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SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

Market reaction saw shares of established telcos AT&T Inc (NYSE: T) and Verizon Communications Inc (NYSE: VZ) slip 3.94% and 2.97%, respectively. AT&T Inc (NYSE: T) now trades at $23.67, while Verizon Communications Inc (NYSE: VZ) is priced at $46.45.

Vinay Lochav | 03 June 2026

Sprinklr (NYSE: CXM) Shares Fall on Cut to FY Sales Outlook

Sprinklr CXM Shares DiveKey SummarySprinklr's shares experienced a decline after a sales outlook adjustment was announced.The adjustment impacted the company's projected fourth-quarter sales numbers.Sprinklr's shares were affected by the change in sales outlook. The company's marketCapitalizationstands at USD 1.31 billion.A revised sales outlook for …

Vinay Lochav | 03 June 2026

SSR Mining (NASDAQ: SSRM) Raised to Outperform from Sector Perform by RBC Capital

SSR Mining has received an upgrade to Outperform from Sector Perform by global investment bank RBC Capital. This move reflects RBC Capital's increased confidence in the company's future prospects.

Vinay Lochav | 03 June 2026

Starfighters Space Inc. (NASDAQ: FJET) Joins Russell 3000 Index

Starfighters Space Inc. (NASDAQ: FJET) has joined the Russell 3000 Index, marking a significant milestone for the supersonic air-launch platform developer. This inclusion is effective after the U.S. market close on June 26, 2026, and the Russell indexes will go live at the open …

Vinay Lochav | 03 June 2026

Stem Inc. (NYSE: STEM) Annual General Meeting Unanimously Approves Agenda

Stem Inc.'s (NYSE: STEM) annual general meeting was a significant event in the company's history, as all 4 agenda items were unanimously approved by shareholders. The meeting, which took place on June 3, 2026, covered director elections,Equityplan amendments, executive compensation, and auditor ratification, all …

Vinay Lochav | 03 June 2026

Sustainability Forum Middle East Roundtable Highlights Pathways for Accelerating Energy Efficiency in Partnership with Tabreed Bahrain (Bahrain Stock Exchange: TABR) and Boston Consulting Group (NASDAQ: BCG)

The Sustainability Forum Middle East (SFME), inPartnershipwith Tabreed Bahrain (Bahrain Stock Exchange: TABR) and Boston Consulting Group (NASDAQ: BCG), held a high-level roundtable on "Accelerating Energy Efficiency Delivery under Bahrain's National Energy Strategy" at the Wyndham Grand Manama Hotel, Kingdom of Bahrain.

Vinay Lochav | 03 June 2026

Uber Cuts Jobs in Human Resources Department

The cuts are expected to impact the People and Places department, which includes recruitment and workplace facilities. This move is part of a broader effort to improve the team's effectiveness, as outlined by Chief Executive Dara Khosrowshahi. In an internal note to employees, Jill …

Vinay Lochav | 03 June 2026

Uber Technologies Inc. (NYSE: UBER) Cuts 23% Of People Division As New President Takes Charge

Uber Technologies Inc. (NYSE: UBER) has announced plans to slash its people division by nearly a quarter in an effort to enhance operational efficiency. The move follows the appointment of new president Jill Hazelbaker, who aims to build a more connected, modern, and operationally …

Vinay Lochav | 03 June 2026

Snowflake Inc (NYSE: SNOW) Maintained at Overweight

Snowflake Inc (NYSE: SNOW) has been maintained at overweight by Piper Sandler. This rating indicates that the analyst believes the company's stock will perform better than the market average.

Vinay Lochav | 03 June 2026

SpaceX IPO Sets $135 per Share Price with $1.75 Trillion Valuation

SpaceX, the private space exploration company founded by Elon Musk, has set a fixed price of $135 per share for its highly anticipated initial public offering (IPO). According to a source, the company aims to raise $75 billion from the sale of 555.6 million …

Vinay Lochav | 03 June 2026
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