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Apple will integrate Alibaba's Qwen model into Apple Intelligence for its services in China.
New York Governor Kathy Hochul signed an executive order establishing a one-year moratorium on state permits for large AI data centers.
Local resistance has delayed or blocked nearly $130 billion worth of data center projects in the first quarter of 2026.
Apple's stock reached an all-time high after the company announced it will integrate Alibaba's Qwen model into Apple Intelligence for its China market.
SpaceX's stock has declined 40% from its peak, resulting in a loss of over $1 trillion in market value.
SpaceX's initial public offering raised a record $86 billion.
SpaceX's stock fell below its $135 IPO price for the first time on July 15th, touching an all-time low of $132.75.
SpaceX's stock has dropped 40% from its peak, wiping away more than $1 trillion in value.
Within six months of its IPO, SpaceX stock will be cut in half.
Morningstar published research before the SpaceX IPO that valued the company at $62 per share.
An additional 7% of SpaceX's stock will become available for sale by insiders two days after the company's earnings announcement around August 8th or 9th.
An additional 7% of SpaceX's shares will become eligible for sale by insiders two days after the company's earnings announcement on August 8th or 9th.