Author: i2wtc

Rocket Lab’s stock rose as much as 3% on Tuesday after the space company posted record revenues in the third-quarter as it scoops up more launch deals and builds its backlog.The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million for the period. That surpassed the $152 million forecast from analysts polled by LSEG, and it was up 48% from about $105 million a year ago. Rocket Lab also posted a smaller-than-expected loss of 3 cents per share, versus the 10-cent per share loss anticipated.Additionally, Rocket Lab issued strong…

U.S. Supreme Court Police direct visitors from behind security barriers in front of court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on Oct. 6, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesPresident Donald Trump asked the Supreme Court to hear his appeal of a civil verdict that ordered him to pay the writer E. Jean Carroll $5 million in damages after holding him liable for sexually abusing her during an encounter in a New York department store in the 1990s and for defaming her decades later.Trump’s request on Monday comes nearly…

CoreWeave shares sank 13% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report.”Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” on Tuesday.He then clarified that a “singular data center provider” is more accurate.”Some people might think it’s one complex, but when I go over the numbers, we’re talking about multiple places,” CNBC’s Jim Cramer said. “And it just so happens that the places are all connected to…

ISLAMABAD: Amid a boycott by opposition lawmakers, the Senate on Monday passed the 27th Constitution (Amendment) Bill, 2025 with a two-thirds majority, securing 64 votes. The bill aims to set up a federal constitutional court and grant permanent immunity to the president as well as lifetime status to the field marshal rank, amid criticism that the amendment will erode the judiciary’s independence. Members of the Pakistan Tehreek-e-Insaf (PTI) staged a strong protest during the proceedings. They tore up copies of the bill and gathered in front of the chairman’s dais, chanting slogans against the government. Despite the commotion, voting continued…

Namibian Minister of Works and Transport Veikko Nekundi (L) and Chinese Ambassador to Namibia Zhao Weiping attend a ribbon-cutting ceremony for the opening of the Chinese-aided Dr. Hage G. Geingob Freeway in Windhoek, Namibia, Nov. 10, 2025. (Xinhua/Lin Jing)Namibia officially inaugurated the Dr. Hage G. Geingob Freeway on Monday in the capital, Windhoek, marking the completion of a landmark infrastructure project set to transform regional transport and boost economic development. WINDHOEK, Nov. 11 (Xinhua) — Namibia officially inaugurated the Dr. Hage G. Geingob Freeway on Monday in the capital, Windhoek, marking the completion of a landmark infrastructure project set to transform…

Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: With the government pushing to pass the 27th Constitutional Amendment Bill in the National Assembly today (Tuesday), alarm bells are ringing across the judicial community as letters poured into the Supreme Court on Monday, urging a timely and decisive response. Letters from sitting and retired judges, lawyers, and former law clerks called on Chief Justice of Pakistan (CJP) Yahya Afridi to convene a full court meeting to chart a unified response before the curtain falls on the judiciary’s independence. Senior-most judge Justice…

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 10, 2025.Brendan McDermid | ReutersThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. The reopening tradeInvestors yesterday were pleased with the Senate’s approval of an agreement that could end the government shutdown. The three major indexes all surged in Monday’s session, regaining ground after posting sizable losses last week.Here’s what to know:The tech-heavy Nasdaq Composite saw its biggest one-day rally since May, signaling traders’ shift…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Billionaire Barry Sternlicht, the chairman and CEO of Starwood Capital Group, is a legendary, legacy real estate investor. Brendan Wallace is an entrepreneur who co-founded Fifth Wall, a venture capital firm investing in property technology and decarbonizing real estate. The pair first met in the gym. Now, Wallace can…

This photo taken on Nov. 3, 2025 shows a new energy vehicle (NEV) assembly line of BYD, China’s leading NEV manufacturer, at the plant of BYD in Zhengzhou, central China’s Henan Province. (Xinhua/Li Jianan)BEIJING, Nov. 11 (Xinhua) — China’s new energy vehicle (NEV) sector posted strong growth in production and sales in the first 10 months of 2025, according to industry data released Tuesday.NEV production jumped 33.1 percent year on year to nearly 13.02 million units during the first 10 months, according to data released by the China Association of Automobile Manufacturers (CAAM).Sales during the same period climbed 32.7 percent…

Justice Yahya Afridi. PHOTO: FILE Supreme Court Justice Athar Minallah and 38 former SC law clerks have written to CJP Yahya Afridi, urging him to convene a judicial convention and warning that the proposed 27th Constitutional Amendment poses a grave threat to judicial independence, with the clerks describing it as potentially “spelling the final death knell of the Supreme Court”. In his letter, Justice Minallah expressed dismay over the erosion of fundamental rights and the judiciary’s internal compromises. The development comes as the government moves to push the 27th Constitutional Amendment, which has already been passed by the Senate and…