S&P 500 declines to include SpaceX, OpenAI, and Anthropic, citing strict eligibility rules despite potential passive investment gains and recent rule changes.
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Aerospace & Defense Industries
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Google to pay SpaceX $920M a month for compute capacity at xAI data centers
Google will pay SpaceX $920 million monthly for AI compute capacity at xAI data centers, extending through June 2029, in a major infrastructure agreement.
Google will pay SpaceX $920M per month for compute
Google will pay SpaceX $920 million per month from October 2026 to June 2029 for access to approximately 110,000 NVIDIA GPUs and related hardware, as per a regulatory filing.
How AI could make wars go nuclear
Experts warn that AI-enabled military systems could accelerate conflict escalation, increasing the risk of nuclear war between major powers like the US and China.
Blue Origin’s New Glenn blows up during static fire test
Blue Origin’s New Glenn failed during a static fire test, causing an explosion. The incident impacts the company’s launch schedule and future plans.
FBI Arrests CIA Official with $40M in Gold Bars in His Home
A senior CIA official was arrested after authorities found over $40 million worth of gold bars and foreign currency in his Virginia residence. Details are still emerging.
Canada to order military plane fleet from Sweden in shift from US suppliers
Canada will buy early warning aircraft from Sweden’s Saab instead of Boeing, marking a shift from US defense firms amid Arctic security concerns.
Pakistan to deploy paramilitary force to guard copper-gold belt
Pakistan plans to deploy a new paramilitary force in Balochistan to safeguard its copper-gold resources amid security concerns, boosting investor confidence.
SpaceX launches Starship v3 rocket
SpaceX successfully launched the Starship v3 rocket on May 22, marking a key milestone in its development for future space missions.
US arms sales to Taiwan on ‘pause’ due to Iran war, acting Navy chief says
The acting Navy chief confirms US arms sales to Taiwan are paused amid Iran conflict, raising questions about future military support for Taipei.