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CrowdStrike drops as revenue growth fails to impress investors despite AI push
CrowdStrike drops as revenue growth fails to impress investors despite AI push June 4 : CrowdStrike shares slid 11 per cent in Thursday's premarket trading after the cybersecurity firm's annual recurring revenue (ARR) growth failed to impress investors expecting a boost from AI investments. The stock had rallied 60 per cent in May. CrowdStrike's ARR grew 22 per cent year-over-year to $4.44 billion, of which $193.8 million of net new ARR was added in the first quarter.
Commentary: SpaceX’s capital needs are out of this world
Commentary: SpaceX’s capital needs are out of this world SpaceX's rising capital needs might be a tough sell ahead of its blockbuster initial public offering, says Chris Bryant for Bloomberg Opinion. Elon Musk’s SpaceX needed comparatively little money to build a world-beating space launch and satellite-broadband firm. But as it reframes itself partly as an artificial-intelligence (AI) infrastructure company - offering both terrestrial and potentially space-based computing capacity - its...
CrowdStrike is a buy, just not yet. Here's why
CrowdStrike on Wednesday evening reported better-than-expected quarterly results and better-than-expected forward guidance, only to see its near-record-high stock sell off. The hot money that got in, looking for a Hewlett Packard Enterprise or Dell type post-earnings surge , no doubt booked profits, sending shares down more than 11% to around $664 each. We're not short-term thinkers.
How SpaceX President Gwynne Shotwell has achieved Musk's lofty ambitions
How SpaceX President Gwynne Shotwell has achieved Musk's lofty ambitions June 8 : When SpaceX goes public on Friday with what is expected to be a record-setting IPO, it will cap two decades of founder and CEO Elon Musk's ambition to transform rocketry, satellite communications and humanity’s reach into space. Each step of the way, there has been a guiding hand largely out of view: the company's president, Gwynne Shotwell, who has spent 24 years focused on building and selling SpaceX through...
Elon Musk is steamrolling Wall Street to become a trillionaire
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Analysis:Short-sellers to tread carefully as Musk's SpaceX debuts
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Unlocking 'the true space age': Impulse Space raises $500 million to build out fleet of ultra-mobile spacecraft
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100 things to know for the 2026 NFL season ... 100 days out
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The American Missile Crisis
Recent global conflicts, from Russia and Ukraine to Iran and Israel, have seen a resurgent awareness of the frailty of US munitions stock, which has been drawn down by both direct and indirect involvement in these events. While exact stockpile volumes are not disclosed, it is estimated that supplies of US warheads and the missiles that carry them have declined by nearly an order of magnitude since their peak during the Cuban Missile Crisis. Analysts have estimated that in the event of a...