WS #10469
SpaceX shares tumble 16%+, shedding $400bn in market value, driven by rising US bond yields and first investment-grade bond sale. Qualcomm in advanced talks to acquire AI chip startup Modular Inc. for ~$4B, boosting AI software capabilities and challenging NVIDIA. IBM partners with OpenAI on enterprise security AI, positive for both companies.
SpaceX selloff
SpaceX shares tumble 16%+, shedding $400bn in market value, driven by rising US bond yields and first investment-grade bond sale.
Qualcomm in advanced talks to acquire AI chip startup Modular Inc. for ~$4B, boosting AI software capabilities and challenging NVIDIA.
IBM partners with OpenAI on enterprise security AI, positive for both companies.