Finance

Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company’s future profitability. Source link

The Social Security Administration announced a “massive” reorganization and “significant” job cuts on Thursday that critics said could increase customer-service wait times and make it more difficult to detect fraud. Source link

The company is expanding beyond large cloud providers with its AI-server business. Source link

Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial intelligence. Source link

Rocket Lab USA Inc. shares fell about 13% in extended trading Thursday after the space-launch company topped Wall Street’s fourth-quarter revenue estimates but gave a weaker-than-expected first-quarter outlook. Source link

The cloud software pioneer delivered an annual revenue growth rate in the single digits for the first time. Source link

SoundHound saw accelerating growth in the latest quarter and touted new voice-based AI deals with fast-food restaurants. Source link

Home-builder ETFs are in the red in 2025 after a brutal February. Source link

HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, including an ongoing shift of its manufacturing operations and purchasing more inventory ahead of the expected tariffs. Source link

The biggest impact of the 24-hour economic blackout protest planned for Feb. 28 could be the strong message it sends about consumer mood right now. Source link

VSE press release (NASDAQ:VSEC): Q4 Non-GAAP EPS of $0.90 beats by $0.18. Revenue of $299M (+27.1% Y/Y) beats by $9.03M. Adjusted EBITDA of $39.5 million increased 26%. The company generated $55 million of operating cash flow and $52 million of…

Image Source: 123rf.com When it comes to banking and finance, you may have found yourself wondering how banks make money. While much of it is made through loans and interest, banks make a ton of money through hidden fees. These…

Image Source: 123rf.com It is almost a platitude at this point, but money issues can be a leading cause of divorce. Finding an equitable approach to handling household expenses is crucial for maintaining financial harmony and reducing tension. So, who…

Cryptocurrency has revolutionized the financial world, offering new opportunities and challenges. One such challenge is understanding how to handle crypto taxes, especially when purchasing cryptocurrencies with a credit card in the USA. The IRS treats cryptocurrency as property, meaning that…

Cryptocurrency investing and trading can be both exciting and profitable, but getting started requires understanding a few key concepts. Here’s a straightforward guide to help you begin your journey into the world of cryptocurrencies. To kick off your cryptocurrency journey,…

Singapore has emerged as one of the most sought after places in the world for investing in cryptocurrencies. This has been due to its friendly environment and highly advanced infrastructure with the most favorable regulatory environment by some of the…

Investing in cryptocurrency can be exciting yet intimidating. However, it should never be felt intimidating if only you know the right approach; you can have confidence in navigating this dynamic landscape. To get started, you need to choose a reliable…

On July 19, 2024, a significant global outage disrupted Microsoft’s services, affecting millions of users worldwide. This incident is particularly noteworthy due to the extensive reliance on Microsoft’s ecosystem by various industries. From critical infrastructure in healthcare to essential operations…

The global financial landscape is experiencing unprecedented turbulence as the unwinding of the yen carry trade sends shockwaves through stock and bond markets. This trading strategy, once a cornerstone for global investors seeking to exploit the interest rate differentials between…

The U.S. job market, long considered a bellwether of economic health, faced a significant setback in July 2024. According to Reuters and ABC News reports, the unemployment rate climbed to 4.3%, a level not seen since the early stages of…