Elon Musk touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, saying in a tweet the service could add „low latency ~half gigabit connectivity in the air!“
Investment in space companies exceeds $10 billion this year, a new annual record
Private investment in space companies set a new annual record of $10.3 billion raised, according to a report this week by firm Space Capital.
Stocks making the biggest moves premarket: Moderna, Virgin Galactic, Truist and more
These are the stocks posting the largest moves before the bell.
Goldman Sachs crushes analysts‘ estimates on strong investment banking and trading results
Goldman is the last of the six biggest U.S. banks to report earnings
China’s central bank says Evergrande is unique and most real estate developers are stable
The People’s Bank of China said Friday indebted developer China Evergrande is its own case, and that most real estate businesses are stable.
Bitcoin tops $60,000 as traders bet the SEC will approve ETF
Bitcoin surged as high as $59,920, notching its highest level since May. 10, but struggled to break above the $60,000 mark.
Here’s how much 10 big banks have cut their China growth forecasts
Major investment banks cut their predictions for China’s 2021 GDP, warning that power cuts and a slump in the property market may drag down growth.
Goldman Sachs crushes analysts‘ estimates on strong investment banking and trading results
Goldman is the last of the six biggest U.S. banks to report earnings
Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations
Wells Fargo on Thursday posted a jump in profit in the third quarter with net income of $5.1 billion, marking a sharp increase from $3.2 billion a year ago.
Citigroup profit surges 48%, driven by strong trading revenue
Citigroup topped estimates on the top and bottom lines for the third quarter.