Oh sure, SpaceX's credit risk is pretty high because it's about to borrow another $40 billion to spend on Nvidia chips, but who cares about that? SpaceX and Tesla have formed special committees to discuss a merger! The degree to which you find this merger compelling likely has to do with the…
Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits Barclays is cutting 5,000 jobs as part of wider cost-saving plans that its bosses say are being driven by advances in AI. The job cuts will mean losing about 5% of the bank’s 93,000…
Musk says ‘there’s a lot of merit’ to potential merger that would require approval of 50% of all Tesla shareholders, but declined to elaborate Investors were paying close attention to Tesla ’s third-quarter earnings call on Wednesday afternoon, after chief executive Elon Musk floated the idea of…