Block’s shares fell 22% on Friday, wiping off nearly $8 billion from the company’s market value. The decline came after a 2025 profit forecast cut raised concerns about its key businesses, particularly its peer-to-peer Cash App. Brokerages have reduced their price targets, citing weakness in Cash App and mounting competition. However, analysts point to Block’s … Read more
Exxon Mobil’s first-quarter earnings beat analyst expectations despite a 6% decline in profits due to weaker oil prices. The company reported revenue of $83.13 billion, slightly higher than last year’s $83.08 billion. Production growth and cost-cutting measures largely offset the negative impact of falling oil prices. Exxon’s global production business posted a 19% increase in … Read more
A part of a long-lost Soviet spacecraft, launched in 1972, is set to re-enter Earth’s atmosphere within the next two weeks. The space debris has been orbiting our planet for 53 years and may land intact on May 10. Scientists warn that this could happen due to its expected re-entry path, which poses a risk … Read more
SpaceX successfully deployed its 28th Starlink V2 Mini satellites aboard the Falcon 9 rocket during the Starlink 6-75 mission on May 1. The launch, which took place at 9:51 p.m. EDT from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station, marked the company’s 51st Falcon 9 launch of 2025. According to forecasts … Read more
NASA has officially received the Orion spacecraft that will carry astronauts on a mission around the moon in 2026. The spacecraft was handed over to NASA from Lockheed Martin, its main contractor, and is currently undergoing final tests at the Kennedy Space Center in Florida. The Orion spacecraft will join forces with the Space Launch … Read more
Gregg Popovich, the NBA’s all-time winningest head coach, has announced his decision to leave the team’s sideline after 29 seasons. The 76-year-old coach will transition to the team’s president of basketball operations, a role he will take on immediately. Mitch Johnson, who served as interim head coach during Popovich’s brief absence due to a mild … Read more
NASA’s SPHEREx space observatory has begun its scientific operations, marking a significant milestone in the mission to discover new information about the origins of the Universe, galaxies, and the ingredients for life. Launched on March 11, the observatory is now capturing 3,600 daily photos across six unique detectors that capture different wavelengths of infrared light. … Read more
Microsoft is increasing prices for its Xbox consoles, games, and accessories globally due to ongoing tariff uncertainty affecting consumer technology goods. Starting May 1, customers will pay up to $79.99 for some new first-party Xbox games, up from $69.99. The price jump applies to several items, including the Xbox Series X, now priced at $599, … Read more
A newly discovered security vulnerability in Apple’s AirPlay feature can allow hackers to spread malware between devices within the same network, putting millions of smart-home devices at risk. The “AirBorne” attack enables hackers to deploy malware, snoop on private data, or eavesdrop on conversations when connected to the same Wi-Fi network as devices. Experts warn … Read more
Halo Studios has revealed new details about the next Operation for Halo Infinite. The upcoming update includes a long-awaited linear Firefight mode, which offers a campaign-like experience with increasing difficulty as players advance through zones in a specific sequence. Players can also earn exclusive gear and rewards by completing the operation. The latest Operation, called … Read more