LUNR CEO Highlights ‘Record’ Q3 – Revenue Hits $269M, Backlog Reaches $1.9B

CEO Steve Altemus said the company remains focused on IM-3 and its first Altus-1 lunar satellite, which is on track for a planned launch in March/April 2027. The firm’s Q3 revenue surged 413.7% year-over-year to $269.3 million, beating analysts’ estimates of $247.56 million. Adjusted EBITDA swung to $8.3 million from a $13.2 million loss a … Read more

Supermicro, Nvidia Reportedly Face DOJ Scrutiny In Separate Inquiries — SMCI Stock Plunges

According to Bloomberg, Federal prosecutors are investigating whether entities linked to Alice Huang were involved in efforts to smuggle Supermicro products into China. Two DOJ inquiries involving Supermicro and Megaspeed focus on Alice Huang, Semafor reported. A separate DOJ antitrust investigation focuses specifically on Nvidia, but Jensen Huang is not a target of U.S. law … Read more

OpenAI Reportedly Raises $15B At $1.25 Trillion Valuation

According to CNBC’s David Faber, OpenAI’s fundraising is half the $30 billion it initially sought from investors. The reported valuation is still about 47% above the $852 billion valuation attached to its March funding round. Nvidia provided OpenAI with approximately $30 billion, while SoftBank has provided $65 billion, CNBC’s David Faber reported. The reported funding … Read more

BJP Leader Ram Kadam Demands Truthful Biopic on Sonia Gandhi’s Life

BJP leader Ram Kadam has demanded that any potential biopic on Sonia Gandhi must be factual and realistic, warning against political flattery while citing historical events like the 1984 anti-Sikh riots and citizenship issues. BJP’s Ram Kadam Critiques Proposed Sonia Gandhi Biopic Follwoing Telangana Pradesh Congress Committee (TPCC) Working President Jagga Reddy’s announcement of adapting … Read more

Karnataka Congress Leaders Criticize BJP Over Memoir and Metro Funds

Karnataka Congress leaders have attacked the BJP, with BK Hariprasad criticizing the party’s reaction to Sonia Gandhi’s memoir, and Ajay Dharam Singh questioning the Centre’s reduced funding share for the Bengaluru Metro project. Congress Criticizes BJP Over Sonia Gandhi’s Memoir Karnataka Congress President BK Hariprasad on Thursday criticised the BJP over its reaction to Sonia … Read more