GREY Journal Daily News Podcast

Aviation Week reported that a rocket startup pursuing tower-catch recovery validated a pre-cooling ground campaign, signaling progress toward integrated hot-fire testing. Tower-catch aims to capture a booster with launch tower arms to save mass and speed turnaround. SpaceX popularized the concept for Super Heavy, while Stoke Space has described similar plans and conducted a second-stage vertical t...

CNBC reported that AeroVironment shares rose 19 percent after an earnings beat, with backlog reaching $1.2 billion. The company, which trades as AVAV, supplies small drones and loitering munitions to U.S. and allied customers. Backlog quality, funding status, and delivery phasing will determine how quickly orders convert to revenue and cash. Demand is supported by increased procurement of unmanned...

The Bank for International Settlements warned that an AI-driven market rally could reverse and tighten financing across the economy. The report highlighted concentrated gains in large technology stocks such as Nvidia, Microsoft, Apple, Alphabet, and Amazon, and said elevated valuations could correct if earnings expectations fade. The BIS noted that restrictive monetary policy from the Federal Rese...

CNBC reported that Baidu's AI chip unit, Kunlunxin, is targeting a $50 billion Hong Kong IPO, sending Baidu shares up about seven percent. Kunlunxin designs AI accelerators deployed across Baidu AI Cloud and complements Baidu's Ernie large language model and Ernie Bot. The potential listing would test demand for semiconductor assets in Hong Kong and broaden Baidu's investor base. U.S. export contr...

Bloomberg reported that Verizon and BT plan a joint venture combining their international enterprise units. The move would consolidate managed network services across multiple regions and could offer single-contract models for multinational customers. Regulatory approvals will likely be required in the United Kingdom, the United States, and other jurisdictions, with reviews focused on competition,...

CNBC reported that Airwallex raised $320 million at an $11 billion valuation and plans to expand into finance run by AI agents. The company aims to embed automation across payment operations, reconciliation, and cash management. Finance agents can monitor transactions, route approvals, process invoices, and optimize foreign exchange execution. Adoption will depend on integrations with enterprise r...

Bloomberg, citing the New York Times, reports that OpenAI is leaning toward waiting until 2027 to go public. The company has not filed an S-1 and may choose to remain private while scaling products and partnerships. Delaying a listing could allow OpenAI to stabilize revenue, improve unit economics, and navigate regulatory scrutiny. Remaining private preserves financing options such as structured r...

A recent report from Inc.com argues that six venture firms now dominate startup financing, reflecting the rise of multistage giga VCs. Industry examples cited by founders include Sequoia Capital, Andreessen Horowitz, SoftBank's Vision Fund, Tiger Global Management, General Catalyst, and Lightspeed Venture Partners. Their size influences round structure, with larger lead positions, tighter syndicat...

The Wall Street Journal reported on June 24, 2026, that former Anthropic employees launched a startup aimed at helping scientists develop their own AI systems. Anthropic, led by CEO Dario Amodei and President Daniela Amodei, received up to $4 billion from Amazon in 2023 and at least $300 million plus additional financing reported as up to $2 billion from Google. The new venture targets researcher...

Micron Technology’s shares rose more than 16 percent in premarket trading after earnings, according to CNBC. The company supplies DRAM, NAND, and high bandwidth memory used in AI servers and data center accelerators. Demand from Microsoft, Amazon, Google, and Meta is pushing more premium memory content and longer lead times. The memory pricing cycle has improved since 2023 as supply tightened and...

CNBC reported that Cerebras shares fell about 10 percent after its first earnings report since its IPO, as the company forecast shrinking margins that lag peers. The guidance raised investor concerns about pricing power, input costs, and the timeline to profitability for newer AI accelerator vendors. Competitive pressure from Nvidia, AMD, and custom chips from major cloud providers continues to sh...

SpaceX completed a $25 billion debt sale less than two weeks after its IPO, according to CNBC. The deal adds long-term financing alongside new equity to support operations and growth. Investor demand for the bonds indicates confidence in SpaceX's credit profile. SpaceX operates launch services and Starlink, which require significant capital and provide diversified revenue from government and comme...

