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Tuesday, August 4, 2026

Markets · Earnings · Macro

SpaceX Expects to Receive Significant Percentage of Nvidia GPUs Next Year, Says Musk

SpaceX CEO Elon Musk says the company expects to receive a significant percentage of Nvidia GPUs next year. The deal underscores SpaceX's expanding AI compute ambitions and bolsters Nvidia's dominant position in AI hardware. Analysts view…

By Lila Merrick8m ago

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SpaceX President Says Company Won More Than $6 Billion in U.S. Government Contracts in Q2

SpaceX secured over $6 billion in new U.S. government contracts during the second quarter, according to President Gwynne…

By Marcus Hensley25m ago

Musk's Grok Aims to Become the Ultimate Engineering Tool

Elon Musk's xAI is intensifying efforts to transform Grok into a premier AI for engineering and coding. SpaceX and other Musk…

By Lila Merrick30m ago

SpaceX to Rely Exclusively on Nvidia for AI Compute, Musk Says

SpaceX will use Nvidia (NVDA) as its sole AI chip supplier, according to Elon Musk. The exclusive deal underscores the growing…

By Lila Merrick31m ago

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Explore the latest news from the world in real-time.

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1yFed's Kugler flags inflation risks, signals cautious policy stance

1yFed's Kugler warns inflation progress has slowed, cites persistent pressures

1yMarkets may be underestimating April 2 tariff impact, Goldman warns

1yUS stock index futures turn positive as tariff concerns ease

1yRussia accuses Ukraine of violating energy infrastructure ceasefire

1yU.S. and Russia extend talks in Saudi Arabia, joint statement expected Tuesday

1yMeta plans $14 monthly ad-free subscription for Instagram and Facebook in the UK

1yEU set to close antitrust probe into Apple's iPhone browser options after compliance changes

1yTesla's European Market Share Plummets Amid Political Controversies and Rising Competition

1yTrump weighs two-step tariff rollout targeting Canada, Mexico, and EU imports

1yWaymo targets 2026 commercial robotaxi launch in Washington D.C. as expansion accelerates