FEATURE SpaceX’s Starlink is, well, miles above its competition. That doesn’t mean competitors have given up. Jeff Bezos appears set on taking a slice of Elon Musk’s space pie. Amazon.com has selected Kenya to host its inaugural satellite ground station in Africa, according to reports.
FEATURE SpaceX’s Starlink is, well, miles above its competition. That doesn’t mean competitors have given up. Jeff Bezos appears set on taking a slice of Elon Musk’s space pie. Amazon.com has selected Kenya to host its inaugural satellite ground station in Africa, according to reports.
Abstract Aerial Art U.S. international trade in goods and services deficit narrowed to $55.9B in April from $56.6B in March (revised from $60.3B), against the consensus of -$55.8B, according to data released by the Census Bureau on Tuesday. The decrease in deficit reflected a decline in goods deficit of $2.4B to $83.7B and a dip in services surplus of $1.7B to $27.8B. Exports reached $327.1B for t...
Abstract Aerial Art U.S. international trade in goods and services deficit narrowed to $55.9B in April from $56.6B in March (revised from $60.3B), against the consensus of -$55.8B, according to data released by the Census Bureau on Tuesday. The decrease in deficit reflected a decline in goods deficit of $2.4B to $83.7B and a dip in services surplus of $1.7B to $27.8B. Exports reached $327.1B for the month, $8.3B more month-over-month. Meanwhile, imports stood at $383.0B, an increase of $7.6B from the prior month. Year-to-date, the goods and services deficit decreased 49.1% to $213.5B from the same period a year ago. Average goods and services deficit increased $0.6B to $55.8B for the three months ended April. More on U.S. Economy Factory orders rise more than expected in April Trump discloses $220M in trades tied to U.S. companies in Q1
(RTTNews) - While reporting financial results for the first quarter on Tuesday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) raised its earnings, adjusted earnings, net sales and comparable sales guidance range for the full-year 2026, based on first-quarter per
(RTTNews) - While reporting financial results for the first quarter on Tuesday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) raised its earnings, adjusted earnings, net sales and comparable sales guidance range for the full-year 2026, based on first-quarter per
Press Release Atos Group and Microsoft Expand Strategic Collaboration to Scale Secure Agentic AI Across Atos Group Workforce and Clients Atos Group becomes the first French Global System Integrator to deploy Microsoft 365 Copilot and one of the first France- headquartered on Microsoft 365 Frontier Suite, advancing its journey to become a global AI-powered company, embedding secure agentic AI acros...
Press Release Atos Group and Microsoft Expand Strategic Collaboration to Scale Secure Agentic AI Across Atos Group Workforce and Clients Atos Group becomes the first French Global System Integrator to deploy Microsoft 365 Copilot and one of the first France- headquartered on Microsoft 365 Frontier Suite, advancing its journey to become a global AI-powered company, embedding secure agentic AI across its operations and bringing the same playbook to its clients worldwide. Redmond, Wash., and Paris,
Hong Kong will roll out a range of discounts, free rides, giveaways and other deals as the city celebrates the 29th anniversary of its return to Chinese rule on July 1. From MTR rides to shopping centre coupons, the South China Morning Post unpacks what the city has to offer for the occasion. 1. Free transport Rail operator the MTR Corporation will give away 71,000 domestic single-journey tickets ...
Hong Kong will roll out a range of discounts, free rides, giveaways and other deals as the city celebrates the 29th anniversary of its return to Chinese rule on July 1. From MTR rides to shopping centre coupons, the South China Morning Post unpacks what the city has to offer for the occasion. 1. Free transport Rail operator the MTR Corporation will give away 71,000 domestic single-journey tickets through a lucky draw on July 1 and offer Airport Express discounts to holders of child Octopus,...
From Sunderland to Spain, Chinese manufacturers are revitalising idle factories and investing where traditional European carmakers are pulling back. Chinese carmakers are rapidly transforming from export-oriented manufacturers into embedded participants in Europe’s automotive industrial base, a shift increasingly visible across both continental Europe and Britain. What began as a strategy focused ...
From Sunderland to Spain, Chinese manufacturers are revitalising idle factories and investing where traditional European carmakers are pulling back. Chinese carmakers are rapidly transforming from export-oriented manufacturers into embedded participants in Europe’s automotive industrial base, a shift increasingly visible across both continental Europe and Britain. What began as a strategy focused on exporting low-cost electric vehicles (EVs) has evolved into a broader industrial expansion...
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:29 03:29 Oil prices remain low as traders avoid big bets, says WSJ's Greg Ip Power Lunch Oil prices fell Tuesday as President Donald Trump sought to convince the market that a deal with Tehran was days away, despite the barrage of strikes between Israel and Iran this week. U.S. crude oil futures were dow...
