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31.07.26 - 22:12
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Why Texas Is Winning the Space Race (Bloomberg)
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Already home to SpaceX, Blue Origin and recent moon-landers Firefly Aerospace and Intuitive Machines, Texas is quickly becoming the center of the commercial space universe. Through a newly-formed agency, Texas officials have been doling out grants for space-related research, projects and emerging technology. So what does this mean for the "Lone Star State?" And why has it become such a proving ground for the startups of the future? (Corrects map of Texas throughout video.) (Source: Bloomberg)...
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01.07.26 - 17:31
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Meta Cloud Business; NASA Lunar Lander Contracts | Stock Movers (Bloomberg)
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On this episode of Stock Movers:
- Space companies including FireFly Aerospace (FLY) Intuitive Machines (LUNR) and Voyager Technologies (VOYG) shares are moving on news that NASA selected three companies to send robotic landers to the moon as part of efforts to establish a lunar base before the end of the decade. The agency announced awards to Astrobotic Technology Inc., Firefly Aerospace Inc., and Intuitive Machines Inc. to send landers to the moon.
- General Mills (GIS) shares are moving after it posted fourth-quarter profit that beat Wall Street expectations, lifted by higher prices.
- Meta Platforms Inc. (META) gained on reports that the company is developing plans for a cloud infrastructure business that will sell access to AI computing power and models. The company is also considering selling access to “raw” computing capacity, according to people familiar with the matter. (Source: Bloomberg)...
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