Coca-Cola shares jumped more than 4% after the company posted earnings and revenue that topped analyst expectations. United Technologies advanced nearly 2%.US Marketsread more
The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
In advance of Amazon's earnings report on Thursday, Craig Johnson says the stock chart is pointing to big gains. Mark Tepper also likes the stock.Trading Nationread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a month-long truce.Marketsread more
Lawmakers, industry representatives and advocates are testifying to the Senate committee about the challenges that cannabis companies face in states where medical or...Health and Scienceread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
"[He] is a brilliant man," Shotwell said Tuesday, according to the report. "I wish people would not focus on triviality."
Musk remains firmly in the public eye after a tumultuous month of announcements and appearances: He launched his auto company Tesla into controversy with a take-private tweet on Aug. 7 and appeared to smoke weed during a Sept. 6 podcast. The Air Force has begun looking into the latter situation, telling CNBC in a statement Sept. 7 the military "will need time to determine the facts and the appropriate process to handle the situation." It is unclear whether a formal investigation will be launched by the Air Force.
SpaceX is on pace this year to shatter its record 18 successful launches completed in 2017. The company has already completed 16 launches — including the debut of Falcon Heavy, the most powerful rocket in the world. SpaceX also debuted an enhanced version of its Falcon 9 rocket called Block 5 on May 11, launching and landing the new vehicle in its first attempt.
Shotwell, leading day-to-day operations, has helped make SpaceX the dominant company in the global market of orbital rocket launches, which the U.S. had ceded to Russia and Europe until last year. Launching nearly every other week — while developing a gigantic reusable Mars rocket and a constellation of 4,425 broadband satellites — SpaceX has become one of the most valuable private companies in the world, worth about $28 billion.