In this article @CL.1 @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:29 03:29 Oil prices remain low as traders avoid big bets, says WSJ's Greg Ip Power Lunch Oil prices fell Tuesday as President Donald Trump sought to convince the market that a deal with Tehran was days away, despite the barrage of strikes between Israel and Iran this week. U.S. crude oil futures were down about 2% to $89.40 by 8:05 a.m. ET. Brent futures, the international benchmark, lost 1.7% to $92.65 per barrel. Trump told reporters late Monday that a deal to end the war with Iran could come in "two or three days" and the Strait of Hormuz would open "immediately" after an agreement. He has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized. The fragile ceasefire implemented in April nearly unraveled this week, after Iran launched missiles at Israel in retaliation for its strikes in Lebanon. Israel hit back with strikes on the Islamic Republic. Trump pressured Israel Prime Minister Benjamin Netanyahu to refrain from further attacks. The violence spiked briefly oil prices Monday, but the volley of strikes appears to have ended without further escalation. Iran and Israel said they have ceased fire for now. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Joe Hendrickson DraftKings ( DKNG ) disclosed on Tuesday that its annualized consumer volume in the company's Predictions offering increased 24% month-over-month in May to $1.3B, and annualized total volume traded increased 34% month-over-month to $3.1B. It was noted that the operating metrics are preliminary, unaudited, and based on currently available internal data. The Boston-based company offi...
Joe Hendrickson DraftKings ( DKNG ) disclosed on Tuesday that its annualized consumer volume in the company's Predictions offering increased 24% month-over-month in May to $1.3B, and annualized total volume traded increased 34% month-over-month to $3.1B. It was noted that the operating metrics are preliminary, unaudited, and based on currently available internal data. The Boston-based company officially rolled out DraftKings Predictions on December 19, 2025, across 38 U.S. states for at least some event contracts. Sports-event contracts are live in 17 states. By comparison, Kalshi ( KALSHI ) is estimated to currently be doing on the order of mid‑tens of billions of dollars a month in notional volume, while Polymarket ( POLYMARKET ) is in the high single‑digit to low‑teens billions depending on the month. When considering the billions in prediction market volume, a key consideration is that sports betting handle is based on how much money was actually put at risk on bets, while prediction market volume is the dollar value of all the contracts traded, including people trading in and out multiple times. Looking ahead, DraftKings’ stated goal is to have the super app framework live nationwide, effectively covering all 50 states, but with the mix of products inside the app varying by local law. Shares of DraftKings ( DKNG ) were up 1.4% in premarket trading on Tuesday. More on DraftKings DraftKings Inc. (DKNG) Presents at Gabelli 18th Annual Sports & Media Symposium Transcript DraftKings: Prediction Markets Are Eating This Company's Lunch (Rating Downgrade) DraftKings Inc. (DKNG) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript Alberta is set up for sports betting and iGaming in July DraftKings attracts a buy rating from Freedom Capital on prediction market opportunity
Asset manager Blue Owl Capital ( OWL ) has opened a new office in Abu Dhabi's ADGM financial center. Comprised of members of Blue Owl's Institutional Capital and GP Stakes teams, the new Abu Dhabi office will serve as Blue Owl's regional headquarters in the Middle East and help Blue Owl expand its presence in the UAE. The location marks Blue Owl's seventh office in the EMEA region and its twenty-t...
Asset manager Blue Owl Capital ( OWL ) has opened a new office in Abu Dhabi's ADGM financial center. Comprised of members of Blue Owl's Institutional Capital and GP Stakes teams, the new Abu Dhabi office will serve as Blue Owl's regional headquarters in the Middle East and help Blue Owl expand its presence in the UAE. The location marks Blue Owl's seventh office in the EMEA region and its twenty-third globally. "Over the last decade, the Middle East has emerged as both a strategic global market and a sophisticated investor across asset classes, particularly alternatives," said Haitham Abdulkarim, Managing Director, Senior Executive Officer of Blue Owl's Abu Dhabi office. "We believe proximity to clients is fundamental to understanding their objectives and building lasting partnerships. As our platform continues to grow, expanding into Abu Dhabi – one of the region's leading financial centers – was a natural evolution for the firm, enabling us to meet clients where they are and in a jurisdiction that supports long-term partnerships and institutional growth." More on Blue Owl Capital Blue Owl Capital Inc. (OWL) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Blue Owl: The Great Private Credit Opportunity Blue Owl: The One People Love To Short Ares, Blue Owl vie to help manage $500B of Mexican pension fund - report Most, and least shorted financial stocks above $2B market cap in May