Business & Markets
Every LifePivo story on business & markets - 11 of them, newest first, each one linking the sources it is built on.
Markets
SpaceX Put $15.8 Billion Into AI Last Quarter and $1.2 Billion Into Rockets
Maya Chen
SpaceX's first results as a public company, for the quarter to 30 June 2026, show revenue up 92% to $7.8bn and the net loss narrowing to $541m from $1.0bn.
UK devolution
The Bus Budget That Can Carry an English Mayor Toward Number 10
Maya Chen
England's metro mayors run regional institutions, but their transport budgets, public mandates and direct relationship with Whitehall can also build a national political profile.
Energy
BP Put 60 Years in the North Sea Up for Sale
Maya Chen
BP put its UK North Sea oil-and-gas business up for sale on 31 July 2026 after more than 60 years, the first big move by new chief executive Meg O'Neill toward shedding $20bn of assets…
Deals
Electronic Arts Is Leaving the Stock Market With $20 Billion of Debt
Maya Chen
Electronic Arts expects to complete its $55 billion take-private on or about August 4, 2026, at $210 a share. The buyers are Saudi Arabia's Public Investment Fund, Silver Lake and Jared Kushner's Affinity Partners, and…
Markets
The KOSPI Jumped 17.91% in One Day
Maya Chen
South Korea's KOSPI jumped 17.91% on 31 July 2026, its largest one-day gain on record. The extraordinary rebound was driven by Samsung Electronics and SK Hynix, but the index still finished July about 22% lower.
Streaming
26% to 25%: Netflix Passes the BBC by One Point, on One Question
Maya Chen
On 29 July 2026 Ofcom's annual Media Nations report found that, for the first time, Netflix (26%) has edged just past the BBC (25%) as the service UK viewers say they turn to first…
Markets
Apple Touched $5 Trillion for a Morning
Maya Chen
On 28 July 2026 Apple's shares briefly pushed its value just above $5 trillion (a $342.89 high, about $5.036tn) - the second listed company ever, after Nvidia, to touch that line.
Broadcasting
Naga Munchetty Is Leaving the BBC Breakfast Sofa, Not the BBC
Maya Chen
On 28 July 2026 the BBC said Naga Munchetty is leaving BBC Breakfast after 17 years - but not the BBC.
Westminster
Andy Burnham Reached Number 10
Maya Chen
Andy Burnham reached Number 10 through a by-election and Labour leadership change. Then a 73% TikTok follower jump made his first week look like a different kind of campaign.
Markets
The Kospi Closed 10.8% Down and Nvidia Lost 5%
Maya Chen
On 28 July 2026 an AI and chip sell-off hit Asia hard: South Korea's Kospi tripped a circuit breaker and closed about 10.8% lower, led by Samsung and SK Hynix.
Media business
ESPN Bought NFL Network. Ryan Clark Was Caught in What Came Next
Maya Chen
ESPN bought NFL Network assets, then AP reported a significant round of job cuts that included Ryan Clark. The transaction is confirmed; the reason one person was selected is not.