Investors watch Micron's guidance for clues on AI memory demand and inventory across chip supply chains. Hosted on Acast. See acast.com/privacy for more information.

The Commodity Futures Trading Commission opened a review of rules that may hinder fintech partnerships with futures commission merchants, swap dealers, exchanges, and clearinghouses. The review is expected to focus on outsourcing, vendor due diligence, regulator access to records, cybersecurity testing, and data retention under Regulation 1.31. Chairman Rostin Behnam and Commissioners Caroline D....

Bloomberg reported that Qualcomm is nearing a deal to acquire Modular, an AI software startup known for the Mojo programming language and an inference engine for cross hardware deployment. The reported move aligns with Qualcomm’s push to expand on device AI on Snapdragon platforms, including PCs that meet Microsoft’s Copilot Plus NPU requirements. Competitive pressure from Nvidia, Apple, Intel, an...

Yahoo Finance reported that SpaceX shares fell 16.4 percent, giving back most gains since the company's public debut. The move highlights typical post IPO volatility as early allocations, stabilization activities, and changing ownership dynamics shape trading. Investors are focusing on Starlink subscriber growth, launch cadence, and regulatory milestones that influence margins, capital needs, and...

Bloomberg reported that Chinese backing is helping African startup Spiro approach a near $1 billion valuation. The development suggests later stage checks are returning to asset heavy mobility and energy businesses in Africa. Chinese investors and partners can add supply chain access, vendor financing, and manufacturing support that influence unit economics. E mobility operators must also secure c...

CNBC reported that SpaceX shares declined again after a rally that followed its blockbuster IPO. The movement reflects post-IPO price discovery as allocations settle, lockups constrain float, and underwriter stabilization tools taper off. Investors are assessing SpaceX's launch contracts and the Starlink broadband network, both of which require significant capital. Equity performance will influenc...

Senator Pete Ricketts introduced a bipartisan bill on June 18, 2026 to strengthen partnerships between banks and fintech companies. The proposal arrives after the OCC, FDIC, and Federal Reserve issued interagency third-party risk guidance in June 2023 and after market disruptions such as the 2024 Synapse bankruptcy. Sponsor banks have increased audits, monitoring, and vendor oversight, raising onb...

NASA announced a new contract for commercial satellite data acquisition on June 18, 2026. The program buys privately collected Earth observation data to support Earth science research and archives datasets for NASA-funded users under license. Procurements of this type are commonly multi-award and task-order based, emphasizing data quality, delivery latency, and reliability. University labs, NOAA,...

SpaceX began trading under the ticker SPCX, opening at $150 per share and implying a valuation above $2 trillion, according to qz.com. The company led by CEO Elon Musk operates launch services with Falcon rockets and the Starlink satellite broadband network, while developing Starship for heavy payloads. Early trading is expected to be volatile, with lockup periods limiting insider sales and potent...

The Wall Street Journal reported that a $13 billion AI startup is betting on cheaper alternatives to OpenAI and Anthropic. Enterprises are shifting from pilots to production and seeking to control inference costs across support, copilots, and content workflows. Open source options such as Meta's Llama and models from Mistral enable targeted deployments with retrieval and fine-tuning to improve cos...

Senators introduced a bill directing the Government Accountability Office to study bank fintech partnerships and their oversight across the OCC, FDIC, Federal Reserve, and CFPB. The review would assess charter renting concerns, dispute resolution in multi party arrangements, and the clarity of consumer disclosures about where funds are held. Regulators have already raised expectations through the...

Major indexes have risen on strong earnings from large technology companies, with Nvidia, Microsoft, Apple, Alphabet, and Meta driving sentiment. Gains are concentrated, and valuations are sensitive to Federal Reserve policy, persistent inflation, and elevated Treasury yields. Some profit improvement reflects cost controls and buybacks, including Apple’s $110 billion authorization in 2024. IPO act...

AP News reports that former Federal Reserve governor Kevin Warsh will be in the spotlight as the Fed is expected to leave rates unchanged. A hold would keep the prime rate and short-term benchmarks like SOFR broadly stable, anchoring costs on variable-rate lines, equipment loans, and many SBA loans. Treasury yields and swap markets may still move on guidance about inflation, employment, and balanc...