Esteban Tesson

SpaceX signs a $6.3bn contract with Reflection AI

SpaceX has reached a major compute power supply deal with Reflection AI, a start-up specializing in open-source artificial intelligence. Under the terms of the contract, Reflection will gain access to the Colossus infrastructure and Nvidia GB300 chips, among the most advanced on the market. The company will pay $150m per month from July 1, 2026 through 2029. If the agreement is carried out in full, cumulative payments would total about $6.3bn, although a clause allows either party to terminate with 90 days' notice after the first three months.

June 22, 2026 at 06:16 pm

Lucid cuts jobs and reshuffles management to lower costs

Lucid Group said it will eliminate about 18% of its U.S. workforce as part of a cost-cutting plan aimed at improving its financial position. The electric-vehicle maker expects the restructuring to generate about $158m in annual savings. The job cuts will affect full-time employees as well as contractors and hourly production workers at the group's plants.

June 22, 2026 at 05:31 pm

Moderna Secures Favorable FDA Panel Recommendation for mRNA Flu Vaccine

A Food and Drug Administration (FDA) advisory committee has unanimously recommended the approval of Moderna's mRNA-based influenza vaccine, mFlusiva, for adults aged 50 and older. The nine-member panel determined that the vaccine's benefits outweigh its risks, significantly boosting the prospects for the first seasonal flu shot utilizing messenger RNA technology to enter the US market. A final decision from the FDA is expected by August 5. Following the announcement, Moderna shares rose more than 2.5% during the trading session.

June 18, 2026 at 10:54 pm

Kardigan Makes Strong Nasdaq Debut Following Upsized IPO

Kardigan delivered a notable market debut on the Nasdaq, raising $400m in an upsized initial public offering. Shares of the cardiovascular treatment specialist opened at $16.25, above the $16 IPO price, before climbing more than 22% during the session. This performance underscores a resurgence in investor appetite for biotechnology firms boasting advanced clinical programs and robust growth prospects.

June 18, 2026 at 10:52 pm

Moderna wins a favorable FDA panel vote for its mRNA flu vaccine

The Food and Drug Administration's (FDA) advisory committee unanimously recommended approval of Moderna's mRNA flu vaccine, called mFlusiva, for adults 50 and older. The nine experts said the vaccine's benefits outweighed its risks, boosting the odds that the first seasonal flu shot based on this technology could reach the U.S. market. The FDA's final decision is expected by August 5. The news lifted the stock by more than 2.5% in the session.

June 18, 2026 at 10:46 pm

Tower Semiconductor and Marvell cross the five million mark for AI photonics chips

Tower Semiconductor said it has shipped more than five million coherent photonic integrated circuits developed with Marvell Technology, marking a major milestone in the rollout of communications infrastructure for artificial intelligence data centers. The components are used in high-performance optical transmission systems that link data centers and address the sharp rise in bandwidth needs, transfer speeds, and energy efficiency driven by the AI boom.

June 18, 2026 at 10:02 pm

SpaceX Prepares Potential $20bn Bond Offering Following Landmark IPO

June 18, 2026 at 09:28 pm

Kardigan makes a strong Nasdaq debut after a boosted IPO

Kardigan posted a notable Nasdaq debut, raising $400m in an upsized initial public offering. Shares of the cardiovascular drug developer opened at $16.25, above the $16 IPO price, before climbing more than 22% during the session. The performance underscores renewed investor appetite for biotech companies with late-stage clinical programs and what the market views as solid growth prospects.

June 18, 2026 at 09:24 pm

SpaceX Prepares a Potential $20bn Bond Offering After Its IPO

June 18, 2026 at 08:50 pm

GTA VI Opens Pre-Orders and Confirms November Release

Rockstar Games has announced that pre-orders for Grand Theft Auto VI will open on June 25, a move that reinforces expectations for a November 19 launch following several delays. This installment is considered one of the most anticipated video games in history and is expected to generate several billion dollars in sales within its first days of release. The announcement was favorably received by the markets, with Take-Two Interactive shares rising approximately 4% on Wall Street's opening.

June 18, 2026 at 07:45 pm

Wall Street Rallies on Iran Agreement

Wall Street returned to positive territory this Thursday as investors welcomed an interim agreement reached between Washington and Tehran, betting on a lasting easing of Middle East tensions. At mid-session, the S&P 500 is up 1%, the Dow Jones has gained 0.5%, while the Nasdaq 100 is trading 2.1% higher.

