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Space Exploration Technologies (NASDAQ: SPCX), better known as SpaceX, has taken investors on a roller-coaster ride since its initial public offering (IPO) in June. The stock immediately shot up to more than $225 after going public at $150. Then a harsh sell-off nearly took the stock below $100 per share. However, it has rebounded more…

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I’ll admit it; I was a Space Exploration Technologies (NASDAQ: SPCX) skeptic when it first debuted on the public markets in June. While I wasn’t skeptical of the business, I was skeptical of the $2 trillion valuation it went public at. However, my opinion has shifted a bit, especially after seeing its latest results.

Rivian Automotive(NASDAQ: RIVN) trades around $12 per share, giving the electric vehicle manufacturer a market capitalization of about $18 billion. That’s a fraction of Tesla’s valuation, but Rivian still has a long way to go before achieving consistent profitability.

Roughly 60% of the reductions are expected in “support functions,” including developers, as AI bolsters productivity, the bank said.

Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits

Barclays is cutting around 5,000 staff this year as it introduces more artificial intelligence (AI) into its processes.

Micron (NASDAQ: MU) has been one of the market’s hottest stocks over the past year, with the ongoing artificial intelligence (AI) boom driving investors toward companies that make memory and storage devices. The stock was up 334% over the past 12 months and up 208% for the year through market close on Oct. 16.

Imagine it’s 2036. You’re standing on a rooftop in the heart of New York City, waiting for a ride to the airport. Suddenly, there’s a sound like a giant electric fan overhead, and a small helicopter-like aircraft descends. A few seconds later, you step inside, and the aircraft takes off, flying above the traffic below.

Micron (NASDAQ: MU) is undergoing one of the biggest shifts of nearly any stock in the market. It’s seeing unprecedented demand for its memory chips and is also helping to transform its industry at the same time. The moves it’s making are upending some of the long-established understandings regarding its business, but the market hasn’t…