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Technology 7 February 2025 - 10 February 2025

On June 18, 2026, U.S. stock markets saw gains, with the S&P 500 up 1.07%, Nasdaq up 1.48%, and the Dow rising 0.35%. Chip stocks rallied after President Donald Trump announced Apple and Intel would collaborate on U.S. chip design and manufacturing, though neither company has confirmed the deal. Intel and related semiconductor stocks, including Qnity Electronics and Entegris, climbed sharply, and the iShares Semiconductor ETF jumped 7.4%. Apple is reportedly planning to raise product prices due to higher memory and storage chip costs, as AI data centers are drawing resources away from consumer devices. Wolfspeed surged 17.91% after filing to register 24.07 million shares for resale by existing stockholders, with the company not receiving proceeds from the sale. SpaceX shares closed at $185, down 3.5% but still 37% above its IPO price of $135, following a $75 billion offering that valued the company at $1.77 trillion. The public debut has created tax and diversification challenges for employees with stock-heavy compensation. Salesforce shares remained under pressure despite record results and strong AI-driven recurring revenue, as its $3.6 billion Fin acquisition raised questions about AI pricing and integration risk. FreeCast jumped 89.5% after announcing a Starlink Business reseller deal. HIVE’s BUZZ HPC unit secured a $220 million GPU cloud contract. Accenture issued revenue guidance below Wall Street forecasts, citing ongoing pressure from U.S. federal contracts. Nokia rose 1.3% on news of a Lenovo patent deal and developments in optical networking and defense. U.S. markets will be closed Friday for the Juneteenth holiday.
Internet Access in China

Internet Access in China

China had 1.09 billion internet users by end-2023, with over 99% on mobile. State-owned ISPs—China Telecom, China Unicom, and China Mobile—control regional access and backbone networks. All international traffic passes through three government-run gateways, slowing foreign site access. The Great Firewall blocks major foreign platforms and censors content; VPN use is tightly restricted.
10 February 2025
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Internet Access in Syria

Internet Access in Syria

Syria opened public internet access around 2000, years after establishing its first connection in 1997. By 2010–2011, about 4.5 million Syrians were online, but the government kept strict control over infrastructure and content. As of 2021, internet penetration reached 46–47%, still well below the regional average.
7 February 2025
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Stock Market Today

  • SpaceX Surges Post-IPO to Nearly $2.64 Trillion Valuation with Cursor Acquisition
    June 18, 2026, 10:42 PM EDT. SpaceX SPCX stock soared to $201.68, up 5% on Tuesday, marking a 50% gain above its $135 IPO price. The $60 billion acquisition of AI coding platform Cursor fueled investor enthusiasm, pushing SpaceX's market value to about $2.64 trillion, making it the sixth-largest U.S. public company. Despite the massive valuation, SpaceX's 2025 revenue is forecast at $18.7 billion, projected to reach $36.8 billion in 2026, far below other mega-caps. The company's price-to-sales ratio rests near 141 on 2025 revenue, indicating sky-high valuation multiples. Morningstar's analyst Nicolas Owens estimates SpaceX's fair value at $62 per share, noting the premium partly stems from technology bets like Starlink and Starship rockets development.

Latest articles

Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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