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News Powered By AI

Rivian reduces 2026 spending plans, narrows earnings guidance

by News Feed Editor | Aug 3, 2026 | Stock Market

Rivian Automotive reduced its 2026 capital spending guidance and narrowed adjusted loss forecasts while reconfirming vehicle delivery targets and reporting improved second-quarter gross profit.

‘Spider-Man: Brand New Day’ sets domestic box office preview record with $72 million

by News Feed Editor | Aug 3, 2026 | Stock Market

Spider-Man: Brand New Day achieved a domestic box office preview record with $72 million in early ticket sales, surpassing the previous record held by Avengers: Endgame.

Why flights are so expensive and will likely stay that way

by News Feed Editor | Aug 3, 2026 | Stock Market

U.S. airfares rose 26.5% in June compared with a year earlier, with airlines reporting strong demand despite higher fuel and labor costs, signaling price increases will likely persist through the remainder of the year.

South Africa issues draft rules for cross-border crypto

by News Feed Editor | Aug 3, 2026 | Stock Market

South Africa released draft guidelines for regulating cross-border cryptocurrency transfers, requiring transactions to occur through authorized providers and be reported to financial authorities.

World cotton trade to reach 10.3m tonnes by 2028/29

by News Feed Editor | Aug 3, 2026 | Stock Market

Global cotton trade is projected to rise to 10.3 million tonnes by 2028/29 from 9.4 million tonnes in 2025/26, driven by resilient consumption despite production challenges.

Auditeo sued by ASIC over alleged First Guardian audit failures

by News Feed Editor | Aug 3, 2026 | Stock Market

ASIC has filed Federal Court proceedings against audit firm Auditeo and two auditors over alleged audit failures related to the First Guardian Master Fund, which later collapsed affecting over 6,000 investors.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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