Today: 20 May 2026
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TSX:6503 19 June 2025 - 5 September 2025

Japan’s Space and Satellite Industry: A Comprehensive 2025 Market Report

Japan’s Space and Satellite Industry: A Comprehensive 2025 Market Report

Japan became the fifth country to land on the Moon in 2024 with JAXA’s SLIM probe. The nation’s space industry is valued at ¥4 trillion ($26 billion), with plans to double by the early 2030s. Over 50 startups now operate in the sector, up from about 10 a few years ago. The government aims to boost annual launches from five in 2024 to 30 by the 2030s.
Sky Spies: The Ultimate Guide to Weather Satellites Tracking Storms, Saving Lives, and Monitoring Climate

Sky Spies: The Ultimate Guide to Weather Satellites Tracking Storms, Saving Lives, and Monitoring Climate

NASA’s TIROS-1 launched in 1960, transmitting over 19,000 cloud images in 78 days and proving satellite weather observation. By mid-2025, more than 300 Earth observation satellites are in orbit, including advanced systems like GOES-16, Himawari-8/9, and FY-4A, providing rapid, high-resolution data. The World Meteorological Organization coordinates global satellite data exchange, with most data freely shared.

Stock Market Today

  • Intuit Shares Drop 11% After Q3 Earnings Beat, Announces 17% Workforce Cut
    May 20, 2026, 5:23 PM EDT. Intuit reported Q3 revenue of $11.1 billion, up 10% year-on-year, driven by 15% growth in Global Business Solutions and 19% growth in Online Ecosystem segments. The company ended Q3 with $6.8 billion in cash and $6.2 billion in debt after repurchasing $1.6 billion in stock. CEO Sasan Goodarzi highlighted AI-driven growth strategies. Intuit raised Q4 revenue guidance to 11-12% growth and increased full-year adjusted earnings forecast to $23.80-$23.85 per share, beating estimates. However, shares fell 11.45% after hours amid a 17% workforce reduction plan, expected to incur $300-$340 million restructuring charges. The move aims to streamline operations and sustain long-term growth.

Latest articles

e.l.f. Beauty’s Earnings Beat Has One Big Catch Wall Street Can’t Ignore

e.l.f. Beauty’s Earnings Beat Has One Big Catch Wall Street Can’t Ignore

20 May 2026
e.l.f. Beauty forecast fiscal 2027 sales and adjusted profit below Wall Street estimates, citing $15–$20 million in potential oil-related costs from the Iran war. Fourth-quarter net sales rose 35% to $449.3 million, beating expectations, but the company posted a $49.4 million net loss due to a $57.6 million charge tied to the Rhode acquisition. Shares rose after hours despite closing down 4.3% earlier.
Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital Hits 1 GW, $31 Billion Bet Starts

20 May 2026
Applied Digital signed a 15-year, $7.5 billion lease with an unnamed U.S. hyperscaler for 300 megawatts at its new Polaris Forge 3 campus, raising its contracted baseline revenue to $31 billion. Shares jumped about 8% to $39.52 in after-hours trading. Initial operations at the 600-acre northern U.S. site are set for August 2027. Analysts remain cautious on valuation and construction risk.
Nvidia Raises AI Stakes Again, Eyes Turn to Thursday Stock Action

Nvidia Raises AI Stakes Again, Eyes Turn to Thursday Stock Action

20 May 2026
Nvidia reported record first-quarter revenue of $81.6 billion, up 85% from a year earlier, and forecast $91.0 billion for the second quarter. Shares closed at $223.47, up 1.3%, then slipped to $221.90 in extended trading. The company authorized an additional $80 billion in share buybacks and raised its dividend to 25 cents per share. Data Center revenue rose 92% to $75.2 billion.
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