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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

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'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
FeaturesFive Things

Space vehicles and net neutrality — 5 things to know today

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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September 16, 2014, 8:17 AM ET
International Space Station
IN SPACE - SEPTEMBER 5: In this handout from NASA, Japan Aerospace Exploration Agency astronaut Aki Hoshide, Expedition 32 flight engineer, participates in the mission?s third session of extravehicular activity (EVA outside the International Space Station September 5, 2012 in Space. (Photo by NASA via Getty Images)Photo by NASA—Getty Images

Good morning, friends and Fortune readers.

Bit of a slow morning overall, but some interesting stuff is happening later today. We’ll hear about an Uber ruling regarding its operations in Germany, and the FCC will live stream a round table on the always-popular topic of net neutrality. Here’s what else you need to know about today.

1. Boeing beats out SpaceX

The old dog has beaten the young upstart, at least in this round. According to reports, Boeing looks set to beat out SpaceX over a multibillion-dollar NASA contract to carry astronauts to and from space. However, SpaceX does have a contract to carry equipment to and from the International Space Station.

2. Adobe’s latest quarter

Last quarter, the company behind Photoshop and Acrobat surprised analysts with solid positive growth. This afternoon, the company will post its latest financial results, and they’re not expected to be as good.

3. A chat about net neutrality

The Federal Communications Commission will live stream a discussion today on whether to end mobile broadband’s exemption from net neutrality rules, a proposition supported by nearly everyone except for cell phone companies.

4. German judge to make an Uber ruling

The judge who recently issued an injunction stopping some of Uber’s taxi services in Germany will make a ruling on an appeal today. Uber is arguing it should not be subject to rules designed for taxi companies.

5. Airbus to sell off some units

The Wall Street Journal is reporting that Boeing’s European rival is looking to sell of some of its defense divisions. The move comes as Airbus looks to concentrate more on its commercial airlines business.

About the Author
By Ben Geier
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