Flight

Virgin Galactic CEO Explains What's Next After Billionaire Richard Branson's Successful Spaceflight

2 monthes ago   |   By Forbes

The company will begin offering commercial spaceflights next year, with an eventual goal of multiple flights per day around the world.
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Don't expect the stock market to rally on the back of blowout corporate earnings, Bank of America says

2 monthes ago   |   By Business Insider

Wall Street is looking for higher earnings from S&P 500 companies in the second quarter.
Spencer Platt/Getty Images
Wall Street is expecting more earnings beats to come from S&P 500 companies this earnings season.
But a jump in earnings doesn't always result in a lock on hefty market returns, BofA analysts wrote.
60% of losing quarters since 1996 have taken place in quarters with earnings beats, the firm said.
See more stories on Insider's business page .
Earnings beats in the second quarter look set to climb after the strongest quarter on record but such figures provide no guarantee that...
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Virgin Galactic is on track to begin commercial operations next year, but future growth is already priced into the stock, Bank of America says

2 monthes ago   |   By Business Insider

A Virgin Galactic spacecraft attached to its carrier vehicle, WhiteKnightTwo.
Virgin Galactic
In a note published Monday, Bank of America stuck to its "underperform" rating for Virgin Galactic.
Also on Monday, Virgin Galactic announced that it would issue $500 million in fresh shares.
BofA analysts expect that Virgin Galactic is unlikely to generate positive cash flow before 2025.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
Virgin Galactic founder Sir Richard Branson has gone spacefaring , but don't confuse spectacle for substance, Bank of America analysts...
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Granada's Alhambra

Granada's Alhambra

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Recipe: Making Alcapurrias at Home

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Robinhood promises to fix 'the issues' that outraged customers when it...

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