June 18, 2026 at 07:07 pm

Wall Street rebounds on Iran deal

Wall Street moved back into positive territory on Thursday, with investors cheering the interim agreement reached between Washington and Tehran and betting on a lasting easing of tensions in the Middle East. By midday, the S&P 500 was up 1%, the Dow Jones added 0.5%, and the Nasdaq 100 gained 2.1%.

June 18, 2026 at 06:06 pm

GTA VI opens preorders and confirms a November release

Rockstar Games announced that preorders for Grand Theft Auto VI will open starting June 25, a move that reinforces expectations for a Nov. 19 launch after several delays. The installment is widely viewed as one of the most anticipated video games in history and is expected to generate several billions of dollars in sales in its first days on the market. The news was welcomed by investors, with Take-Two Interactive shares up about 4% at the opening bell on Wall Street.

June 18, 2026 at 05:57 pm

Intel Surges Following Announcement of Apple Partnership

Intel shares climbed by up to 8% on Thursday after US President Donald Trump stated that Apple has reached an agreement with the semiconductor manufacturer to design and produce chips in the United States. In a post on Truth Social, Trump framed the partnership as a significant milestone in efforts to reshore the production of strategic components to American soil. The announcement also provided a lift to Apple stock, which edged up about 1% in early trading.

June 18, 2026 at 05:36 pm

Intel surges after announcement of a partnership with Apple

Intel shares jumped 8% on Thursday after U.S. President Donald Trump said Apple had reached an agreement with the semiconductor maker to design and manufacture chips in the United States. In a post on Truth Social, Trump framed the partnership as a key step in efforts to bring the production of strategic components back onto U.S. soil. The news also lifted Apple shares, which were up slightly (+0.9%) early in the session.

June 18, 2026 at 05:07 pm

Wall Street Slips After the Fed Holds Steady and Signals a Possible Rate Hike

Wall Street’s major indexes finished in the red after the first monetary policy meeting chaired by Kevin Warsh. The U.S. Federal Reserve left interest rates unchanged, in line with market expectations, but indicated that a rate increase could still be on the table down the road. Against that backdrop, the S&P 500 fell 1.21% to 7,420.1 points, the Dow Jones dropped 0.97% to 51,493.1 points, and the Nasdaq 100 gave up 0.99% to 29,670.9 points.

June 17, 2026 at 11:13 pm

Fed Holds Rates Steady and Adopts a More Hawkish Tone

The US Federal Reserve left its benchmark interest rate unchanged within a range of 3.5% to 3.75% at its first meeting under the chairmanship of Kevin Warsh. While the decision was widely anticipated, the central bank shifted its communication by removing previous references that hinted at an upcoming rate cut. New projections no longer foresee monetary easing this year and now leave the door open for a potential rate hike before the end of 2026.

June 17, 2026 at 11:10 pm

JetBlue scales back its New York footprint to focus on Florida

JetBlue Airways said it will close this fall its dedicated flight attendant crew base at Newark Liberty International Airport, along with its technical operations bases at Newark and at LaGuardia Airport. The move is part of the airline's streamlining push to cut costs and shift resources to markets it considers more profitable.

June 17, 2026 at 10:18 pm

The Fed Holds Rates Steady and Strikes a More Hawkish Tone

The U.S. Federal Reserve kept its benchmark rate unchanged in a range of 3.5% to 3.75% at its first meeting under Chairman Kevin Warsh. While the decision was widely expected, the central bank shifted its messaging by removing references that had previously hinted at an imminent rate cut. The new projections no longer foresee any monetary easing this year and now leave open the possibility of a rate increase before the end of 2026.

June 17, 2026 at 09:09 pm

EigenQ Prepares for IPO Amid Surge in Quantum Cybersecurity Demand

EigenQ has announced its plans to go public through a merger with the ad hoc acquisition company Silicon Valley Acquisition Corp. The deal values the firm at approximately $3bn. The company specializes in cybersecurity technologies designed to protect networks and devices against future threats posed by quantum computing, a field garnering increased interest from both corporations and governments.

June 17, 2026 at 06:31 pm

Trump threatens to resume strikes against Iran, despite progress in negotiations

US President Donald Trump said on Wednesday that the memorandum of understanding currently being negotiated with Iran is not yet final, warning that the United States could resume military operations if the terms of the agreement do not meet his requirements. Speaking at the G7 summit in Evian-les-Bains, he asserted that the proposed memorandum has yet to prove its worth and warned that Washington would return to bombing campaigns if Tehran fails to adhere to the behavior expected by the US.

June 17, 2026 at 06:27 pm