Zynga, Lululemon, Virgin Orbit, Tilray: What to Watch When the Stock Market Opens Today

Updated Jan. 10, 2022 9:34 am ET Wall Street stock indexes opened lower ahead of inflation data and the first wave of major earnings reports later this week. Here’s what we’re watching in Monday’s trading: It’s a happy day in FarmVille: Take-Two Interactive TTWO -1.45% is acquiring Zynga ZNGA -1.10% in a stock-and-cash deal. Zynga … Read more

This Space Stock Will Reach Orbit With a Little Help From Good Old H2O

Text size Courtesy Momentus Commercial space stocks have been hit hard by fears of higher interest rates. Some see the drop as an opportunity, which explains new Buy ratings for two companies—both within a few days of each other. The latest came Monday for space logistics provider Momentus . Planet Labs, which offers high-resolution images … Read more

SpaceX’s Future Depends on a Gigantic Rocket and 42,000 Internet Satellites

SpaceX wants to use its Starship rocket for the kind of voyages to Mars and beyond that Elon Musk has long dreamed of pursuing. Starship also forms an important foundation of the future business strategy at his space company, which wants to use the vehicle in part to build out Starlink, the satellite-internet service many … Read more

Virgin Galactic Space Flight Tickets to Start at $450,000 a Seat

Billionaire entrepreneur Richard Branson and five crew members successfully traveled to the edge of space in July, experiencing weightlessness aboard a Virgin Galactic spacecraft. The flight is part of a push to spur a new space-tourism industry. Photo: Virgin Galactic Virgin Galactic Holdings Inc. SPCE 3.97% said it plans to charge consumers at least $450,000 … Read more

Rocket Lab Stock Jumps on New Buy Call. It Has a Leading Launch System.

Text size Rocket Lab has the ability to build and operate satellites, as well as launch them into space. Courtesy Rocket Lab Stock in the space launch and satellite services provider Rocket Lab USA is on the move Tuesday after picking up a new Buy rating. Rocket Lab stock (ticker: RKLB) was up 3.8% in … Read more

Amazon Sets Wi-Fi Satellite Launch. The Rocket Doesn’t Belong to Jeff Bezos.

Text size Amazon’s Project Kuiper wants to deliver high-speed internet access from space. Nicoelnino / Dreamstime Amazon.com ‘s space-based Wi-Fi project, Kuiper, gets off the ground next year. But the tech giant isn’t using rockets from founder Jeff Bezos to carry the first satellites. Amazon plans to launch two satellites on a new rocket, the … Read more

The semiconductor crisis affects corporate fleets less than automakers

The French supplier Novares, whose plastic components equip one in three vehicles in the world, is claiming tens of millions of euros in damages from its car manufacturer customers to offset the impact of the repeated shutdowns of their factories linked to the flea shortage on September 8. JEFF DEAN / REUTERS Factories in technical … Read more

Elon Musk Has a Full Resume With Tesla and SpaceX. 1 More Thing He Can Add.

Text size Tesla CEO Elon Musk. Getty Images Elon Musk has built two industrial behemoths— Tesla and SpaceX—revolutionizing two industries along the way. But that’s not all he has done to change global industry. Musk has also given manufacturing companies a new word: gigafactory. The practical definition of a gigafactory is a larger, modern manufacturing … Read more

Ireland joins global tax reform deal and agrees to raise corporate tax

The text of the agreement evoked a corporation tax at the minimum effective rate of 15%. Ireland has a corporate tax rate of 12.5%, one of the lowest in the world. Article written by Posted the 10/07/2021 22:26 Update the 10/07/2021 22:26 Reading time : 1 min. “A very important step”. The Irish government agreed … Read more