Business
SpaceX Stock Recovers $48 Billion After Starship Flight 13 Market Wipeout
SpaceX stock snapped a massive seven-session losing streak on Tuesday, adding $48.96 billion to its valuation just weeks before a 911 million share insider lockup expires on August 6.
Business
Toyota Pulls 9.2M Website Visitors to Edge Out Ford Despite Dropping Auto Sales
Toyota and Ford pulled over 9 million website visitors each in April, but that massive digital foot traffic didn't save the industry from a 6.7% drop in actual sales.
Business
Jack Mallers Exits Twenty One Capital As $1.8B Bitcoin Merger Collapses
Jack Mallers has officially stepped down as CEO of Twenty One Capital, killing the proposed mega-merger with Strike and Elektron Energy. Raphael Zagury now takes over a $2.8B Bitcoin treasury.
Business
2027 Audi Q7 Drops Four-Cylinder Engine and Targets BMW in New Pricing Strategy
Audi just dropped the four-cylinder engine from the Q7 lineup, raising the base price to $72,195 for a 429-horsepower V6. Here is why it undercuts BMW and Mercedes.
Business
GM Abandons Cadillac’s All-Electric 2030 Mandate With New Gas SUV Push
General Motors is abandoning its 2030 all-electric mandate for Cadillac. Instead, the automaker is sinking $150 million into its Tennessee plant to build a new generation of gas-powered SUVs.
Business
Kraft Heinz Secures Exclusive Disney Parks Condiment Deal in $600M Strategy Pivot
Kraft Heinz is bringing Star Wars ketchup dispensers and Cinderella Mac & Cheese to Disney parks as part of a sweeping new North American exclusivity deal.
