prices are giving a boost to China's electric-vehicle exports.