Flickr / JD Lasica Venture capitalist billionaire Chamath Palihapitiya is modeling his Social Capital firm at Warren Buffett’s company. “My ambition is to be the Berkshire Hathaway of our generation,” said the president of Virgin Galactic in a recent Fortune interview. Palihapitiya hopes to make the Capital Stock public and …
Read More »Nike, Albertsons, Amazon, Big Lots and more
Take a look at some of the most important engines on the previous market: Nike (NKE) – Nike lost 51 cents a share in its last quarter, well below the consensus forecast for a profit of 7 cents a share. The footwear and sportswear maker’s revenue was also well below …
Read More »Very expensive balloon ride promises quite a view
(Newser) – It’s still expensive, but this could be the cheapest option for space tourists yet. The company Space Perspective plans to bring people into Earth’s stratosphere in a giant balloon with a pressurized cabin, Space.com reports. The cost? $ 125,000 per seat. The journey would take about six hours, …
Read More »Virgin Galactic SPCE completes second glide test, upcoming rocket-powered flights
The Virgin Galactic spacecraft, Unity, lands during a glide test flight on May 1, 2020. galactic virgin Virgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should prepare the company to begin space flight next. The company said that after completing “an …
Read More »Dow futures drop 200, jobless claims rise, travel stocks sink
The New York Stock Exchange (NYSE) is located in Lower Manhattan on May 18, 2020 in New York City. Markets increased today as promising details of a possible COVID-19 vaccine were released and more European countries were gradually reopened after months of closure. Spencer Platt | fake pictures This is …
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