Tuttle Capital Heavy Asset Low Obsolescence ETF (HALX) News

Elon Musk Announces Oct. 1 Unveil for Tesla Roadster—'Go for Launch'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk said on Saturday that the company will unveil its long-delayed Roadster on Oct. 1, nearly a decade after teasing the next-generation sports car.Tesla's

Benzinga12:26

Unlikely Alliance Between Rivals! Musk and Altman Back Dario Amodei’s Call for a "Global Slowdown in AI"

Anthropic’s Dario Amodei issued a call for a "global slowdown in AI," prompting arch-rivals Elon Musk and Sam Altman to publicly endorse the initiative. The three tech giants agreed to grant third

wallstreetcn10:05

Costco, the Dallas Cowboys, and the Art of Valuing Fan Loyalty

Seeking AlphaSep 12 19:00

Tanker freight rates have surged to 4.5 times the baseline benchmark, with the war costs of Middle East conflicts being factored into the price of every barrel of crude oil.

This week, freight rates for very large crude carriers (VLCCs) on the Gulf of Oman-to-China route surged to Worldscale 450 points (equivalent to 4.5 times the benchmark rate), translating to approximately $11.50 per barrel and setting a record high since the inception of this route. Meanwhile, ongoing military exchanges between the United States and Iran continue to constrain available shipping capacity in the Gulf, while VLCC freight rates on the West Africa-to-Asia route have also hit historic highs.

wallstreetcnSep 12 05:30

As net long positions in WTI crude oil hit a 20-week high, the Trump administration is considering invoking the Defense Production Act to expand refining capacity.

Executives at refining companies stated that new refineries require several years to become operational, leading them to prioritize improving the efficiency of existing facilities. Currently, the average price of diesel in the United States has surpassed $6 per gallon for the first time, while gasoline prices remain elevated, and refinery utilization rates have reached approximately 98%. According to data from the CFTC, as of the week ending September 8, net long positions in NYMEX WTI crude oil hit a 20-week high, and net long positions in gasoline reached a nine-month high.

wallstreetcnSep 12 05:02

SpaceX Exec Says Starship Will Generate Revenue for First Time 'Later This Month'

Space Exploration Technologies Corp. (NASDAQ:SPCX) Chief Financial Officer Bret Johnsen says Starship will generate revenue for the first time later this month, as Elon Musk's space company moves

BenzingaSep 11 23:25

Houthi forces have nearly complete control of the Bab el-Mandeb Strait! A dual blockade is strangling Saudi Arabia's export lifeline.

The Houthi forces have not only seized all strategic islands in the Red Sea but also paralyzed Saudi Arabia’s last crude oil export corridor. Can isolated Riyadh weather this shock?

Golden10 DataSep 11 22:19

IEA warns that the war in Iran has dragged oil demand to its largest post-pandemic decline, cautioning that further weakening is likely in the coming months.

The ongoing conflict in Iran continues to weigh on global oil demand, with this year's decline marking the largest since the onset of the pandemic, and further contraction is likely in the coming months.

wallstreetcnSep 11 22:02

Watching SpaceX; Trading Desks Mentioning SpaceX Nasdaq-100 Weight Rises From 1.25% As Lockup Expirations Lift Free Float, Forcing Net Passive Buying; Rebalance Results Due September 11, Effective September 21

Watching SpaceX; Trading Desks Mentioning SpaceX Nasdaq-100 Weight Rises From 1.25% As Lockup Expirations Lift Free Float, Forcing Net Passive Buying; Rebalance Results Due September 11, Effective

BenzingaSep 11 21:02

EXCLUSIVE: Anthropic's $1.2 Trillion Valuation Has A SpaceX Problem: Scarcity, Not Fundamentals

Anthropic's soaring private-market valuation may say as much about the scarcity of its shares and the broader frenzy around artificial intelligence as it does about the company's underlying

BenzingaSep 11 20:00

SPCX CFO Bret Johnsen Says China Has an 'Amazing Space Program' — But It's 'Not on a Starship Level'

Space Exploration Technologies Corp. (NASDAQ:SPCX) CFO Bret Johnsen said China has an "amazing space program" but still falls far short of matching Starship, arguing SpaceX's reusable launch system

BenzingaSep 11 18:19

OpenAI Said to Be Weighing Slower Development of Cutting-edge AI

Seeking AlphaSep 11 18:02

SpaceX Closes $1.11 Billion-a-Month Compute Deal as CFO Doubles Down on $100 Billion ARR Target

Space Exploration Technologies Corp.'s (NASDAQ:SPCX) Chief Financial Officer Bret Johnsen says the company has closed another compute agreement that would help the Elon Musk-led space giant reach

BenzingaSep 11 14:39

SpaceX Secures Major AI Computing Contract; CFO Projects Year-End ARR to Reach $100 Billion, with First Space-Based Computing Satellite Launch Scheduled for Next Year

SpaceX CFO Johnsen stated that the new contract will generate $1.1 billion in monthly revenue starting in December. He expects the upcoming Starship flight, scheduled for this month, to generate revenue for the first time. SpaceX plans to launch its first batch of orbital computing satellites next year. The company projects that its ground-based computing deployment capacity will exceed 2GW by the end of this year and further expand to between 5GW and 10GW next year. Additionally, SpaceX intends to sequentially launch its next generation of direct-to-cell satellites next year, aiming to commence services in the first half of 2028 with an upgrade to "full 5G quality" service.

wallstreetcnSep 11 07:17

Congresswoman Bets on Elon Musk, Warren Buffett: Here's the Latest Stock Transactions

Retail investors often monitor the trading activity of members of Congress. Investors may want to pay particular attention to recent trades from one member, with stocks connected to Elon Musk and

BenzingaSep 11 07:03

SpaceX Signs $1 Billion-a-month AI Hosting Deal

Seeking AlphaSep 11 05:57

Houthi forces seized a key Red Sea port, escalating the conflict with Saudi Arabia, while reports emerged that Iran has resumed ballistic missile production, sending crude oil prices surging.

Officers of the Yemeni government forces stated that on Thursday, Houthi rebels captured Mokha, a strategic port city in Taiz Province in southwestern Yemen and a key location on the Red Sea. On the same day, the Houthis claimed that Saudi Arabia had launched 64 airstrikes across multiple locations in Yemen within a 24-hour period. They asserted that navigation in the Red Sea remains "unthreatened" and described their military operations as defensive. Shipping industry experts noted that the capture of Mokha allows the Houthis to advance further south, effectively achieving "near-total control" of the Bab el-Mandeb Strait. The loss of Mokha will "undoubtedly impact maritime security in the region."

wallstreetcnSep 11 04:56

Devon, Williams and Targa Lead New Top Picks at Stifel on Higher Commodity Prices, Tighter Supply

Seeking AlphaSep 11 03:53

SpaceX Overhauls AI Data Center Construction Model: Slows Expansion, Prioritizes Reliability

According to media reports, Musk has implemented large-scale adjustments to the data center management team, appointing a veteran from the rocket business as the head. The new management team requires more comprehensive testing and the installation of additional power and cooling backup systems before the data centers become operational, prioritizing higher reliability over construction speed. Last week's power outage at the Memphis data center caused partial downtime for the Grok model and had cascading effects on compute-leasing customers such as Anthropic and Google.

wallstreetcnSep 11 03:30

Billionaire Investor Added SpaceX to His Portfolio Right After the IPO

Dan Loeb's Third Point opened a position in Space Exploration Technologies Corp. (NASDAQ:SPCX) during the second quarter, holding 180,415 Class A shares worth about $31 million as of June 30.On June 1

BenzingaSep 11 00:10