The Super Heavy booster lands on the company’s launch tower during the fifth Starship flight on Oct. 13, 2024.SpaceXSpaceX launched its fifth test flight of its Starship rocket on Sunday and made a dramatic first catch of the rocket’s more than 20-story tall booster.The achievement marks a major milestone toward SpaceX’s goal of making Starship a fully reusable rocket system.Elon Musk’s company launched Starship at 8:25 a.m. ET from its Starbase facility near Brownsville, Texas. The rocket’s “Super Heavy” booster returned to land on the arms of the company’s launch tower nearly seven minutes after launch.”Are you kidding me?” SpaceX…
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(Reuters) – Republican U.S. presidential candidate Donald Trump on Sunday suggested he could impose tariffs higher than 200% on vehicles imported from Mexico, saying his aim would be to prevent the selling of cars from Mexico into the United States. “All I’m doing is saying ‘I’ll put 200 or 500, I don’t care.’ I’ll put a number where they can’t sell one car,” he said during a Fox News interview that aired on Sunday. “I don’t want them hurting our car companies.” Trump, facing Democrat Kamala Harris in a tight race, has previously pledged that if elected again as president…
Key InsightsSignificantly high institutional ownership implies Palomar Holdings’ stock price is sensitive to their trading actionsA total of 11 investors have a majority stake in the company with 51% ownership Insiders have sold recently To get a sense of who is truly in control of Palomar Holdings, Inc. (NASDAQ:PLMR), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 87% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).Institutional…
By Jasper Ward WASHINGTON (Reuters) – Former U.S. President Donald Trump, who is the Republican presidential candidate, said he spoke with Israeli Prime Minister Benjamin Netanyahu “like two days ago.” Trump was asked when last he spoke to the Israeli leader during a Fox News interview that aired on Sunday. “Like two days ago and he came to my house in Florida, Mar-a-Lago with his wife who was lovely,” he responded. Trump met with Netanyahu at his resort in Palm Beach, Florida, in July. It was their first meeting since the end of Trump’s presidency. U.S. President Joe Biden also…
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we’d want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. Speaking of which, we noticed some great changes in Teradata’s (NYSE:TDC) returns on capital, so let’s have a look.Understanding Return On Capital Employed (ROCE)Just to clarify if you’re unsure, ROCE is a…
Housing demand has been hard to forecast even as mortgage rates have declined. Just take a look at homebuilders’ quarterly results so far this earnings season.Two of America’s largest homebuilders, Lennar (LEN) and KB Home (KBH), reported third quarter net new home orders that have fallen short of Wall Street expectations.Net new orders represent the number of new sales contracts that have been finalized and signed by buyers minus customer home order cancellations booked for the period. Investors and analysts pay close attention to this figure because its a leading indicator for homebuilders on housing activity.Lennar, the nation’s second-largest homebuilder,…
SAN RAMON, Calif.–(BUSINESS WIRE)–Chevron today announced a donation of $250,000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida. The funds will provide support for emergency teams and volunteer efforts. “Our thoughts are with the Florida residents as they recover from Hurricane Milton, said Mike Vomund, vice president of Fuel Sales, Chevron . We understand that reliable energy is essential to the recovery process, and we are working to help restore fuel supplies to the impacted area as quickly and safely as possible. We are proud to support organizations like Fuel Relief Fund, Team Rubicon, and…
In September, a 1970 Chevrolet Chevelle SS 454 LS6 was poised to shatter auction records at Mecum’s Indy Fall Special. However, the recent auction saw the LS6 sell for less than anticipated, falling short of setting a new benchmark. Despite its potential, several factors may have contributed to its underwhelming performance. The Chevelle LS6 was a formidable force during the muscle car era. Its 454-cubic-inch V8 engine, a more powerful version of the LS5, generated an impressive 450 horsepower and 500 pound feet of torque. 1970 Chevrolet Chevelle SS 454 LS6 Sells Below Expectations at Auction (Chevrolet) This output significantly…
Fifty years ago, McLaren etched its name in the annals of Formula 1 history with a double championship victory. This momentous achievement marked the beginning of a legacy that continues to inspire and fascinate. As we celebrate this golden anniversary, the McLaren spirit lives on in the W1, a hypercar that embodies the pinnacle of automotive engineering and design. With its distinctive, almost alien like silhouette, the W1 immediately commands attention. It’s a stark contrast to the McLaren F1, a three seater icon that redefined performance standards in the 1990s. Yet, both cars share a common thread: they are the…
Image source: Getty Images Investors have remained incredibly loyal to Scottish Mortgage Investment Trust (LSE: SMT), despite a bumpy few years. Many doubtless remember its halcyon days, when the FTSE 100-listed tech-focused trust returned more than 500% in five years, and are clinging on for hopes of a repeat. The Scottish Mortgage share price crashed by more than 50% in 2022. That was a terrible year for tech but the trust fell far harder than the tech-heavy Nasdaq index, which ended the year down ‘just’ 28.39%. Is it all it’s cracked up to be? I took advantage of the crash…